Lavras Gold Confirms Northwest - Southeast Trending Vein System at Caneleira Gold Target in Brazil

Original announcement by tmx on

Company
Lavras Gold Corp.
Ticker
LGC
Exchange
TSX
Region
Brazil
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Resource update
Extracted
2026-09-18 06:44:38 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Lavras Gold Corp. announced new drill results from its Caneleira gold target in Brazil, confirming a significant northwest-southeast trending vein system. Highlights include 33.72 g/t gold over 7 metres, with a bonanza intercept of 178.16 g/t gold over 1 metre. The company plans further infill and step-out drilling to advance towards a mineral resource estimate and potentially contribute to early production at its nearby Butiá-Fazenda project.

Reasoning: The document reports new high-grade gold drill results that confirm a significant vein system and advance the exploration model for the Caneleira target, with robust QA/QC, indicating strong potential for resource growth and future development.

Positive factors

  • High-grade gold intercepts reported, including bonanza grades up to 178.16 g/t Au.
  • Drilling confirms a significant northwest-southeast trending mineralized vein system, advancing the geological model.
  • Potential for near-surface mineralization and contribution to early plant feed for the Butiá-Fazenda project.
  • Robust QA/QC procedures are disclosed, including certified lab and QP sign-off.

Negative factors

  • True width of intercepts is not yet known, which may overstate apparent widths.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 43

Extracted facts

Stored fact records: 43. Some facts used in scoring do not have a stored record.

Drill Results (39)

25CN017Lavras do Sul · goldGrade: 0.26Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
25CN017
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.26
Grade Unit
g/t
Intercept
2 m
From
2 m
To
4 m
Hole Depth
267.41 m
Intercept Depth
2 m

Classification

Program
exploration
Sample Type
drill
Group ID
25CN017:2-4
Mining Method
open_pit

Location

Easting
218879
Northing
6588570
Elevation
345 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept, but part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.26”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

25CN017Lavras do Sul · goldGrade: 0.5Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
25CN017
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
2 m
From
134 m
To
136 m
Hole Depth
267.41 m
Intercept Depth
134 m

Classification

Program
exploration
Sample Type
drill
Group ID
25CN017:134-136
Mining Method
open_pit

Location

Easting
218879
Northing
6588570
Elevation
345 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept, but part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.50”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

25CN017Lavras do Sul · goldGrade: 0.86Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
25CN017
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.86
Grade Unit
g/t
Intercept
2 m
From
198 m
To
200 m
Hole Depth
267.41 m
Intercept Depth
198 m

Classification

Program
exploration
Sample Type
drill
Group ID
25CN017:198-200
Mining Method
open_pit

Location

Easting
218879
Northing
6588570
Elevation
345 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept, but part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.86”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

25CN017Lavras do Sul · goldGrade: 0.51Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
25CN017
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.51
Grade Unit
g/t
Intercept
5 m
From
245 m
To
250 m
Hole Depth
267.41 m
Intercept Depth
245 m

Classification

Program
exploration
Sample Type
drill
Group ID
25CN017:245-250
Mining Method
open_pit

Location

Easting
218879
Northing
6588570
Elevation
345 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a moderate width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.51”

Context: 5.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN018Lavras do Sul · goldGrade: 0.23Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
26CN018
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.23
Grade Unit
g/t
Intercept
5 m
From
78 m
To
83 m
Hole Depth
324.91 m
Intercept Depth
78 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN018:78-83
Mining Method
open_pit

Location

Easting
219001
Northing
6588037
Elevation
334 m
Azimuth
20 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a moderate width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.23”

Context: 5.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN018Lavras do Sul · goldGrade: 1.28Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
26CN018
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
1.28
Grade Unit
g/t
Intercept
2 m
From
122 m
To
124 m
Hole Depth
324.91 m
Intercept Depth
122 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN018:122-124
Mining Method
open_pit

Location

Easting
219001
Northing
6588037
Elevation
334 m
Azimuth
20 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Moderate-grade intercept over a narrow width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“1.28”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN018Lavras do Sul · goldGrade: 0.76Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
26CN018
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.76
Grade Unit
g/t
Intercept
2 m
From
246 m
To
248 m
Hole Depth
324.91 m
Intercept Depth
246 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN018:246-248
Mining Method
open_pit

