Lavras Gold Corp. Intersects 1.2 g/t Gold Over 251 Metres at Fazenda do Posto Gold Target, LDS Project, Southern Brazil

Core Insights - Lavras Gold Corp. has reported significant drilling results from the Fazenda do Posto Gold Target, with 12 new drill holes totaling 4,007 metres, intersecting gold mineralization in 11 of the holes [1][2][4] - The drilling results include a notable intersection of 251.0 metres grading 1.2 g/t gold, with higher-grade subintervals, indicating a robust gold mineralization footprint [3][4][5] - The company aims to define an economically feasible gold resource on the LDS Project, focusing on the Fazenda do Posto Gold Discovery and the adjacent Butiá Gold Deposit [2][4] Drilling Results - Hole 24FP032 returned 251.0 metres grading 1.2 g/t gold, including 100.0 metres grading 2.2 g/t gold and several higher-grade subintervals [3][4][5] - Drillhole 24BT043, collared on the Butiá claim block, successfully extended the known gold mineralized footprint to the northwest, confirming continuity of gold mineralization across a northeast-southwest trending structural corridor [4][10][12] - The results from the drilling program continue to demonstrate the excellent gold grade and continuity of the Fazenda do Posto Gold Discovery, with long continuous intervals of gold mineralization [5][12][19] Geological Insights - The current interpretation suggests that Fazenda do Posto is a steeply northwest plunging, irregular pipe-like structure, with ongoing drilling testing potential extensions to mineralization [5][12] - The drilling program aims to gain greater insight into the geological controls of mineralization, with a focus on northeast trending structures that influence the pattern and nature of mineralization [4][5][12] - A detailed metallurgical testing program has been initiated for Fazenda do Posto and Butiá as part of the overall derisking strategy for the project [2][5] Future Plans - The company plans to continue drilling at both the Butiá and Fazenda do Posto areas, as well as the Caneleira Concession, where recent discoveries have been made [6][12] - The ongoing drilling program is designed to further define the gold mineralization footprint and assess the potential for additional discoveries in the region [8][12]