Welcome to our dedicated page for Lavras Gold news (Ticker: LGCFF), a resource for investors and traders seeking the latest updates and insights on Lavras Gold stock.
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 (OTCQX:LGCFF, TSXV:LGC) announced on October 31, 2025 that Hemdat Sawh has been appointed Interim President & CEO effective immediately following the departure of Michael Durose, who served as President, CEO and director since April 2022. Mr. Sawh will remain Chief Financial Officer while serving as interim CEO.
The Board's Nominating and Governance Committee will search for a permanent president and CEO. Board members Jonathan Hill and Mike Mutchler will serve as Interim Vice President of Exploration and Interim Chief Operating Officer to support a leadership transition focused on moving the LDS Project from advanced exploration toward development, including environmental studies, permitting, in-fill drilling, an updated technical report and a Preliminary Economic Assessment (PEA).
Lavras Gold (OTCQX: LGCFF / TSXV: LGC) is participating in a two-day Mining Industry Technical Forum in Porto Alegre, Rio Grande do Sul, Brazil on October 7–8, 2025. The event, sponsored by Federasul, brings together state and national authorities, industry experts and business leaders to discuss the role of mining in regional and national economic growth.
Key sessions include a Mining Industry Forum on October 7 featuring government and regulatory speakers and a round table on October 8 titled "Gaúcha Mineral Wealth in Building a Sustainable Future". Lavras Gold said participation allows engagement with decision-makers and gives local communities a voice in regional development discussions.
Lavras Gold (OTCQX: LGCFF) is sponsoring the Geophysics Day Celebration in Lavras do Sul, Rio Grande do Sul, Brazil on October 10, 2025. The event honors the town's role as the site of Brazil's first geophysical surveys in 1932 and highlights responsible, sustainable mining as a driver of local economic and social development.
Company executives, including CEO Michael Durose and Country Manager Paulo Serpa, will attend. Lavras Gold will showcase community programs such as Rota do Ouro (education for school children) and Project Viver (agricultural awareness and improvement).
Lavras Gold Corp. (OTCQX: LGCFF) has announced its participation in an upcoming Mi3 Communications investor event in Toronto. President and CEO Michael Durose will present at Hy's Steakhouse on September 23, 2025, from noon to 2pm EST.
The presentation will focus on the company's LDS project in southern Brazil, highlighting recent exploration discoveries, permitting progress, and exploration potential across their 23,000-hectare property. The event is by invitation only through Mi3 Communications.
Lavras Gold Corp. (OTCQX: LGCFF) has announced significant drilling results from its LDS Project in southern Brazil, with notable gold intersections at the Butiá Gold Deposit and Fazenda do Posto Gold Discovery. The highlight includes an intersection of 1.1 g/t gold over 228 metres, including 3.2 g/t gold over 62 metres in hole 25BT062.
Key developments include: confirmation that Butiá and Fazenda do Posto are connected, completion of 17 new drill holes totaling 6,305 metres, and advancement of metallurgical testing at SGS Laboratory. The company has initiated an Environmental and Social Impact Study (EIA) as a crucial step toward potential commercial mining operations.
The project now encompasses over 58,000 metres of drilling across 209 holes, with gold mineralization traced along a northwest-southeast strike for nearly 700 metres, extending from surface to depths exceeding 400 metres.
Lavras Gold Corp. (LGCFF) has announced the issuance of equity-based compensation to its key personnel. The company granted 714,000 incentive stock options at an exercise price of $2.35 per share to officers, directors, consultants, and employees. These options will vest over three years and expire on May 15, 2030. Additionally, 189,362 deferred share units (DSUs) were issued to officers and directors, vesting after one year. The DSUs can be redeemed for either company shares or cash equivalent upon the holder's departure from their position.
Lavras Gold Corp. (LGCFF) has announced significant drilling results from its Fazenda do Posto Gold Target at the LDS Project in southern Brazil. The company completed 12 new drill holes totaling 4,007 metres, with gold mineralization found in 11 of them.
Key highlights include Hole 24BT043 which intersected 251.0 metres grading 1.2 g/t gold, including 100.0 metres grading 2.2 g/t gold and several high-grade subintervals. Hole 24FP032 returned 139.0 metres grading 1.0 g/t gold with multiple higher-grade sections.
The Fazenda Gold Discovery is located adjacent to the Butiá gold deposit, which currently hosts 377,000 ounces of gold in Measured and Indicated categories and 115,000 ounces in the Inferred category. The company has engaged SGS Laboratory for metallurgical testing of Fazenda do Posto mineralization, advancing towards its goal of defining an economically feasible gold resource.
Lavras Gold Corp (TSXV: LGC) (OTCQX: LGCFF) has released results from 18 new drill holes at the Butiá Gold Deposit in southern Brazil. Key highlights include hole 24BT034 intersecting 1.8 g/t gold over 123.0 metres, including 4.1 g/t gold over 21 meters, and hole 24BT036 returning 1.0 g/t gold over 191.0 metres, including a high-grade interval of 37.2 g/t gold.
The Butiá deposit currently hosts 377,000 ounces of gold in Measured and Indicated categories and 115,000 ounces in Inferred category. The drilling program aims to increase resource confidence and potentially expand the gold endowment. The company has engaged SGS Laboratory for metallurgical testing as part of its strategy to define an economically feasible gold resource.