Lavras Gold Corp · TSXV:LGC
Lavras Gold — Investor Presentation (March 2026)
51 slides from Lavras Gold's investor presentation, March 2026
Slide 1: Building Brazil’s Next Multi-Deposit Gold District
Building Brazil’s Next Multi-Deposit Gold District TSX-V: LGC | OTC: LGCFF Investor Presentation | March 2026
Slide 2: Cautionary Statements & Disclaimers
Cautionary Statements & Disclaimers 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. only. When you accept this slide deck, you agree that it is provided for It is not an invitation or offer
Slide 3: About Lavras Gold
About Lavras Gold Clear Pathway to Resource Growth in Southern Brazil District-Scale Intrusive Gold System Two Deposits w/ Expansion Potential De-Risking Path to Production • Multiple deposits and discoveries • Butiá: M&I = 377 koz; Inf 115 koz • Engineering, scoping, resource with 24 targets 125,
Slide 4: Evolution of a District-Scale Gold System
Evolution of a District-Scale Gold System Leveraging Historic Workings to Build a Modern, Multi-Deposit District 2006 - 2022 Accelerating Discovery Across Amarillo Gold Executing Largest Multi-Target Multiple Intrusive Centres Consolidates the District Drill Program to Date • Announces Fazenda do Po
Slide 5: Our Portfolio
Our Portfolio Large Gold System with Multi-Million-Ounce Potential Butiá / Fazenda do District-Scale Cerrito Opportunity Mara Rosa Royalty Posto (FdP) (24 Targets) High-confidence growth nucleus Advancing shallow deposit with Rare, densely mineralized Non-dilutive exposure to a with emerging near-su
Slide 6: Leadership Team
Leadership Team Technical, Operational, and Regional Expertise MANAGEMENT BOARD OF DIRECTORS HEMDAT SAWH MICHAEL MUTCHLER ROWLAND (ROLLY) ULOTH Interim CEO and CFO (0.6%) Interim COO, Director Chairman (4%) Previously CFO at Amarillo Gold, Wesdome Long history of project management & President and C
Slide 7: Diversified Strong Insider Support
Diversified Strong Insider Support TSX-V LGC Share price (Mar 10, 2026) C$3.00 Average Volume (30 Day) 87.2K Shares outstanding 62,202,883 Stock Options outstanding 3,150,000 Deferred Share Units (DSU) 144,681 Market Capitalization (Mar 10, 2026) C$186 M Cash (Dec 31, 2025)* C$4.2 M Insiders (Board
Slide 8: Project Derisking Supports Higher Valuation
Project Derisking Supports Higher Valuation Market Cap (C$M) $2,518 $1,721 $1,376 $940 $882 $524 $250 $187 $182 $74 $24 Collective G2 Omai Meridian Goldquest Founders Cabral Tesoro Lavras Royal Road Fredonia P / Consensus NAV (x) 1.16x 1.14x 1.11x 0.45x 0.44x 0.43x Median: 0.44x 0.36x 0.24x 0.13x n/
Slide 9: Exploration
EXPLORATION TSX-V: LGC | OTC: LGCFF 9
Slide 10: LDS Project: 4.5 Hours on a Paved Road from City of Porto Alegre
LDS Project: 4.5 Hours on a Paved Road from City of Porto Alegre EXCELLENT INFRASTRUCTURE Tarmac roads, power, water, etc. LOCAL WORKFORCE Most of our team lives in or near the town of Lavras do Sul TSX-V: LGC | OTC: LGCFF 10
Slide 11: District-Scale Opportunity with 24+ Gold Targets within LDS Intrusive Complex
District-Scale Opportunity with 24+ Gold Targets within LDS Intrusive Complex Spatial distribution and geochemical footprint define priority corridors for discovery and resource growth Historical workings from the 1700s reflect only the shallowest expressions; modern datasets reveal a significantly
Slide 12: Caneleira Target – Recent High-Grade Intercept Reported
Caneleira Target – Recent High-Grade Intercept Reported Top intercept returns 21.66 g/t gold over 15 metres, including 52.73 g/t gold over 6 metres • Recent drilling results confirm robust gold mineralization, including high-grade intervals with visible gold, hosted within laterally extensive and st
Slide 13: Butiá Gold Deposit