Location

Easting
219001
Northing
6588037
Elevation
334 m
Azimuth
20 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a narrow width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.76”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN019Lavras do Sul · goldGrade: 0.23Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
26CN019
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.23
Grade Unit
g/t
Intercept
2 m
From
2 m
To
4 m
Hole Depth
282.61 m
Intercept Depth
2 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN019:2-4
Mining Method
open_pit

Location

Easting
219003
Northing
6588454
Elevation
354 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a narrow width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.23”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN019Lavras do Sul · goldGrade: 2.63Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
26CN019
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
2.63
Grade Unit
g/t
Intercept
2 m
From
19 m
To
21 m
Hole Depth
282.61 m
Intercept Depth
19 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN019:19-21
Mining Method
open_pit

Location

Easting
219003
Northing
6588454
Elevation
354 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Strong-grade intercept over a narrow width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“2.63”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN019Lavras do Sul · goldGrade: 33.72Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
26CN019
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
33.72
Grade Unit
g/t
Intercept
7 m
From
107 m
To
114 m
Hole Depth
282.61 m
Intercept Depth
107 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN019:107-114
Mining Method
open_pit

Location

Easting
219003
Northing
6588454
Elevation
354 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Exceptional high-grade gold intercept over a good width, indicating significant mineralization. This is a bonanza intercept.

Positive factors

  • Bonanza Intercept

Negative factors

  • True width not known.

Evidence · table

“33.72”

Context: 7.00

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: The intercept of 33.72 g/t gold over 7 metres is well above the exceptional threshold for gold in an open pit setting (>=5 g/t).

Evidence · table

“33.72”

Context: 7.00

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN019Lavras do Sul · goldGrade: 64.24Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
26CN019
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
64.24
Grade Unit
g/t
Intercept
4 m
From
107 m
To
111 m
Hole Depth
282.61 m
Intercept Depth
107 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN019:107-111
Mining Method
open_pit

Location

Easting
219003
Northing
6588454
Elevation
354 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Exceptional high-grade gold sub-intercept over a good width, further enhancing the significance of the main intercept. This is a bonanza intercept.

Positive factors

  • Bonanza Intercept

Negative factors

  • True width not known.

Evidence · table

“64.24”

Context: 4.00

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: The intercept of 64.24 g/t gold over 4 metres is well above the exceptional threshold for gold in an open pit setting (>=5 g/t).

Evidence · table

“64.24”

Context: 4.00

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN019Lavras do Sul · goldGrade: 178.16Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
26CN019
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
178.16
Grade Unit
g/t
Intercept
1 m
From
110 m
To
111 m
Hole Depth
282.61 m
Intercept Depth
110 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN019:110-111
Mining Method
open_pit

Location

Easting
219003
Northing
6588454
Elevation
354 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Extremely high-grade gold sub-intercept, representing a bonanza grade within the broader interval. This is a bonanza intercept.

Positive factors

  • Bonanza Intercept

Negative factors

  • True width not known.

Evidence · table

“178.16”

Context: 1.00

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: The intercept of 178.16 g/t gold over 1 metre is exceptionally high-grade, far exceeding the exceptional threshold for gold in an open pit setting (>=5 g/t).

Evidence · table

“178.16”

Context: 1.00

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN019Lavras do Sul · goldGrade: 0.7Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
26CN019
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.7
Grade Unit
g/t
Intercept
4 m
From
121 m
To
125 m
Hole Depth
282.61 m
Intercept Depth
121 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN019:121-125
Mining Method
open_pit

Location

Easting
219003
Northing
6588454
Elevation
354 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a moderate width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.70”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN020Lavras do Sul · goldGrade: 3.88Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
26CN020
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
3.88
Grade Unit
g/t
Intercept
2 m
From
149 m
To
151 m
Hole Depth
181.95 m
Intercept Depth
149 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN020:149-151
Mining Method
open_pit

Location

Easting
219094
Northing
6588347
Elevation
340 m
Azimuth
290 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Strong-grade intercept over a narrow width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“3.88”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN020Lavras do Sul · goldGrade: 6.45Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
26CN020
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
6.45
Grade Unit
g/t
Intercept
1 m
From
149 m
To
150 m
Hole Depth
181.95 m
Intercept Depth
149 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN020:149-150
Mining Method
open_pit

Location

Easting
219094
Northing
6588347
Elevation
340 m
Azimuth
290 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Exceptional high-grade gold sub-intercept over a narrow width, indicating significant mineralization. This is a bonanza intercept.

