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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 May 09, 2024 6:09am
67 Views
Post# 36030500

RE:Are they Finding more oxide Gold above the Sulphides ?

RE:Are they Finding more oxide Gold above the Sulphides ?
Oxide gold is the weathered ( oxidized ) and exposed surface expression of the underlying  bedrock containing the sulphide gold lodes .

I note that generating  Near Term cash flow by exploiting the near surface Gold-in-Oxide blankets is not unusual in Brazil..
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