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Lavras Gold Corp V.LGC

Alternate Symbol(s):  LGCFF

Lavras Gold Corp. is a Canada-based exploration company focused on realizing the potential of a multi-million-ounce gold district in southern Brazil. The Company is engaged in the exploration and development of the Lavras do Sul gold project located in the state of Rio Grande do Sul, Brazil. The Lavras do Sul gold project is an advanced exploration stage property that is located approximately 320 kilometers, from the state capital of Porto Alegre and spans approximately 23,000 hectares in size and comprised of 37 mineral rights centered on historic gold workings. The Company also owns a 2% net smelter return (NSR) revenue-based royalty that applies to 65,000 hectares of exploration ground around Hochschild’s Mara Rosa mine in Goias State in central Brazil.


TSXV:LGC - Post by User

Post by gladiatoroon Aug 31, 2023 5:04am
291 Views
Post# 35613230

MULTI MILLION OUNCE GOLD DISCOVERY

MULTI MILLION OUNCE GOLD DISCOVERY
 
Durose told Proactive that the
million ounces of gold the
company has defined to date at
LDS were from just two of 23
known gold showings throughout
the project's 10 kilometre (km)
diameter intrusive gold complex.
"We think we've got a
multimillion ounce exploration
project, which is quite unique in
Brazil, so we're just working away
to prove that up," he said. "We
know we'll be adding to that
system, it's just a question of
what the grades are, what size
they are, what the geometry of
those deposits are, and ultimately
what the economics is going to T
look like.

No wonder it's on a MEGA RUN....them hills are LOADED with GOLD....just 2 of the 23 known GOLD showings...it's a MOTHER LOAD...
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