RE:RE:RE:Paredo and more drilling Planned for CanalariaThere was no mention of a third drill in the Q1 report.
However, in Q1 regional soil surveys highlighted three significant gold-in-soil anomalies
......at Matilde and Matilde Extension (3.8km x 4.8km anomaly), and .....
..a 4.6km x 4.8km soil anomaly overlying historical gold workings including Galvao, Zeca Souza and Caneleira,
.....and a third, more scattered anomaly (roughly 4 km by 3.7 km) centred along the eastern flank of the Lavras do Sul Intrusive Complex and overlying volcanic rocks.
This represents a massive increase in the area shown by sampling to have very large gold in soil anomalies overlying historical gold workings .
These historical gold workings are peppered throughout and within these very large soil anomaly areas .
It raises a very high probability that these continous gold mineralization interceptions down to depths up to 450 meters so far, and consistent with ancient shallow gold mines , are ubiquitous from FDP to Matilda with only grade differences separating them.
At least what I see here is new exploration results calibrated to historic gold artisanal mines ,have substantially increased the global size of the Lavros potential mineralized area by perhaps by many
multiples .
This creates the scenario that Lavros is in the early discovery stages of of a new gold district in Brazil that will take many years to fully explore and define .
As these assays and their interpretation are reported , we could be seeing a rapid doubling or tripling of the market cap and then progressive escalation as the area drilled defined increases .
A $10 share price means just a $500 million market cap which is indecently low for what seems to be now emerging from new exploration. resukts .