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

Original announcement by tmx on

Company
Lavras Gold Corp.
Ticker
LGC
Exchange
TSX
Region
Rio Grande do Sul, Brazil
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Resource update, Permitting
Extracted
2026-09-18 07:10:16 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Lavras Gold Corp. announced new drill results from its LDS Project in Southern Brazil, including a highlight intercept of 228 metres grading 1.1 g/t gold from 115 metres in hole 25BT062. The drilling confirmed geological continuity between the Butiá Gold Deposit and Fazenda do Posto Gold Discovery, and extended mineralization with successful step-out holes. The company also reported the commencement of an Environmental and Social Impact Study (EIA), a key step in de-risking the project towards potential commercial gold mining. The release also references a historical NI 43-101 compliant resource estimate for Butiá.

Reasoning: New drill results from the LDS Project in Southern Brazil confirm significant gold mineralization over long intercepts, including high-grade zones, and establish continuity between two key deposits. This advances the project towards economic feasibility and commercial production, supported by the commencement of the permitting process.

Positive factors

  • Long, high-grade gold intercepts
  • Confirmation of geological continuity between Butiá and Fazenda do Posto deposits
  • Successful step-out drilling extending mineralization
  • Commencement of Environmental and Social Impact Study (EIA) as a de-risking step
  • Robust QA/QC program disclosed

Negative factors

  • True widths of intercepts not yet determined

Facts used in scoring: 60

Extracted facts

Stored fact records: 60. Some facts used in scoring do not have a stored record.

Drill Results (60)

25BT055LDS · goldGrade: 1.32Grade Unit: g/tIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
25BT055
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
1.32
Grade Unit
g/t
Intercept
13 m
From
53 m
To
66 m
Hole Depth
158.4 m
Intercept Depth
53 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT055:53-66
Mining Method
open_pit

Location

Location
Butiá
Easting
218136
Northing
6586374
Elevation
394 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: Intercept of 13.0m at 1.32 g/t gold is a good result, contributing to the overall resource definition.

Positive factors

  • Moderate grade over a good intercept length

Negative factors

  • Apparent width only

Evidence · table

“1.320”

Context: 13.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT057LDS · goldGrade: 0.805Grade Unit: g/tIntercept: 113 mView all details
Link to this fact

Identity

Hole ID
25BT057
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.805
Grade Unit
g/t
Intercept
113 m
From
0 m
To
113 m
Hole Depth
365.1 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT057:0-113
Mining Method
open_pit

Location

Location
Butiá
Easting
218101
Northing
6586441
Elevation
381 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A significant intercept of 113.0m at 0.805 g/t gold from surface indicates broad mineralization, supporting bulk tonnage potential.

Positive factors

  • Long intercept from surface
  • Good grade for bulk tonnage potential

Negative factors

  • Apparent width only

Evidence · table

“0.805”

Context: 113.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT057LDS · goldGrade: 1.044Grade Unit: g/tIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
25BT057
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
1.044
Grade Unit
g/t
Intercept
14 m
From
23 m
To
37 m
Hole Depth
365.1 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT057:23-37
Mining Method
open_pit

Location

Location
Butiá
Easting
218101
Northing
6586441
Elevation
381 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: An included interval of 14.0m at 1.044 g/t gold contributes positively to the overall mineralization.

Positive factors

  • Good grade over a moderate intercept length

Negative factors

  • Apparent width only

Evidence · table

“1.044”

Context: 14.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT057LDS · goldGrade: 1.157Grade Unit: g/tIntercept: 19 mView all details
Link to this fact

Identity

Hole ID
25BT057
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
1.157
Grade Unit
g/t
Intercept
19 m
From
43 m
To
62 m
Hole Depth
365.1 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT057:43-62
Mining Method
open_pit

Location

Location
Butiá
Easting
218101
Northing
6586441
Elevation
381 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: An included interval of 19.0m at 1.157 g/t gold further enhances the overall mineralization.

Positive factors

  • Good grade over a moderate intercept length

Negative factors

  • Apparent width only

Evidence · table

“1.157”

Context: 19.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT057LDS · goldGrade: 1.273Grade Unit: g/tIntercept: 16 mView all details
Link to this fact

Identity

Hole ID
25BT057
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
1.273
Grade Unit
g/t
Intercept
16 m
From
69 m
To
85 m
Hole Depth
365.1 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT057:69-85
Mining Method
open_pit

Location

Location
Butiá
Easting
218101
Northing
6586441
Elevation
381 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: An included interval of 16.0m at 1.273 g/t gold adds to the overall mineralization profile.