Positive factors

  • Bonanza Intercept

Negative factors

  • True width not known.

Evidence · table

“6.45”

Context: 1.00

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: The intercept of 6.45 g/t gold over 1 metre is above the exceptional threshold for gold in an open pit setting (>=5 g/t).

Evidence · table

“6.45”

Context: 1.00

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN021Lavras do Sul · goldGrade: 0.23Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
26CN021
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.23
Grade Unit
g/t
Intercept
4 m
From
35 m
To
39 m
Hole Depth
186.85 m
Intercept Depth
35 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN021:35-39
Mining Method
open_pit

Location

Easting
219131
Northing
6588393
Elevation
336 m
Azimuth
0 °
Dip
90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a moderate width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.23”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN021Lavras do Sul · goldGrade: 0.69Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
26CN021
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.69
Grade Unit
g/t
Intercept
2 m
From
147 m
To
149 m
Hole Depth
186.85 m
Intercept Depth
147 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN021:147-149
Mining Method
open_pit

Location

Easting
219131
Northing
6588393
Elevation
336 m
Azimuth
0 °
Dip
90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a narrow width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.69”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN023Lavras do Sul · goldGrade: 0.59Grade Unit: g/tIntercept: 1.29 mView all details
Link to this fact

Identity

Hole ID
26CN023
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.59
Grade Unit
g/t
Intercept
1.29 m
From
126.41 m
To
127.7 m
Hole Depth
243.85 m
Intercept Depth
126.41 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN023:126.41-127.7
Mining Method
open_pit

Location

Easting
219097
Northing
6588346
Elevation
339 m
Azimuth
335 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a narrow width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.59”

Context: 1.29

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN023Lavras do Sul · goldGrade: 1.08Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
26CN023
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
1.08
Grade Unit
g/t
Intercept
4 m
From
180 m
To
184 m
Hole Depth
243.85 m
Intercept Depth
180 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN023:180-184
Mining Method
open_pit

Location

Easting
219097
Northing
6588346
Elevation
339 m
Azimuth
335 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Moderate-grade intercept over a moderate width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“1.08”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN024Lavras do Sul · goldGrade: 0.55Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
26CN024
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.55
Grade Unit
g/t
Intercept
4 m
From
70 m
To
74 m
Hole Depth
248.93 m
Intercept Depth
70 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN024:70-74
Mining Method
open_pit

Location

Easting
219135
Northing
6588385
Elevation
344 m
Azimuth
335 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a moderate width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.55”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN024Lavras do Sul · goldGrade: 3.08Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
26CN024
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
3.08
Grade Unit
g/t
Intercept
2 m
From
108 m
To
110 m
Hole Depth
248.93 m
Intercept Depth
108 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN024:108-110
Mining Method
open_pit

Location

Easting
219135
Northing
6588385
Elevation
344 m
Azimuth
335 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Strong-grade intercept over a narrow width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“3.08”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN024Lavras do Sul · goldGrade: 0.55Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
26CN024
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.55
Grade Unit
g/t
Intercept
10 m
From
141 m
To
151 m
Hole Depth
248.93 m
Intercept Depth
141 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN024:141-151
Mining Method
open_pit

Location

Easting
219135
Northing
6588385
Elevation
344 m
Azimuth
335 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a good width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.55”

Context: 10.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN024Lavras do Sul · goldGrade: 0.77Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
26CN024
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.77
Grade Unit
g/t
Intercept
8 m
From
174 m
To
182 m
Hole Depth
248.93 m
Intercept Depth
174 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN024:174-182
Mining Method
open_pit

Location

Easting
219135
Northing
6588385
Elevation
344 m
Azimuth
335 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a good width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.77”

Context: 8.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN024Lavras do Sul · goldGrade: 0.57Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
26CN024
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
6 m
From
187 m
To
193 m
Hole Depth
248.93 m
Intercept Depth
187 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN024:187-193
Mining Method
open_pit

Location

Easting
219135
Northing
6588385
Elevation
344 m
Azimuth
335 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a moderate width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.57”

