| Metals & Mining Industry | Materials Sector | Marc Cernovitch CEO | XSTU Exchange | CA5109151012 ISIN |
| CA Country | 4 Employees | - Last Dividend | 17 Jul 2020 Last Split | - IPO Date |
Lake Victoria Gold Ltd., formerly known as Tembo Gold Corp., is a junior mineral exploration entity focused on the strategic acquisition, exploration, and development of mineral properties in Tanzania. This venture is particularly concentrated on unearthing gold deposits within the region. The company made an important transition in its branding and identity by changing its name to Lake Victoria Gold Ltd. in December 2023, marking a new era in its history. Having been incorporated in 1937 and with its operational base located in Vancouver, Canada, the company plays a significant role in the gold exploration sector within the Tanzanian Lake Victoria goldfield district, an area renowned for its rich mineral resources.
Lake Victoria Gold Ltd.'s spotlight project, the Tembo Gold Property, spans over an expansive 32 square kilometers in the Lake Victoria goldfield district, positioned in the northwest part of Tanzania. This project is at the core of the company's exploration efforts, aiming to leverage the area's geological potential for significant gold discoveries.
The Imwelo Gold Project is another key endeavor for Lake Victoria Gold Ltd., situated within the bounds of the Lake Victoria Goldfields, specifically in the Geita Greenstone Belt. This project encompasses an area known for its promising geological settings, conducive to gold mineralization, and represents a vital part of the company’s portfolio in the quest for gold exploration and potential future development.