Gold Mining Stocks Positioned for Explosive Returns at Record $4,150 Prices October 16, 2025 - Baystreet.ca Issued on behalf of Lake Victoria Gold Ltd. VANCOUVER – Baystreet.ca News Commentary – Gold recently surged to $4,199.74 per ounce[1], capping a historic 57% climb from a year ago and creating unprecedented profit conditions for producers across the sector[2]. With production costs holding steady around $1,300 to $1,500 per ounce while spot prices push beyond $4,000, mining companies are capturing margins of $700 to $900 per ounce, transforming balance sheets and generating free cash flows that many operations haven't seen in decades. This widening gap between extraction costs and sale prices positions established producers and near-term developers as primary beneficiaries of gold's momentum, attracting attention to Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), Nova Minerals Limited (NASDAQ: NVA), Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF), NevGold Corp. (TSXV: NAU) (OTCQX: NAUFF), and Benz Mining Corp. (TSXV: BZ) (OTCPK: BENZF). Major financial institutions have revised forecasts sharply upward, with Bank of America, Goldman Sachs, and Citigroup now projecting prices could reach $4,900 to $5,000 per ounce by late 2025 or 2026, driven by relentless central bank accumulation, Federal Reserve rate cuts, and escalating concerns over U.S. debt levels[3]. Yet despite gold's breakout performance, mining stocks remain undervalued relative to the metal itself, with many producers trading at price-to-earnings ratios 43% below the broader market even as they post record earnings, creating what analysts describe as a rare window for investors to capture leveraged exposure before institutional capital fully reprices the sector[4]. Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) has commenced drilling at Area C within its fully permitted Imwelo Gold Project in Tanzania, signaling a pivotal transition toward near-term production as the company advances its highest-grade zone. The initial hole of an approximately 24-hole, 4,000-metre campaign is now underway, engineered to complete pit design, increase resource confidence, and explore extensions at what management views as the priority starter pit. The program employs a streamlined drilling methodology that delivers essential technical data for mine scheduling while maintaining efficient cycle times. "Kicking off drilling at Area C is a tangible step toward first production at Imwelo," said Marc Cernovitch, President and CEO of Lake Victoria Gold. "This program is designed to tighten our final pit design, convert ounces where appropriate, and set up for grade-control drilling so that once construction begins we can move quickly into pre-strip and stockpiling." The drilling campaign addresses multiple strategic objectives: locking in pit design with granular engineering inputs, upgrading the classification of existing historical gold resources, testing for mineralization beyond currently mapped zones, developing operational mining schedules, and refining gold recovery optimization. The opening hole tests Area C mineralization at roughly 120 metres depth on the western edge of the zone, penetrating deeper than prior drilling. Historical assays from this vicinity include 6.8 metres at 14.6 g/t gold at 32 m and 2.0 metres at 7.5 g/t from 22m, confirming production-grade gold potential. "We've engineered this campaign to answer the last technical questions: slope angles, ramp geometry, and continuity down-dip and to the west," said Seth Dickinson, Chief Operating Officer of Lake Victoria Gold. "By combining RC with diamond tails we are keeping costs down without compromising core data quality." The drill mobilization follows LVG reaching a pivotal agreement in principle with the Government of Tanzania on the government's statutory minimum 16% free carried interest, fulfilling a core regulatory condition. Together with environmental approval of the Updated Environmental and Social Management Plan, the regulatory pathway is effectively cleared for construction advancement. Situated just 12 kilometers from AngloGold Ashanti's flagship Geita mine, Imwelo operates under a 10-year renewable mining license with metallurgical recoveries surpassing 90%, translating to 90 cents of recoverable value per dollar of contained gold. Critically, Lake Victoria Gold targets first gold within 12 months of breaking ground. Financial momentum accelerated in September as LVG officially closed an oversubscribed $6 million financing alongside a soon-to-close $2 million concurrent private placement. Proceeds fund work programs