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Lavras Gold - LGCFF STOCK NEWS

Welcome to our dedicated page for Lavras Gold news (Ticker: LGCFF), a resource for investors and traders seeking the latest updates and insights on Lavras Gold stock.

Lavras Gold Corp. (TSXV: LGC, OTCQX: LGCFF) is a Canadian exploration company focused on realizing the potential of a multi-million-ounce gold district in southern Brazil. The Lavras do Sul Project, located in Rio Grande do Sul State, is primarily an intrusive hosted gold system with more than 24 gold prospects identified on the property spanning over 22,000 hectares. The company aims to increase the geological confidence of its gold resource at Butiá and Cerrito gold deposits, consolidating NI 43-101 resources of approximately 1 million ounces.

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Lavras Gold Corp (TSXV: LGC) (OTCQX: LGCFF) has announced its participation in the upcoming Prospectors and Developers conference. The company will deliver two presentations: a corporate presentation on March 4, 2025, at 2:31 PM in the Investment Hub theatre, and a technical presentation on March 5 at 11:15 AM in Room 717.

Senior management, including CEO Michael Durose, CFO Hemdat Sawh, and VP Investor Relations Naomi Nemeth, will be present at the Investors Exchange Booth #2831 from March 2-5. Visitors can view core samples from the Fazenda do Posto discovery and Butiá deposit, representing two of the ten gold targets drilled at the LDS Project near Lavras do Sul in Rio Grande do Sul, southern Brazil.

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Lavras Gold Corp (TSXV: LGC) (OTCQX: LGCFF) has been recognized among the top 50 performers on the TSX Venture Exchange for the second consecutive year in 2025. This prestigious ranking, known as the TSX Venture 50, evaluates over 1,700 listed companies based on three equally weighted criteria: share price appreciation, market capitalization growth, and trading value.

The ranking features top 10 companies from five sectors: Clean Technology and Life Sciences, Diversified Industries, Energy, Mining, and Technology. To qualify, companies must meet specific criteria including: listing on TSXV by December 31, 2024, maintaining a market capitalization above C$5 million, having a closing share price exceeding C$0.25, and being listed for more than one year.

CEO Michael Durose expressed gratitude to the company's Brazilian team, management, board of directors, and shareholders for this achievement in the mining sector.

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Lavras Gold Corp (TSXV: LGC) (OTCQX: LGCFF) announced its participation in the AMEBC Round Up Conference in Vancouver from January 20-23, 2025. The company will showcase drill core from its Brazil LDS Project at the Core Shack exhibit, featuring rock samples from the Lavras do Sul Intrusive Complex, including core from Fazenda do Posto, Butiá, and Olaria locations.

President & CEO Michael Durose will deliver a technical presentation titled 'Gold Exploration Potential of the Lavras Do Sul Intrusive Complex - Focusing to Encourage Success' in the Precious Metals Session on January 22, 2025, at 10:05am PT. Senior Field Geologist João Moller will also be present at the Core Shack exhibit at Booth #825 on January 22-23.

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Lavras Gold Corp has announced significant drilling results from its Olaria Gold Target at the LDS Project in southern Brazil. The highlight includes an intersection of 56 metres grading 1.0 g/t gold in hole 24CNO-002, including higher-grade sub-intervals up to 9.2 g/t gold. The Olaria target is located 3 kilometers northeast of the Butiá Gold Deposit and remains open to the northeast, southwest, and at depth.

The drilling program tested both downdip potential of historical drilling and a reinterpreted northeast-southwest trending structure. The mineralization is characterized by cataclastic-style gold within the Lavras do Sol Intrusive Complex, different from the metasomatic style found at Butiá and Fazenda do Posto.

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Lavras Gold Corp (TSXV: LGC) (OTCQX: LGCFF) has filed a final short form base shelf prospectus with securities commissions across Canada, excluding Quebec. The prospectus enables the company to offer up to C$50 million of common shares over a 25-month period. The offering terms, including prices and amounts, will be determined based on market conditions and specified in future prospectus supplements. The shares will be offered in accordance with National Instrument 44-102 - Shelf Distributions.

