Lavras Gold Corp. Intersects 1.8 g/t Gold over 123 Metres at Butiá Gold Deposit, LDS Project, Southern Brazil & Provides an Exploration Update

Core Insights - Lavras Gold Corp. has reported positive drilling results from the Butiá Gold Deposit, indicating significant gold mineralization across all 18 new drill holes tested, with a notable intersection of 1.8 g/t gold over 123 meters [1][3][5] - The company aims to define an economically feasible gold resource on the LDS Project, focusing on the Butiá Gold Deposit and the adjacent Fazenda do Posto gold target [2][5] Drilling Results - Drill hole 24BT034 intersected 123.0 meters grading 1.8 g/t gold, including 21.0 meters grading 4.1 g/t gold and higher-grade intervals of 8.5 g/t gold over 1 meter [3][11][17] - Drill hole 24BT036 confirmed continuous gold mineralization with long intervals in episyenite and mineralized perthitic granite, indicating good continuity of higher-grade gold [14][15][22] - The drilling program has successfully demonstrated the depth potential of mineralization at Butiá, with over 30,000 meters of drilling completed to date [7][20] Geological Insights - The drilling results have enhanced the understanding of the geological controls on mineralization, with a focus on northeast/southwest trending structures that influence the deposit's mineability [4][5][9] - The ongoing drilling program is designed to convert a significant portion of inferred geological resources into measured and indicated categories, thereby increasing the overall gold endowment [7][11] Future Plans - The company has engaged SGS Laboratory to conduct a comprehensive metallurgical test program for Butiá mineralization, which is currently underway [2][5] - An update on drilling results for the Fazenda do Posto target is anticipated as final assay results are received and geological interpretation is completed [6][7]