Positive factors

  • Good grade over a moderate intercept length

Negative factors

  • Apparent width only

Evidence · table

“1.273”

Context: 16.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT057LDS · goldGrade: 0.945Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
25BT057
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.945
Grade Unit
g/t
Intercept
11 m
From
102 m
To
113 m
Hole Depth
365.1 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT057:102-113
Mining Method
open_pit

Location

Location
Butiá
Easting
218101
Northing
6586441
Elevation
381 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: An included interval of 11.0m at 0.945 g/t gold contributes to the overall mineralization.

Positive factors

  • Good grade over a moderate intercept length

Negative factors

  • Apparent width only

Evidence · table

“0.945”

Context: 11.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT057LDS · goldGrade: 1.013Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
25BT057
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
1.013
Grade Unit
g/t
Intercept
4 m
From
151 m
To
155 m
Hole Depth
365.1 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT057:151-155
Mining Method
open_pit

Location

Location
Butiá
Easting
218101
Northing
6586441
Elevation
381 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A narrow intercept of 4.0m at 1.013 g/t gold is a minor positive contribution.

Positive factors

  • Moderate grade

Negative factors

  • Narrow intercept
  • Apparent width only

Evidence · table

“1.013”

Context: 4.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT057LDS · goldGrade: 2.743Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
25BT057
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
2.743
Grade Unit
g/t
Intercept
1 m
From
151 m
To
152 m
Hole Depth
365.1 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT057:151-152
Mining Method
open_pit

Location

Location
Butiá
Easting
218101
Northing
6586441
Elevation
381 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow, high-grade intercept of 1.0m at 2.743 g/t gold is a minor positive.

Positive factors

  • High grade

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“2.743”

Context: 1.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT057LDS · goldGrade: 0.205Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
25BT057
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.205
Grade Unit
g/t
Intercept
10 m
From
189 m
To
199 m
Hole Depth
365.1 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT057:189-199
Mining Method
open_pit

Location

Location
Butiá
Easting
218101
Northing
6586441
Elevation
381 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A low-grade intercept of 10.0m at 0.205 g/t gold is at the cut-off, providing limited economic contribution.

Negative factors

  • Low grade
  • Apparent width only

Evidence · table

“0.205”

Context: 10.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT057LDS · goldGrade: 0.293Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
25BT057
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.293
Grade Unit
g/t
Intercept
3 m
From
213 m
To
216 m
Hole Depth
365.1 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT057:213-216
Mining Method
open_pit

Location

Location
Butiá
Easting
218101
Northing
6586441
Elevation
381 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A narrow intercept of 3.0m at 0.293 g/t gold is a minor positive contribution.

Negative factors

  • Narrow intercept
  • Apparent width only

Evidence · table

“0.293”

Context: 3.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT057LDS · goldGrade: 0.216Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
25BT057
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.216
Grade Unit
g/t
Intercept
2 m
From
245 m
To
247 m
Hole Depth
365.1 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT057:245-247
Mining Method
open_pit

Location

Location
Butiá
Easting
218101
Northing
6586441
Elevation
381 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow, low-grade intercept of 2.0m at 0.216 g/t gold is at the cut-off, providing limited economic contribution.

Negative factors

  • Low grade
  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.216”

Context: 2.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT057LDS · goldGrade: 0.377Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
25BT057
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.377
Grade Unit
g/t
Intercept
4 m
From
281 m
To
285 m
Hole Depth
365.1 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT057:281-285
Mining Method
open_pit

Location

Location
Butiá
Easting
218101
Northing
6586441
Elevation
381 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A narrow intercept of 4.0m at 0.377 g/t gold is a minor positive contribution.

Negative factors

  • Narrow intercept
  • Apparent width only

Evidence · table

“0.377”

Context: 4.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT062LDS · goldGrade: 0.761Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
25BT062
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.761
Grade Unit
g/t
Intercept
4 m
From
0 m
To
4 m
Hole Depth
508.3 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT062:0-4
Mining Method
open_pit

Location

Location
Butiá
Easting
218188
Northing
6586512
Elevation
382 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A narrow intercept of 4.0m at 0.761 g/t gold from surface is a minor positive, indicating near-surface mineralization.