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Lavras Gold Corp. (TSXV: LGC) (OTCQX: LGCFF) has filed amended technical reports for its Butiá and Cerrito Projects following a review by the Ontario Securities Commission. The amendments include enhanced disclosure of cut-off grade assumptions, mineral resource constraints within conceptual pit shells, and proper rounding of estimates. No changes were made to the size or scope of either resource estimate. The company has also revised its website and corporate presentations to comply with NI 43-101 standards, removing phrases like 'NI 43-101 compliant' and 'potential world-class.' The updated technical reports are available on SEDAR+ and the company's website.

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Rostislav Raykov, a director of Lavras Gold Corp. (LGCFF), has filed an early warning report regarding the acquisition of 245,600 common shares in the company. The transaction took place on October 16, 2024 through the TSX Venture Exchange. Prior to this acquisition, Raykov held 5,105,430 common shares and options to purchase 270,000 more, representing about 9.94% of outstanding shares (10.42% on a partially diluted basis). After the acquisition, Raykov's holdings increased to 5,351,030 common shares plus the same options, now representing approximately 10.42% of outstanding shares (10.89% on a partially diluted basis).

The acquisition was made for investment purposes, and Raykov may adjust his holdings in the future based on market conditions and other factors. The full report is available on SEDAR+ or by request from Raykov directly.

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Lavras Gold Corp. (LGCFF) announced significant gold discoveries at its Fazenda do Posto Gold Target in the LDS Project, Southern Brazil. Drilling results reveal:

Highlights:

  • Hole 24FP016: 2.9 g/t gold over 59m, including 4.3 g/t over 32m and 30.3 g/t over 1m.
  • Hole 24FP017: 0.7 g/t gold over 301m from surface, including multiple higher-grade subintervals.
  • Hole 24FP020: 0.9 g/t gold over 120m from 145m, including higher-grade subintervals.

Gold mineralization starts at surface and goes down to 400m depth, with an areal extent of 200m. The target is open in multiple directions, suggesting potential for significant expansion. Current findings support the short-term goal of defining an economically feasible gold resource at the LDS Project.

Lavras Gold has drilled 7,060m in 24 holes over the past year and plans to continue exploration with a third drill mobilized to the Caneleira concession.

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Lavras Gold Corp. (TSXV: LGC, OTCQX: LGCFF) announced promising results from seven new drillholes at the Butiá Gold Deposit in southern Brazil. The findings include a significant 1.4 g/t gold over 236 meters from surface, featuring higher-grade subintervals like 1.6 g/t gold over 199 meters and 2.4 g/t gold over 20 meters. These results are part of efforts to convert inferred resources to measured and indicated categories and to increase the gold endowment. The Butiá Gold Deposit currently hosts an NI 43-101 compliant gold resource of about 0.5 million ounces. CEO Michael Durose highlighted the near-surface gold grades and the potential for an open-pit mine. Drilling continues at the adjacent Fazenda do Posto target.

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Lavras Gold Corp. (TSXV: LGC, OTCQX: LGCFF) announced the results of its 2024 Annual & Special Meeting held on June 12, 2024. Shareholders approved the reappointment of Davidson & Company LLP as the company's auditor and an omnibus long-term incentive plan. Additionally, seven directors were elected: David Birkett, Michael Durose, Johnathan Hill, Lawrence Lepard, Michael Mutchler, Rostislav Raykov, and Rowland Uloth, with Uloth continuing as Chairman of the Board.

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FAQ

What is the current stock price of Lavras Gold (LGCFF)?

The current stock price of Lavras Gold (LGCFF) is $1.486 as of February 28, 2025.

What is the market cap of Lavras Gold (LGCFF)?

The market cap of Lavras Gold (LGCFF) is approximately 81.7M.

Where is Lavras Gold Corp. located?

Lavras Gold Corp. is headquartered in Toronto, Ontario, Canada.

What is the primary focus of Lavras Gold Corp.?

Lavras Gold Corp. is primarily focused on exploring and realizing the potential of a multi-million-ounce gold district in southern Brazil.

What is the Lavras do Sul Project?

The Lavras do Sul Project is located in Rio Grande do Sul State, Brazil, and is an intrusive hosted gold system with over 24 identified gold prospects.

What are the key achievements of Lavras Gold Corp.?

Lavras Gold Corp. aims to increase the geological confidence of its gold resource at Butiá and Cerrito gold deposits and has consolidated NI 43-101 resources of approximately 1 million ounces.
Lavras Gold

OTC:LGCFF

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LGCFF Stock Data

81.67M
22.72M
44.53%
Gold
Basic Materials
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Canada
Toronto