Lavras Gold Corp · TSXV:LGC
Lavras Gold — Investor Presentation (November 2022)
29 slides from Lavras Gold's investor presentation, November 2022
Slide 1: Exploring to Realize Potential of a Multi-Million Ounce Gold District
TSX-V LGC EXPLORING TO REALIZE POTENTIAL OF A MULTI-MILLION OUNCE GOLD DISTRICT IN SOUTHERN BRAZIL Investor Presentation | November 2022
Slide 2: Disclaimer
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 only. When you accept this slide deck, you agree that it is provided for Gold. It is not an invitation or offer to underwrite,
Slide 3: A Fresh Take on a Historic Gold Mining Centre in Southern Brazil
A FRESH TAKE ON A HISTORIC GOLD MINING CENTRE IN SOUTHERN BRAZIL Large consolidated land package with a pipeline of 23 known gold targets at different stages of exploration near excellent infrastructure MARA ROSA: POTENTIAL NEAR TERM Well-funded to VALUE CREATION FROM ROYALTY ON meet short-term GROU
Slide 4: 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); MSc in President and co-founder, Rosedale Transport Previously CFO at Amarillo Gold, Wesdome Gold Min
Slide 5: Tight Capital Structure with Strong Shareholder Support
TIGHT CAPITAL STRUCTURE WITH STRONG SHAREHOLDER SUPPORT TSX-V LGC Strong support from major shareholders Eric Sprott and EMA run by director Lawrence Lepard. Other institutional shareholders include 683 Share price (November 7, 2022) C$0.41 Capital, Myrmikan, Ruffer, Solas, and Sun Valley Gold. Shar
Slide 6: Compelling Valuation Means Low Cost Entry Point for Exploration and Royalty Portfolio
TSX-V LGC La 125 150 75 100 25 50 200 0 vr 175 Ko as G re o 1 M ld Ch in in es g 3 ap AT In te F al e ak AC 5 rn c e at o R G io es o 5 na ou ld lT rc o e 7 Lu we s m rH M in i 8 on a G ll ta ol g d 8 Tr e G oi lu old 8 Re s G N ig viv a old 8 ht ha l G o w ld 9 k Tu G do old Al F r m ir st Gol ad M
Slide 7: Low Discovery Cost Based on $14 Million of Historical Exploration Spending
LOW DISCOVERY COST based on $14 million of historical exploration spending Discovery cost per ounce (US$) 425 406 400 375 350 325 300 275 250 225 200 175 150 132 125 100 81 87 75 52 60 50 30 31 38 25 11 0 ld li a ld da A ica e a ia a ric op in Go US or As ra na er Ch Af ur W st as E Am Ca tE Au /S +
Slide 8: Mara Rosa Royalty: Potential for Near-Term Value Creation
MARA ROSA ROYALTY: POTENTIAL FOR NEAR-TERM VALUE CREATION 2% NSR royalty on Hochschild’s exploration concessions at Mara Rosa (excluding Posse Gold Deposit) in central Brazil Hochschild has committed US$200 million to building Posse Gold Mine, which is expected to start producing gold in the first h
Slide 9: LDS Project: Large, Consolidated, and Highly Prospective
LDS PROJECT: LARGE, CONSOLIDATED, AND HIGHLY PROSPECTIVE 22,000 HECTARES 4.5 hours on paved road from Porto Alegre HISTORICAL EXCELLENT WORKINGS that INFRASTRUCTURE: date to the 1700s tarmac roads, power, water, etc. TSX-V LGC 9
Slide 10: Thesis Is That LDS Is an Intrusive Hosted Alkaline Gold System
THESIS IS THAT LDS IS AN INTRUSIVE HOSTED ALKALINE GOLD SYSTEM WITH EPITHERMAL AND PORPHYRY CHARACTERISTICS CHARACTERISTICS OF ALKALINE LDS PROJECT GOLD COPPER SYSTEM Oxidized, s-poor, volatile-rich melts High gold to silver ratios Tellurides common Intense High-T K-metasomatism overprinted by Lower
Slide 11: Alkaline Gold Copper Systems Can Be Large and High Grade