satisfying conditions for a pre-paid forward purchase facility with Monetary Metals to finance mine construction capital. Beyond Imwelo, the Tembo Project delivers additional optionality via a planned 3,000m drilling program at Ngula 1, where historical intercepts of 28.57 g/t gold over 3 metres signal toll milling opportunity. The company retains exposure to up to US$45 million in contingent milestone payments from the 2021 asset sale to Barrick's Bulyanhulu operation. The timing proves strategic. With gold eclipsing $4,000 per ounce for the first time in history, Lake Victoria Gold is mobilizing equipment at a fully permitted project in one of Africa's premier gold districts precisely when high-grade ounces command maximum value. As regulatory clearances synchronize with exceptional metal prices and active field programs across two projects, LVG stands positioned at the convergence of technical de-risking and unprecedented market opportunity. NOTE: For a Cautionary Note on Production Decision, please see the Disclaimer below. 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: Nova Minerals Limited (NASDAQ: NVA) has been engaged by the Australian Government to brief His Excellency The Hon Dr Kevin Rudd AC, Australian Ambassador to the United States, on its Estelle Gold and Critical Minerals Project ahead of the October 20, 2025 meeting between Australian Prime Minister Anthony Albanese and U.S. President Donald Trump. The company recently secured a US$43.4 million award from the U.S. Department of War and has secured land use permits for a proposed antimony refinery at Port MacKenzie, positioning Nova as the leading emerging fully integrated antimony producer in the United States targeting military-spec antimony production by 2026/27. "Being invited to brief the Australian Government for this high-level meeting between Prime Minister Albanese and President Trump is a testament to the strategic importance of the Estelle Project," said Christopher Gerteisen, CEO of Nova Minerals. "With antimony recognized as a critical mineral and our gold resources adding significant value, Nova is well-positioned to contribute to both U.S. and Australian critical minerals strategies. The US$43.4 million DoW award and our secured land at Port MacKenzie underscore our commitment to building a secure, domestic supply chain for antimony and supporting U.S. defense and industrial needs." The Estelle Project spans 514 km² of State of Alaska mining claims and contains one of the world's largest undeveloped gold deposits with over 20 advanced gold and antimony prospects across a 35 km long mineralized corridor. The inclusion of antimony on the U.S. Critical Minerals List, coupled with growing global demand and strong government backing at federal, state and local levels, underscores the strategic importance of Nova's antimony production plans in supporting U.S. defense and industrial supply chains. Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) has advanced its Exploration Plan of Operations into National Environmental Policy Act review by the Federal Bureau of Land Management, with the company signing a Contributed Funds Agreement to provide funding that allows the BLM to assign additional personnel to the review team and potentially reduce the time required to complete the process. The BLM has up to six months to complete the NEPA review, however Lahontan, its permitting consultants, and the BLM believe the process will be more rapid as the POO has been posted on the BLM National NEPA Registry and a draft Environmental Assessment has already been completed. "Lahontan is excited to have its Exploration POO enter the NEPA review process," said Kimberly Ann, Founder, Chair, CEO, and President of Lahontan. "When NEPA is completed, the POO will allow for staged exploration drilling of over 700 holes within the Santa Fe Mine Project area, greatly enhancing the potential to expand the project's gold and silver resources and enhance expanded mining opportunities. The Contributed Funds Agreement allows the BLM to utilize additional personnel to complete the NEPA analysis and provide funding in case of a Federal government shutdown." The Santa Fe Mine Project is Lahontan's flagship property covering 26.4 km² with past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing. The project has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq and an Inferred Mineral Resource of 411,000 oz Au Eq, with the company planning to continue advancing the Santa Fe Mine project towards production and update the Santa Fe Preliminary Economic Assessment during 2025. NevGold Corp. (TSXV: NAU) (OTCQX: NAUFF) has reported significant historic oxide gold-antimony results at its Limousine Butte Project in Nevada, including 11.41 g/t AuEq over 6.1 meters (10.60 g/t Au and 0.18% Sb) within 2.19 g/t AuEq over 56.4 meters (1.74 g/t Au and 0.10% Sb) at Resurrection Ridge. The company has completed 8 drillholes in the current 2025 drill campaign with assays pending, and based on drilling completed by the company since 2021 and historical drilling by previous operators, there is strong potential to advance to an initial gold-antimony Mineral Resource Estimate in 2025. "We continue to add to the large oxide gold-antimony mineralization footprint at Limo Butte in Nevada with the objective of rapidly advancing the Project to an initial gold-antimony Mineral Resource Estimate," said Brandon Bonifacio, CEO of NevGold. "There is a clear commitment from the United States to advance high-quality, domestic, mineral projects and Limo Butte is optimally positioned with its significant near-surface, oxide gold-antimony mineralization and large geological database. The current 2025 drill program is positively advancing with 8 holes completed and assays pending." Phase II metallurgical testwork on gold and antimony continues to advance with results expected over the coming weeks, building on positive results from Phase I. The recent US$43.4 million award from the U.S. Department of War to Perpetua Resources Corp. for the Stibnite gold-antimony project in Idaho, coupled with antimony's inclusion on the U.S. Critical Minerals List and growing global demand, underscores the strategic importance of NevGold's Limousine Butte Project in supporting U.S. defense and industrial supply chains. Benz Mining Corp. (TSXV: BZ) (OTCPK: BENZF) has intersected 79 meters at 4.4 g/t gold from 534 meters in hole 25GLR023, representing the highest gram metre intercept to date at the Glenburgh Gold Project in Western Australia. The latest step-out drilling confirms the extension of the third lens approximately 70 meters below the nearest drilling intercepts including 47 meters at 1.9 g/t gold and 44 meters at 4.6 g/t gold, with the lens now over 350 meters in length and completely open at depth. "Lens 3 just keeps getting better. The latest 79 metres at 4.4 grams per tonne gold is the thickest and one of the most exciting intercepts we've ever seen at Glenburgh – proof that this system is growing stronger and more extensive with every drill hole," said Mark Lynch-Staunton, CEO of Benz Mining. "Every lens we've discovered so far remains open down-plunge, and we've only drilled a fraction of the 18km long Glenburgh corridor. The scale potential here is enormous – we're looking at a multi-lens gold system with the kind of thickness and grade continuity that can build serious ounces fast." The company has implemented a new drilling and logistics strategy, moving two of the four drill rigs to double shift operations which will effectively increase drilling capacity to six rigs at Glenburgh to rapidly speed up resource development. Benz has also established a dedicated transport solution for delivery of samples to laboratories in Perth to address assay turnaround times, and has set performance rights milestones tied to resource growth at 2 million, 4 million, and 6 million ounces of gold to align management interests with shareholder value creation. 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] (805) 649-0042 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; Cautionary Note on Production Decision: The Company cautions that it has not completed a feasibility study on the Imwelo Project that establishes mineral reserves demonstrating economic and technical viability. As a result, there is increased uncertainty and a higher risk of economic and technical failure associated with the Company’s production decision. In particular, there is no certainty that the planned low-capex open-pit operation will be economically viable or that planned production will occur as anticipated. Risks include, but are not limited to, variations in grade and recovery, unexpected geotechnical or metallurgical challenges, cost overruns, funding availability, and operational or permitting risks.; 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. -- SOURCES CITED: 1. https://tradingeconomics.com/commodity/gold 2. https://www.aljazeera.com/news/2025/10/8/why-golds-historic-rally-is-about-more-than-just-trump 3. https://markets.financialcontent.com/stocks/article/marketminute-2025-10-13-whats-next-for-gold-experts-share-their-views 4. https://invezz.com/news/2025/10/09/gdx-etf-analysis-is-it-too-late-to-buy-gold-mining-stocks/
