Gold Production in 2027, But Can The Grade Hold Past the Starter Pit? | Lake Victoria CEO Interview

❗LAKE VICTORIA GOLD HAS NOT PAID FOR THIS VIDEO. Terrahutton doesn't only make the invisible, investable, they also sponsored this video, making it free of YouTube ads: https://www.terrahutton.io/. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication. In general, viewers, listeners, and readers are encouraged to understand that this YouTube channel is a business that aims to receive compensation for the creation & publication of content. Viewers, listeners, and readers should should always assume there is a conflict of interest, as well biases. Viewers, listeners, and readers cannot and should not rely on anything said herein and are encouraged to conduct their own research as seek professional help. The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it. By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences. Nobody involved in the production of this publication is a licensed investment advisor. The views and opinions expressed in this interview are those of the guest and do not represent the views of Resource Talks and/or its affiliates and/or their personnel. No recommendations are being made to buy or sell any securities in this video. The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital. Read official company filings on www.SedarPlus.ca. Timestamps: 00:00:00 Chapters 00:00:12 Very Important Warning 00:01:03 Lake Victoria Gold Company Overview 00:05:04 What's the business strategy? 00:12:16 Has the CEO made money for shareholders? 00:15:33 Does the CEO have real skin in the game? 00:17:03 Where is the rest of the paper? 00:20:59 Who holds the royalty at Imwelo? 00:21:32 What are the CEO's change of control fees? 00:24:49 What is the history of Imwelo? 00:30:06 How did Lake Victoria Gold acquire Imwelo? 00:33:37 Why did the Imwelo take so long to close? 00:37:42 Did Imwelo come with any liabilities? 00:39:13 What is the main unanswered question? 00:43:32 Will the updated PFS meet NI 43-101 standards? 00:46:47 Is a bankable-level BFS coming anytime soon? 00:47:28 What does the ongoing drill program look like? 00:49:52 What would success mean for mine life and production? 00:54:34 When exactly can Imwelo hit those production targets? 00:55:33 What work is needed before first gold in 2027? 00:57:26 When will the Monetary Metals gold loan close? 00:58:28 Is the gold loan enough to cover all remaining work? 00:59:38 How much cash do they have? 01:01:16 Can they leverage the neighbor's infrastructure? 01:04:21 More dilution once in production? 01:06:00 Do the existing financing plans cover G&A? 01:09:03 What are the biggest risks for Lake Victoria Gold? 01:12:21 What is Tanzania like as a mining jurisdiction? 01:16:47 What are the biggest challenges of operating in Tanzania? 01:20:13 Could Tanzania's bureaucracy become a bottleneck? 01:21:38 How can they avoid Tanzania's arbitration dispute history? 01:23:01 What does the local community look like? 01:28:06 Where does water come from? 01:29:10 What is the biggest geological risk at Imwelo? 01:31:13 Is mineralization confirmed to continue at depth? 01:32:20 Do the pit outlines fall within the Imwelo claim boundary? 01:33:14 What are the plans for Tembo this year? 01:35:15 What other Tanzania companies is the CEO watching? 01:38:26 What are the marketing plans and budget? 01:40:27 What's the social media strategy? 01:41:47 Catalyst Calendar 01:42:48 What's the most fair criticism of Lake Victoria Gold? 01:45:59 Very Important Warning - DO NOT SKIP This is a Lake Victoria Gold interview with CEO, Marc Cernovitch.