Lavras Gold Corp. explores and develops gold assets at the Lavras do Sul Project in Rio Grande do Sul, Brazil. Company updates center on district-scale work across its 23,000-hectare LDS Project, including drilling and assay results at the Butiá Gold Deposit, Fazenda do Posto Gold Discovery, Caneleira target, and other prospects within the Lavras do Sul alkaline intrusive complex.
Recurring developments also include engineering studies, mine planning, process plant and infrastructure work, permitting activities for Butiá-Fazenda do Posto, technical reviews of geological models, and corporate actions such as equity incentive awards and leadership or governance changes.
Lavras Gold (LGCFF) identified an approximately 10km gold-in-soil corridor at Lavras do Sul in Brazil and introduced the Cerrito North exploration target. The corridor links Fazenda-Butia, Caneleira and Cerrito North along a mapped intrusive contact, with geophysics supporting the geological interpretation.
The company now uses overlapping geochemical signatures to rank targets. At Matilde, the soil anomaly extends beyond the approximately 500m by 400m drilled footprint. Cerrito North requires dataset recalibration before its anomaly is fully validated; no assay results have been received there. The soil database supports target generation, not resource estimation. An approximately 25,000m diamond drilling programme is in progress at Caneleira. Infill soil sampling is planned over priority overlap corridors, and the framework will guide sequencing of targets for drill testing through 2027.
Lavras Gold (LGCFF) has approved an accelerated 25,000 m diamond drill program on the consolidated Caneleira Target, two kilometres from the Fazenda-Butia development project in Brazil, with drilling to start immediately.
The program focuses on expanding the mineralized footprint, defining additional mineral resources, and converting shallow, potentially open-pit material into Measured and Indicated categories, prioritizing higher-grade, near-surface zones. Recent holes include 26CN044 with 24.30 g/t Au over 9 m from 87 m, and 26CN051 with 9.31 g/t Au over 4 m from 10 m. The company has completed Environmental Impact Assessment field studies, the most time-intensive part of permitting, and aims to submit a Preliminary Environmental License application by December 2026, covering Fazenda-Butia and Caneleira.
Lavras Gold (OTCQX:LGCFF) reported final 2026 drill results from the Caneleira Mining Concession at the Lavras do Sul Project in southern Brazil. Key intercepts include 24.30 g/t gold over 9 m from 87 m (hole 26CN044) and 9.31 g/t gold over 4 m from 10 m (hole 26CN051), demonstrating high-grade mineralization, including near surface. At Caneleira East, hole 26CNO022 cut 2.51 g/t gold over 22 m from 78 m, with multiple holes between ~49–100 m downhole confirming up-dip mineralization relative to the 2024 discovery. According to Lavras Gold, these results support near-surface continuity of the northwest–southeast vein system and advance both targets toward future resource-definition work.
Lavras Gold (OTC: LGCFF) director Rostislav Raykov filed an early warning report after acquiring 200,000 common shares of the company through the TSX Venture Exchange. This raised his holdings from 7,548,030 to 7,748,030 common shares, plus 355,000 stock options and 125,000 restricted share units.
Following the acquisition, Raykov owns approximately 12.45% of Lavras Gold’s issued and outstanding common shares on an undiluted basis and 13.12% on a partially diluted basis, up from 12.13% and 12.80%, respectively. The securities are held for investment purposes, and his holdings may change depending on market and company conditions.
Lavras Gold (OTCQX:LGCFF) reported that all items of business were approved at its June 10, 2026 annual general and special meeting.
The company also appointed President and CEO Federico G. Velásquez to its board of directors, adding his 20+ years of international metals and mining experience.
Lavras Gold (OTCQX:LGCFF) appointed Federico G. Velásquez as President and CEO, effective immediately, succeeding Interim CEO Hemdat Sawh, who returns to his CFO role.
Velásquez brings 20+ years of global mining experience, strong Latin American permitting background, and received 600,000 stock options at C$2.20, vesting over three years.
Lavras Gold (OTCQX:LGCFF) reported new high-grade drill results from the Caneleira target at the Lavras do Sul Project in Brazil. Key intercepts include 33.72 g/t Au over 7m in hole 26CN019 and 2.53 g/t Au over 9m in 26CN026.
The drilling confirms at least three NW-SE trending mineralized vein structures and supports a 2,000m infill program aimed at confirming near-surface continuity and advancing an initial resource that could supply early plant feed to the nearby Butiá-Fazenda development.
Lavras Gold (TSXV:LGC, OTCQX:LGCFF) completed a specialist exploration workshop at its Lavras do Sul Project in Brazil. The review integrated 20+ years of data, refined the geological model, and confirmed 2026 exploration priorities.
Work focused on bulk-tonnage gold systems with localized high-grade veins and highlighted priority targets at Cerrito, Matilde, Butia/Fazenda do Posto, and Caneleira.
Lavras Gold (OTCQX: LGCFF) will host an expert exploration workshop at its Lavras do Sul (LDS) Project in Brazil from April 20–24, 2026. The team will review >95,000 metres of drilling across the 23,000‑ha property to refine geological models and prioritize 2026 drill targets.
Lavras Gold (OTCQX:LGCFF, TSXV:LGC) granted incentive stock options for 470,000 common shares at $2.01 per share, vesting over three years and expiring April 8, 2031. The company also issued 14,521 deferred share units (DSUs) to an officer that vest one year from issue.
Each DSU converts to one common share or, in certain circumstances, a cash payment equal to one share when the holder ceases to be an officer. All grants were made under the company omnibus incentive plan.