Junior Miners Poised to Break Out as Gold Aims for US$3,500 July 29, 2025 - Baystreet.ca Issued on behalf of Lake Victoria Gold Ltd. VANCOUVER – Baystreet.ca News Commentary – So far this year’s been quite a ride for goldbugs, as the price of gold skyrocketed to record highs in Q1 2025. With two-thirds of July already gone by, experts have weighed in on the potential for gold prices to reach $3,500 per ounce prior to month’s end. According to VanEck, gold stocks have been outperforming, with junior gold mining companies gaining momentum. As retail investors pour over which junior miners are making important moves, several have been putting out intriguing updates, including Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), Galiano Gold Inc. (NYSE-American: GAU) (TSX: GAU), Nicola Mining Inc. (TSXV: NIM) (OTCQB: HUSIF), Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF), and Borealis Mining Company Limited (TSXV: BOGO) (OTCPK: BORMF). As the summer nears its mid-point, analysts are claiming gold miner stocks are priming to go on a run. Through July, VanEck’s Gold Miners ETF (GDX) has delivered an impressive 52.8% year-to-date return, which substantially outpaced physical gold’s solid 27.6% price increase during the same period. As the precious metal stays comfortably over the US$3,300 per ounce price point, several analysts are believing in an upcoming US$4,00 price target. Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) has taken a decisive step toward near-term production after confirming that Nyati Resources’ processing plant—situated on one of the Tembo licences—is expected to begin commissioning within the next four to six weeks. “It was impressive to see the scale and quality of construction firsthand,” said David Scott, Managing Director Tanzania & Director of LVG, following a recent site visit. “The Nyati team has delivered a well-engineered plant with strong attention to detail across all critical circuits. With commissioning just weeks away, the site is clearly in the final stages of readiness. This facility will play a key role in enabling our development strategy at Tembo and beyond.” The fully licensed operation already includes a functioning 120 tpd carbon-in-pulp circuit. Construction is also advancing on a second line that’s expected to boost total throughput to over 600 tpd, adding dual regrind capacity, expanded leach circuits, and grid-tied power with backup systems in place. Commissioning stockpiles are now in place on the ROM pad, and final system checks are underway. Lake Victoria Gold and Nyati are finalizing a binding toll milling agreement that would grant LVG exclusive rights to process Tembo ore through the facility, while setting clear terms for capital contributions and profit sharing. This infrastructure milestone aligns with LVG’s upcoming 7,750 m drill program at Area C—the most advanced and highest-grade zone at its fully permitted Imwelo Gold Project, located just 12 km from AngloGold Ashanti’s flagship Geita operation. Drilling is split between 3,750 m of detailed infill RC drilling for mine planning, and 4,000 m of expansion drilling aimed at extending known mineralization. Standout results so far include 6.8 m at 14.6 g/t gold from 33.2 m, and 2 m at 7.5 g/t from 22 m—confirming Area C’s role as the first mining pit and supporting optimization work ahead of a construction decision anticipated after Q3 2025. “We’ve designed this program to maximize Imwelo’s short-term production readiness while extending the upside case,” said Marc Cernovitch, President and CEO of Lake Victoria Gold. “The drill data will help us finalize early mine scheduling, validate pit design, and potentially unlock high-grade extensions. With Area C now fully defined as our initial production zone, we’re making meaningful progress toward becoming Tanzania’s next gold producer.” In parallel, the company will be executing a 3,000 m RC drill program at the Ngula 1 target on its Tembo Project, following up on earlier high-grade intercepts such as 28.57 g/t over 3 m from 54 m, and 17.6 g/t over 1.5 m from 31 m. The goal is to define near-surface material that could feed into Nyati’s mill early on, while delineating a 2 km structural corridor. With JV plant commissioning approaching, Tembo could deliver initial cash flow ahead of Imwelo’s construction, enabling a phased and lower-risk ramp-up. Lake Victoria Gold also holds exposure to a potential US$45 million in contingent payments from its 2021 asset sale to Barrick’s Bulyanhulu mine, offering a speculative upside kicker. Liquidity is further supported by a gold prepay deal with Monetary Metals covering up to 7,000 oz and an C$11.52 million strategic investment commitment from Taifa Group. With development advancing on multiple fronts, access to scalable processing, and exploration momentum in two active gold belts, Lake Victoria Gold is now firmly positioned as an emerging producer with several low-capex avenues to unlock near-term value. CONTINUED… Read this and more news for Lake Victoria Gold at: https://usanewsgroup.com/2025/04/02/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/ In other industry developments and happenings in the market include: Galiano Gold Inc. (NYSE-American: GAU) (TSX: GAU) recently announced strong deep drilling results at its Abore deposit in Ghana, intersecting gold mineralization in all four holes, including 36m at 2.5 g/t gold. "Intersecting mineralized granite in all four deep holes of this program is an important step in advancing our understanding of the blue-sky underground expansion potential at Abore," stated Matt Badylak, President and CEO of Galiano. "These results continue to build on the success from our previous drilling campaigns and confirm that the controlling structures and host lithologies that characterize the Abore mineralizing system are present and fertile well below any areas previously drilled to date." The results suggest that high-grade mineralization extends well below current reserves, potentially supporting underground mining. A follow-up infill drill program is underway to expand resources and support future development plans. Nicola Mining Inc. (TSXV: NIM) (OTCQB: HUSIF) has officially transitioned into long-term production of gold and silver at its Merritt Mill in British Columbia. The mill is now processing high-grade ore from Talisker Resources, with additional bulk sampling expected from Dominion Creek. "We are extremely pleased to have commenced long-term production with Talisker and recognize the significant achievements made to date,” said Peter Espig, CEO of Nicola Mining. “Securing mining permits, raising capital, and executing on a mine plan require dedicated commitment. Nicola's ability to enter into multiple agreements highlights the strategic importance of our M-68 Mine Permit and underscores British Columbia's accelerated commitment to advancing well-managed mining projects." This marks a major milestone for Nicola as it establishes itself as a central processing hub for regional mining partners. Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF) has launched the second phase of ore sorting tests at its Bralorne Gold Project using laser-based technology to separate gold-bearing quartz veins from waste. “The purpose of this second ore-sorting study is to confirm the excellent results obtained in the preliminary study, utilizing run of mine material from active operational areas,” said Terry Harbort, CEO of Talisker. “Due to the obvious potential direct impact on project economics related to trucking and milling and the indirect impact of mining efficiencies we are fast-tracking this study as quickly as possible to unlock these benefits at Bralorne.” Early testing showed that sorting nearly doubled gold grades while rejecting up to 55% of non-valuable rock. The company expects this innovation to cut costs and improve efficiency as it advances toward full production. Borealis Mining Company Limited (TSXV: BOGO) (OTCPK: BORMF) has started crushing stockpiled material at its fully permitted Nevada gold project ahead of schedule, with first gold pours targeted for mid-August. "I'm very happy to see execution of the stockpile crushing program starting ahead of schedule, with the process running flawlessly so far,” said Kelly Malcolm, CEO of Borealis. “This is a meaningful revenue-generating exercise, and also provides us with a low-risk confirmatory test of our plant and procedures, ahead of upcoming genuine mining. I'd to thank our operations team and our contractor, Remington, for a smooth start. We are very excited to see substantial gold pours in the very short term." The operation is designed to confirm plant performance and generate early revenue while preparing for expanded mining later this year. The company expects to maintain gold production into 2026 using low-risk heap leach methods. Article Source: https://usanewsgroup.com/2025/04/02/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/ Baystreet.ca [email protected] (250) 999-4849 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Baystreet.ca is owned by Baystreet.ca Media Corp. (“BAY”). BAY has been paid a fee for Lake Victoria Gold Ltd. advertising and digital media from a shareholder of the Company (333,333 unrestricted shares). There may be 3rd parties who may have shares of Lake Victoria Gold Ltd., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of “BAY” reserve the right to buy and sell, and will buy and sell shares of Lake Victoria Gold Ltd. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by BAY has been approved by Lake Victoria Gold Ltd. Technical information relating to Lake Victoria Gold Ltd. has been reviewed and approved by David Scott, Pr. Sci. Nat., a Qualified Person as defined by National Instrument 43-101. Mr. Scott is a registered member of the South African Council for Natural Scientific Professions (SACNASP) and is a Director of Lake Victoria Gold Ltd., and therefore is not independent of the Company; this is a paid advertisement, we currently own shares of Lake Victoria Gold Ltd. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Junior Miners Poised to Break Out as Gold Aims for US$3,500 July 29, 2025 - Baystreet.ca Issued on behalf of Lake Victoria Gold Ltd. VANCOUVER – Baystreet.ca News Commentary – So far this year’s been quite a ride for goldbugs, as the price of gold skyrocketed to record highs in Q1 2025. With two-thirds of July already gone by, experts have weighed in on the potential for gold prices to reach $3,500 per ounce prior to month’s end. According to VanEck, gold stocks have been outperforming, with junior gold mining companies gaining momentum. As retail investors pour over which junior miners are making important moves, several have been putting out intriguing updates, including Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), Galiano Gold Inc. (NYSE-American: GAU) (TSX: GAU), Nicola Mining Inc. (TSXV: NIM) (OTCQB: HUSIF), Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF), and Borealis Mining Company Limited (TSXV: BOGO) (OTCPK: BORMF). As the summer nears its mid-point, analysts are claiming gold miner stocks are priming to go on a run. Through July, VanEck’s Gold Miners ETF (GDX) has delivered an impressive 52.8% year-to-date return, which substantially outpaced physical gold’s solid 27.6% price increase during the same period. As the precious metal stays comfortably over the US$3,300 per ounce price point, several analysts are believing in an upcoming US$4,00 price target. Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) has taken a decisive step toward near-term production after confirming that Nyati Resources’ processing plant—situated on one of the Tembo licences—is expected to begin commissioning within the next four to six weeks. “It was impressive to see the scale and quality of construction firsthand,” said David Scott, Managing Director Tanzania & Director of LVG, following a recent site visit. “The Nyati team has delivered a well-engineered plant with strong attention to detail across all critical circuits. With commissioning just weeks away, the site is clearly in the final stages of readiness. This facility will play a key role in enabling our development strategy at Tembo and beyond.” The fully licensed operation already includes a functioning 120 tpd carbon-in-pulp circuit. Construction is also advancing on a second line that’s expected to boost total throughput to over 600 tpd, adding dual regrind capacity, expanded leach circuits, and grid-tied power with backup systems in place. Commissioning stockpiles are now in place on the ROM pad, and final system checks are underway. Lake Victoria Gold and Nyati are finalizing a binding toll milling agreement that would grant LVG exclusive rights to process Tembo ore through the facility, while setting clear terms for capital contributions and profit sharing. This infrastructure milestone aligns with LVG’s upcoming 7,750 m drill program at Area C—the most advanced and highest-grade zone at its fully permitted Imwelo Gold Project, located just 12 km from AngloGold Ashanti’s flagship Geita operation. Drilling is split between 3,750 m of detailed infill RC drilling for mine planning, and 4,000 m of expansion drilling aimed at extending known mineralization. Standout results so far include 6.8 m at 14.6 g/t gold from 33.2 m, and 2 m at 7.5 g/t from 22 m—confirming Area C’s role as the first mining pit and supporting optimization work ahead of a construction decision anticipated after Q3 2025. “We’ve designed this program to maximize Imwelo’s short-term production readiness while extending the upside case,” said Marc Cernovitch, President and CEO of Lake Victoria Gold. “The drill data will help us finalize early mine scheduling, validate pit design, and potentially unlock high-grade extensions. With Area C now fully defined as our initial production zone, we’re making meaningful progress toward becoming Tanzania’s next gold producer.” In parallel, the company will be executing a 3,000 m RC drill program at the Ngula 1 target on its Tembo Project, following up on earlier high-grade intercepts such as 28.57 g/t over 3 m from 54 m, and 17.6 g/t over 1.5 m from 31 m. The goal is to define near-surface material that could feed into Nyati’s mill early on, while delineating a 2 km structural corridor. With JV plant commissioning approaching, Tembo could deliver initial cash flow ahead of Imwelo’s construction, enabling a phased and lower-risk ramp-up. Lake Victoria Gold also holds exposure to a potential US$45 million in contingent payments from its 2021 asset sale to Barrick’s Bulyanhulu mine, offering a speculative upside kicker. Liquidity is further supported by a gold prepay deal with Monetary Metals covering up to 7,000 oz and an C$11.52 million strategic investment commitment from Taifa Group. With development advancing on multiple fronts, access to scalable processing, and exploration momentum in two active gold belts, Lake Victoria Gold is now firmly positioned as an emerging producer with several low-capex avenues to unlock near-term value. CONTINUED… Read this and more news for Lake Victoria Gold at: