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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 nozzpackon Sep 05, 2024 6:23am
172 Views
Post# 36209344

Mothership Feeder Zone At FDP

Mothership Feeder Zone At FDPThese shallow dipping thick feeder zones could contain millions of ounces on their own.
It is mentioned in the FDP discovery that such a rich feeder zone would be occluded by the rock overburden , hence would be another blind discovery as was FDP.

It has occurred to me that the regular spaced drilling program currently underway at FDP might not be exclusively for resource estimation but could contain also as another objective, a search for the feeder zone.

This is pure speculation on my part but such mothership lodes can add millions of ounces to gold reserves within , say, a 100 meter area of very thick very high grade gold.

It need not be restated that we are very early in the discovery stage at Lavras, and that new unexpected discoveries always crop up such as the Swan Zone of 
Fosterville which at 1 ounce per ton, was worth many  billions when produced.

AIMHO

GLTA
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