Gold Mining Stocks Positioned for Explosive Returns at Record $4,150 Prices October 16, 2025 - Baystreet.ca Issued on behalf of Lake Victoria Gold Ltd. VANCOUVER – Baystreet.ca News Commentary – Gold recently surged to $4,199.74 per ounce[1], capping a historic 57% climb from a year ago and creating unprecedented profit conditions for producers across the sector[2]. With production costs holding steady around $1,300 to $1,500 per ounce while spot prices push beyond $4,000, mining companies are capturing margins of $700 to $900 per ounce, transforming balance sheets and generating free cash flows that many operations haven't seen in decades. This widening gap between extraction costs and sale prices positions established producers and near-term developers as primary beneficiaries of gold's momentum, attracting attention to Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), Nova Minerals Limited (NASDAQ: NVA), Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF), NevGold Corp. (TSXV: NAU) (OTCQX: NAUFF), and Benz Mining Corp. (TSXV: BZ) (OTCPK: BENZF). Major financial institutions have revised forecasts sharply upward, with Bank of America, Goldman Sachs, and Citigroup now projecting prices could reach $4,900 to $5,000 per ounce by late 2025 or 2026, driven by relentless central bank accumulation, Federal Reserve rate cuts, and escalating concerns over U.S. debt levels[3]. Yet despite gold's breakout performance, mining stocks remain undervalued relative to the metal itself, with many producers trading at price-to-earnings ratios 43% below the broader market even as they post record earnings, creating what analysts describe as a rare window for investors to capture leveraged exposure before institutional capital fully reprices the sector[4]. Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) has commenced drilling at Area C within its fully permitted Imwelo Gold Project in Tanzania, signaling a pivotal transition toward near-term production as the company advances its highest-grade zone. The initial hole of an approximately 24-hole, 4,000-metre campaign is now underway, engineered to complete pit design, increase resource confidence, and explore extensions at what management views as the priority starter pit. The program employs a streamlined drilling methodology that delivers essential technical data for mine scheduling while maintaining efficient cycle times. "Kicking off drilling at Area C is a tangible step toward first production at Imwelo," said Marc Cernovitch, President and CEO of Lake Victoria Gold. "This program is designed to tighten our final pit design, convert ounces where appropriate, and set up for grade-control drilling so that once construction begins we can move quickly into pre-strip and stockpiling." The drilling campaign addresses multiple strategic objectives: locking in pit design with granular engineering inputs, upgrading the classification of existing historical gold resources, testing for mineralization beyond currently mapped zones, developing operational mining schedules, and refining gold recovery optimization. The opening hole tests Area C mineralization at roughly 120 metres depth on the western edge of the zone, penetrating deeper than prior drilling. Historical assays from this vicinity include 6.8 metres at 14.6 g/t gold at 32 m and 2.0 metres at 7.5 g/t from 22m, confirming production-grade gold potential. "We've engineered this campaign to answer the last technical questions: slope angles, ramp geometry, and continuity down-dip and to the west," said Seth Dickinson, Chief Operating Officer of Lake Victoria Gold. "By combining RC with diamond tails we are keeping costs down without compromising core data quality." The drill mobilization follows LVG reaching a pivotal agreement in principle with the Government of Tanzania on the government's statutory minimum 16% free carried interest, fulfilling a core regulatory condition. Together with environmental approval of the Updated Environmental and Social Management Plan, the regulatory pathway is effectively cleared for construction advancement. Situated just 12 kilometers from AngloGold Ashanti's flagship Geita mine, Imwelo operates under a 10-year renewable mining license with metallurgical recoveries surpassing 90%, translating to 90 cents of recoverable value per dollar of contained gold. Critically, Lake Victoria Gold targets first gold within 12 months of breaking ground. Financial momentum accelerated in September as LVG officially closed an oversubscribed $6 million financing alongside a soon-to-close $2 million concurrent private placement. Proceeds fund work programs