Butiá Gold Deposit Drilling Continues to Expand a Large, Near-Surface Mineralized System Butiá Deposit Overview Butiá covers ~363 ha, with ~22,387m (77 holes) drilled since 2022, 22,540m (96 holes) of non Lavras drilling contributing to the current model. Butiá hosts a near-surface, bulk-tonnage sty
Slide 14: Fazenda do Posto (FdP): Blind Gold Discovery Expands District-Scale System
Fazenda do Posto (FdP): Blind Gold Discovery Expands District-Scale System Long Intervals of Continuous Mineralization and Alteration Discovery – August 2023 • Covers ~400 ha • 340m @ 1.1 g/t Au, incl. 160m @ 1.8 g/t Au (23FP002) • 204 m @ 1.0 g/t Au from 31 m (23FP006) scissor hole confirms discove
Slide 15: Butiá and Fazenda do Posto Drilling Expanding Gold Footprint
Butiá and Fazenda do Posto Drilling Expanding Gold Footprint Expansion Potential Beyond 2022 Butiá Shell • Drilling shows mineralization extending beyond the 2022 implicit grade shell in the east and south • High-priority additions include deeper Butiá intercepts and lateral extensions at FdP 2025 H
Slide 16: Cerrito Gold Deposit
Cerrito Gold Deposit Drilling Expands Mineralized Footprint and Enhances Resource Confidence Near-surface bulk-tonnage deposit with strong growth potential • ~22,000 metres drilled across multiple campaigns • Mineralization at surface and extends ~425 m vertically • Strike length of ~1.3 km, open al
Slide 17: District-Scale Upside Across the Lavras Intrusive Complex
District-Scale Upside Across the Lavras Intrusive Complex A Large, Multi-Target Gold System With Untested Potential Beyond Butiá/FdP & Cerrito 24+ priority gold targets defined by historic workings, soil anomalies, mapping, geochemistry, and drilling. Multiple mineralized centres extending beyond Bu
Slide 18: Mara Rosa Royalty
Mara Rosa Royalty Strategic Asset for Potential Near-term Value Creation Royalty History Lavras Gold has a 2% NSR royalty on Hochschild’s exploration concessions totaling 65,000 ha. at Mara Rosa Mine in central Brazil. Hochschild spent US$205M to build the Mara Rosa Gold Mine – commercial production
Slide 19: Project Development
PROJECT DEVELOPMENT TSX-V: LGC | OTC: LGCFF 19
Slide 20: Metallurgical Test Work Advancing
Metallurgical Test Work Advancing Test work underway at SGS, Belo Horizonte, designed to define processing flowsheet Overview Full metallurgical test program initiated in September 2024 at SGS Belo Horizonte Five 150 kg composite samples collected across the Butiá deposit representing high-, medium-
Slide 21: Butiá Project Permitting Process
Butiá Project Permitting Process STUDY REVIEWS 12 Study Reviews by the Environmental Agency 12 Project duration months and technical site visit to take place at each LGC submission stage months period Status Compliance Report and Compliance Report and EIA Submission ECP Submission ECP Submission Q4
Slide 22: LP Application Project Work
LP Application Project Work Completed (De-risking Baseline Studies & LP Scope Definition) Ongoing Next Steps Biotic Baseline (DBO) Near-Term (Q1 2026) Socioeconomic Engagement 1st flora & fauna campaigns completed across Butiá–FdP corridor Integratio conducting perception Execute contract for engine
Slide 23: Social Programs
Social Programs Fostering Relationships with Local Community in Lavras do Sul PROJETO VIVER: A Community Initiative Rooted in ROTA DO OURO: Gold trail with five stations that underscores importance of gold mining to the development of the local connection to the land and responsibility for the regio
Slide 24: 2026 Catalysts
2026 Catalysts Complete financing to fund 2026 drill program Appoint engineering firm for scoping study/PEA (Q1 2026) Execute a 10,000-metre infill and extension drill program at FdP/Butiá; drill an additional 10,000 metres focused on district- scale exploration targets Complete metallurgical te
Slide 25: Contact us
Follow @LavrasGold on LinkedIn, X, YouTube & Instagram Contact us investor@lavrasgold.com +1-289 624 1377 www.lavrasgold.com TSX-V: LGC | OTC: LGCFF 25
