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Lavras Gold Confirms Northwest - Southeast Trending Vein System at Caneleira Gold Target in Brazil
Newly reported intercept in hole 26CN019 returns 33.72 g/t gold over a drilled width of 7 metres, including 64.24 g/t gold over 4 metres and 178.16 g/t over 1
About this update from Lavras Gold Corp
[{"type":"text","content":" Newly reported intercept in hole 26CN019 returns 33.72 g/t gold over a drilled width of 7 metres, including 64.24 g/t gold over 4 metres and 178.16 g/t over 1 metre* Significant intersections at Caneleira include: Hole 26CN019 intercepted 33.72 grams per tonne (\"g/t\") gold (\"Au\") over 7 metres (\"m\") from 107m (down hole depth), including 64.24 g/t Au over 5m from 170m and including 178.16 g/t over 1m from 110m; and Hole 26CN026 intercepted 2.53 g/t Au over 9m from 194m, including 5.03 g/t Au over 4m from 197m and 13.92 g/t Au over 1m from 197m. *Drilled width, true width not known. Toronto, Ontario--(Newsfile Corp. - May 19, 2026) - Lavras Gold Corp. (TSXV: LGC) (OTCQX: LGCFF) (\"Lavras Gold\" or the \"Company\") is pleased to announce additional drill results from the Caneleira target within the Lavras do Sul Project (\"LDS Project\" or the \"Project\") in southern Brazil following recent disclosure of high-grade results from hole 25CN016 (see press release dated February 24, 2026) where it was reported Hole 25CN016 intercepted 21.66 g/t Au over a drilled width of 15m from 131m, including 52.73 g/t Au over a drilled width 6m from 135m and including 132.93 g/t over a drilled width 2m from 139m. To date follow-up drilling (20 holes) have been completed at this target with analytical results received for 10 holes (25CN017 - 26CN027) reported in this release. Best recent intersections are summarized in Table 1 below, while full drill results for all 10 holes are tabulated in Table 2 in the Appendix. This drilling has confirmed the presence of a series of northwest-southeast trending mineralized vein structures (at least three discrete zones identified to date) and provided important geological insights supporting a rapidly evolving exploration model. The latest results further reinforce Caneleira's potential as a near-surface, gold system potentially capable of contributing early plant feed to the Company's advancing Butiá-Fazenda development project located approximately 2 km to the south. \"These latest results from the Caneleira Southwest Extension support the target's potential to be part of a larger development and economic scenario,\" commented Jonathan Hill, Interim VP Exploration, Lavras Gold. \"Reviewing these new intercepts alongside our previous results, we have confirmed the presence of at least three discrete no...