Positive factors

  • Moderate grade from surface

Negative factors

  • Narrow intercept
  • Apparent width only

Evidence · table

“0.761”

Context: 4.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT062LDS · goldGrade: 1.743Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
25BT062
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
1.743
Grade Unit
g/t
Intercept
1 m
From
3 m
To
4 m
Hole Depth
508.3 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT062:3-4
Mining Method
open_pit

Location

Location
Butiá
Easting
218188
Northing
6586512
Elevation
382 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow, high-grade intercept of 1.0m at 1.743 g/t gold is a minor positive contribution.

Positive factors

  • High grade

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“1.743”

Context: 1.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT062LDS · goldGrade: 0.196Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
25BT062
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.196
Grade Unit
g/t
Intercept
4 m
From
12 m
To
16 m
Hole Depth
508.3 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT062:12-16
Mining Method
open_pit

Location

Location
Butiá
Easting
218188
Northing
6586512
Elevation
382 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A narrow intercept of 4.0m at 0.196 g/t gold is below the stated cut-off, indicating sub-economic mineralization.

Negative factors

  • Below cut-off grade
  • Narrow intercept
  • Apparent width only

Evidence · table

“0.196”

Context: 4.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT062LDS · goldGrade: 0.529Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
25BT062
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.529
Grade Unit
g/t
Intercept
6 m
From
55 m
To
61 m
Hole Depth
508.3 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT062:55-61
Mining Method
open_pit

Location

Location
Butiá
Easting
218188
Northing
6586512
Elevation
382 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A narrow intercept of 6.0m at 0.529 g/t gold is a positive contribution.

Positive factors

  • Moderate grade

Negative factors

  • Narrow intercept
  • Apparent width only

Evidence · table

“0.529”

Context: 6.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT062LDS · goldGrade: 2.133Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
25BT062
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
2.133
Grade Unit
g/t
Intercept
1 m
From
58 m
To
59 m
Hole Depth
508.3 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT062:58-59
Mining Method
open_pit

Location

Location
Butiá
Easting
218188
Northing
6586512
Elevation
382 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow, high-grade intercept of 1.0m at 2.133 g/t gold is a minor positive.

Positive factors

  • High grade

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“2.133”

Context: 1.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT062LDS · goldGrade: 0.166Grade Unit: g/tIntercept: 17 mView all details
Link to this fact

Identity

Hole ID
25BT062
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.166
Grade Unit
g/t
Intercept
17 m
From
64 m
To
81 m
Hole Depth
508.3 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT062:64-81
Mining Method
open_pit

Location

Location
Butiá
Easting
218188
Northing
6586512
Elevation
382 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A low-grade intercept of 17.0m at 0.166 g/t gold is below the stated cut-off, indicating sub-economic mineralization.

Negative factors

  • Below cut-off grade
  • Apparent width only

Evidence · table

“0.166”

Context: 17.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT062LDS · goldGrade: 1.132Grade Unit: g/tIntercept: 228 mView all details
Link to this fact

Identity

Hole ID
25BT062
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
1.132
Grade Unit
g/t
Intercept
228 m
From
115 m
To
343 m
Hole Depth
508.3 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT062:115-343
Mining Method
open_pit

Location

Location
Butiá
Easting
218188
Northing
6586512
Elevation
382 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: An exceptional intercept of 228.0m at 1.132 g/t gold is a highly material result, confirming significant mineralization and continuity between Butiá and Fazenda do Posto.

Positive factors

  • Exceptional intercept length
  • Strong grade for bulk tonnage
  • Confirms continuity between deposits

Negative factors

  • Apparent width only

Evidence · table

“1.132”

Context: 228.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT062LDS · goldGrade: 3.188Grade Unit: g/tIntercept: 62 mView all details
Link to this fact

Identity

Hole ID
25BT062
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
3.188
Grade Unit
g/t
Intercept
62 m
From
159 m
To
221 m
Hole Depth
508.3 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT062:159-221
Mining Method
open_pit

Location

Location
Butiá
Easting
218188
Northing
6586512
Elevation
382 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: An included high-grade intercept of 62.0m at 3.188 g/t gold significantly enhances the overall economic potential of the broader interval.

