Lavras Gold Corp · TSXV:LGC
Lavras Gold — Investor Presentation (June 2025)
46 slides from Lavras Gold's investor presentation, June 2025
Slide 1: Realizing the Potential of a Highly Prospective Gold District in Southern Brazil
Realizing the Potential of a Highly Prospective Gold District in Southern Brazil Investor Presentation |June 2025 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: Our goal: A simple strategy
Our goal: Focusing on Demonstrate the potential for an value per share economically feasible gold mine at the LDS Project Mara A simple strategy: Rosa Royalty Explore Lavras do Expand the existing gold resource* Sul LDS Project Discover new gold deposits – 24 targets De-risk On the environmental & p
Slide 4: Growth in Value Following Key Discovery
TSX-V: LGC – Growth in Value Following Key Discovery Lavras Gold Corp - Share Price Performance Major discovery at $3.00 Sept 2024 – Fazenda Fazenda do Posto Drill Results Results positions Lavras for a $2.50 financing June 2024 - Butiá Private Placement $2.00 Drill Results raising C$13.7 million at
Slide 5: Tight Capital Structure with Strong Shareholder Support
Tight Capital Structure with Strong Shareholder Support TSX-V LGC Share price (May 29, 2025) C$2.45 32% Insiders (Board and Shares outstanding 58,393,883 management) Institutional 33% Options outstanding 5,647,250 Deferred Stock Units (DSU) 189,362 Market Capitalization C$143 million 5% Kinross Gold
Slide 6: 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 7: 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 7
Slide 8: The Town of Lavras Do Sul
The Town of Lavras Do Sul Argentina Rio Grande do Sul State Lavras do Sul Brazil Uruguay TSX-V LGC OTC LGCFF 8
Slide 9: LDS is a Unique System: Remnants of a Volcanic Complex
LDS is a Unique System: Remnants of a Volcanic Complex 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 h
Slide 10: LDS has Many Gold Exploration Targets
LDS has Many Gold Exploration Targets Hundreds of old workings defined by old pits, adits, trenches date back to the late 1700s. At least 24 significant gold occurrence defined throughout LDS intrusive complex Three large kilometre- scale gold in soil anomalies defined in the Western, Southern and E
Slide 11: Multiple Deposits & Discoveries within the Lavras Intrusive Complex
Multiple Deposits & Discoveries within the Lavras Intrusive Complex – Large Mineral System, Complex Geology WEST EAST Consolidated land package with historical workings that date to the 1700s Mineral rights covering approximately than 23,000 hectares Various styles of mineralization across the intru
Slide 12: Multiple Deposits, Discoveries & Targets = Geological Variability & Mining Flexibility
Multiple Deposits, Discoveries & Targets = Geological Variability & Mining Flexibility Target Stage Resource/Highlight Formal Mineral Resources defined at WEST Butiá & Cerrito Butiá Deposit Resource*: M&I = 378,000 ozs, Inf = 115,000 ozs of gold, ongoing drilling +35,000 metres drilled by Lavras Gol
Slide 13: Fazenda do Posto & Butiá
Fazenda do Posto & Butiá Summary of Drilling Completed to Date Combined drilling at Butia and Fazenda do Posto totals 53,000 metres in 198 drill holes Butiá holes drilled before 2022 78 holes totaling 20,200 metres Fazenda do Posto Claim Block Butiá Claim Block Butiá holes drilled after 2022 61 hole
Slide 14: Fazenda do Posto & Butiá
Fazenda do Posto & Butiá Plan View Butiá Gold MI&I Resource Shell and Fazenda do Posto – 0.25 g/t Au Cut Off Implicit Grade Shell Combined drilling at Butiá and Fazenda do Posto totals 53,000 metres in 198 drill holes Successfully expanding mineralized footprint at Butiá and increasing mineralized z
Slide 15: Butiá Drilling Improving Mineralized Footprint
Butiá Drilling Improving Mineralized Footprint Long-Section Looking Northeast – 2023 and 2024 Butiá Drillholes Relative to Resource Categories Highlights: 24BT034 - 123.0 metres grading 1.8 g/t gold Core of mineralization - from 69 metres, including: 125 metre strike length to o 21.0 metres grading
Slide 16: Fazenda do Posto: Blind Gold Discovery
Fazenda do Posto: Blind Gold Discovery 150 Metres to the West of Butiá Discovery Hole, Scissor Hole, High-grade at Depth Discovery hole 23FP002 drilled 150 metres west of Butiá - 340m grading 1.1 g/t gold, including 160 m of 1.8 g/t gold & other higher-grade intervals Fazenda do Posto in episyenite
Slide 17: 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 NW Plunging Irregular Pipe-like Structure …and continues to be open SALMON: ALTERED GRANODIORITE Cross section: Fazenda do Posto lookin
Slide 18: Butiá and Fazenda do Posto Drilling Expanding Gold Footprint
Butiá and Fazenda do Posto Drilling Expanding Gold Footprint Oblique-Section Looking Northeast – 2023 to 2025 Butiá and FP Drillholes Relative to 2022 Butia Resource Categories Highlights: • Butiá - defined by 40,600 metres of drilling to date in 157 drill holes • Converting Inferred Resources into
Slide 19: 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 20: Metallurgical Program in progress for Butiá, now starting Fazenda do Posto
