Lavras Gold Corp. Intersects 1.1 g/t Gold over 228 Metres at the LDS Project, Southern Brazil

Core Viewpoint - Lavras Gold Corp. has reported significant drilling results from the Butiá Gold Deposit and Fazenda do Posto Gold Discovery, confirming a connected zone of mineralization and advancing towards defining an economically feasible gold resource at the LDS Project in southern Brazil [1][4][8]. Drilling Results - A total of 17 new drill holes were completed, totaling 6,305 metres, with gold mineralization intersected in 15 of the holes [1][4]. - Notable results include 228.0 metres grading 1.1 g/t gold from 115.0 metres, with a subinterval of 62.0 metres grading 3.2 g/t gold from 159.0 metres [10][22]. - Hole 25FP039 at Fazenda do Posto intersected 44.0 metres grading 2.3 g/t gold from 325.0 metres, including 13.0 metres grading 3.6 g/t gold [24][21]. Project Development - The ongoing 25,000 metre drilling program aims to enhance the understanding of the Butiá and Fazenda do Posto areas and explore additional targets on the 23,000 hectare LDS Property [2][4]. - An Environmental and Social Impact Study (EIA) has commenced, marking a critical step in the permitting process for a potential commercial gold mining project [4][13]. Geological Insights - The drilling results have provided valuable structural, geological, and geochemical information, indicating a mineralized gold system extending from surface to depths of over 400 metres [8][9]. - The exploration potential remains significant, with the geological controls to mineralization being better understood since the discovery hole in September 2023 [9][13]. Historical Context - Including historical drilling, over 58,000 metres and 209 drill holes have been completed on the Butiá and Fazenda do Posto concessions [16][4]. - The Butiá Gold Deposit hosts an estimated mineral resource of 12.9 million tonnes at a grade of 0.91 g/t gold for 377,000 ounces in the Measured and Indicated categories [15].