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Pretreatment boosts 24-hour gold extraction from 50% to 85% at Lake Victoria Gold's Imwelo Project in Tanzania.

Market News
24 Sep 2026
PRNewsWire
View Source
Bullish
Pretreatment boosts 24-hour gold extraction from 50% to 85% at Lake Victoria Gold's Imwelo Project in Tanzania.

Lake Victoria Gold Ltd. reported that pretreatment involving attrition scrubbing and desliming significantly increased 24-hour gold extraction from 49.99% to 84.54% at its Imwelo Gold Project in Tanzania. This process also improved slurry handling and gravity recovery, with bottle-roll tests showing up to 88.15% recovery. These results enhance the metallurgical framework for the project, supporting further process optimization and advancing the project toward construction and production. The findings complement previous strong drill results and provide critical data for mine planning and plant design at Area C of the project.

Lake Victoria Gold's Imwelo project advances metallurgical processes while Pluang's Basic Materials sector shows mixed performance as of Sep 24, 2026 18:41 WIB. Among 38 priced US stocks, 10 rose and 25 fell. AngloGold Ashanti Limited (AU) trades at USD 97.70 with a 1-day change of -1.05% and 100% buy order activity, contrasting with MP Materials (MP) at USD 48.38, down 1.04%, and a near-even buy/sell split. Endeavour Silver Corp (EXK) holds at USD 9.17, down 0.97%, with 93% buy orders, highlighting varied investor interest and typical hold times ranging from 5 to 47 days on Pluang.

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