Lake Victoria Gold Confirms High-Grade Gold at Tembo Project, Plans Production in 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2025
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Should l Buy CNL?
Source: Newsfilter
- High-Grade Gold Discovery: Lake Victoria Gold has confirmed gold mineralization up to 35.45 g/t at its Tembo Project in Tanzania, validating priority drill targets ahead of a planned Q1 2026 drilling program, which is expected to enhance resource definition potential significantly.
- Strategic Partnership Advancement: Following a Letter of Intent with Nyati Resources, the company is shifting focus towards execution, planning to leverage existing infrastructure for processing, thereby reducing capital expenditures and accelerating the production timeline.
- Dual-Track Development Strategy: Lake Victoria Gold is concurrently advancing its Imwelo Gold Project, with recent drilling results demonstrating mineralization continuity beyond 250 meters, enhancing the project's economic appeal and laying the groundwork for future production.
- Funding Support Assurance: The company has secured financial stability through a gold prepay facility with Monetary Metals and a C$11.52 million strategic investment from Taifa Group, providing robust support for its transition from exploration to production.
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Analyst Views on CNL
Wall Street analysts forecast CNL stock price to fall
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 17.360
Low
14.40
Averages
15.76
High
16.50
Current: 17.360
Low
14.40
Averages
15.76
High
16.50
About CNL
Collective Mining Ltd. is a Canada-based gold, silver, copper, and tungsten exploration company with projects in Caldas, Colombia. The Company is principally engaged in the acquisition, exploration and development of mineral properties located in Colombia. The Company has options to acquire 100% interest in two projects located directly within a mining camp with 10 fully permitted and operating mines. The Company's flagship project, Guayabales, is anchored by the Apollo system, which hosts the largescale, bulk-tonnage, and high-grade gold-silver-copper-tungsten Apollo system. The Guayabales Project is located in the Middle Cauca belt in the Department of Caldas, Colombia. Its San Antonio project is located 4 kilometers (km) east of the Guayabales project, adjacent to the Panamerican highway. The San Antonio project is located approximately 80 km south of Medellin. It is situated in the Middle Cauca belt in the Department of Caldas, Colombia.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Diverse Company Participation: The event will feature notable companies such as Novo Resources Corp. and Atlas Lithium Corp., providing a variety of investment opportunities aimed at enhancing investor understanding and engagement in the industry.
- Cost-Free Attendance: Investors can log in, attend live presentations, or schedule one-on-one meetings with management at no cost, which is likely to increase investor participation and satisfaction levels.
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- High-Grade Mineralization Expansion: The APC150-D1 drill hole revealed two additional high-grade intercepts between 1,200 and 1,400 meters depth, expanding the mineralized envelope to 315 meters in strike, 100 meters in width, and 350 meters vertically, significantly enhancing the area's mineralization potential.
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