Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSXV:LGC - Post Discussion

Lavras Gold Corp > Butia Summary….open in all directions , increasing in grade
View:
Post by nozzpack on Jun 29, 2024 8:46am

Butia Summary….open in all directions , increasing in grade

1..Long continuous intervals of gold mineralization over more than 230  metres depth and beginning at surface confirm the bulk-tonnage nature of Butia.


2...FDP within the same high grade soil anomaly ( in red in CP ) and only 150 m distant from Butia has been drilled defined to 330 meters
 


3..The presence of visible gold in cross-cutting stockwork-style quartz veinlets in 24BT019 highlights multiple gold mineralizing events, locally enhancing gold grade

4... This style of mineralization has been seen property wide in other targets that we have drilled including Zeca Souza, Galvao and Matilde.

5...Laterally, a higher-grade core of mineralization has been defined over at least 100 metres of strike length within the Butia gold deposit, starting at surface. This has potentially positive implication for a future open pit mine.


So, an updated 43-101 for Butia will show substantial gains in resources.....laterally, at depth and higher grades.

And Butia remains open at strike and down dip as does FDP.

Further north within the same high grade gold in soil anomaly, drilling has found high grade gold at depths greater than 500 meters.

 

In essence, subsequent drilling within this high grade gold in soil anomaly has a very high probability of drill defining many more bulk mineable gold deposits which may, as old core relogging shows  , be linked to and include Cerrito.

We are very early in this discovery journey..

GLTA

Comment by Zibo510 on Jun 30, 2024 11:36am
"Drilling is on-going in this area after a short delay related to recent unusually heavy rain in the area" For the time being drills are still turning at FDP, so final assays for FDP are still months away.  How long will they continue drilling FDP and where will they move to next? Exciting times as this drill campaign unfolds for the next year. 
Comment by yixter on Jun 30, 2024 1:24pm
Actually it sounds like an update is coming soon for assays  An update of drilling results for Fazenda do Posto target is expected as soon as final assay results are received and the geological interpretation is completed. Drilling is on-going in this area after a short delay related to recent unusually heavy rain in the area.
Comment by nozzpack on Jun 30, 2024 4:57pm
That is correct....a drillng update , delayed by heavy weather, is coming very soon. Perhaps the delay gave them the extra time to update their 3D implicit model of FDP. Whatever, we are on the cusp of exciting events that will substantially advance our intrinsic asset value
Comment by TimeTooSoar on Jun 30, 2024 8:04pm
Where are you getting these updates from? 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities