Lavras Gold Corp · TSXV:LGC
Lavras Gold — Investor Presentation (July 2024)
47 slides from Lavras Gold's investor presentation, July 2024
Slide 1: Realizing the Potential of a Multi-million-ounce Gold District in Southern Brazil
Realizing the Potential of a Multi-million-ounce Gold District in Southern Brazil Investor Presentation | July 2024 TSX-V: LGC OTC: LGCFF
Slide 2: Please read the fine print
Please read the fine print DISCLAIMER Lavras Gold Corp. has prepared this slide deck for information purposes This slide deck is not a prospectus or part of a prospectus on Lavras Gold. It only. When you accept this slide deck, you agree that it is provided for is not an invitation or offer to under
Slide 3: LDS Property - A potential Tier One Mining Asset
LDS Property - A potential Ultimate goal: Tier One Demonstrate the potential for an economically feasible gold mine at the Mining Asset LDS Project Mara A simple strategy: Rosa Royalty Explore Lavras do Expand the existing 1-million-ounce gold Sul resource LDS Project Discover new gold deposits – 24
Slide 4: Brazil as a Gold Discovery Region: A Long History of Mining
Brazil as a Gold Discovery Region: A Long History of Mining Mining law well established 2nd largest producer of iron ore (Vale) globally Ranks in the top 15 gold mining countries globally & hosts 4.4% of world’s known gold reserves Two gold mines are being built and targeting gold production in seco
Slide 5: TSX-V: LGC – Growth in Value Following Key Discovery
TSX-V: LGC – Growth in Value Following Key Discovery Lavras Gold Corp - Share Price Performance Major discovery at $2.50 Fazenda do Posto positions Lavras for a financing June 2024 - Butiá Private Placement raising $2.00 Drill Results C$13.7 million at $1.35 in late September 2023 $1.50 Result: Soli
Slide 6: Tight Capital Structure with Strong Shareholder Support
Tight Capital Structure with Strong Shareholder Support TSX-V LGC Share price (July 5, 2024) C$2.31 30% Insiders (Board and Eric Sprott 15% management) Shares outstanding 51,353,016 Options outstanding 5,106,500 Market Capitalization C$102 million Cash (@ March 31, 2024) Institutional 22% 5% Kinross
Slide 7: Leadership Team Grounded in the Mineral Resource Sector
Leadership Team Grounded in the Mineral Resource Sector MICHAEL DUROSE ROLLY ULOTH HEMDAT SAWH Director, President, and CEO Chairman Chief Financial Officer Professional Geologist (P.Geo., Ontario); B.Sc. President and co-founder, Rosedale Transport Previously CFO at Amarillo Gold, Wesdome Gold Mine
Slide 8: LDS Project: 4.5 Hours on a Paved Road from Porto Alegre
LDS Project: 4.5 Hours on a Paved Road from Porto Alegre – rolling grazing land Rio de Janeiro Sao Paulo EXCELLENT MOST OF OUR INFRASTRUCTURE: tarmac roads, TEAM lives in or near the power, water, etc. town of Lavras do Sul TSX-V LGC OTC LGCFF 8
Slide 9: LDS is a Unique System: Remnants of an Old Magma Chamber
LDS is a Unique System: Remnants of an Old Magma Chamber Current thinking suggests that LDS is an intrusive hosted alkaline gold-copper system with epithermal and magmatic characteristics First time modern exploration methods have been applied to consolidated land package Following up on encouraging
Slide 10: LDS is a Large, Complex Mineralized System – On Par with World-class Deposits
LDS is a Large, Complex Mineralized System – On Par with World-class Deposits PORGERA OLYMPIC DAM CRIPPLE CREEK LDS GOLD PROJECT 35M gold ounces 114M gold ounces 28.7M gold ounces Building from 1M NI-43-101 gold ounces 3 to 4 kilometres 4 to 5 kilometres 5 to 6 kilometres 11 to 12 kilometres Austral
Slide 11: LDS has Many Gold Deposits - Some Possibly Connected
LDS has Many Gold Deposits - Some Possibly Connected At least 24 known gold occurrences throughout LDS intrusive complex Northeast, northwest, and east-west structures that intersect circular ring features are prime exploration targets Significant gold systems developing along western margin of prop
Slide 12: Multiple Deposits & Discoveries within the Lavras Intrusive Complex
Multiple Deposits & Discoveries within the Lavras Intrusive Complex – Large Mineral System, Complex Geology WEST EAST At least 24 known gold 2 targets on consolidated land package with historical 1 workings that date to the 1700s 2 Mineral rights covering 22,424 hectares 6 Various styles of minerali
Slide 13: Multiple Deposits, Discoveries & Targets = Geological Variability & Mining Flexibility
Multiple Deposits, Discoveries & Targets = Geological Variability & Mining Flexibility Target Stage Resource/Highlight In addition to the 1 million ounces WEST defined at Butiá & Cerrito, the LDS project has a wealth of mineral Butiá Deposit 500,000 ounces of gold, ongoing drilling discoveries Fazen
Slide 14: Butiá is our Most Advanced Gold Deposit to Date
Butiá is our Most Advanced Gold Deposit to Date: Open to Expansion and Adjacent to Fazenda do Posto Discovery GRADE CONTAINED GOLD RESOURCES TONNES (g/t gold) (ounces) Measured 4,643,075 0.88 131,789 Indicated 8,273,748 0.92 244,962 Total 12,916,823 0.91 376,751 Inferred 3,676,002 0.97 114,147 Notes
Slide 15: Butiá is Open to Expansion
Butiá is Open to Expansion Plan View – 2023 and 2024 Butiá Drilling Program Relative to Resource Categories Recent highlights: • 23BT016 - 154.0 metres grading 1.1 g/t gold from surface, including: o 109.00 metres grading 1.4 g/t gold from surface, o 29.0 metres grading 2.9 g/t gold from 25.0 metres
Slide 16: Butiá is Open to Expansion
Butiá is Open to Expansion Long-Section Looking Northeast – 2023 and 2024 Butiá Drillholes Relative to Resource Categories Recent highlights: • 23BT019 - 236.0 metres grading 1.4 g/t gold from surface, including: o 199.00 metres grading 1.6 g/t gold from 37.0 metres, o 75.0 metres grading 2.5 g/t go
Slide 17: Fazenda do Posto & Butiá
Fazenda do Posto & Butiá Plan View Butiá Gold Resource Shell and Fazenda do Posto – 0.25 g/t Au Cut Off Implicit Grade Shell Potential to be developed into one large open pit Both the Butiá deposit & the Fazenda do Posto discovery are open to expansion 10,000 metre drilling program underway TSX-V LG
Slide 18: Fazenda do Posto: Blind Gold Discovery
Fazenda do Posto: Blind Gold Discovery 150 Metres to the West of Butiá Discovery Hole & Scissor Hole Discovery hole 23FP002 drilled 150 metres west of Butiá - 340 m grading Fazenda do Posto 1.1 g/t gold, including 160 m of 1.8 g/t gold & other higher-grade intervals in episyenite Scissor hole 23FP00
Slide 19: Fazenda do Posto: Demonstrating long intervals of continuous mineralization & alteration
Fazenda do Posto: Demonstrating long intervals of continuous mineralization & alteration Drilling to date has defined: 200 metres of lateral extent 400 metres depth …and continues to be open SALMON: ALTERED GRANODIORITE Cross section: Fazenda do Posto looking west. TSX-V LGC OTC LGCFF 19
Slide 20: Fazenda do Posto and Butiá: Very Strong Metasomatic Process
Fazenda do Posto and Butiá : Very Strong Metasomatic Process (Chemical Alteration Process) Unaltered granodiorite - Original fresh granodiorite with micofracture showing incipient metasomatism Moderate to strongly altered granodiorite: Salmon pink metasomatic alteration front altering original grano
Slide 21: Fazenda do Posto: Varied mineralization & grades
Fazenda do Posto: Varied mineralization & grades Altered granodiorite cover rock - may have acted as a barrier or cap masking any surface expression of gold mineralization Episyenite: feldspar grain boundaries are sub-rounded to sub- angular. 1 metre interval grading 1.6 g/t gold in disseminated sul
Slide 22: Fazenda do Posto & Butiá
Fazenda do Posto & Butiá Oblique view facing northeast of Butiá Measured Indicated and Inferred Gold Resource and Fazenda do Posto 0.25 g/t gold grade shell Butiá extends to depths of greater than 300 metres Fazenda do Posto extends to more than 400 metres TSX-V LGC OTC LGCFF 22
Slide 23: Regional Soil Geochemistry Program
Regional Soil Geochemistry Program Successfully defining at least three major kilometre scale anomalies Three regional kilometre scale gold- in-soil anomalies Gold systems along western edge of intrusive as well as to the south and east of the complex TSX-V LGC OTC LGCFF 23
Slide 24: Mara Rosa Royalty: Strategic Asset for Near-term Value Creation
