Lavras Gold Corp. announces that further to its news release of September 11, 2023, the Company has increased its private placement offering from a private placement of up to 8,000,000 common shares to up to 10,000,000 Common Shares. The Common Shares will be issued at a price of CAD$1.35 per Common Share for gross proceeds of up to CAD$13,500,000. The increase in the Offering is due to investor demand. The net proceeds [...]
Lavras Gold Corp. is pleased to announce that it intends to complete a private placement offering of 8,000,000 common shares in the capital of the Company at a price of CAD$1.35 per Common Share, for gross proceeds of CAD$10,800,000. The net proceeds of the Offering are expected to be used primarily for exploration expenses on the Company's gold properties comprising its Lavras do Sul Project located in Rio Grande do Sul [...]
Hole 23FP002 includes 160 metres at 1.79 g/t gold including 68 metres at 2.09 g/t gold Long, continuous bulk tonnage style of gold mineralization in intrusive-hosted gold system Hole drilled at new Fazenda do Posto target, located 150 metres west of Butiá Gold Deposit Blind gold discovery with no surface expression of mineralization opens up new exploration potential Two drill rigs now in area following up TORONTO, Aug [...]
The news release should be read in conjunction with Lavras Gold's audited consolidated financial statements and management's discussion and analysis for the six months ended June 30, 2023. Both are available under the Company's profile at www.sedar.com. All monetary amounts are in Canadian dollars unless stated otherwise. TORONTO, Aug. 23, 2023 -- Lavras Gold Corp. highlighted two new gold discoveries, as well as the [...]
Lavras Gold Corp. continues with exploration success at the Zeca Souza Discovery on its LDS Project in southern Brazil. Assay results have been received from follow up drilling at Zeca Souza, where an additional 7 drill holes totalling 2,497 metres were completed. This brings the total number of drill holes at the target to 21 and total drilling meterage to 5,291 metres. "We are very pleased with these follow-up drill [...]
Lavras Gold Corp. reports the voting results of its annual and special meeting held on July 18, 2023 . At the Meeting, shareholders approved the appointment of Davidson & Company LLP as auditor of Lavras Gold and an omnibus long-term incentive plan. Seven directors were also elected at the Meeting: David Birkett, Michael Durose, Jonathan Hill, Lawrence Lepard, Michael Mutchler, Rostislav Raykov, and Rowland Uloth. Mr [...]
Lavras Gold Corp. has granted an aggregate of 1,400,000 stock options to purchase common shares of the Company exercisable at a price of $0.23 per Common Share and expiring on July 13, 2028, to certain directors, officers, consultants and employees of the Company. The Common Shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant. About Lavras Gold Lavras Gold [...]
The news release should be read in conjunction with Lavras Gold's audited consolidated financial statements and management's discussion and analysis for the three months ended March 31, 2023. Both are available under the Company's profile at www.sedar.com. All monetary amounts are in Canadian dollars unless stated otherwise. TORONTO, May 15, 2023 -- It's been gold discovery after gold discovery for [...]
Lavras Gold Corp. has made yet another new gold discovery at its LDS Project in southern Brazil. The gold mineralization discovered at the Galvao target is significant because it has long intervals with bonanza grade subintervals in some cases. This is the first time that Galvao has been drill-tested, and the results show that this important new gold system has an intermittent north-south strike extent of at least 450 [...]
Assay results from maiden drilling on the Vila Marieta claim block suggest that Lavras Gold Corp. has identified the southwest surface extension of its Cerrito Gold Deposit. Vila Marieta and Cerrito are among the 23 known gold targets on the company's LDS Project in southern Brazil. The assay results feature significant gold grades that begin at surface and long intervals. For example, hole 22VM001 returned: significant [...]
The news release should be read in conjunction with our audited consolidated financial statements and management's discussion and analysis for the year ended December 31, 2022. Both are available under our profile at www.sedar.com. All monetary amounts are in Canadian dollars unless stated otherwise. TORONTO, March 03, 2023 -- Lavras Gold Corp. set out its short- and long-term goals as it reported results for the year [...]
A cultural education program on the importance of gold mining to the development of the town of Lavras do Sul was launched earlier this month by Lavras do Sul Mineração , Lavras Gold Corp.'s Brazilian subsidiary. Developed in partnership with LDS Mineração, the Rota do Ouro, or Gold Trail, is a route with five stations that each highlight an aspect of gold mining history in the Lavras do Sul Community: Estação Memória at [...]