satisfying conditions for a pre-paid forward purchase facility with Monetary Metals to finance mine construction capital. Beyond Imwelo, the Tembo Project delivers additional optionality via a planned 3,000m drilling program at Ngula 1, where historical intercepts of 28.57 g/t gold over 3 metres signal toll milling opportunity. The company retains exposure to up to US$45 million in contingent milestone payments from the 2021 asset sale to Barrick's Bulyanhulu operation. The timing proves strategic. With gold eclipsing $4,000 per ounce for the first time in history, Lake Victoria Gold is mobilizing equipment at a fully permitted project in one of Africa's premier gold districts precisely when high-grade ounces command maximum value. As regulatory clearances synchronize with exceptional metal prices and active field programs across two projects, LVG stands positioned at the convergence of technical de-risking and unprecedented market opportunity. NOTE: For a Cautionary Note on Production Decision, please see the Disclaimer below. 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: Nova Minerals Limited (NASDAQ: NVA) has been engaged by the Australian Government to brief His Excellency The Hon Dr Kevin Rudd AC, Australian Ambassador to the United States, on its Estelle Gold and Critical Minerals Project ahead of the October 20, 2025 meeting between Australian Prime Minister Anthony Albanese and U.S. President Donald Trump. The company recently secured a US$43.4 million award from the U.S. Department of War and has secured land use permits for a proposed antimony refinery at Port MacKenzie, positioning Nova as the leading emerging fully integrated antimony producer in the United States targeting military-spec antimony production by 2026/27. "Being invited to brief the Australian Government for this high-level meeting between Prime Minister Albanese and President Trump is a testament to the strategic importance of the Estelle Project," said Christopher Gerteisen, CEO of Nova Minerals. "With antimony recognized as a critical mineral and our gold resources adding significant value, Nova is well-positioned to contribute to both U.S. and Australian critical minerals strategies. The US$43.4 million DoW award and our secured land at Port MacKenzie underscore our commitment to building a secure, domestic supply chain for antimony and supporting U.S. defense and industrial needs." The Estelle Project spans 514 km² of State of Alaska mining claims and contains one of the world's largest undeveloped gold deposits with over 20 advanced gold and antimony prospects across a 35 km long mineralized corridor. The inclusion of antimony on the U.S. Critical Minerals List, coupled with growing global demand and strong government backing at federal, state and local levels, underscores the strategic importance of Nova's antimony production plans in supporting U.S. defense and industrial supply chains. Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) has advanced its Exploration Plan of Operations into National Environmental Policy Act review by the Federal Bureau of Land Management, with the company signing a Contributed Funds Agreement to provide funding that allows the BLM to assign additional personnel to the review team and potentially reduce the time required to complete the process. The BLM has up to six months to complete the NEPA review, however Lahontan, its permitting consultants, and the BLM believe the process will be more rapid as the POO has been posted on the BLM National NEPA Registry and a draft Environmental Assessment has already been completed. "Lahontan is excited to have its Exploration POO enter the NEPA review process," said Kimberly Ann, Founder, Chair, CEO, and President of Lahontan. "When NEPA is completed, the POO will allow for staged exploration drilling of over 700 holes within the Santa Fe Mine Project area, greatly enhancing the potential to expand the project's gold and silver resources and enhance expanded mining opportunities. The Contributed Funds Agreement allows the BLM to utilize additional personnel to complete the NEPA analysis and provide funding in case of a Federal government shutdown." The Santa Fe Mine Project is Lahontan's flagship property covering 26.4 km² with past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing. The project has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq and an Inferred Mineral Resource of 411,000 oz Au Eq, with the company planning to continue advancing the Santa Fe Mine project towards production and update the Santa Fe Preliminary Economic Assessment during 2025. NevGold Corp. (TSXV: NAU) (OTCQX: NAUFF) has reported significant historic oxide gold-antimony results at its Limousine Butte Project in Nevada, including 11.41 g/t AuEq over 6.1 meters (10.60 g/t Au and 0.18% Sb) within 2.19 g/t AuEq over 56.4 meters (1.74 g/t Au and 0.10% Sb) at Resurrection Ridge. The company has completed 8 drillholes in the current 2025 drill campaign with assays pending, and based on drilling completed by the company since 2021 and historical drilling by previous operators, there is strong potential to advance to an initial gold-antimony Mineral Resource Estimate in 2025. "We continue to add to the large oxide gold-antimony mineralization footprint at Limo Butte in Nevada with the objective of rapidly advancing the Project to an initial gold-antimony Mineral Resource Estimate," said Brandon Bonifacio, CEO of NevGold. "There is a clear commitment from the United States to advance high-quality, domestic, mineral projects and Limo Butte is optimally positioned with its significant near-surface, oxide gold-antimony mineralization and large geological database. The current 2025 drill program is positively advancing with 8 holes completed and assays pending." Phase II metallurgical testwork on gold and antimony continues to advance with results expected over the coming weeks, building on positive results from Phase I. The recent US$43.4 million award from the U.S. Department of War to Perpetua Resources Corp. for the Stibnite gold-antimony project in Idaho, coupled with antimony's inclusion on the U.S. Critical Minerals List and growing global demand, underscores the strategic importance of NevGold's Limousine Butte Project in supporting U.S. defense and industrial supply chains. Benz Mining Corp. (TSXV: BZ) (OTCPK: BENZF) has intersected 79 meters at 4.4 g/t gold from 534 meters in hole 25GLR023, representing the highest gram metre intercept to date at the Glenburgh Gold Project in Western Australia. The latest step-out drilling confirms the extension of the third lens approximately 70 meters below the nearest drilling intercepts including 47 meters at 1.9 g/t gold and 44 meters at 4.6 g/t gold, with the lens now over 350 meters in length and completely open at depth. "Lens 3 just keeps getting better. The latest 79 metres at 4.4 grams per tonne gold is the thickest and one of the most exciting intercepts we've ever seen at Glenburgh – proof that this system is growing stronger and more extensive with every drill hole," said Mark Lynch-Staunton, CEO of Benz Mining. "Every lens we've discovered so far remains open down-plunge, and we've only drilled a fraction of the 18km long Glenburgh corridor. The scale potential here is enormous – we're looking at a multi-lens gold system with the kind of thickness and grade continuity that can build serious ounces fast." The company has implemented a new drilling and logistics strategy, moving two of the four drill rigs to double shift operations which will effectively increase drilling capacity to six rigs at Glenburgh to rapidly speed up resource development. Benz has also established a dedicated transport solution for delivery of samples to laboratories in Perth to address assay turnaround times, and has set performance rights milestones tied to resource growth at 2 million, 4 million, and 6 million ounces of gold to align management interests with shareholder value creation. 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] (805) 649-0042 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; Cautionary Note on Production Decision: The Company cautions that it has not completed a feasibility study on the Imwelo Project that establishes mineral reserves demonstrating economic and technical viability. As a result, there is increased uncertainty and a higher risk of economic and technical failure associated with the Company’s production decision. In particular, there is no certainty that the planned low-capex open-pit operation will be economically viable or that planned production will occur as anticipated. Risks include, but are not limited to, variations in grade and recovery, unexpected geotechnical or metallurgical challenges, cost overruns, funding availability, and operational or permitting risks.; 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. -- SOURCES CITED: 1. https://tradingeconomics.com/commodity/gold 2. https://www.aljazeera.com/news/2025/10/8/why-golds-historic-rally-is-about-more-than-just-trump 3. https://markets.financialcontent.com/stocks/article/marketminute-2025-10-13-whats-next-for-gold-experts-share-their-views 4. https://invezz.com/news/2025/10/09/gdx-etf-analysis-is-it-too-late-to-buy-gold-mining-stocks/