Positive factors

  • Exceptional grade over a strong intercept length
  • High-grade sub-interval

Negative factors

  • Apparent width only

Evidence · table

“3.188”

Context: 62.00

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“3.188”

Context: 62.00

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT062LDS · goldGrade: 2.702Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
25BT062
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
2.702
Grade Unit
g/t
Intercept
3 m
From
374 m
To
377 m
Hole Depth
508.3 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT062:374-377
Mining Method
open_pit

Location

Location
Butiá
Easting
218188
Northing
6586512
Elevation
382 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow, high-grade intercept of 3.0m at 2.702 g/t gold is a minor positive contribution.

Positive factors

  • High grade

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“2.702”

Context: 3.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT062LDS · goldGrade: 0.228Grade Unit: g/tIntercept: 17 mView all details
Link to this fact

Identity

Hole ID
25BT062
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.228
Grade Unit
g/t
Intercept
17 m
From
386 m
To
403 m
Hole Depth
508.3 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT062:386-403
Mining Method
open_pit

Location

Location
Butiá
Easting
218188
Northing
6586512
Elevation
382 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A low-grade intercept of 17.0m at 0.228 g/t gold is at the cut-off, providing limited economic contribution.

Negative factors

  • Low grade
  • Apparent width only

Evidence · table

“0.228”

Context: 17.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT062LDS · goldGrade: 0.258Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
25BT062
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.258
Grade Unit
g/t
Intercept
12 m
From
452 m
To
464 m
Hole Depth
508.3 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
25BT062:452-464
Mining Method
open_pit

Location

Location
Butiá
Easting
218188
Northing
6586512
Elevation
382 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A low-grade intercept of 12.0m at 0.258 g/t gold is a minor positive contribution.

Negative factors

  • Low grade
  • Apparent width only

Evidence · table

“0.258”

Context: 12.00

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

24FP033LDS · goldGrade: 0.396Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
24FP033
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.396
Grade Unit
g/t
Intercept
1 m
From
218 m
To
219 m
Hole Depth
607.2 m
Intercept Depth
218 m

Classification

Program
mixed
Sample Type
drill
Group ID
24FP033:218-219
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217636
Northing
6586932
Elevation
381 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow intercept of 1.0m at 0.396 g/t gold is a minor positive contribution.

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.396”

Context: 1

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

24FP033LDS · goldGrade: 0.294Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
24FP033
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.294
Grade Unit
g/t
Intercept
2 m
From
434 m
To
436 m
Hole Depth
607.2 m
Intercept Depth
434 m

Classification

Program
mixed
Sample Type
drill
Group ID
24FP033:434-436
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217636
Northing
6586932
Elevation
381 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow intercept of 2.0m at 0.294 g/t gold is a minor positive contribution.

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.294”

Context: 2

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

24FP033LDS · goldGrade: 0.226Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
24FP033
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.226
Grade Unit
g/t
Intercept
2 m
From
527 m
To
529 m
Hole Depth
607.2 m
Intercept Depth
527 m

Classification

Program
mixed
Sample Type
drill
Group ID
24FP033:527-529
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217636
Northing
6586932
Elevation
381 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow, low-grade intercept of 2.0m at 0.226 g/t gold is at the cut-off, providing limited economic contribution.

Negative factors

  • Low grade
  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.226”

Context: 2

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP037LDS · goldGrade: 0.514Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
25FP037
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.514
Grade Unit
g/t
Intercept
1 m
From
2 m
To
3 m
Hole Depth
228.5 m
Intercept Depth
2 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP037:2-3
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217846
Northing
6586430
Elevation
395.4 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow intercept of 1.0m at 0.514 g/t gold is a minor positive contribution.

Positive factors

  • Moderate grade

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.514”

Context: 1

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP037LDS · goldGrade: 0.732Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
25FP037
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.732
Grade Unit
g/t
Intercept
1 m
From
154 m
To
155 m
Hole Depth
228.5 m
Intercept Depth
154 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP037:154-155
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217846
Northing
6586430
Elevation
395.4 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow intercept of 1.0m at 0.732 g/t gold is a minor positive contribution.

Positive factors

  • Moderate grade

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.732”

Context: 1

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP037LDS · goldGrade: 0.273Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
25FP037
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.273
Grade Unit
g/t
Intercept
2 m
From
158 m
To
160 m
Hole Depth
228.5 m
Intercept Depth
158 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP037:158-160
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217846
Northing
6586430
Elevation
395.4 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow intercept of 2.0m at 0.273 g/t gold is a minor positive contribution.

