Lavras Gold Corp. Intersects 1.2 g/t Gold over 251 Metres at Fazenda do Posto Gold Target, LDS Project, Southern Brazil

Drilling intersection includes 2.2 g/t gold over 100 metres, including 4.7 g/t gold over 10 metres

Toronto, Ontario – April 02, 2025 – Lavras Gold Corp. (TSX-V:LGC, OTCQX:LGCFF) (“Lavras Gold” or the “Company”) is pleased to release the results from 12 new drill holes representing 4,007 metres testing the Fazenda do Posto Gold Target (“Fazenda do Posto” or “Fazenda Gold Discovery”), located at the western side of the LDS Project in southern Brazil. Gold mineralization was intersected in 11 of the 12 holes reported in this news release at Fazenda do Posto. The Fazenda Gold Discovery is located immediately adjacent and northwest to the Butiá gold deposit (Figure 1), which hosts a surface Mineral Resource Estimate of 377,000 ounces of gold in the Measured and Indicated categories and 115,000 ounces of gold in the Inferred category. Several of these 12 new holes returned more than 100 metres of continuous gold mineralization characterized by higher-grade subintervals – consistent with previous results.

The Company has also engaged SGS Laboratory in Belo Horizonte, Brazil to complete a comprehensive metallurgical test program for Fazenda do Posto mineralization. The first batch of bulk samples was recently sent to the lab. These new drill results and initiatives continue to move Lavras Gold toward its short-term corporate goal of defining an economically feasible gold resource on the LDS Project, focused on the Fazenda do Posto Gold Discovery and adjacent Butiá Gold Deposit.

HIGHLIGHTS
Drilling
*Hole 24BT043 intersected:

  • 251.0 metres grading 1.2 g/t goldfrom 208.0 metres, and including:
    • 100.0 metres grading 2.2 g/t gold from 214.0 metres, and including
      • 20.0 metres grading 2.4 g/t gold from 233.0 metres, and
      • 10.0 metres grading 2.7 g/t gold from 259.0 metres, and
      • 25.0 metres grading 2.9 g/t gold from 276.0 metres, and
      • 10 metres grading 4.6 g/t gold from 304.0 metres
    • 49.0 metres grading 1.3 g/t gold from 348.0 metres, and including
      • 21.0 metres grading 2.3 g/t gold from 362.0 metres, and
      • 3.0 metres grading 2.9 g/t gold from 387.0 metres.

* NOTE to Hole 24BT043 – This hole is tagged with a Butiá drill hole number as it was collared on the Butiá claim block, drilling west into the Fazenda do Posto claim block.

Hole 24FP032 returned:

  • 139.0 metres grading 1.0 g/t goldfrom 202.0 metres and including:
    • 6.0 metres grading 2.7 g/t gold from 203.0 metres
    • 34.0 metres grading 1.8 g/t gold from 254.0.0 metres, and including:
      • 19.0 metres grading 2.1 g/t gold from 264.0 metres, and
    • 10.0 metres grading 1.4 g/t gold from 297.0 metres

“In addition to making new discoveries in this highly prospective gold district, our short-term goal remains unchanged – the delineation of an economically feasible gold mine on the LDS Project. The results from this new round of drilling are very exciting for us in that they significantly enhance our understanding of the Fazenda do Posto Gold Discovery and the northeast/southwest trending structures that play a significant role in the pattern and nature of mineralization at Fazenda do Posto,” commented Lavras Gold President & CEO Michael Durose. “Significantly, drillhole 24BT043 was collared on the far eastern side of Fazenda do Posto adjacent to Butiá and drilled in a northwesterly direction on an azimuth of 290 degrees and inclined 60 degrees.The purpose was to test for the continuity of gold mineralization across an interpreted northeast-southwesterly direction. The hole intercepted more than 250 metres of consistent gold mineralization grading 1.2 g/t gold, successfully extending the known gold mineralized footprint to the northwest. Importantly, this hole was drilled in a direction perpendicular to discovery hole 23FP002 that was drilled on an azimuth of 020 degrees and inclined 60 degrees returning 340.0 metres grading 1.1 g/t gold, thus demonstrating the robustness of continuous gold mineralization over a very large area.

