Lavras Gold Corp. Participating in the Geophysics Day Celebration in the Town of Lavras do Sul, 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
- Resource update, Other
- Extracted
- 2026-09-18 07:09:21 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lavras Gold Corp. announced its sponsorship of the Geophysics Day Celebration in Lavras do Sul, Brazil. The release also provides a summary of the mineral resources for the Butiá and Cerrito gold deposits within the LDS Project.
Reasoning: The document is primarily a community engagement announcement but contains a restatement/summary of existing mineral resources for the Butiá and Cerrito deposits. The resource is low-grade and has a significant Inferred component.
Positive factors
- QP sign-off provided by Michael Durose
- NI 43-101 compliance mentioned
- Multiple resource categories reported for two deposits
Negative factors
- Resource is heavily weighted towards Inferred category
Facts used in scoring: 5
Classification and evidence
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: Michael Durose is identified as the QP as defined by NI 43-101 and has approved the technical information.
Evidence · text
“Michael Durose, President & CEO of Lavras Gold Corp., 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.”
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 named as the Qualified Person responsible for the technical information.
Evidence · text
“Michael Durose, President & CEO of Lavras Gold Corp., is the qualified person (" QP ") as defined by Canadian National Instrument 43-101”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A significant portion of the resource for both Butiá and Cerrito is in the Inferred category.
Evidence · text
“Inferred 3.7 0.97 115,000”
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 detailsHide details
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 detailsHide details
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 detailsHide details
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.
Negative factors
- Inferred category limits geological confidence
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 detailsHide details
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 detailsHide details
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.
Negative factors
- Inferred category limits geological confidence
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.