The $5,000 Gold Pivot: Why the 2026 Production Sprint is Triggering a Systemic Re-rating
Issued on behalf of Lake Victoria Gold Ltd.
VANCOUVER, BC, Jan. 15, 2026 — USA News Group News Commentary – Global mined gold production is entering a definitive structural plateau as the depletion of aging assets outpaces the rate of primary discovery. This tightening physical constraint aligns with updated institutional forecasts projecting gold toward $5,000 per ounce by late 2026, a target reinforced by persistent and non-price-sensitive central bank demand. This fundamental shift toward secure, near-term supply fuels the 2026 investment case for Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), Patagonia Gold (TSXV: PGDC) (OTCPK: HGLD), G Mining Ventures (TSX: GMIN) (OTCQX: GMINF), OceanaGold (TSX: OGC) (OTCQX: OCANF), and Perpetua Resources (NASDAQ: PPTA) (TSX: PPTA).
Accelerating regional mining investment across Tanzania and other proven jurisdictions reflects a broader mandate for infrastructure-ready projects. These structural tailwinds are further bolstered by global central bank diversification, creating asymmetric upside for developers capable of successfully transitioning from the drill bit to tangible production timelines.
Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) just confirmed surface grades up to 35.45 g/t gold at its Tembo Project in Tanzania, and the results are attracting attention. Eight artisanal mining sites returned consistently strong numbers, with Ngula 1 emerging as the clear priority for the company’s next drilling campaign.
“We are moving from exploration to execution,” said Marc Cernovitch, President and CEO of Lake Victoria Gold. “The high-grade samples at surface confirm the system’s potential, while our engagement with Nyati Resources offers a tangible path to process that material. Our focus is squarely on defining the resource at Ngula 1 and finalizing a processing agreement that leverages existing infrastructure to minimize capital output.”
What makes this notable isn’t just the grades themselves, but the context. The samples came from active artisanal sites where local miners are already extracting material. Surface validation like this allows subsequent drilling to target mineralization with greater confidence.
Additional highlights included 35.21 g/t and 12.94 g/t from Ngula 2, plus 22.68 g/t and 5.90 g/t from the under-drilled Mgusu Target. Gold occurs in smoky-grey quartz veins within sheared basalts, consistent with LVG’s geological model for the corridor.
Lake Victoria Gold is finalizing a processing agreement with Nyati Resources to access a 500 tonne-per-day plant on one of LVG’s Tembo licences, located adjacent to Barrick’s Bulyanhulu Mine. A binding agreement is expected by early 2026, potentially creating a near-term production pathway from Tembo ahead of full development at the company’s flagship Imwelo Gold Project.
The Tembo drill program is scheduled to begin in Q1 2026, targeting a 300–400 metre strike at Ngula 1 where historical drilling and recent sampling have shown consistent high grades.
Meanwhile, Imwelo continues to advance. Located about 12 kilometres from AngloGold Ashanti’s Geita Mine, recent drill results from Area C extended mineralization beyond current pit designs, with continuity demonstrated to over 250 metres depth.
Supporting this dual-track approach, Lake Victoria Gold has exposure to potential US$45 million in milestone payments from the company’s 2021 asset sale to Barrick’s Bulyanhulu operation. Funding is further supported by a gold prepay facility with Monetary Metals and a C$11.52 million strategic investment from Taifa Group.
With drilling, processing agreements, and funding advancing concurrently, Lake Victoria Gold is building the platform to move from explorer to producer.
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/
Other industry developments
Patagonia Gold (TSXV: PGDC) (OTCPK: HGLD) advanced construction of its Calcatreu project toward first leaching expected in Q1 2026 following receipt of all permits in Q4 2024. Mining began in August 2025, with first blast completed in September and mineralized material stockpiled. Measured and indicated resources total 9.84 million tonnes at 2.11 g/t gold and 19.8 g/t silver, yielding approximately 669,000 ounces of gold and 6.3 million ounces of silver. The first section of the leach pad is complete and portions of the plant’s carbon-in-column section were nearing completion in January 2026.
G Mining Ventures (TSX: GMIN) (OTCQX: GMINF) received a mining license from the Guyana Geology and Mines Commission for its 100%-owned Oko West project in Region 7, Guyana. The license is valid for 20 years and authorizes development, operation and commercial production, marking the final major permitting milestone. Pre-production open-pit mining is poised to begin in Q1 2026, with assembly of initial mining equipment already underway.
OceanaGold (TSX: OGC) (OTCQX: OCANF) secured permit approval from the Expert Panel in New Zealand for the Waihi North Project, which includes the high-grade Wharekirauponga Underground mine. The approval covers underground development, surface infrastructure, processing and water treatment plant expansion, a new tailings storage facility, and an increase in exploration drill pads and allowed drill rigs to accelerate drilling. The company has approved contractor selections and expects tunnelling to commence in the first half of 2026.
Perpetua Resources (NASDAQ: PPTA) (TSX: PPTA) selected Hatch Ltd as the EPCM contractor for the Stibnite Gold Project. Hatch will make a $4 million equity investment and brings expertise in pressure oxidation technology and metallurgical processing. The appointment is a key milestone ahead of a final investment decision expected in spring 2026; definitive EPCM contract terms were being finalized.
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/
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Disclaimer
Nothing in this publication should be considered 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 is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. (MIQ). This article is being distributed for Baystreet.ca Media Corp, which has been paid a fee for advertising from a shareholder of the Company (333,333 unrestricted shares). MIQ has not been paid a fee for Lake Victoria Gold Ltd. advertising or digital media, but the owner/operators of MIQ also co-own Baystreet.ca Media Corp. There may also be third parties who hold shares of Lake Victoria Gold Ltd. and may liquidate their shares which could negatively affect the stock price. This compensation constitutes a conflict of interest as to our ability to remain objective. Individuals are strongly encouraged not to use this publication as the sole basis for any investment decision. The owner/operators of MIQ/BAY own shares of Lake Victoria Gold Ltd. and reserve the right to buy and sell shares at any time without further notice. 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. 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.
Sources cited
1. https://www.gold.org/goldhub/gold-focus/2026/01/you-asked-we-answered-mined-gold-production-peaking
2. https://www.jpmorgan.com/insights/global-research/commodities/gold-prices
3. https://theexchange.africa/tanzania-best-sectors-invest-2026/
4. https://www.gold.org/goldhub/research/gold-market-commentary-december-2025