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.273”

Context: 2

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP037LDS · goldGrade: 0.353Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
25FP037
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.353
Grade Unit
g/t
Intercept
1 m
From
170 m
To
171 m
Hole Depth
228.5 m
Intercept Depth
170 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP037:170-171
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217846
Northing
6586430
Elevation
395.4 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow intercept of 1.0m at 0.353 g/t gold is a minor positive contribution.

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.353”

Context: 1

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP037LDS · goldGrade: 0.236Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
25FP037
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.236
Grade Unit
g/t
Intercept
1 m
From
183 m
To
184 m
Hole Depth
228.5 m
Intercept Depth
183 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP037:183-184
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217846
Northing
6586430
Elevation
395.4 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow, low-grade intercept of 1.0m at 0.236 g/t gold is at the cut-off, providing limited economic contribution.

Negative factors

  • Low grade
  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.236”

Context: 1

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP037LDS · goldGrade: 0.204Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
25FP037
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.204
Grade Unit
g/t
Intercept
2 m
From
187 m
To
189 m
Hole Depth
228.5 m
Intercept Depth
187 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP037:187-189
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217846
Northing
6586430
Elevation
395.4 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow, low-grade intercept of 2.0m at 0.204 g/t gold is at the cut-off, providing limited economic contribution.

Negative factors

  • Low grade
  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.204”

Context: 2

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP038LDS · goldGrade: 0.217Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
25FP038
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.217
Grade Unit
g/t
Intercept
10 m
From
167 m
To
177 m
Hole Depth
340 m
Intercept Depth
167 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP038:167-177
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217832
Northing
6586285
Elevation
406.3 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A low-grade intercept of 10.0m at 0.217 g/t gold is at the cut-off, providing limited economic contribution.

Negative factors

  • Low grade
  • Apparent width only

Evidence · table

“0.217”

Context: 10

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP038LDS · goldGrade: 2.548Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
25FP038
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
2.548
Grade Unit
g/t
Intercept
3 m
From
182 m
To
185 m
Hole Depth
340 m
Intercept Depth
182 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP038:182-185
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217832
Northing
6586285
Elevation
406.3 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow, high-grade intercept of 3.0m at 2.548 g/t gold is a minor positive contribution.

Positive factors

  • High grade

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“2.548”

Context: 3

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP038LDS · goldGrade: 0.219Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
25FP038
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.219
Grade Unit
g/t
Intercept
3 m
From
191 m
To
194 m
Hole Depth
340 m
Intercept Depth
191 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP038:191-194
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217832
Northing
6586285
Elevation
406.3 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow, low-grade intercept of 3.0m at 0.219 g/t gold is at the cut-off, providing limited economic contribution.

Negative factors

  • Low grade
  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.219”

Context: 3

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP039LDS · goldGrade: 2.278Grade Unit: g/tIntercept: 44 mView all details
Link to this fact

Identity

Hole ID
25FP039
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
2.278
Grade Unit
g/t
Intercept
44 m
From
325 m
To
369 m
Hole Depth
447.8 m
Intercept Depth
325 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP039:325-369
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217666
Northing
6586702
Elevation
406.5 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A strong intercept of 44.0m at 2.278 g/t gold from a large step-out hole indicates significant mineralization extension.

Positive factors

  • Strong grade over a good intercept length
  • Step-out extension

Negative factors

  • Apparent width only

Evidence · table

“2.278”

Context: 44

Tags used in scoring

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Mineralization extended beyond the previously known limit.

Evidence · text

“Hole 25FP039 was a large step-out hole collared 215 metres northwest of the western edge of Fazenda do Posto”

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP039LDS · goldGrade: 3.637Grade Unit: g/tIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
25FP039
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
3.637
Grade Unit
g/t
Intercept
13 m
From
331 m
To
344 m
Hole Depth
447.8 m
Intercept Depth
325 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP039:331-344
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217666
Northing
6586702
Elevation
406.5 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: An included high-grade intercept of 13.0m at 3.637 g/t gold significantly enhances the overall economic potential.