“As our model anticipated the new drilling results continue to demonstrate the excellent gold grade and continuity of the Fazenda do Posto Gold Discovery. Long continuous intervals of gold mineralization over more than 100 metres typically with higher-grade subintervals confirm the disseminated nature of gold mineralization at Fazenda do Posto. Part of the on-going drilling program at Fazenda do Posto is testing the potential for extensions to mineralization based on our increasingly more detailed and evolving geological model. Our current interpretation is that Fazenda do Posto is a steeply northwest plunging irregular pipe-like structure. We have also initiated a detailed metallurgical testing program for Fazenda do Posto and Butiá as part of the overall derisking strategy for the project .

“We will continue drilling at the Butiá and Fazenda do Posto areas and to the north on the Caneleira Concession, where we made our most recent discovery, Olaria.”

Click here for additional comments on the importance of these northeast/southwest trending structures from CEO Michael Durose

[* Footnote: Butiá hosts an Estimated Mineral Resource of 377,000 ounces of gold in the Measured and Indicated categories and 115,000 ounces of gold in the Inferred category as detailed in the report titled “NI 43-101 Technical Report Mineral Resource for the Butiá Gold Prospect, Rio Grande do Sul, Brasil”, prepared for Lavras Gold by author VMG Consultoria e Soluções Ltda., with an effective date of January 25, 2022 and an amended report date of November 15, 2024.This Report is available on the Company’s website and www.sedarplus.com under Lavras Gold’s issuer profile.]

Discussion of Drill Results – Fazenda do Posto Discovery

Fazenda do Posto is the most advanced gold discovery on the LDS Project located immediately adjacent to and slightly northwest of the Butiá Gold Deposit. The purpose of the current drilling program at Fazenda do Posto is to define the gold mineralization footprint and extent of mineralization and gain greater insight into the geological controls to mineralization. Recent drilling results from Fazenda do Posto were disclosed in the news release dated September 09, 2024. To date, results from 36 drill holes totaling 11,067 metres of drilling have been disclosed based on the 2023 and 2024 drilling program. This total includes the 12 holes disclosed in this news release (24FP025 to 24FP036 (excluding 24FP033 which was lost); and 24BT043). In addition, more than 30,000 metres of drilling have been completed at the adjacent Butiá gold deposit to date, including historical drilling prior to 2022.

Figure 1 is a general location map for the LDS Project deposits and targets. Drill collar locations for Fazenda do Posto are shown in Figure 2. Details of drill holes showing assay results can be found in the plan view in Figure 3. A long section looking northeast is shown in Figure 4. Table 1 details all assay results including newly disclosed results in this press release. Table 2 tabulates drill hole information including collar coordinates, drill hole azimuth and drill hole depths. Note drill hole 24FP026 was collared 1.4 kilometres northwest of the main zone of drilling at Fazenda do Posto and is not shown in Figure 2, Figure 3 or Figure 4.

A primary purpose of the recent drilling was to test the lateral continuity of gold mineralization across a postulated northeast trending structural corridor. Ten of the 12 holes drilled had an azimuth oriented 90 to 110 degrees and/or 290 degrees and inclined 60 degrees. As shown in Figure 3 and summarized in Table 1, the lateral holes include 24FP026, 24FP027, 24FP029, 24FP030, 24FP031, 24FP032, 24FP034, 24FP035, 24FP036, and 24BT043. Drillholes 24FP025 and 24FP028 were vertical holes designed to test the vertical continuity of mineralization.

The lateral holes confirm continuous gold mineralization across a northeast trending structural corridor. Drill holes 24FP034, 24FP035 and 24FP036 suggest a northeast trending structure along the southeast portion of the Fazenda do Posto target area characterized by continuous moderate grade gold mineralization associated with episyenite and perthitic granite. Drillhole 24FP026 tested a target 1.4 kilometres northwest of the main zone of drilling at Fazenda do Posto and did not find any gold mineralization.

