Bullboard - Stock Discussion Forum Lavras Gold Corp V.LGC

Alternate Symbol(s): LGCFF

Metals & Mining Gold

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... see more

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TSXV:LGC - Post Discussion

Lavras Gold Corp > Getting some attention

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Post by Zibo510 on Jun 26, 2024 10:26pm

Getting some attention

STOCKWATCH ARTICLES

Gold Summary for June 26, 2024

by Stockwatch Business Reporter

New York spot gold fell $22.60 Wednesday, closing at $2,296.90. The TSX Venture Exchange rose 1.01 points to 565.58 while the TSX gold index added 1.84 points to 315.87. Victoria Gold Corp. (VGCX), which crashed $6.07 to $1.36 on 15.2 million shares yesterday, stabilized today, ending the day down eight cents to $1.28 on 10.34 million shares. The stock's collapse followed a failure in the leach pad at Victoria's Eagle mine in Yukon.

First Quantum Minerals Ltd. (FM) was strong today, as it added $1.35 to $19.64 on 4.69 million shares. Michael Durose's Lavras Gold Corp. (LGC) was buoyant on good news. It added 47 cents to $2.07 on 409,000 shares on word it has drilled a 236-metre interval grading 1.4 grams of gold. The hit started from surface at the Butia deposit, on the western edge of the LDS project in southern Brazil. A 74-metre midsection had the best grade, with 2.5 grams of gold per tonne. A second of the seven new holes also did well, with a 228-metre surface-based interval averaging one gram per tonne -- again with a 60-metre midsection running 2.3 grams per to

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