Mara Rosa Royalty: Strategic Asset for Potential for Near-term Value Creation for Lavras Gold Lavras Gold has a 2% NSR royalty on Hochschild’s exploration concessions totaling 65,000 hectares at Mara Rosa Mine in central Brazil Hochschild has committed US$200 million to building the Mara Rosa Gold M
Slide 25: Mara Rosa Royalty: Strategic Asset for Near-term Value Creation
Mara Rosa Royalty: Strategic Asset for Potential for Near-term Value Creation for Lavras Gold TSX-V LGC OTC LGCFF Source: Hochschild Mining Corporate Presentation, BMO Mining Conference, February 2024 25
Slide 26: Fostering Relationships with our Local Stakeholders in Lavras do Sul
Fostering Relationships with our Local Stakeholders in Lavras do Sul ROTA DO OURO: Gold trail with five stations that underscores importance of gold mining to the development of the region. Participants receive a passport that is stamped at each station, as well as seeds for native trees inside a sm
Slide 27: What's Next: Two Drill Rigs Following up on Results
What’s Next: Two Drill Rigs Following up on Results Near term objectives: • define geometry and grade distribution of Fazenda do Posto gold discovery and look for more blind discoveries • test for extensions to mineralized footprint of Butiá • test other priority exploration targets Medium term: de-
Slide 28: Contact us
TSX-V LGC OTCQX LGCFF Follow @LavrasGold on LinkedIn, Twitter, and YouTube Contact us investor@lavrasgold.com +1-289 624 1377 www.lavrasgold.com
Slide 29: Appendix
APPENDIX
Slide 30: EAST: Cerrito Gold Deposit: Resource of 500,000 Ounces
EAST: Cerrito Gold Deposit: Resource of 500,000 Ounces Open at Depth and Along Strike Drilled 15,000 metres over 93 drill holes Strike length of 1,300 metres, vertical distance of 425 metres Gold occurs along sheeted structures within hydrothermally altered monzogranites Typical mineral associations
Slide 31: Vila Marieta Gold Discovery: Potential Southwest Surface Extension of Cerrito
Vila Marieta Gold Discovery: Potential Southwest Surface Extension of Cerrito Average gold grade from surface mineralization in drillhole 23VM001 is 1.3 g/t gold, 85% higher than average gold grade at Cerrito Vila Marieta claim block is immediately south of Cerrito 2 holes totalled 521 metres of dri
Slide 32: Vila Marieta Discovery: Good Grade, Good Width & Long Intervals
Vila Marieta Discovery: Good Grade, Good Width & Long Intervals Highlights of drilling include: Significant surface mineralization of 28 metres at 1.3 gold from surface including • 4 metres at 2.4 g/t gold from 7 metres • 5 metres at 2.5 g/t gold from 16 metres Long interval of 53 metres at 0.7 gold
Slide 33: Zeca Souza Discovery: Visible Gold with Bonanza Grades
Zeca Souza Discovery: Visible Gold with Bonanza Grades, Possibly Connected to Caneleira Visible Gold with Bonanza Grades Discovered in 5 Holes 21 holes totaling 5,291 metres drilled to a vertical distance of ~375 metres Gold discovered in all 21 holes; five returned visible gold with bonanza grades
Slide 34: Zeca Souza Discovery: 5 of 21 Holes Returned Visible Gold
Zeca Souza Discovery: 5 of 21 Holes Returned Visible Gold with Bonanza Grades Highlights of drilling include: Visible gold in holes • 22ZS011 – 15 metres at 5.8 g/t gold • 22ZS014 – 0.8 metres at 43.5 g/t gold from 170.2 metres 22ZS_011 Visible gold in silicified • 23BT004 – 4 metres at 43.6 g/t gol
Slide 35: Galvão Gold Discovery: Potential Southern Extension of Zeca Souza
Galvão Gold Discovery: Potential Southern Extension of Zeca Souza Results demonstrate high grade nature & vertical potential of mineral system at depth Galvao is immediately south of Zeca Souza Gold Discovery and approximately 1.4 kilometres north of Butiá 2 holes totalled 1,073 metres of drilling t
Slide 36: Galvão Discovery: Long Intervals Accentuated by Bonanza Grade Intervals
Galvão Discovery: Long Intervals Accentuated by Higher Bonanza Grade Intervals Highlights of drilling include: Long intervals with bonanza grade subintervals in some cases 10 metres at 4.6 g/t gold from 532 metres (vertical depth of 461 metres) including • 3 metres at 11.7 g/t gold from 532 metres i
Slide 37: Matilde & Matilde Extension: Connected Discoveries?