https://usanewsgroup.com/2025/04/02/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/ In other industry developments and happenings in the market include: Galiano Gold Inc. (NYSE-American: GAU) (TSX: GAU) recently announced strong deep drilling results at its Abore deposit in Ghana, intersecting gold mineralization in all four holes, including 36m at 2.5 g/t gold. "Intersecting mineralized granite in all four deep holes of this program is an important step in advancing our understanding of the blue-sky underground expansion potential at Abore," stated Matt Badylak, President and CEO of Galiano. "These results continue to build on the success from our previous drilling campaigns and confirm that the controlling structures and host lithologies that characterize the Abore mineralizing system are present and fertile well below any areas previously drilled to date." The results suggest that high-grade mineralization extends well below current reserves, potentially supporting underground mining. A follow-up infill drill program is underway to expand resources and support future development plans. Nicola Mining Inc. (TSXV: NIM) (OTCQB: HUSIF) has officially transitioned into long-term production of gold and silver at its Merritt Mill in British Columbia. The mill is now processing high-grade ore from Talisker Resources, with additional bulk sampling expected from Dominion Creek. "We are extremely pleased to have commenced long-term production with Talisker and recognize the significant achievements made to date,” said Peter Espig, CEO of Nicola Mining. “Securing mining permits, raising capital, and executing on a mine plan require dedicated commitment. Nicola's ability to enter into multiple agreements highlights the strategic importance of our M-68 Mine Permit and underscores British Columbia's accelerated commitment to advancing well-managed mining projects." This marks a major milestone for Nicola as it establishes itself as a central processing hub for regional mining partners. Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF) has launched the second phase of ore sorting tests at its Bralorne Gold Project using laser-based technology to separate gold-bearing quartz veins from waste. “The purpose of this second ore-sorting study is to confirm the excellent results obtained in the preliminary study, utilizing run of mine material from active operational areas,” said Terry Harbort, CEO of Talisker. “Due to the obvious potential direct impact on project economics related to trucking and milling and the indirect impact of mining efficiencies we are fast-tracking this study as quickly as possible to unlock these benefits at Bralorne.” Early testing showed that sorting nearly doubled gold grades while rejecting up to 55% of non-valuable rock. The company expects this innovation to cut costs and improve efficiency as it advances toward full production. Borealis Mining Company Limited (TSXV: BOGO) (OTCPK: BORMF) has started crushing stockpiled material at its fully permitted Nevada gold project ahead of schedule, with first gold pours targeted for mid-August. "I'm very happy to see execution of the stockpile crushing program starting ahead of schedule, with the process running flawlessly so far,” said Kelly Malcolm, CEO of Borealis. “This is a meaningful revenue-generating exercise, and also provides us with a low-risk confirmatory test of our plant and procedures, ahead of upcoming genuine mining. I'd to thank our operations team and our contractor, Remington, for a smooth start. We are very excited to see substantial gold pours in the very short term." The operation is designed to confirm plant performance and generate early revenue while preparing for expanded mining later this year. The company expects to maintain gold production into 2026 using low-risk heap leach methods. Article Source: https://usanewsgroup.com/2025/04/02/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/ Baystreet.ca [email protected] (250) 999-4849 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Baystreet.ca is owned by Baystreet.ca Media Corp. (“BAY”). BAY has been paid a fee for Lake Victoria Gold Ltd. advertising and digital media from a shareholder of the Company (333,333 unrestricted shares). There may be 3rd parties who may have shares of Lake Victoria Gold Ltd., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of “BAY” reserve the right to buy and sell, and will buy and sell shares of Lake Victoria Gold Ltd. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by BAY has been approved by Lake Victoria Gold Ltd. Technical information relating to Lake Victoria Gold Ltd. has been reviewed and approved by David Scott, Pr. Sci. Nat., a Qualified Person as defined by National Instrument 43-101. Mr. Scott is a registered member of the South African Council for Natural Scientific Professions (SACNASP) and is a Director of Lake Victoria Gold Ltd., and therefore is not independent of the Company; this is a paid advertisement, we currently own shares of Lake Victoria Gold Ltd. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.