Growing Optimism in Gold Market Signals Opportunity for Miners

USA News Group News Commentary

Issued on behalf of Lake Victoria Gold Ltd.

VANCOUVER, BC, April 30, 2025 /PRNewswire/ -- USA News Group News Commentary – Gold's ongoing rally is setting the stage for a potential breakout in mining stocks, according to analysts. Billionaire investor John Paulson has drawn fresh attention to the sector, recently backing an Alaskan gold mine with an $800-million investment, marking a bold move amid rising volatility. Trade tensions stirred by the U.S. White House have added fuel to the rally, propelling the Top 50 mining stocks group higher. Among the companies making waves with new developments are Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), Perseus Mining Limited (TSX: PRU) (OTCPK: PMNXF), Mandalay Resources Corporation (TSX: MND) (OTCQB: MNDJF), Aya Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF), and Goliath Resources Limited (TSXV: GOT) (OTCQB: GOTRF).

Even after recent gains, analysts argue that gold stocks remain undervalued, with economist Peter Schiff forecasting a possible new era of sector outperformance. Barron's has dubbed gold a "light in the investment darkness" as both institutional and retail demand continues to grow. Goldman Sachs now sees the metal climbing past US$3,700/oz by the end of 2025 — and potentially hitting US$4,000/oz by mid-2026.

Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) recently announced it's evaluating a small-scale development opportunity aimed at generating early cash flow at its flagship Tembo Project in Tanzania, following the recent conversion of its Prospecting License into four Mining Licenses (MLs). Through its local subsidiary MIPCCL, the company is in discussions to form a joint venture with the operator of a privately commissioned CIP processing facility situated within one of Tembo's 4 MLs.

"This potential partnership could represent a unique opportunity to establish early, low-capital-cost production from Tembo while continuing to unlock the district's exploration upside," said Marc Cernovitch, President and CEO of Lake Victoria Gold. "We remain committed to advancing Tembo through both strategic exploration and disciplined project development."

The initiative remains conceptual and is not based on a current mineral resource estimate or a Feasibility Study demonstrating economic or technical viability. Any potential development remains highly speculative and subject to significant technical and economic uncertainties, including grade continuity, metallurgy, permitting, and financing.