Matilde & Matilde Extension: Connected Discoveries? Plan map of Matilde and Matilde Extension gold discovery showing location of drill holes relative to magnetic anomaly. TSX-V LGC OTC LGCFF 37
Slide 38: Matilde Discovery: Mineralization Found in 30 of 33 Holes
Matilde Discovery: Mineralization Found in 30 of 33 Holes Drilled to Date Confirmed gold mineralization at Matilde across at least 250 metre strike length and to minimum vertical depth of 483 metres Tested portion of a coincident 3 km long east-west gold in soil anomaly and magnetic low structure Re
Slide 39: Matilde: Continuity Along Strike & at Depth
Matilde: Continuity Along Strike & at Depth High Grade Pockets Associated with Visible Gold Interpreted to be a steeply north dipping structural corridor striking in an east-west direction 20MT001 – 62.5 metres grading 0.6 g/t gold from 189.7 metres including • 12.8 metres grading 0.9 g/t gold from
Slide 40: Matilde Gold Deposit: Visible Gold & Potassic Alteration at Depth
Matilde Gold Deposit: Visible Gold & Potassic Style of Alteration Developing at Depth 20MT001 20MT002 22MT034 Gold typically occurs with pyrite that is Visible gold associated with a quartz Visible gold in milky quartz veinlet cross-cuts found in a matrix of silica and sericite carbonate veinlet and
Slide 41: Matilde Extension: High Grade Gold, Silver & Copper
Matilde Extension: High Grade Gold, Silver & Copper 10.00 metres grading 13.2 g/t gold, 23.0 g/t silver, and 0.22% copper A northeast metal zonation vector from low- temperature iron rich pyrite to higher temperature copper rich chalcopyrite/bornite seems to be developing when moving from Matilde to
Slide 42: Matilde Extension Discovery: Gold Mineralization Found in All 7 Holes
Matilde Extension Discovery: Gold Mineralization Found in All 7 Holes Three of seven holes drilled returned high copper grades that correlate to very high gold & silver grades Matilde Extension is 675 metres northeast of Matilde gold deposit Blind discovery made by drill-testing a coincident gold in
Slide 43: Matilde Extension: Alteration & Mineralization Over 200 Vertical Metres
Matilde Extension: Alteration & Mineralization Over 200 Vertical Metres DEEP SHALLOW Strongly altered rocks Weakly altered rocks 303 metres 296 metres 295 metres 268 metres 176 metres 92 metres vertical vertical vertical vertical vertical vertical 21MT020 22MT038 22MT038 22MT030 22MT029 22MT038 13.2
Slide 44: Mara Rosa Royalty: Strategic Asset with Potential for Near-term Value Creation
Mara Rosa Royalty: Strategic Asset with Potential for Near-term Value Creation Lavras Gold was spun out from Amarillo Gold Corporation when Amarillo was acquired by Hochschild Mining plc in April 2022; spin out included a 2% NSR royalty on Hochschild’s exploration concessions at Mara Rosa in central
Slide 45: Exploration Potential of LDS is Exceptional
Exploration Potential of LDS is Exceptional Geology suggests LDS is an intrusive-hosted Building from NI 43-101 resources of 1 million gold system that may be of alkaline affinity ounces from Butiá and Cerrito gold deposits Mara Rosa Royalty: Tangible value from Pastinho LDS mineralized system is la
Slide 46: Detail for Resource Disclosure For World Class Deposits
Detail for Resource Disclosure For World Class Deposits Porgera Mine GRADE CONTAINED Gold resource estimate is a combination of: RESOURCE TONNES (g/t gold) GOLD (ounces) 21,644,537 of historical gold production from 1990 to 2022 Measured 5,714,286 5.55 1,019,621 (Placer Dome, Barrick Gold) 10,045,29
Slide 47: Detail for Resource Disclosure For World Class Deposits
Detail for Resource Disclosure For World Class Deposits Cripple Creek Mine GRADE CONTAINED Gold resource estimate is a combination of: RESOURCE TONNES (g/t gold) GOLD (ounces) historical gold production estimated from public sources Measured 54,000,000 0.41 712,000 1890 to 2022 (CCV, Victor, Indepen