Context: 6.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN024Lavras do Sul · goldGrade: 0.4Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
26CN024
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
7 m
From
200 m
To
207 m
Hole Depth
248.93 m
Intercept Depth
200 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN024:200-207
Mining Method
open_pit

Location

Easting
219135
Northing
6588385
Elevation
344 m
Azimuth
335 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a good width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.40”

Context: 7.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN024Lavras do Sul · goldGrade: 4.54Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
26CN024
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
4.54
Grade Unit
g/t
Intercept
1 m
From
226 m
To
227 m
Hole Depth
248.93 m
Intercept Depth
226 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN024:226-227
Mining Method
open_pit

Location

Easting
219135
Northing
6588385
Elevation
344 m
Azimuth
335 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Strong-grade intercept over a narrow width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“4.54”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN024Lavras do Sul · goldGrade: 0.34Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
26CN024
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.34
Grade Unit
g/t
Intercept
2 m
From
233 m
To
235 m
Hole Depth
248.93 m
Intercept Depth
233 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN024:233-235
Mining Method
open_pit

Location

Easting
219135
Northing
6588385
Elevation
344 m
Azimuth
335 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a narrow width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.34”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN025Lavras do Sul · goldGrade: 1.17Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
26CN025
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
1.17
Grade Unit
g/t
Intercept
4 m
From
76 m
To
80 m
Hole Depth
249.84 m
Intercept Depth
76 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN025:76-80
Mining Method
open_pit

Location

Easting
219167
Northing
6588465
Elevation
330 m
Azimuth
290 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Moderate-grade intercept over a moderate width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“1.17”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN025Lavras do Sul · goldGrade: 1.84Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
26CN025
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
1.84
Grade Unit
g/t
Intercept
10 m
From
106 m
To
116 m
Hole Depth
249.84 m
Intercept Depth
106 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN025:106-116
Mining Method
open_pit

Location

Easting
219167
Northing
6588465
Elevation
330 m
Azimuth
290 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Moderate-grade intercept over a good width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“1.84”

Context: 10.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN025Lavras do Sul · goldGrade: 8.56Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
26CN025
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
8.56
Grade Unit
g/t
Intercept
2 m
From
111 m
To
113 m
Hole Depth
249.84 m
Intercept Depth
111 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN025:111-113
Mining Method
open_pit

Location

Easting
219167
Northing
6588465
Elevation
330 m
Azimuth
290 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Exceptional high-grade gold sub-intercept over a narrow width, indicating significant mineralization. This is a bonanza intercept.

Positive factors

  • Bonanza Intercept

Negative factors

  • True width not known.

Evidence · table

“8.56”

Context: 2.00

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: The intercept of 8.56 g/t gold over 2 metres is above the exceptional threshold for gold in an open pit setting (>=5 g/t).

Evidence · table

“8.56”

Context: 2.00

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN026Lavras do Sul · goldGrade: 0.65Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
26CN026
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.65
Grade Unit
g/t
Intercept
2 m
From
164 m
To
166 m
Hole Depth
255.95 m
Intercept Depth
164 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN026:164-166
Mining Method
open_pit

Location

Easting
219135
Northing
6588574
Elevation
339 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a narrow width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.65”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN026Lavras do Sul · goldGrade: 2.53Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
26CN026
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
2.53
Grade Unit
g/t
Intercept
9 m
From
194 m
To
203 m
Hole Depth
255.95 m
Intercept Depth
194 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN026:194-203
Mining Method
open_pit

Location

Easting
219135
Northing
6588574
Elevation
339 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Strong-grade intercept over a good width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“2.53”

Context: 9.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN026Lavras do Sul · goldGrade: 5.03Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
26CN026
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
5.03
Grade Unit
g/t
Intercept
4 m
From
197 m
To
201 m
Hole Depth
255.95 m
Intercept Depth
197 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN026:197-201
Mining Method
open_pit

Location

Easting
219135
Northing
6588574
Elevation
339 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Exceptional high-grade gold sub-intercept over a good width, indicating significant mineralization. This is a bonanza intercept.

Positive factors

  • Bonanza Intercept

Negative factors

  • True width not known.

Evidence · table

“5.03”

Context: 4.00

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: The intercept of 5.03 g/t gold over 4 metres is above the exceptional threshold for gold in an open pit setting (>=5 g/t).