ALKALINE GOLD COPPER SYSTEMS CAN BE LARGE AND HIGH GRADE GOLDEN SUNLIGHT PORGERA CRIPPLE CREEK At 10 TO 11 KILOMETRES, LDS is 3.4M ounces gold 26.3M ounces gold 25.6M ounces gold ON PAR or BIGGER than other 5 to 6 kilometres alkaline gold systems 2 to 4 kilometres 3 to 4 kilometres Papua New Guinea
Slide 12: 23 Gold Showings Distributed Throughout Lavras do Sul Intrusive Complex
23 GOLD SHOWINGS DISTRIBUTED THROUGHOUT 10 KILOMETRE LAVRAS DO SUL INTRUSIVE COMPLEX RADIOMETRICS HIGHLIGHTS AREAS OF POTASSUIM ANOMALISM Northeast, northwest, and east-west structures that intersect circular ring features are prime exploration targets. Figure 1 (left) shows central core of granodio
Slide 13: Exploration Program Designed to Realize Potential of Unique System at LDS
EXPLORATION PROGRAM DESIGNED TO REALIZE POTENTIAL OF UNIQUE SYSTEM AT LDS Building from mineral endowment of 1 MILLION GOLD OUNCES from two most advanced targets: BUTIÁ CERRITO NI 43-101 resource NI 43-101 resource of approximately of approximately 500,000 ounces 500,000 ounces Consolidated land pac
Slide 14: Butiá Deposit: Gold Resource of 500,000 Ounces
BUTIÁ DEPOSIT: GOLD RESOURCE OF 500,000 OUNCES THAT’S OPEN AT DEPTH AND ALONG STRIKE Completed approximately 20,000 metres of drilling over 78 drill holes Mineralization begins at surface and is confirmed to a vertical distance of 250 metres, where it remains open Gold occurs along structures within
Slide 15: Cerrito Deposit: Gold Resource of 500,000 Ounces
CERRITO DEPOSIT: GOLD RESOURCE OF 500,000 OUNCES THAT’S 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 association
Slide 16: Zeca Souza Is a New Discovery Shaping Up to Be Next Gold Deposit
ZECA SOUZA IS A NEW DISCOVERY THAT’S SHAPING UP TO BE NEXT GOLD DEPOSIT AT LDS NEW GOLD SYSTEM is being defined about 2.1 kilometres Initial drill results support THESIS that there are north of Butiá MANY, POSSIBLY CONNECTED, GOLD DEPOSITS AT LDS Approximately 2,770 metres of drilling over 14 drill
Slide 17: Zeca Souza: Bonanza Near Surface Gold Grades
ZECA SOUZA: BONANZA NEAR SURFACE GOLD GRADES OPEN along strike and at depth Testing for PARALLEL GOLD STRUCTURES ALONG EAST- WEST STRIKE LENGTH and INVESTIGATING RELATIONSHIP TO CANELEIRA, 1 kilometre to southeast Tested an area centered on historical workings and a gold in soil anomaly measuring 37
Slide 18: Zeca Souza: Visible Gold, High Grade, Good Width, and Long Intervals
ZECA SOUZA: VISIBLE GOLD, HIGH GRADE, GOOD WIDTH, AND LONG INTERVALS Highlights of drilling include: Visible gold in holes • 22ZS_011 – 15 metres at 5.8 g/t gold Visible gold in silicified veinlets cross-cutting • 22ZS_014 – 0.76 metres at 43.5 g/t gold from 170.24 metres perthitic granite grading H
Slide 19: Zeca Souza: Five Holes Bottomed in Mineralization
ZECA SOUZA: FIVE HOLES BOTTOMED IN MINERALIZATION, GOLD ASSOCIATED WITH VEINLETS Visible gold in silicified veinlets cross-cutting perthitic granite 22ZS_014 Visible gold in silicified veinlets cross- Long section of Zeca Souza drillholes and assay results looking north. cutting perthitic granite in
Slide 20: Zeca Souza Appears to Have Complex Series of Intersecting Structures
