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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 Sep 05, 2024 10:28am
75 Views
Post# 36209754

RE:RE:Mothership Feeder Zone At FDP

RE:RE:Mothership Feeder Zone At FDPIf you examine the Gmin FS after tax NPV 5, those 2 million ounces are valued at about $650 CAD per ounce.

We already have 1 million ounces, Butia will add ounces from extensional drilling, more ounces from that 150 meter extension to FDP being drill mineralized , so possibly another 200,000 to 300,000 ounces being added to Butia.

That means FDP has onky to deliver about 750,000 ounces to get us to 2 million and we are still above 
300 meters of depth with 4 discoveries within the soil anomaly yet to be fully drilled while adding more land.

So we are looking very pretty , with a market cap that could go to $10 on the upcoming drill resukts ..
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