Evidence · table

“5.03”

Context: 4.00

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN026Lavras do Sul · goldGrade: 13.92Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
26CN026
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
13.92
Grade Unit
g/t
Intercept
1 m
From
197 m
To
198 m
Hole Depth
255.95 m
Intercept Depth
197 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN026:197-198
Mining Method
open_pit

Location

Easting
219135
Northing
6588574
Elevation
339 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Exceptional high-grade gold sub-intercept over a narrow width, indicating significant mineralization. This is a bonanza intercept.

Positive factors

  • Bonanza Intercept

Negative factors

  • True width not known.

Evidence · table

“13.92”

Context: 1.00

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: The intercept of 13.92 g/t gold over 1 metre is well above the exceptional threshold for gold in an open pit setting (>=5 g/t).

Evidence · table

“13.92”

Context: 1.00

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN026Lavras do Sul · goldGrade: 1.26Grade Unit: g/tIntercept: 6.81 mView all details
Link to this fact

Identity

Hole ID
26CN026
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
1.26
Grade Unit
g/t
Intercept
6.81 m
From
227.19 m
To
234 m
Hole Depth
255.95 m
Intercept Depth
227.19 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN026:227.19-234
Mining Method
open_pit

Location

Easting
219135
Northing
6588574
Elevation
339 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Moderate-grade intercept over a good width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“1.26”

Context: 6.81

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN026Lavras do Sul · goldGrade: 5.1Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
26CN026
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
5.1
Grade Unit
g/t
Intercept
1 m
From
231 m
To
232 m
Hole Depth
255.95 m
Intercept Depth
231 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN026:231-232
Mining Method
open_pit

Location

Easting
219135
Northing
6588574
Elevation
339 m
Azimuth
110 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Exceptional high-grade gold sub-intercept over a narrow width, indicating significant mineralization. This is a bonanza intercept.

Positive factors

  • Bonanza Intercept

Negative factors

  • True width not known.

Evidence · table

“5.10”

Context: 1.00

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: The intercept of 5.10 g/t gold over 1 metre is above the exceptional threshold for gold in an open pit setting (>=5 g/t).

Evidence · table

“5.10”

Context: 1.00

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN027Lavras do Sul · goldGrade: 0.67Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
26CN027
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.67
Grade Unit
g/t
Intercept
3 m
From
155 m
To
158 m
Hole Depth
288.66 m
Intercept Depth
155 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN027:155-158
Mining Method
open_pit

Location

Easting
219080
Northing
6588327
Elevation
345 m
Azimuth
0 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a narrow width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.67”

Context: 3.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN027Lavras do Sul · goldGrade: 6.87Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
26CN027
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
6.87
Grade Unit
g/t
Intercept
1 m
From
163 m
To
164 m
Hole Depth
288.66 m
Intercept Depth
163 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN027:163-164
Mining Method
open_pit

Location

Easting
219080
Northing
6588327
Elevation
345 m
Azimuth
0 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Exceptional high-grade gold intercept over a narrow width, indicating significant mineralization. This is a bonanza intercept.

Positive factors

  • Bonanza Intercept

Negative factors

  • True width not known.

Evidence · table

“6.87”

Context: 1.00

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: The intercept of 6.87 g/t gold over 1 metre is above the exceptional threshold for gold in an open pit setting (>=5 g/t).

Evidence · table

“6.87”

Context: 1.00

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26CN027Lavras do Sul · goldGrade: 0.38Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
26CN027
Project
Lavras do Sul
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.38
Grade Unit
g/t
Intercept
4 m
From
275 m
To
279 m
Hole Depth
288.66 m
Intercept Depth
275 m

Classification

Program
exploration
Sample Type
drill
Group ID
26CN027:275-279
Mining Method
open_pit

Location

Easting
219080
Northing
6588327
Elevation
345 m
Azimuth
0 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Low-grade intercept over a moderate width, part of a new exploration program with good QA/QC.

Negative factors

  • True width not known.