Positive factors

  • High grade over a good intercept length
  • High-grade sub-interval

Negative factors

  • Apparent width only

Evidence · table

“3.637”

Context: 13

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP039LDS · goldGrade: 15.217Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
25FP039
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
15.217
Grade Unit
g/t
Intercept
2 m
From
391 m
To
393 m
Hole Depth
447.8 m
Intercept Depth
325 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP039:391-393
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217666
Northing
6586702
Elevation
406.5 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very high-grade intercept of 2.0m at 15.217 g/t gold is a significant positive, indicating bonanza grades within the broader mineralization.

Positive factors

  • Exceptional grade
  • High-grade sub-interval

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“15.217”

Context: 2

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“15.217”

Context: 2

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP039LDS · goldGrade: 29.467Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
25FP039
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
29.467
Grade Unit
g/t
Intercept
1 m
From
392 m
To
393 m
Hole Depth
447.8 m
Intercept Depth
325 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP039:392-393
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217666
Northing
6586702
Elevation
406.5 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: An extremely high-grade intercept of 1.0m at 29.467 g/t gold is a bonanza result, indicating very rich mineralization.

Positive factors

  • Exceptional grade
  • High-grade sub-interval

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“29.467”

Context: 1

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“29.467”

Context: 1

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP039LDS · goldGrade: 0.212Grade Unit: g/tIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
25FP039
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.212
Grade Unit
g/t
Intercept
13 m
From
407 m
To
420 m
Hole Depth
447.8 m
Intercept Depth
325 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP039:407-420
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217666
Northing
6586702
Elevation
406.5 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A low-grade intercept of 13.0m at 0.212 g/t gold is at the cut-off, providing limited economic contribution.

Negative factors

  • Low grade
  • Apparent width only

Evidence · table

“0.212”

Context: 13

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP039LDS · goldGrade: 0.375Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
25FP039
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.375
Grade Unit
g/t
Intercept
6 m
From
414 m
To
420 m
Hole Depth
447.8 m
Intercept Depth
325 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP039:414-420
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217666
Northing
6586702
Elevation
406.5 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: An included intercept of 6.0m at 0.375 g/t gold is a minor positive contribution.

Negative factors

  • Narrow intercept
  • Apparent width only

Evidence · table

“0.375”

Context: 6

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP041LDS · goldGrade: 0.205Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
25FP041
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.205
Grade Unit
g/t
Intercept
5 m
From
1 m
To
6 m
Hole Depth
288 m
Intercept Depth
1 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP041:1-6
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217969
Northing
6586326
Elevation
390 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A narrow, low-grade intercept of 5.0m at 0.205 g/t gold is at the cut-off, providing limited economic contribution.

Negative factors

  • Low grade
  • Narrow intercept
  • Apparent width only

Evidence · table

“0.205”

Context: 5

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP041LDS · goldGrade: 0.221Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
25FP041
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.221
Grade Unit
g/t
Intercept
1 m
From
41 m
To
42 m
Hole Depth
288 m
Intercept Depth
1 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP041:41-42
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217969
Northing
6586326
Elevation
390 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow, low-grade intercept of 1.0m at 0.221 g/t gold is at the cut-off, providing limited economic contribution.

Negative factors

  • Low grade
  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.221”

Context: 1

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP041LDS · goldGrade: 0.981Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
25FP041
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.981
Grade Unit
g/t
Intercept
2 m
From
60 m
To
62 m
Hole Depth
288 m
Intercept Depth
1 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP041:60-62
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217969
Northing
6586326
Elevation
390 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow intercept of 2.0m at 0.981 g/t gold is a minor positive contribution.

Positive factors

  • Moderate grade

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.981”

Context: 2

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP041LDS · goldGrade: 0.262Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
25FP041
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.262
Grade Unit
g/t
Intercept
1 m
From
67 m
To
68 m
Hole Depth
288 m
Intercept Depth
1 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP041:67-68
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217969
Northing
6586326
Elevation
390 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow, low-grade intercept of 1.0m at 0.262 g/t gold is a minor positive contribution.

Negative factors

  • Low grade
  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.262”

Context: 1

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP041LDS · goldGrade: 0.781Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
25FP041
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.781
Grade Unit
g/t
Intercept
1 m
From
165 m
To
166 m
Hole Depth
288 m
Intercept Depth
1 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP041:165-166
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217969
Northing
6586326
Elevation
390 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow intercept of 1.0m at 0.781 g/t gold is a minor positive contribution.

Positive factors

  • Moderate grade

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.781”

Context: 1

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP041LDS · goldGrade: 0.33Grade Unit: g/tIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
25FP041
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
13 m
From
204 m
To
217 m
Hole Depth
288 m
Intercept Depth
1 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP041:204-217
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217969
Northing
6586326
Elevation
390 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A low-grade intercept of 13.0m at 0.33 g/t gold is a minor positive contribution.

Negative factors

  • Low grade
  • Apparent width only

Evidence · table

“0.33”

Context: 13

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP041LDS · goldGrade: 0.353Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
25FP041
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.353
Grade Unit
g/t
Intercept
2 m
From
237 m
To
239 m
Hole Depth
288 m
Intercept Depth
1 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP041:237-239
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217969
Northing
6586326
Elevation
390 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow intercept of 2.0m at 0.353 g/t gold is a minor positive contribution.

Negative factors

  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.353”

Context: 2

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP042LDS · goldGrade: 0.267Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
25FP042
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.267
Grade Unit
g/t
Intercept
2 m
From
1 m
To
3 m
Hole Depth
513.9 m
Intercept Depth
1 m

Classification

Program
mixed
Sample Type
drill
Group ID
25FP042:1-3
Mining Method
open_pit

Location

Location
Fazenda do Posto
Easting
217583
Northing
6586756
Elevation
393 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

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-08T00:00:00.000Z

Reasoning: A very narrow, low-grade intercept of 2.0m at 0.267 g/t gold is a minor positive contribution.

Negative factors

  • Low grade
  • Very narrow intercept
  • Apparent width only

Evidence · table

“0.267”

Context: 2

Tags used in scoring

Apparent Width Onlynegative

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

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

Evidence · text

“Intervals represent drill core interval; true widths have not been determined at this time.”

QA/QC Disclosedpositive

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

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

Evidence · text

“Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices. All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample. Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination. Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed. The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“Assumes 0.20 g/t gold cut-off grade, no top cut. The Company has been targeting larger intersections of greater than 0.20 g/t gold.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP045LDS · goldGrade: 2.3Grade Unit: g/tIntercept: 44 mView all details
Link to this fact

Identity

Hole ID
25FP045
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
2.3
Grade Unit
g/t
Intercept
44 m
From
325 m
To
369 m

Classification

Sample Type
drill

Location

Location
Butiá
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
2025-09-08T00:00:00.000Z

Reasoning: Intercept of 13.0m at 1.32 g/t gold is a good result, contributing to the overall resource definition.

Positive factors

  • Moderate grade over a good intercept length

Negative factors

  • Apparent width only

Evidence · text

“44.0 metres grading 2.3 g/t gold from 325.0 metres”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP045LDS · goldGrade: 3.6Grade Unit: g/tIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
25FP045
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
3.6
Grade Unit
g/t
Intercept
13 m
From
331 m
To
344 m

Classification

Sample Type
drill

Location

Location
Butiá
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
2025-09-08T00:00:00.000Z

Reasoning: Intercept of 13.0m at 1.32 g/t gold is a good result, contributing to the overall resource definition.

Positive factors

  • Moderate grade over a good intercept length

Negative factors

  • Apparent width only

Evidence · text

“13.0 metres grading 3.6 g/t gold from 331.0 metres”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25FP045LDS · goldGrade: 15.2Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
25FP045
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
15.2
Grade Unit
g/t
Intercept
2 m
From
391 m
To
393 m

Classification

Sample Type
drill

Location

Location
Butiá
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
2025-09-08T00:00:00.000Z

Reasoning: Intercept of 13.0m at 1.32 g/t gold is a good result, contributing to the overall resource definition.

Positive factors

  • Moderate grade over a good intercept length

Negative factors

  • Apparent width only

Evidence · text

“2.0 metres grading 15.2 g/t gold from 391.0 metres”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT050LDS · goldGrade: 1.5Grade Unit: g/tIntercept: 77 mView all details
Link to this fact

Identity

Hole ID
25BT050
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
1.5
Grade Unit
g/t
Intercept
77 m
From
128 m
To
205 m

Classification

Sample Type
drill

Location

Location
Butiá
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
2025-09-08T00:00:00.000Z

Reasoning: Intercept of 13.0m at 1.32 g/t gold is a good result, contributing to the overall resource definition.