Central and North Portion of Fazenda do Posto

Drillhole 24BT043 was collared in the east-central portion of Fazenda do Posto and drilled from east to west on an azimuth of 290 degrees and inclined 60 degrees. The hole returned multiple intervals of gold in mineralized episyenite and perthitic granite. Highlights include:

  • 18.4 metres grading 0.5 g/t gold from 14.0 metres and including
    • 10.0 metres grading 1.0 g/t gold from 24.0 metres.
  • 251.0 metres grading 1.2 g/t gold from 208.0 metres including:
    • 100.0 metres grading 2.2 g/t gold from 214.0 metresand including
    • 20.0 metres grading 2.4 g/t gold from 233.0 metres and including
    • 10.0 metres grading 2.7 g/t gold from 259.0 metres and including
    • 25.0 metres grading 2.9 g/t gold from 276.0 metresand including
    • 10.0 metres grading 4.6 g/t gold from 304.0 metresand
    • 49.0 metres grading 1.3 g/t gold from 348.0 metresand including
    • 21.0 metres grading 2.3 g/t gold from 362.0 metresand including
    • 3.0 metres grading 2.91 g/t gold from 387.0 metres.

Drillhole 24FP025 was collared in the north central portion of Fazenda do Posto and drilled vertically to test the depth extent of mineralization. The hole returned:

  • 157.0 metres grading 0.7 g/t gold from 116.0 metres and including:
    • 3.0 metres grading 4.3 g/t gold from 145.0 metres
    • 1.0 metres grading 12.5 g/t gold from 147.0 metres
  • 78.0 metres grading 0.9 g/t gold from 273.0 metres including:
    • 2.0 metres grading 1.4 g/t gold from 303.0 metres
    • 3.0 metres grading 1.1 g/t gold from 310.0 metres
    • 1.0 metre grading 1.8 g/t gold from 317.0 metres
    • 20.0 metres grading 1.7 g/t gold from 321.0 metres
  • 10.0 metres grading 0.7 g/t gold from 374.0 metres including:
    • 1.0 metres grading 1.5 g/t gold from 376.0 metres and
    • 1.0 metres grading 1.5 g/t gold from 382.0 metres.

Drillhole 24FP032 was collared west of Fazenda do Posto and drilled from west to east on an azimuth of 110 degrees and inclined at 60 degrees. The hole was designed to test mineralization across a northeast trending structure. The hole returned:

  • 139.0 metres grading 1.0 g/t gold from 202.0 metres within mineralized episyenite. Several higher-grade subintervals were intercepted including:
    • 6.0 metres grading 2.7 g/t gold from 203.0 metres
    • 34.0 metres grading 1.8 g/t gold from 254.0 metres,
    • 19.0 metres grading 2.1 g/t gold from 264.0 metres, and
    • 10.0 metres grading 1.4 g/t gold from 297.0 metres

Drill hole 24FP027 was a step out hole and collared northwest of the main zone of mineralization at Fazenda do Posto and designed to test for the extension of favourable alteration and mineralization. The hole was drilled from west to east on an azimuth of 110 degrees and an inclined angle of 60 degrees. The hole encountered alternating intervals of fresh granodiorite and metasomatiized/albitized rock along with multiple intercepts of lamprophyre dykes, followed by strongly altered perthitic granite and 3 intervals of mineralized episyenite. The best intercept was:

  • 12 metres grading 2.3 g/t gold from 411.0 metres.

This is a significant finding as it demonstrates that the metasomatic alteration and mineralizing processes are open to the north of the known mineralized footprint of Fazenda do Posto. The current interpretation is that the mineralized zones of episyenite are occurring along northeast trending structures north of the current mineralized footprint at Fazenda do Posto. Further work is required to better understand this area.

Drillhole 24FP029 was drilled from west to east on an azimuth of 110 degrees and inclined at 60 degrees. The hole encountered:

  • 57 metres of mineralized episyenite having a gold grade of 0.8 g/t gold from 130.0 metres and including:
    • 6.0 metres grading 1.8 g/t gold from 139.0 metres and
    • 5.0 metres grading 1.7 g/t gold from 162.0 metres.

The hole successfully demonstrated gold mineralization in the central south portion of Fazenda do Posto.

Drillhole 24FP30 was drilled from west to east on an azimuth of 110 degrees and inclined at 60 degrees in the south-central portion of Fazenda do Posto. The hole encountered:

  • 78.0 metres of continuous gold mineralization grading 0.3 g/t gold from 61.0 metres including
    • 9.0 metres grading 0.8 g/t gold from 68.0 metresand including
    • 2.0 metres grading 1.8 g/t gold from 68.0 metreswithin mineralized episyenite.

Drillhole 24FP031 was drilled from west to east on an azimuth of 110 degrees and inclined at 60 degrees in the east-central portion of the Fazenda do Posto. The hole returned:

  • 121.0 metres grading 0.3 g/t gold from surface within mineralized episyenite, including
    • 5.0 metres grading 0.9 g/t gold from 42.0 metres and
    • 7.0 metres grading 0.9 g/t gold from 73.0 metres.

