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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 Jul 04, 2024 6:20am
74 Views
Post# 36117642

RE:RE:Very Rough Proxy Based Scoping of FDP MRE

RE:RE:Very Rough Proxy Based Scoping of FDP MREThank you.
Drilling through continous mineralization substantiallly reduces the number of drill holes needed for an initial MRE, as is clearly exhibited by the Snowline MRE which required less than 28,000 meters .

The 50 meter grid drilling pattern now being employed at FDP is consistent with required  MRE standards of drilling density, so the extended drilling time there is clearly directed by that requirement .

In short, when reported, an MRE for FDP will be included in the assay report. along with an updated Butia.

We are in exciting times..
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