Positive factors

  • Moderate grade over a good intercept length

Negative factors

  • Apparent width only

Evidence · text

“77.0 metres grading 1.5 g/t gold from 128.0 metres”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT050LDS · goldGrade: 0.3Grade Unit: g/tIntercept: 19 mView all details
Link to this fact

Identity

Hole ID
25BT050
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
19 m
From
130 m
To
149 m

Classification

Sample Type
drill

Location

Location
Butiá
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
2025-09-08T00:00:00.000Z

Reasoning: Intercept of 13.0m at 1.32 g/t gold is a good result, contributing to the overall resource definition.

Positive factors

  • Moderate grade over a good intercept length

Negative factors

  • Apparent width only

Evidence · text

“19.0 m grading 0.3 g/t gold from 130.0 metres”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT050LDS · goldGrade: 4.1Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
25BT050
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
4.1
Grade Unit
g/t
Intercept
12 m
From
155 m
To
167 m

Classification

Sample Type
drill

Location

Location
Butiá
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
2025-09-08T00:00:00.000Z

Reasoning: Intercept of 13.0m at 1.32 g/t gold is a good result, contributing to the overall resource definition.

Positive factors

  • Moderate grade over a good intercept length

Negative factors

  • Apparent width only

Evidence · text

“12.0 metres grading 4.1 g/t gold from 155.0 metres”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT050LDS · goldGrade: 0.2Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
25BT050
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.2
Grade Unit
g/t
Intercept
8 m
From
177 m
To
185 m

Classification

Sample Type
drill

Location

Location
Butiá
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
2025-09-08T00:00:00.000Z

Reasoning: Intercept of 13.0m at 1.32 g/t gold is a good result, contributing to the overall resource definition.

Positive factors

  • Moderate grade over a good intercept length

Negative factors

  • Apparent width only

Evidence · text

“8.0 metres grading 0.2 g/t gold from 177.0 metres”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT050LDS · goldGrade: 5.1Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
25BT050
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
5.1
Grade Unit
g/t
Intercept
11 m
From
185 m
To
196 m

Classification

Sample Type
drill

Location

Location
Butiá
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
2025-09-08T00:00:00.000Z

Reasoning: Intercept of 13.0m at 1.32 g/t gold is a good result, contributing to the overall resource definition.

Positive factors

  • Moderate grade over a good intercept length

Negative factors

  • Apparent width only

Evidence · text

“11.0 metres grading 5.1 g/t gold from 185.0 metres”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT050LDS · goldGrade: 41.7Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
25BT050
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
41.7
Grade Unit
g/t
Intercept
1 m
From
194 m
To
195 m

Classification

Sample Type
drill

Location

Location
Butiá
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
2025-09-08T00:00:00.000Z

Reasoning: Intercept of 13.0m at 1.32 g/t gold is a good result, contributing to the overall resource definition.

Positive factors

  • Moderate grade over a good intercept length

Negative factors

  • Apparent width only

Evidence · text

“1.0 metre grading 41.7 g/t gold from 194.0 m”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT050LDS · goldGrade: 1.4Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
25BT050
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
1.4
Grade Unit
g/t
Intercept
3 m
From
202 m
To
205 m

Classification

Sample Type
drill

Location

Location
Butiá
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
2025-09-08T00:00:00.000Z

Reasoning: Intercept of 13.0m at 1.32 g/t gold is a good result, contributing to the overall resource definition.

Positive factors

  • Moderate grade over a good intercept length

Negative factors

  • Apparent width only

Evidence · text

“3.0 metres grading 1.4 g/t gold from 202.0 metres”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

25BT050LDS · goldGrade: 0.4Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
25BT050
Project
LDS
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
LGC

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
1 m
From
230 m
To
231 m

Classification

Sample Type
drill

Location

Location
Butiá
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
2025-09-08T00:00:00.000Z

Reasoning: Intercept of 13.0m at 1.32 g/t gold is a good result, contributing to the overall resource definition.

Positive factors

  • Moderate grade over a good intercept length

Negative factors

  • Apparent width only

Evidence · text

“1.0 metre grading 0.4 g/t gold from 230.0 metres”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With more than 58,000 metres of drilling and 209 drill holes having been completed on the Butiá and Fazenda do Posto con"

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.