Slide 26: Appendix
APPENDIX TSX-V: LGC | OTC: LGCFF 26
Slide 27: Brazil and Rio Grande do Sul
Brazil and Rio Grande do Sul A Stable, Diversified, Mining-Friendly Jurisdiction Rio Grande do Sul Region 90+ ~215M 250+ years of gold Mineral commodities Total population in 20231 produced1 mining history Established 218,000 US$17.26B infrastructure roads, power, and port access Direct mining j
Slide 28: LDS is a Unique System
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 29: Butiá & Cerrito Mineral Resource Estimates
Butiá & Cerrito Mineral Resource Estimates Butiá Notes RESOURCE TONNES GRADE CONTAINED GOLD 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 30: Multiple Deposit Potential within District Scale Land Package
Multiple Deposit Potential within District Scale Land Package 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 +40,000 metres drilled Fazenda do Discovery Discovery hole: 3
Slide 31: 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 32: Cerrito Gold Deposit
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 33: Caneleira Prospect
Caneleira Prospect Zoomed view highlighting the relative position of drill hole intersections and the mineralized envelope defined at a Long section and core photographs from hole 25CN016 highlighting the high-grade gold interval between ~132–143 m. cut-off grade of 0.1 g/t Au at Caneleira. Note tha
Slide 34: Caneleira Prospect
Caneleira Prospect Visible gold (Vg) observed in drill holes 26CN019 and 26CN020, associated with strongly hydro-thermally altered and Drill core from hole 25CN016 showing the style of mineralization along the interval from 134 to 141m. The sulphide-bearing intervals. Assay results for these holes a
Slide 35: Olaria Target - 3km North of Butiá
Olaria Target - 3km North of Butiá Cross Section View Looking Northeast of Olaria Drillholes 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 core (about 134 metres vertical). Followed by an 8.
Slide 36: Fazenda do Posto
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 37: Fazenda do Posto & Butiá: Summary of Drilling Completed
Fazenda do Posto & Butiá Summary of Drilling Completed (2022 – 2025) Historical CBC / RTZ Drilling (Pre- Butiá – Drilling Prior to 2022 NI 43-101) 78 holes - 20,128 metres Zeca Souza 18 holes - 2,412 metres • Legacy Amarillo Gold programs • Confirms early mineralized establishing deposit geometry Ga
Slide 38: Fazenda do Posto and Butiá
Fazenda do Posto and Butiá Very Strong Metasomatic Process (Chemical Alteration Process) Unaltered granodiorite Original fresh from fresh granodiorite through episyenite to perthite granodiorite with micofracture showing incipient metasomatism Moderate to strongly altered granodiorite: Salmon pink m
Slide 39: Vila Marieta Gold Discovery
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 40: Vila Marieta Discovery
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 41: Zeca Souza Discovery
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 42: Zeca Souza Discovery
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 43: Galvão Gold Discovery
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 44: Galvão Discovery
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 45: 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 45
Slide 46: Matilde Discovery
Matilde Discovery: Drilled to Date: Mineralization Found in 30 of 33 Holes 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 R
Slide 47: 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 48: Matilde Gold Deposit
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 49: 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 50: Matilde Extension Discovery
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 51: Matilde Extension: Alteration & Mineralization
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