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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 > Most Signifucant Statement
View:
Post by nozzpack on Sep 09, 2024 11:46am

Most Signifucant Statement

The mineralized zone appears to be an irregular shaped pipe-like feature plunging to the northwest.


There is a strong structural control to gold mineralization.
Specifically, northeast trending structures are thought to play an important role in localizing and focusing gold mineralization.


They are referring to the fault lines.

Just look at the direction of the fault lines and you will see that they are trending NW in parrellel , crossing the other discoveries such as Canalaria much as you would expect .


Thats why the current thinking is that that there may be several parallel northeast trending structures to the northwest that are important exploration targets that remain untested.

Surface exploration work in the area has also identified several targets that require drill-testing soon as the exploration program evolves.

 

A third drill has been mobilized to the Orlaria which is at the end of the fault line of the Caneleira concession where numerous exploration targets have been defined through surface exploration work including soil geochemistry, favourable structural patterns identified by drone a magnetic survey and air photo interpretation, and old workings including trenches and pits that have been sampled. 

The targets on Orlaria and the Caneleira concession are interpreted to be structurally controlled cataclastic gold systems associated with important northeast trending structures.


So now,  Drilling is currently testing the Orlaria target  which was tested by Amarillo Gold, and returned multiple intervals of gold mineralization across an interpreted northeast trending structure .

So, the drilling discoveries are unfolding as expected here with the new geological model now leading the way, connecting the multiple but little drilled discoveries to the NW much in the way as a new gold district is drill expanded.

In summary, the NW structural faults , very closely aligned with strong soil anomalies , artisanal mining and a series of new discoveries along the way to the NW wherever the drill enters the surface, are fully congruent with what you would expect from the early delineation of a new gold district..

Comment by bobleplast on Sep 09, 2024 12:09pm
Exciting results  They don't mention the 50x50 grid drilling program? 
Comment by snowshoedb on Sep 09, 2024 1:20pm
Appreciate the anaysis Nozzpack. Im still trying to wrap my head around the data. The news is what I expected and it is still early days. It appears that they have only stepped out 70 meters from the discouvery hole which is a bit surprising for me. A pleasent surprise was to find out they were able to hit mineralization from surface which is very encouraging that their are now 2 areas, 1 each at ...more  
Comment by snowshoedb on Sep 09, 2024 1:27pm
correction near the end of the post... If there is a controlling structure such as a SW NE trending fault (as suggested by Nozzpack) that can be traced 2.5 km toward to Caneleira and Olaria If rocks associated with the structure had hydrothermal replacement as is the case with FDP, Butia, could these be connected to Caneleria, Orlaria with similar replacement during the same event horizon but on ...more  
Comment by nozzpack on Sep 10, 2024 1:19am
That is on point. Paredo and Olaria are step outs from the three adjacent  and relatively close discoveries...Zeca, Galvao and Canalaria . Galvao hit high grade 532 meters of depth. This is gap filling in the widest sense, based on the evolving new geological model. It looks like the grid sampling of FDP todate has probed to 400 meters of vertical depth but within the 200 meter by 200 ...more  
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