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Lavras Gold Corp. Intersects 1.0 g/t Gold over 371 Metres at Butiá Gold Deposit, LDS Project, Southern Brazil & Provides an Exploration Update
Drilling intersection includes 3.4 g/t gold over 50 metres, including 78.1 g/t gold over 1 metre ...
About this update from Lavras Gold Corp
[{"type":"text","content":"Lavras Gold Corp. Intersects 1.0 g/t Gold over 371 Metres at Butiá Gold Deposit, LDS Project, Southern Brazil & Provides an Exploration UpdateDrilling intersection includes 3.4 g/t gold over 50 metres, including 78.1 g/t gold over 1 metreToronto, Ontario--(Newsfile Corp. - June 18, 2025) - Lavras Gold Corp. (TSXV: LGC) (OTCQX: LGCFF) (\"Lavras Gold\" or the \"Company\") is pleased to release the results from seven new drill holes totaling 1,825 metres, testing the Butiá Gold Deposit (\"Butiá\" or \"Butiá Gold Deposit\"), located at the western edge of the LDS Project in southern Brazil. Gold mineralization was intersected in all seven holes reported in this news release at Butiá, which hosts a Mineral Resource Estimate of 377,000 ounces of gold in the Measured and Indicated categories and 115,000 ounces of gold in the Inferred category. Several of these new holes returned long intervals of continuous gold mineralization characterized by higher-grade subintervals with striking similarities to previously disclosed results. These holes were designed to increase the confidence in the Butiá gold resource (converting the Inferred Resource into the Measured & Indicated categories) and to potentially increase the gold endowment and footprint of known mineralization of the Butiá Gold Deposit. Lavras Gold recently renewed a 25,000-metre drilling contract, seamlessly continuing the ongoing drilling program. The Butiá metallurgical test program continues to advance using the SGS Laboratory in Belo Horizonte, Brazil. Also, three 150-kilogram composite samples from the Fazenda do Posto gold target have been sent to the lab for investigation following up on a comprehensive metallurgical test program for Butiá mineralization. These new drill results and initiatives continue to move Lavras Gold toward its short-term corporate goal of defining an economically feasible gold resource on the LDS Project, focused on the Butiá Gold Deposit and the adjacent Fazenda do Posto gold target. HIGHLIGHTSDrillingHole 25BT047 returned: 371.0 metres grading 1.0 g/t gold from surface, and including:23.0 metres grading 1.3 g/t gold from 92.0 metres,19.0 metres grading 2.0 g/t gold from 222.0 metres, and including1.0 metres grading 25.8 g/t gold from 222.0 metres.50.0 metres grading 3.4 g/t gold from 317.0 metre...