# Lake Victoria Gold Confirms up to Approximately 97% Gold Recovery and Free-Milling Metallurgy at the Imwelo Gold Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/lake-victoria-gold-confirms-up-to-approximately-97-gold-recovery-and-free-millin--9bca18bf-dba6-4ba8-9ade-d585e9a4ea04

Original source: https://finance.yahoo.com/news/lake-victoria-gold-confirms-approximately-070100430.html

Publisher: yahoo\_press

Original announcement: 2026-03-18T07:01:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Lake Victoria Gold Ltd.

- Ticker: LVG

- Exchange: TSXV

- Region: Tanzania

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Metallurgy

- Extracted: 2026-09-19 06:12:30 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Lake Victoria Gold has announced metallurgical testwork results from the Imwelo Gold Project in Tanzania. The results confirm that the gold mineralization is largely free-milling and demonstrates high gold recoveries of up to approximately 97%.

Reasoning: The announcement confirms high gold recovery and simple free-milling mineralogy, which significantly de-risks the processing stage for the Imwelo Gold Project.

- Positive factor: High gold recovery \(up to 97%\)

- Positive factor: Free-milling metallurgy confirmed

- Positive factor: Supports project economics

Facts used in scoring: 1

## Classification and evidence

**High Recovery**

Polarity: positive

Definition: Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Gold recovery of up to 97% is in the exceptional band for gold.

Evidence · text

> up to Approximately 97% Gold Recovery

**Free Milling**

Polarity: positive

Definition: Simple, clean ore amenable to standard processing without oxidation.

Why it applies: Mineralization is explicitly described as largely free-milling.

Evidence · text

> mineralization at Imwelo is largely free-milling

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: The mention of free-milling metallurgy and high recovery typically implies a standard mill/CIL route.

Evidence · text

> confirms that mineralization at Imwelo is largely free-milling

**Single Domain Only**

Polarity: negative

Definition: Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Metallurgical Results (1)

### laboratory testwork

[Link to this fact](https://atlas-extractions.minestarters.com/news/lake-victoria-gold-confirms-up-to-approximately-97-gold-recovery-and-free-millin--9bca18bf-dba6-4ba8-9ade-d585e9a4ea04#fact-metallurgical-facts-0)

Imwelo Gold Project · gold

#### Identity

- Project: Imwelo Gold Project
- Commodity: gold
- Region: tanzania
- Reported Region: Tanzania
- Ticker: LVG

#### Test Work

- Program Status: detailed
- Test Type: laboratory testwork
- Processing Route: unspecified
- Sample: drill core samples from Area C

#### Recovery

- Recovery: 97 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-03-18T00:00:00.000Z

Reasoning: 97% recovery is an exceptional result for gold.

- Positive factor: Exceptional recovery rate

Evidence · text

> up to Approximately 97% Gold Recovery

#### Tags used in scoring

**High Recovery**

Polarity: positive

Definition: Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 97% is at or above the exceptional band \(95%\)

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.