ZECA SOUZA APPEARS TO HAVE COMPLEX SERIES OF INTERSECTING STRUCTURES Drillholes tested interpreted north dipping structure between magnetic high signatures (hot colours) and magnetic low signatures (cool colours) Intersecting structures include east- west, northeast-southwest, and northwest TSX-V LG
Slide 21: Caneleira Drilling to Test Strike Extension for Possible Connection to Zeca Souza
CANELEIRA DRILLING TO TEST STRIKE EXTENSION FOR POSSIBLE CONNECTION TO ZECA SOUZA Need to investigate RELATIONSHIP to CANELEIRA, 1 kilometre to the west, and GALVOA, 820 metres to the south Caneleira gold occurrence is 1 kilometre southeast of Zeca Souza 12 holes from 2007-2008 totalled 2,300 metres
Slide 22: Matilde Discovery: Another Gold Deposit at LDS
MATILDE DISCOVERY: ANOTHER GOLD DEPOSIT AT LDS Confirmed primary GOLD MINERALIZATION across 250 METRE STRIKE LENGTH and to MINIMUM VERTICAL DEPTH OF 483 METRES Testing a portion of a coincident 3 kilometre long east-west gold in soil anomaly and magnetic low structure Completed approximately 10,583
Slide 23: Matilde: Continuity Along Strike and at Depth
MATILDE: CONTINUITY ALONG STRIKE AND AT DEPTH HIGH GRADE POCKETS ASSOCIATED WITH VISIBLE GOLD Interpreted to be a steeply north dipping structural corridor striking in an east-west direction 20MT-001 – 62.53 metres grading 0.62 g/t gold from 189.70 metres including • 12.77 metres grading 0.89 g/t go
Slide 24: Matilde Exploration Delivers Long Continuous Gold Intercepts in Drill Core
MATILDE EXPLORATION DELIVERS LONG CONTINUOUS GOLD INTERCEPTS IN DRILL CORE Gold in soil anomaly occurs along a 3 kilometre long east-west structural corridor within hydrothermally altered monzogranites and granodiorites Primary minerals like sericite, quartz, pyrite, and hematite suggest Gold typica
Slide 25: Matilde Delivers Visible Gold in Drill Core
MATILDE DELIVERS VISIBLE GOLD IN DRILL CORE Visible gold was observed in drill hole 20_MT-002, which returned 0.6 metres at 30.9 g/t gold from 261 metres and ended in an interpreted lamprophyre dyke 20MT_002 returned 144.60 metres grading 0.69 g/t gold including Visible gold in quartz carbonate vein
Slide 26: Evidence of Potassic Style of Alteration Developing at Depth in Hole 22MT-034
EVIDENCE OF POTASSIC STYLE OF ALTERATION DEVELOPING AT DEPTH IN HOLE 22MT-034 Higher gold and copper grades typically exist in potassic zones of porphyry systems 22MT-034 was drilled to 557 metres (approximately 483 metres Visible gold in milky quartz vertical distance) and bottomed in gold minerali
Slide 27: Petrographic Work Confirms Gold from Matilde Has Magmatic Hydrothermal Origin
PETROGRAPHIC WORK CONFIRMS GOLD FROM MATILDE HAS MAGMATIC HYDROTHERMAL ORIGIN “Matilde is a highly altered intrusive rock with primary textures dominantly replaced by hydrothermal alteration. The rock has undergone multiple hydrothermal events dominated by poikilitic growth of hydrothermal quartz an
Slide 28: Exploration Potential of Lavras do Sul Is Extremely Significant
EXPLORATION POTENTIAL OF LAVRAS DO SUL IS EXTREMELY SIGNIFICANT Exploration suggests LDS is an Starting with gold resources of intrusive-hosted gold system that may 1 million ounces from 2 known mineral Mara Rosa be of alkaline affinity occurrences royalty Alkaline gold copper systems can be 23 know
Slide 29: Follow Us @LavrasGold
TSX-V LGC Follow us @LavrasGold on LinkedIn, Twitter, and YouTube Contact us investor@lavrasgold.com +1-416-844-6284 www.lavrasgold.com