# Lavras Gold Approves Accelerated Drill Program on Expanded Caneleira Target; and Announces Completion of EIA Field Studies, Ahead of Preliminary License Permit Application

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/lavras-gold-approves-accelerated-drill-program-on-expanded-caneleira-target-and--1d80ed7b-758c-4b76-821e-19c36a983d0c

Original source: https://orestocks.com/company/LGC.V/press-releases/6829949535779490

Publisher: orestocks

Original announcement: 2026-09-14T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Lavras Gold Corp.

- Ticker: LGC.V

- Exchange: Unavailable

- Region: Rio Grande do Sul, Brazil

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results, Permitting, Other

- Extracted: 2026-09-14 12:02:02 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Lavras Gold has completed EIA field studies, a major milestone toward its Preliminary License application for the Fazenda-Butia and Caneleira targets. The company also approved a 25,000m diamond drilling program to expand the Caneleira target and delineate mineral resources.

Reasoning: The company achieved a critical permitting milestone \(EIA completion\) and is launching a significant 25,000m drill program to expand a high-grade target.

- Positive factor: Major permitting milestone achieved with completion of EIA field studies

- Positive factor: Approval of 25,000m accelerated drill program to expand Caneleira target

- Positive factor: High-grade near-surface intercepts previously reported \(up to 99.56 g/t Au\)

- Positive factor: Consolidation of Caneleira into a single larger target footprint

- Negative factor: No mineral resources estimated to date at Caneleira or Caneleira East

- Negative factor: Metallurgical test work is only planned, not yet completed

Facts used in scoring: 4

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release details sample handling, ALS laboratory use, and insertion of blanks, standards, and duplicates.

Evidence · text

> Certified standards, non-certified blanks and field duplicates are inserted into the sample stream

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Hole 26CN044 contains an intercept of 99.56 g/t Au.

Evidence · text

> including 99.56 g/t Au over a drilled width of 0.85m

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states 'Drilled width, true width not known'.

Evidence · text

> Drilled width, true width not known.

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Drill Results (4)

### 26CN044

[Link to this fact](https://atlas-extractions.minestarters.com/news/lavras-gold-approves-accelerated-drill-program-on-expanded-caneleira-target-and--1d80ed7b-758c-4b76-821e-19c36a983d0c#fact-drill-facts-0)

Caneleira Target · gold

#### Identity

- Hole ID: 26CN044
- Project: Caneleira Target
- Commodity: gold
- Region: brazil
- Reported Region: brazil
- Ticker: LGC.V

#### Geometry

- Grade: 24.3
- Grade Unit: g/t
- Intercept: 9 m
- From: 87 m
- To: 96 m
- Intercept Depth: 87 m

#### Classification

- Sample Type: drill
- Group ID: 26CN044:87-96
- Mining Method: open\_pit

#### Location

- Location: Caneleira
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories Inc.
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-14T00:00:00.000Z

Reasoning: 24.3 g/t Au over 9m is a very strong intercept for an open-pit target.

- Positive factor: Bonanza grade intercept

Evidence · text

> 24.30 grams per tonne \("g/t"\) gold \("Au"\) over a drilled width of 9 metres \("m"\)from 87m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "-  The decision follows the high-grade, near-surface results announced on \[August 24, 2026\]\(https://api.newsfilecorp.co"

### 26CN044

[Link to this fact](https://atlas-extractions.minestarters.com/news/lavras-gold-approves-accelerated-drill-program-on-expanded-caneleira-target-and--1d80ed7b-758c-4b76-821e-19c36a983d0c#fact-drill-facts-1)

Caneleira Target · gold

#### Identity

- Hole ID: 26CN044
- Project: Caneleira Target
- Commodity: gold
- Region: brazil
- Reported Region: brazil
- Ticker: LGC.V

#### Geometry

- Grade: 99.56
- Grade Unit: g/t
- Intercept: 0.85 m
- From: 87 m
- To: 87.85 m
- Intercept Depth: 87 m

#### Classification

- Sample Type: drill
- Group ID: 26CN044:87-87.85
- Mining Method: open\_pit

#### Location

- Location: Caneleira
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories Inc.
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-14T00:00:00.000Z

Reasoning: Extremely high grade intercept of 99.56 g/t Au.

- Positive factor: Bonanza Intercept

Evidence · text

> including 99.56 g/t Au over a drilled width of 0.85m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "-  The decision follows the high-grade, near-surface results announced on \[August 24, 2026\]\(https://api.newsfilecorp.co"

### 26CN051

[Link to this fact](https://atlas-extractions.minestarters.com/news/lavras-gold-approves-accelerated-drill-program-on-expanded-caneleira-target-and--1d80ed7b-758c-4b76-821e-19c36a983d0c#fact-drill-facts-2)

Caneleira Target · gold

#### Identity

- Hole ID: 26CN051
- Project: Caneleira Target
- Commodity: gold
- Region: brazil
- Reported Region: brazil
- Ticker: LGC.V

#### Geometry

- Grade: 9.31
- Grade Unit: g/t
- Intercept: 4 m
- From: 10 m
- To: 14 m
- Intercept Depth: 10 m

#### Classification

- Sample Type: drill
- Group ID: 26CN051:10-14
- Mining Method: open\_pit

#### Location

- Location: Caneleira
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories Inc.
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-14T00:00:00.000Z

Reasoning: 9.31 g/t Au over 4m is a strong intercept.

- Positive factor: Strong grade intercept

Evidence · text

> 9.31 g/t Au over a drilled width of 4mfrom 10m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "-  The decision follows the high-grade, near-surface results announced on \[August 24, 2026\]\(https://api.newsfilecorp.co"

### 26CN051

[Link to this fact](https://atlas-extractions.minestarters.com/news/lavras-gold-approves-accelerated-drill-program-on-expanded-caneleira-target-and--1d80ed7b-758c-4b76-821e-19c36a983d0c#fact-drill-facts-3)

Caneleira Target · gold

#### Identity

- Hole ID: 26CN051
- Project: Caneleira Target
- Commodity: gold
- Region: brazil
- Reported Region: brazil
- Ticker: LGC.V

#### Geometry

- Grade: 17.29
- Grade Unit: g/t
- Intercept: 2 m
- From: 11 m
- To: 13 m
- Intercept Depth: 11 m

#### Classification

- Sample Type: drill
- Group ID: 26CN051:11-13
- Mining Method: open\_pit

#### Location

- Location: Caneleira
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories Inc.
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-14T00:00:00.000Z

Reasoning: High grade sub-interval of 17.29 g/t Au.

- Positive factor: Strong grade intercept

Evidence · text

> including 17.29 g/t Au over a drilled width of 2m from 11m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "-  The decision follows the high-grade, near-surface results announced on \[August 24, 2026\]\(https://api.newsfilecorp.co"

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
