# Lake Victoria Gold Initiates First Land Compensation Programme at Tembo, Covering 111.32 Acres Over the Ngula 1 Deposit Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/lake-victoria-gold-initiates-first-land-compensation-programme-at-tembo-covering--551cc0e6-3e73-4666-9d19-c095ae62ae19 Original source: https://orestocks.com/company/LVG.V/press-releases/8077855665370846 Publisher: orestocks Original announcement: 2026-09-16T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Lake Victoria Gold Limited - Ticker: LVG.V - Exchange: Unavailable - Region: Tanzania - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update, Permitting - Extracted: 2026-09-16 12:19:01 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Lake Victoria Gold has initiated a land compensation and valuation programme covering 111.32 acres at the Tembo Gold Project in Tanzania. The programme targets the Ngula 1 deposit, which contains the bulk of the project's maiden mineral resources, with completion expected in early October 2026. Reasoning: The company is proactively initiating statutory land compensation processes for the Ngula 1 deposit, a key step for future development and resource conversion at the Tembo project. - Positive factor: Initiation of land compensation programme de-risks future development - Positive factor: Proactive approach to land access avoids critical path delays - Positive factor: Covers majority of ounces in maiden Tembo MRE - Negative factor: Land access is a known source of project delay Facts used in scoring: 2 ## Classification and evidence **Permitting Milestone** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Company has formally initiated the Phase 1 land valuation and compensation programme at Ngula Village. Evidence · text > has formally initiated the Phase 1 land valuation and compensation programme at Ngula Village **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. Why it applies: The programme area sits over the deposit hosting the majority of ounces in the maiden Tembo MRE. Evidence · text > the deposit that hosts the majority of the ounces in the Company's maiden Tembo Mineral Resource Estimate ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/lake-victoria-gold-initiates-first-land-compensation-programme-at-tembo-covering--551cc0e6-3e73-4666-9d19-c095ae62ae19#fact-resource-facts-0) Tembo · gold #### Identity - Project: Tembo - Commodity: gold - Region: tanzania - Reported Region: Tanzania - Ticker: LVG.V #### Resource scope - Estimate type: resource - Effective date: 2026-05-29T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Noleen D. Pauls, Dean Richards, David Scott - Resource group id: resource:274fe70fb3e7ca29abf3 - Deposit or zone: Ngula 1 #### Resource Data - Category: inferred - Tonnes: 8120000 - Grade: 1.03 - Grade Unit: g/t - Contained Metal: 267900 - Contained Unit: oz #### Prior Estimate - Resource Date: 2026-05-29 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: Inferred resource component of the maiden estimate. Evidence · text > Ngula 1 is estimated to contain Inferred Mineral Resources of 8.12 million tonnes grading 1.03 g/t Au for 267,900 ounces of contained gold #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/lake-victoria-gold-initiates-first-land-compensation-programme-at-tembo-covering--551cc0e6-3e73-4666-9d19-c095ae62ae19#fact-resource-facts-1) Tembo · gold #### Identity - Project: Tembo - Commodity: gold - Region: tanzania - Reported Region: Tanzania - Ticker: LVG.V #### Resource scope - Estimate type: resource - Effective date: 2026-05-29T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Noleen D. Pauls, Dean Richards, David Scott - Resource group id: resource:b5b4ba0e3298293c7f16 - Deposit or zone: Ngula 1 #### Resource Data - Category: indicated - Tonnes: 1780000 - Grade: 1.1 - Grade Unit: g/t - Contained Metal: 62700 - Contained Unit: oz #### Prior Estimate - Resource Date: 2026-05-29 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: Indicated resource component of the maiden estimate. Evidence · text > Indicated Mineral Resources of 1.78 million tonnes grading 1.10 g/t Au for 62,700 ounces of contained gold #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## 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.