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 Corp. (LGCFF) reported its 2022 results, achieving all set goals, including a share consolidation and doubling gold resources. The company plans to complete a 16,000-metre drilling program in 2023, having already drilled 7,000 metres with promising results. Three new gold discoveries were made at the Matilde, Matilde Extension, and Zeca Souza targets, with significant gold grades reported, including 13.21 g/t gold over 10 metres at Matilde Extension. Lavras Gold seeks to strengthen investor relations and increase liquidity by listing on OTCQB. The company continues to foster local stakeholder relationships while advancing exploration plans.
Lavras Gold Corp. (TSXV: LGC, OTCQB: LGCFF) launched an educational cultural program, Gold Trail, in Lavras do Sul, Brazil, highlighting the significance of gold mining in the community's development. The initiative features a route with five stations showcasing gold mining history, aimed primarily at Grade 4 students. The program encourages hands-on learning, with students receiving a passport stamped at each station. The inaugural tour included 24 community representatives, emphasizing local engagement. CEO Michael Durose is set to discuss the project at the Mines and Money Miami panel on February 24, 2023.