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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

Comment by nozzpackon Mar 13, 2024 8:08pm
94 Views
Post# 35931682

RE:Remember When... IMA Exploration vs Acquiline

RE:Remember When... IMA Exploration vs AcquilineThat is quite true.
in such low grade bulk mineable deposits with thin overburden , you can excavate the ore with minimal dilution and ship directly to the mill.

Being very close and perhaps connected via basement lodes, a super pit might be possible, avoiding underground mining altogether .

But, even though we are still early in the game, enough deposits have been discovered todate to begin thinking realistically that reaching Tier 1 discovery status.....5 m ounces..is not an unrealistic expectation .

Given the conviction that comes with persistent buying by insiders, we could be there much quicker than many realize .......
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