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Bullboard - Stock Discussion Forum Lavras Gold Corp V.LGC

Alternate Symbol(s):  LGCFF

Lavras Gold Corp. is a Canada-based junior exploration company. 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 spans approximately 22,000 hectares in size and comprised of 29 mineral rights centered on historic gold... see more

TSXV:LGC - Post Discussion

Lavras Gold Corp > Bootstrapping FDP- Butia into production
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Post by nozzpack on Sep 21, 2024 5:51am

Bootstrapping FDP- Butia into production

A most efficient route to a FS is to bootstrap the asset into production  by offsetting of the cost of development with preproduction revenue from one or more bulk samples and test mining
 
This would confirm resource grade, continuity and dilution impacts in an effort to derisk the project.

Contract mining and toll milling are available to do so.

Mineralization beginning at the surface and continous  makes for rich cash flows .

Bulk sampling is quite common
Comment by snowshoedb on Sep 21, 2024 6:28pm
I agree that's one way to put it into production Management could also consider just selling it out to a major. The people who were involved with Amarillo Gold, created Lavras As a spin out asset from Amarillo. I wouldn't be surprised to see management to do the same thing again
Comment by nozzpack on Sep 22, 2024 4:36am
Either way, we will make exemplary profits but selling/ spin out will be the fastest route.....Matilda alone as a Spinout ,can carry us to similar heights..
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