Metallurgical Program in progress for Butiá, now starting Fazenda do Posto Highlights: Metallurgical Tests being completed at SGS Labs, Belo Horizonte o 5 samples of 150 kilograms each were composited by taking samples from drill core throughout the Butiá deposit area. o Tests are based on grade dom
Slide 21: Exploration potential along western edge of intrusive complex
Exploration potential along western edge of intrusive complex 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 17,000 m drilled during 2024 program expect similar levels in 2025 Targets are Fazenda do
Slide 22: Olaria – Lavras Gold's Newest Discovery, 3km north of Butiá
Olaria – Lavras Gold’s Newest Discovery, 3km north of Butiá Cross Section View Looking Northeast of Olaria Drillholes (Inset Map is Plan View) Showing Composites Gold Results Discovery December 2024 56.0 metres of continuous gold mineralization grading 1.0 g/t gold from 152.0 metres down the drill c
Slide 23: 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 spent US$205 million to build the Mara Rosa Gold Mine – comme
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 TSX-V LGC OTC LGCFF Source: Hochschild Mining BMO Conference Presentation, February 2025 24
Slide 25: What's Next: Two Active Drill Rigs
What’s Next: Two Active Drill Rigs 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 – Olaria, Caneleira • Metallurgic
Slide 26: TSX-V LGC OTCQX LGCFF
TSX-V LGC OTCQX LGCFF Follow @LavrasGold on LinkedIn, X, YouTube & Instagram Contact us investor@lavrasgold.com +1-289 624 1377 www.lavrasgold.com
Slide 27: APPENDIX
APPENDIX
Slide 28: Butiá & Cerrito Mineral Resource Estimates
Butiá & Cerrito Mineral Resource Estimates Butiá RESOURCE TONNES GRADE CONTAINED GOLD Notes CATEGORY (MM) (g/t gold) (ounces) • Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the mineral resources estimated wi
Slide 29: 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 RESOURCE TONNES GRADE CONTAINED GOLD CATEGORY (MM) (g/t gold) (ounces) Measured 4.6 0.88 132,000 Indicated 8.3 0.92 246,000 Total 12.9 0.91 377,000 Inferred 3.7 0.97 115,000 Notes • Assumes
Slide 30: Cerrito Gold Deposit: Gold Resource Open at Depth and Along Strike
Cerrito Gold Deposit: Gold Resource 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 include quartz-flo
Slide 31: Olaria Gold Discovery: located within the central portion of the Lavras do Sul Intrusive Complex
Olaria Gold Discovery: located within the central portion of the Lavras do Sul Intrusive Complex Historical drill hole LDH-105 (Amarillo) encountered 9 discrete intervals of gold mineralization from 1-12 metres in width grading from 0.4 g/t gold to 4.5 g/t gold. The best intercept was 12.00 m gradin
Slide 32: 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 Cerrito Vila Marieta claim block is immediately south of Cerrito 2 holes totalled 521 metre
Slide 33: 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 34: Zeca Souza Discovery: Visible Gold with Bonanza Grades, Possibly Connected to Caneleira
Zeca Souza Discovery: Visible Gold with Bonanza Grades, Possibly Connected to Caneleira Visible Gold with Bonanza Grades Discovered in 5 Holes Zeca Souza 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 bona
Slide 35: Zeca Souza Discovery: 5 of 21 Holes Returned Visible Gold with Bonanza Grades
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 36: 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 Zeca Souza depth Galvão Galvao is immediately south of Zeca Souza Gold Discovery and approximately 1.4 kilometres north of Butiá 2 holes totalled 1,073 me
Slide 37: Galvão Discovery: Long Intervals Accentuated by Higher 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 38: Matilde & Matilde Extension: Connected Discoveries?
Matilde & Matilde Extension: Connected Discoveries? Matilde Extension Matilde Plan map of Matilde and Matilde Extension gold discovery showing location of drill holes relative to magnetic anomaly. TSX-V LGC OTC LGCFF 39
Slide 39: Matilde Discovery: Mineralization Found in 30 of 33 Holes Drilled to Date
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 40: Matilde: Continuity Along Strike & at Depth High Grade Pockets Associated with Visible Gold
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 41: Matilde Gold Deposit: Visible Gold & Potassic Style of Alteration Developing 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 42: 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 43: 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 Extension Matilde gold deposit Blind discovery made by drill-testing a
Slide 44: 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 45: 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 46: Exploration Potential of LDS is Exceptional
Exploration Potential of LDS is Exceptional Geology suggests LDS is an intrusive-hosted Building from Mineral Resource Ounces at Butiá gold system that may be of alkaline affinity and Cerrito gold deposits Mara Rosa Royalty: Tangible value from Pastinho LDS mineralized system is large and 24 known t