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. (LGCFF) generates frequent technical and corporate news as it advances the Lavras do Sul (LDS) gold exploration project in southern Brazil. Company releases focus on exploration drilling at the Butiá Gold Deposit and the adjoining Fazenda do Posto Gold Discovery, together referred to as the Fazenda/Butiá Project on the western edge of the LDS Project.
Recent news items highlight broad intervals of gold mineralization from diamond drilling, including long continuous zones with higher-grade subintervals that support the company’s interpretation of an intrusive-hosted, possibly alkaline-related gold system. Updates often detail specific drill holes, intervals and grades, along with discussion of geological controls, alteration patterns and geometallurgical domains being defined across the district.
Beyond drill results, Lavras Gold’s news flow covers progress on environmental and social impact studies, metallurgical test work on composite samples from Butiá and Fazenda, and steps toward permitting such as Environmental Impact Assessments and preparation for license applications. Corporate updates address exploration strategy across the approximately 23,000-hectare LDS land package, leadership changes, incentive grants, and outcomes of shareholder meetings.
Investors following LGCFF news can also read about Lavras Gold’s participation in regional mining forums and community events in Rio Grande do Sul, reflecting its engagement with local stakeholders around Lavras do Sul. This news page brings together these exploration, technical, corporate and community developments in one place, allowing readers to review the company’s ongoing work at its district-scale gold project over time.
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.
Lavras Gold Corp (TSXV: LGC) (OTCQX: LGCFF) has announced its participation in the upcoming Prospectors and Developers conference. The company will deliver two presentations: a corporate presentation on March 4, 2025, at 2:31 PM in the Investment Hub theatre, and a technical presentation on March 5 at 11:15 AM in Room 717.
Senior management, including CEO Michael Durose, CFO Hemdat Sawh, and VP Investor Relations Naomi Nemeth, will be present at the Investors Exchange Booth #2831 from March 2-5. Visitors can view core samples from the Fazenda do Posto discovery and Butiá deposit, representing two of the ten gold targets drilled at the LDS Project near Lavras do Sul in Rio Grande do Sul, southern Brazil.
Lavras Gold Corp (TSXV: LGC) (OTCQX: LGCFF) has been recognized among the top 50 performers on the TSX Venture Exchange for the second consecutive year in 2025. This prestigious ranking, known as the TSX Venture 50, evaluates over 1,700 listed companies based on three equally weighted criteria: share price appreciation, market capitalization growth, and trading value.
The ranking features top 10 companies from five sectors: Clean Technology and Life Sciences, Diversified Industries, Energy, Mining, and Technology. To qualify, companies must meet specific criteria including: listing on TSXV by December 31, 2024, maintaining a market capitalization above C$5 million, having a closing share price exceeding C$0.25, and being listed for more than one year.
CEO Michael Durose expressed gratitude to the company's Brazilian team, management, board of directors, and shareholders for this achievement in the mining sector.
Lavras Gold Corp (TSXV: LGC) (OTCQX: LGCFF) announced its participation in the AMEBC Round Up Conference in Vancouver from January 20-23, 2025. The company will showcase drill core from its Brazil LDS Project at the Core Shack exhibit, featuring rock samples from the Lavras do Sul Intrusive Complex, including core from Fazenda do Posto, Butiá, and Olaria locations.
President & CEO Michael Durose will deliver a technical presentation titled 'Gold Exploration Potential of the Lavras Do Sul Intrusive Complex - Focusing to Encourage Success' in the Precious Metals Session on January 22, 2025, at 10:05am PT. Senior Field Geologist João Moller will also be present at the Core Shack exhibit at Booth #825 on January 22-23.
Lavras Gold Corp has announced significant drilling results from its Olaria Gold Target at the LDS Project in southern Brazil. The highlight includes an intersection of 56 metres grading 1.0 g/t gold in hole 24CNO-002, including higher-grade sub-intervals up to 9.2 g/t gold. The Olaria target is located 3 kilometers northeast of the Butiá Gold Deposit and remains open to the northeast, southwest, and at depth.
The drilling program tested both downdip potential of historical drilling and a reinterpreted northeast-southwest trending structure. The mineralization is characterized by cataclastic-style gold within the Lavras do Sol Intrusive Complex, different from the metasomatic style found at Butiá and Fazenda do Posto.
Lavras Gold Corp (TSXV: LGC) (OTCQX: LGCFF) has filed a final short form base shelf prospectus with securities commissions across Canada, excluding Quebec. The prospectus enables the company to offer up to C$50 million of common shares over a 25-month period. The offering terms, including prices and amounts, will be determined based on market conditions and specified in future prospectus supplements. The shares will be offered in accordance with National Instrument 44-102 - Shelf Distributions.
Lavras Gold Corp. (TSXV: LGC) (OTCQX: LGCFF) has filed amended technical reports for its Butiá and Cerrito Projects following a review by the Ontario Securities Commission. The amendments include enhanced disclosure of cut-off grade assumptions, mineral resource constraints within conceptual pit shells, and proper rounding of estimates. No changes were made to the size or scope of either resource estimate. The company has also revised its website and corporate presentations to comply with NI 43-101 standards, removing phrases like 'NI 43-101 compliant' and 'potential world-class.' The updated technical reports are available on SEDAR+ and the company's website.
Rostislav Raykov, a director of Lavras Gold Corp. (LGCFF), has filed an early warning report regarding the acquisition of 245,600 common shares in the company. The transaction took place on October 16, 2024 through the TSX Venture Exchange. Prior to this acquisition, Raykov held 5,105,430 common shares and options to purchase 270,000 more, representing about 9.94% of outstanding shares (10.42% on a partially diluted basis). After the acquisition, Raykov's holdings increased to 5,351,030 common shares plus the same options, now representing approximately 10.42% of outstanding shares (10.89% on a partially diluted basis).
The acquisition was made for investment purposes, and Raykov may adjust his holdings in the future based on market conditions and other factors. The full report is available on SEDAR+ or by request from Raykov directly.
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