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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 davidmb4on Oct 11, 2023 1:39pm
133 Views
Post# 35679087

Only expanded drilling by 4,000 meters?

Only expanded drilling by 4,000 meters?So what are they going to use all that money for?
Corporate and management bills?
They are really going to slow play this new discovery.
That just doesn't work well in this type of market.
I hope they know what they are doing but either way this is dropping back to $1.
They have killed the momentum here which is paramount for any gold junior.
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