| Announcement Date: | 2022-09-07 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Lavras Gold Corp. |
| Project name: | Lavras do Sul |
| Location: | Brazil |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 15m @ 5.78g/t Au from 103m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | TORONTO, ONTARIO – September 7, 2022 – Lavras Gold Corp. (TSXV: LGC) has made an important new gold discovery at its LDS Project in southern Brazil. Assay results have been received from inaugural drilling at Zeca Souza, where all 14 drillholes encountered at least one but more typically multiple intercepts of gold generally starting at or near surface. Several holes bottomed in gold mineralization and require follow-up work. Zeca Souza is one of 23 known gold targets at the LDS Project and is located 2.1 kilometres north of the Butiá Deposit (see Figure 1). Butiá hosts an NI 43-101 compliant near-surface gold resource of about 500,000 ounces, as detailed in the NI 43-101 Technical Report Mineral Resource for Butiá Gold Prospect dated and effective January 25, 2022. The report was prepared by VMG Consultoria e Soluções Ltda. for Lavras Gold Corp. and is available on www.sedar.com under Lavras Gold’s issuer profile. |
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