Lavras Gold Corp.

LGC

CA51949L2093

Gold

Market Closed - Toronto S.E. Other stock markets 03:04:35 2024-05-01 pm EDT			5-day change	1st Jan Change
1.4 ^CAD	0.00%		-5.41%	+45.83%

Feb. 29	Lavras Gold Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Feb. 29	Lavras Gold Corp. On Intersections At Fazenda Do Posto Gold Discovery, LDS Project	MT

Lavras Gold advances with significant gold discoveries in Brazil - PDAC 2024

March 18, 2024 at 12:47 pm EDT

(via NewsDirect)

Lavras Gold Corp (TSX-V:LGC, OTCQX:LGCFF) CEO Michael Durose discusses significant advancements in the company's exploration activities with Proactive's Angela Harmantas at PDAC 2024.

Since going public in April 2022, following a spin-out from Amarillo Gold with $10 million in cash, Lavras Gold has launched a robust exploration programme on the LDS project in southern Brazil. This initiative has led to seven new gold discoveries, notably including a significant find at the epicentre of the Fazendo do Posto discovery, which yielded 340 metres at 1.1 grammes per tonne gold adjacent to the existing 500,000-ounce Butiá gold deposit.

This discovery was pivotal in enhancing the company's share price, facilitating a subsequent $13.7 million fundraising in September without substantial dilution.

As of December 31, the company reported $11.1 million in cash reserves and is in the midst of a 25,000-metre drilling programme expected to continue into mid-2025. The immediate focus is on de-risking the Butiá project, aiming to verify its economic viability.

The company is also keen on leveraging the positive gold market trends, attributing the recent high gold prices to global geopolitical and economic tensions, and anticipates a consequent uptick in gold equities.

Contact Details

Proactive North America

Proactive North America

+1 604-688-8158

NA-editorial@proactiveinvestors.com

Latest news about Lavras Gold Corp.

Lavras Gold Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 29	CI
Lavras Gold Corp. On Intersections At Fazenda Do Posto Gold Discovery, LDS Project	Feb. 29	MT
Lavras Gold Corp. Releases Results from Six New Drill Holes Testing the Fazenda Do Posto Gold Discovery, Located At the Western Edge of the LDS Project in Southern Brazil	Feb. 29	CI
Lavras Gold Corp. to Exhibit At the PDAC Conference Core Shack on Sunday March 3 and Monday March 4 at the Metro Toronto Convention Center	Feb. 27	CI
Lavras Gold Ranked In The Top 10 Of The "Venture Exchange 50" Mining Companies	Feb. 21	MT
Lavras Gold Corp. Brief: Said Earlier Tuesday It Intersected 1.1 g/t Gold Over 154 Metres from Surface at Butia Gold Deposit, LDS Project, South Brazil and Provided Exploration Update; Shares Gained 2.75% on Monday	Feb. 06	MT
Lavras Gold Corp. Intersects 1.1 g/t Gold Over 154 Metres from Surface at Butiá Gold Deposit, LDS Project, Southern Brazil & Provides an Exploration Update	Feb. 06	CI
Lavras Gold Highlights Assay Results From Follow-Up Drilling at Fazenda do Posto Discovery on LDS Project in Southern Brazil; Down 21.6%	Nov. 27	MT
Lavras Gold Highlights Assay Results From Follow-Up Drilling at Fazenda do Posto Discovery on LDS Project in Southern Brazil	Nov. 27	MT
Lavras Gold Corp. Reports Follow Up Drilling at the Fazenda Do Posto Discovery on the Company's LDS Project in Southern Brazil	Nov. 27	CI
Lavras Gold Corp. Brief: Says Has qualified to trade on the OTCQX Best Market, Graduating from the OTCQB Venture Market in less than one year, and begins trading on that platform today	Nov. 21	MT
Lavras Gold Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 10	CI
Lavras Gold Offers Exploration Update for LDS Project in Brazil; Down 1.5%	23-10-11	MT
Lavras Gold Provides Exploration Update for LDS Project	23-10-11	CI
Lavras Gold Rises 12% as it Closes a C$13.7-Million Private Placement of Shares	23-09-29	MT
Lavras Gold Corp. announced that it has received CAD 13.697973 million in funding	23-09-28	CI
Lavras Gold Upsizes Private Placement of Shares to C$13.7 Million	23-09-25	MT
Lavras Gold Raising $10.8 Million via Private Placement	23-09-11	MT
Lavras Gold Corp. announced that it expects to receive CAD 10.8 million in funding	23-09-10	CI
Lavras Gold Reports Drill Results From Fazenda do Posto Discovery; Shares Up	23-08-29	MT
Lavras Gold Corp. Drilling At the New Fazenda Do Posto Discovery on the Company's LDS Project in Southern Brazil	23-08-29	CI
Lavras Gold Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-23	CI
Lavras Gold Corp. Announces Two New Gold Discovery, as Well as the Expansion of Zeca Souza	23-08-23	CI
Lavras Gold Corp. Continues with Exploration Success at the Zeca Souza Discovery on its LDS Project in Southern Brazil	23-08-02	CI
Lavras Gold Corp. Elects Jonathan Hill as Director	23-07-18	CI

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Company Profile

Lavras Gold Corp. is a Canada-based junior exploration company. The Company is engaged in the exploration and development of the Lavras do Sul gold project located in the state of Rio Grande do Sul, Brazil. The Lavras do Sul gold project is an advanced exploration stage property that spans approximately 22,000 hectares in size and comprised of 29 mineral rights centered on historic gold workings.

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Gold

Calendar

2024-05-07 - Roadshow - Day 1

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