Evidence · table

“0.38”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Resource Estimates (4)

indicatedButiá Gold Prospect · goldContained Metal: 377000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Butiá Gold Prospect
Commodity
gold
Region
rio grande do sul, brasil
Reported Region
Rio Grande do Sul, Brasil
Ticker
LGC

Resource scope

Estimate type
resource
Effective date
2022-01-25T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:448c6342213f6159365a

Resource Data

Category
indicated
Contained Metal
377000
Contained Unit
oz

Prior Estimate

Resource Date
2022-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2022-01-25T00:00:00.000Z

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Historical Indicated Resource estimate for the Butiá Gold Prospect, compliant with NI 43-101, but effective date is over 2 years old.

Positive factors

  • Indicated Resource

Negative factors

  • Stale Estimate

Evidence · text

“Butiá with 377,000 ounces of gold in the Measured and Indicated categories”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is reported in the Indicated category, indicating reasonable geological confidence.

Evidence · text

“377,000 ounces of gold in the Measured and Indicated categories”

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The effective date of the resource estimate (January 25, 2022) is more than 2 years old.

Evidence · text

“January 25, 2022 (Effective Date)”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

inferredButiá Gold Prospect · goldContained Metal: 115000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Butiá Gold Prospect
Commodity
gold
Region
rio grande do sul, brasil
Reported Region
Rio Grande do Sul, Brasil
Ticker
LGC

Resource scope

Estimate type
resource
Effective date
2022-01-25T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:210fa59a3f150223e406

Resource Data

Category
inferred
Contained Metal
115000
Contained Unit
oz

Prior Estimate

Resource Date
2022-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2022-01-25T00:00:00.000Z

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Historical Inferred Resource estimate for the Butiá Gold Prospect, compliant with NI 43-101, but effective date is over 2 years old and Inferred resources have lower confidence.

Negative factors

  • Inferred Resource
  • Stale Estimate

Evidence · text

“115,000 ounces of gold in the Inferred category”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource is reported in the Inferred category, which is speculative and cannot support economic studies alone.

Evidence · text

“115,000 ounces of gold in the Inferred category”

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The effective date of the resource estimate (January 25, 2022) is more than 2 years old.

Evidence · text

“January 25, 2022 (Effective Date)”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

indicatedCerrito Gold Prospect · goldContained Metal: 188000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cerrito Gold Prospect
Commodity
gold
Region
rio grande do sul, brasil
Reported Region
Rio Grande do Sul, Brasil
Ticker
LGC

Resource scope

Estimate type
resource
Effective date
2022-05-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:323deb3894961002fff2

Resource Data

Category
indicated
Contained Metal
188000
Contained Unit
oz

Prior Estimate

Resource Date
2022-05-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2022-05-31T00:00:00.000Z

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Historical Indicated Resource estimate for the Cerrito Gold Prospect, compliant with NI 43-101, but effective date is over 2 years old.

Positive factors

  • Indicated Resource

Negative factors

  • Stale Estimate

Evidence · text

“188,000 ounces of gold in the Indicated category”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is reported in the Indicated category, indicating reasonable geological confidence.

Evidence · text

“188,000 ounces of gold in the Indicated category”

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The effective date of the resource estimate (May 31, 2022) is more than 2 years old.

Evidence · text

“May 31, 2022 (Effective Date)”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

inferredCerrito Gold Prospect · goldContained Metal: 293000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cerrito Gold Prospect
Commodity
gold
Region
rio grande do sul, brasil
Reported Region
Rio Grande do Sul, Brasil
Ticker
LGC

Resource scope

Estimate type
resource
Effective date
2022-05-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:06721c4474fe3bc1c14b

Resource Data

Category
inferred
Contained Metal
293000
Contained Unit
oz

Prior Estimate

Resource Date
2022-05-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2022-05-31T00:00:00.000Z

Dates

Event date
2026-05-19T00:00:00.000Z

Reasoning: Historical Inferred Resource estimate for the Cerrito Gold Prospect, compliant with NI 43-101, but effective date is over 2 years old and Inferred resources have lower confidence.

Negative factors

  • Inferred Resource
  • Stale Estimate

Evidence · text

“293,000 ounces of gold in the Inferred category”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource is reported in the Inferred category, which is speculative and cannot support economic studies alone.

Evidence · text

“293,000 ounces of gold in the Inferred category”

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The effective date of the resource estimate (May 31, 2022) is more than 2 years old.

Evidence · text

“May 31, 2022 (Effective Date)”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

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.