Lavras Gold Corp. Participates in a Mining Industry Technical Forum Focused on the Economic Growth of the State of Rio Grande do Sul and 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
Resource update
Extracted
2026-09-18 07:05:52 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Lavras Gold Corp. announced its participation in a mining industry technical forum in Rio Grande do Sul, Brazil. The release also restates the current mineral resource estimates for the Butiá and Cerrito gold deposits within the LDS Project.

Reasoning: The document is primarily a corporate announcement regarding participation in a technical forum, but it includes a restatement of the current mineral resource estimates for the Butiá and Cerrito deposits.

Positive factors

  • Re-statement of existing resource figures for Butiá and Cerrito deposits
  • QP sign-off provided by Michael Durose

Facts used in scoring: 5

Classification and evidence

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Michael Durose is identified as the qualified person who reviewed and approved the technical information.

Evidence · text

“Michael Durose, President & CEO, is the qualified person (" QP ") as defined by Canadian National Instrument 43-101 and has reviewed and approved the technical information contained in this release.”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document provides updated/restated resource figures for the Butiá and Cerrito deposits.

Evidence · text

“Butiá Resource”

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Resource Estimates (5)

measuredLDS Project · goldTonnes: 4600000Grade: 0.88Grade Unit: g/tContained Metal: 132000Contained Unit: ozView all details
Link to this fact

Identity

Project
LDS Project
Commodity
gold
Region
brazil
Reported Region
Rio Grande do Sul, Brazil
Ticker
LGC

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:7ba21e2f9cd4b3b43aa6
Deposit or zone
Butiá

Resource Data

Category
measured
Tonnes
4600000
Grade
0.88
Grade Unit
g/t
Contained Metal
132000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Measured resource component of the Butiá deposit.

Evidence · table

“0.88”

Context: 4.6

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

indicatedLDS Project · goldTonnes: 8300000Grade: 0.92Grade Unit: g/tContained Metal: 246000Contained Unit: ozView all details
Link to this fact

Identity

Project
LDS Project
Commodity
gold
Region
brazil
Reported Region
Rio Grande do Sul, Brazil
Ticker
LGC

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:bed613b947c89548f2c6
Deposit or zone
Butiá

Resource Data

Category
indicated
Tonnes
8300000
Grade
0.92
Grade Unit
g/t
Contained Metal
246000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Indicated resource component of the Butiá deposit.

Evidence · table

“0.92”

Context: 8.3

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

inferredLDS Project · goldTonnes: 3700000Grade: 0.97Grade Unit: g/tContained Metal: 115000Contained Unit: ozView all details
Link to this fact

Identity

Project
LDS Project
Commodity
gold
Region
brazil
Reported Region
Rio Grande do Sul, Brazil
Ticker
LGC

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:be9114cc826e826681b6
Deposit or zone
Butiá

Resource Data

Category
inferred
Tonnes
3700000
Grade
0.97
Grade Unit
g/t
Contained Metal
115000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Inferred resource component of the Butiá deposit.

Evidence · table

“0.97”

Context: 3.7

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

indicatedLDS Project · goldTonnes: 8300000Grade: 0.7Grade Unit: g/tContained Metal: 188000Contained Unit: ozView all details
Link to this fact

Identity

Project
LDS Project
Commodity
gold
Region
brazil
Reported Region
Rio Grande do Sul, Brazil
Ticker
LGC

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:af002185ca343cb3d9b8
Deposit or zone
Cerrito

Resource Data

Category
indicated
Tonnes
8300000
Grade
0.7
Grade Unit
g/t
Contained Metal
188000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Indicated resource component of the Cerrito deposit.

Evidence · table

“0.70”

Context: 8.3

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

inferredLDS Project · goldTonnes: 13200000Grade: 0.69Grade Unit: g/tContained Metal: 293000Contained Unit: ozView all details
Link to this fact

Identity

Project
LDS Project
Commodity
gold
Region
brazil
Reported Region
Rio Grande do Sul, Brazil
Ticker
LGC

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:e9b2c31b6a82c195202a
Deposit or zone
Cerrito

Resource Data

Category
inferred
Tonnes
13200000
Grade
0.69
Grade Unit
g/t
Contained Metal
293000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: Inferred resource component of the Cerrito deposit.

Evidence · table

“0.69”

Context: 13.2

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

How Atlas produces this analysis

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