202615 releases
Lavras Gold Approves Fourth Diamond Drill Rig to Fast-Track Cerrito North Drill Testing; Fazenda-Butia LP Application Remains on Track
A fourth diamond drill rig has been approved to begin first-pass testing of the Cerrito North target at the Lavras do Sul Project in Rio Grande do Sul, Brazil, with a 2,000 metre, 22-hole programme (15 holes of 70m, two of 100m, five of 150m) forming part of the approximately 25,000m programme announced September 14, 2026. Cerrito North, 2km north-northwest of the Cerrito deposit, has a 1,600m by 400m gold-in-soil anomaly and rock samples up to 6.52 g/t Au. FEPAM renewed the Fazenda-Butia Terms of Reference to October 7, 2028; the LP application remains targeted for end-December 2026.
Drill resultsLavras Gold Defines a District-Scale Gold-in-Soil Corridor at Lavras do Sul and Identifies Cerrito North as a New Exploration Target
An independent re-processing and statistical levelling of 24,371 soil samples and drill core multielement data at the Lavras do Sul Project in Rio Grande do Sul, Brazil has defined a continuous gold-in-soil corridor of approximately 10 km along trend (about 7 km straight line) linking Fazenda-Butia, Caneleira and Cerrito North along a mapped intrusive contact. Cerrito North was identified as a new exploration target, with no assays received and no mineral resource estimated. An approximately 25,000 m diamond drilling programme is in progress at Caneleira.
Drill resultsLavras Gold Approves Accelerated Drill Program on Expanded Caneleira Target; and Announces Completion of Eia Field Studies, Ahead of Preliminary License Permit Application
An approximately 25,000 m diamond drilling program has been approved at the consolidated Caneleira Target, starting immediately and running over the next six to eight months, at the Lavras do Sul Project in Rio Grande do Sul, Brazil, targeting footprint expansion and shallow, higher-grade open-pit mineralization 2 km from Fazenda-Butia. EIA field studies are complete, with a Preliminary License application covering Fazenda-Butia and Caneleira due by December 2026. Metallurgical test work on Caneleira samples is planned, and a consolidated mineral resource update is expected by end of Q1 2027.
Drill resultsLavras Gold Intersects High-Grade Gold at Caneleira, Supporting near-Surface Continuity of the Vein System
Final drill results from the 2026 campaign on the Caneleira Mining Concession at the Lavras do Sul Project in Rio Grande do Sul, Brazil, include hole 26CN044 with 24.30 g/t gold over a drilled width of 9m from 87m, including 99.56 g/t over 0.85m, and near-surface hole 26CN051 with 9.31 g/t over 4m from 10m. At Caneleira East, hole 26CNO022 returned 2.51 g/t over 22m from 78m. Assays for 6 holes remain pending; an initial Caneleira resource estimate is planned.
Drill resultsLavras Gold Announces Meeting Results and Appointment of Director
Shareholders approved all items of business at Lavras Gold's annual general and special meeting held June 10, 2026. Effective the same date, Federico G. Velásquez, the Company's President and CEO, was appointed a director; he previously served as a board member and President-Peru at Highlander Silver Corp and President of Latin American Operations at Solaris Resources. Lavras Gold's LDS Project covers more than 21,000 hectares near Lavras do Sul, Rio Grande do Sul, Brazil.
CorporateLavras Gold Announces the Appointment of Federico G. Velásquez as President and CEO
Federico G. Velásquez has been appointed President and CEO of Lavras Gold, effective immediately, succeeding Interim CEO Hemdat Sawh, who remains Chief Financial Officer. Velásquez previously held roles at Highlander Silver Corp, Solaris Resources, Equinox Gold and Anglo American. He was granted incentive stock options for 600,000 common shares at C$2.20 per share, vesting over three years and expiring May 29, 2031. The company's Lavras do Sul project spans more than 21,000 hectares in Rio Grande do Sul, Brazil.
ManagementLavras Gold Confirms Northwest – Southeast Trending Vein System at Caneleira Gold Target in Brazil
Drilling at the Caneleira target within the Lavras do Sul Project in Rio Grande do Sul, Brazil returned 33.72 g/t gold over a drilled width of 7 metres from 107m in hole 26CN019, including 64.24 g/t over 4m and 178.16 g/t over 1m, and 2.53 g/t over 9m from 194m in hole 26CN026, including 5.03 g/t over 4m. Results from 10 of 20 follow-up holes identified at least three northwest-southeast trending vein structures. A 2,000m infill drill program has commenced.
Drill resultsLavras Gold Completes Exploration Workshop at Lavras do Sul Project in Brazil; Findings Confirm 2026 Exploration Program Priorities
A specialist technical workshop reviewing the geological model, exploration results and targeting strategy at the Lavras do Sul Project in Rio Grande do Sul, Brazil has been completed, with geology interpreted as a large alkaline intrusive system permissive for alkalic intrusion-related gold/base metal and IOCG mineralization. Large-scale bulk tonnage systems remain the primary target, with shallow high-grade veins also identified. Priority targets are Cerrito, Matilde, Butia/Fazenda do Posto and Caneleira, where grades locally exceed 50 g/t Au.
CorporateLavras Gold to Host Exploration Workshop to Unlock District-Scale Potential at LDS Project in Brazil
A five-day technical workshop will be held on site at the 23,000-hectare Lavras do Sul (LDS) Project in Rio Grande do Sul, Brazil, from April 20–24, 2026. External geoscientists Phillip J. Allen, Dr. Chris Grainger, Paul Linton, Dr. Mariana Soares and Dr. Roberto Souza will join the Lavras technical team led by Interim VP Exploration Jonathan Hill to review geophysical, geochemical, structural and drilling data from more than 95,000 metres of drilling. Outcomes will feed into the 2026 drill program.
CorporateLavras Gold Corp. Issues Stock Options and Deferred Share Units
Incentive stock options for an aggregate of 470,000 common shares were issued at $2.01 per share to certain officers, directors, consultants and employees, vesting over three years and expiring April 8, 2031. The Company also issued 14,521 deferred share units to an officer, vesting one year from issue, with each DSU entitling the holder to one share or a cash equivalent when the holder ceases to be an officer. Both grants were made under the Company's omnibus incentive plan.
CorporateLavras Gold Reports High-Grade Intercept at Caneleira Target in Southern Brazil; Top intercept returns 21.66 g/t Au over 15m, including 52.73 g/t Au over 6m
Drilling at the Caneleira target, 2 kilometres north of the Butiá-Fazenda do Posto project at Lavras do Sul, Rio Grande do Sul, Brazil, returned 21.66 g/t gold over 15 metres from 131 metres in hole 25CN016, including 52.73 g/t over 6 metres from 135 metres and 132.93 g/t over 2 metres from 139 metres. Hole 24CN011 returned 0.58 g/t gold over 36 metres from 23 metres. Results cover 5,461 metres in 24 holes, 16 drilled by Lavras Gold and 8 historical. Drilling continues, with Butiá-Fazenda targeting a Preliminary License application in Q3 2026.
Drill resultsLavras Gold Corp Selects Engineering Firms to Advance Project Development Studies
Ausenco do Brasil Engenharia Ltda. has been engaged to lead process plant design and infrastructure engineering, and GE21 Consultoria Mineral to initiate mine planning, mine closure planning and resource model assessments, for the Butiá–Fazenda do Posto Project at the Lavras do Sul Project in Rio Grande do Sul, Brazil. The work supports the Company's application for a Preliminary License (LP) and advances the project toward the PEA stage.
NewsLavras Gold Corp. Announces Closing of $10 Million Public Offering
A bought deal public offering closed with the issuance of 2,942,000 common shares at C$3.40 per share for gross proceeds of C$10,002,800, with Canaccord Genuity and Paradigm Capital as co-lead underwriters and an aggregate 6% cash commission. Net proceeds will fund project development, exploration and resource drilling at the LDS Project in Rio Grande do Sul, Brazil, and general corporate purposes. An insider purchased 7,350 shares; the offering remains subject to final TSX Venture Exchange acceptance.
FinancingLavras Gold Corp. Announces $10 million Public Offering
A bought deal public offering of 2,942,000 common shares at C$3.40 per share for gross proceeds of approximately C$10,002,800 has been agreed with underwriters led by Canaccord Genuity Corp. An over-allotment option covers up to 441,300 additional shares at the same price for 30 days after closing, for roughly C$1,500,420 more. Proceeds are earmarked for project development, exploration and resource drilling and general corporate purposes, with closing expected on or before January 29, 2026, subject to TSX Venture Exchange approval.
FinancingLavras Gold Returns Broad Continuous Zones Of Gold Mineralization From Ongoing Fazenda – ButiáDrilling In Brazil
Drilling at the Fazenda/Butiá Project within the Lavras do Sul Project in Rio Grande do Sul, Brazil returned 190.00 m at 1.01 g/t Au from surface in hole 25BT068 (including 21.00 m at 2.25 g/t Au), 65.00 m at 0.88 g/t Au from 23.00 m in 25BT067, and 21.00 m at 3.12 g/t Au from 42.00 m in 25BT063. Results cover 13 holes drilled since September 2025; 50 diamond holes totalling 16,714 m were completed in 2025. A 20,000-metre program is planned for 2026.
Drill results
20252 releases
Lavras Gold Corp. Provides Corporate Update
Approximately 20,000 metres of diamond drilling is planned for 2026 across the 23,000-hectare LDS Project near Lavras do Sul, Rio Grande do Sul, Brazil, with the Brazilian team restructured to cover exploration, development and the Butiá/Fazenda do Posto Preliminary License application. The company aims to complete a PEA and the Environmental Impact Assessment by August 2026 and submit the LP application by October 2026. Naomi Nemeth resigned as VP Investor Relations effective November 21, 2025; Target IR & Communications was engaged for six months at $10,000 monthly.
CorporateLavras Gold Corp. Announces Leadership Transition Hemdat Sawh Appointed Interim President & CEO – Search Underway to Identify Successor President & CEO
CFO Hemdat Sawh has been appointed Interim President and CEO of Lavras Gold, effective immediately, following the departure of Michael Durose, who had served as President, CEO and Director since April 2022. Sawh remains CFO and will be assisted by directors Jonathan Hill as Interim VP Exploration and Mike Mutchler as Interim COO, while the Nominating and Governance Committee searches for a permanent CEO. The team will focus on advancing the LDS Project in Rio Grande do Sul, Brazil, toward a PEA.
Management