Southeast Portion of Fazenda do Posto

Three holes were drilled to test the southeast area of Fazenda do Posto. Results are as follows.

Drillhole 24FP034 was drilled from west to east on an azimuth of 110 degrees and inclined at 60 degrees. The hole returned multiple intervals of moderate grade disseminated gold including 51.0 metres grading 0.3 g/t gold within mineralized episyenite and including 15.0 metres grading 0.4 g/t gold from 73.0 metres.

Drillhole 24FP035 was drilled from west to east on an azimuth of 110 degrees and inclined at 60 degrees. The hole returned several gold intervals of low to moderate gold grades within episyenite and perthitic granite.

Drillhole 24FP036 was drilled from west to east on an azimuth of 110 degrees and inclined 60 degrees. The hole intercepted several intervals of gold mineralization similar to drillhole 24FP035.

Please refer to Table 1 for a complete list of all drill holes and detailed assay results.

Figure 1 – LDS Project Deposit and Target Locations

2025 04 02 Nr Fig1

Table 1. Summary of Drill Hole Composites from the Fazenda do Posto Gold Discovery – Note that holes 23FP001 to24FP024 have been published prior to this press release.

Drill HoleFromToIntervalGold gradeComment
(metres)(metres)(metres)(grams/tonne)
23FP001Previously published results 77.00153.0076.000.17Perthitic granite mixed
with episyenite
85.0086.001.000.32Perthitic Granite
 90.0093.003.000.33Episyenite
 96.0097.001.000.57Episyenite
 102.00104.002.000.34Episyenite
 109.00110.001.000.42Episyenite
 113.00118.005.000.23Perthitic Granite
 135.00137.002.000.47Perthitic Granite
 143.00144.001.000.26Perthitic Granite
      
23FP002
Previously published results 
 58.0059.001.000.18Albitite
 117.00457.00340.001.09Mineralized episyenite
Including199.00359.00160.001.79Episyenite
Including208.00235.0027.002.07Episyenite
Including293.00361.0068.002.09Episyenite
 
23FP003
Previously published results
 24.0027.003.000.71Albitite
 87.00294.00207.000.49Episyenite
including87.00227.00140.000.67Episyenite
Including87.00195.00108.000.80Episyenite
Including87.00151.0064.000.91Episyenite
Including106.00145.0039.001.17Episyenite
 
23FP004
Previously published results
 No
Significant
Values
   Fresh Granodiorite
      
23FP005
Previously published results
 118.00119.001.000.26Albitite
 131.55135.003.451.01Perthitic Granite
 139.00140.001.000.99Perthitic Granite
 143.00146.003.001.21Perthitic Granite
 159.00161.002.000.26Perthitic Granite
 171.00172.001.000.33Perthitic Granite
176.00177.001.000.30Perthitic Granite
181.00182.001.000.33Perthitic Granite
     
23BT006
Previously published results
 31.06261.00229.940.86Episyenite
including31.06235.00203.940.95Episyenite
including31.06222.00190.941.00Episyenite
including149.00214.0065.001.94Episyenite
including149.00187.0038.002.03Episyenite
including154.00164.0010.002.96Episyenite
including190.00205.0015.002.05Episyenite
 
23FP007Previously published results No
Significant
Values
   Fresh Granodiorite, Perthitic Granite
      
23FP008Previously published results 104.00105.001.000.27Episyenite
 114.00115.001.000.42Episyenite
 106.00229.00123.001.12Episyenite
including228.00306.0078.001.36Episyenite
including231.00266.0035.002.46Episyenite
 325.00345.0020.000.60Perthitic Granite
including331.00335.004.002.67Perthitic Granite
including332.00335.003.003.49Perthitic Granite
 
23FP009Previously published results 1.003.002.000.49Episyenite and Metasomatic
Alteration
 15.0016.001.000.40Episyenite and Metasomatic
Alteration
 23.0137.0013.990.79Episyenite and Metasomatic
Alteration
Including29.0038.009.000.91Episyenite and Metasomatic
Alteration
 40.0040.940.940.25Episyenite and Metasomatic
Alteration
 75.0077.002.000.72Episyenite and Metasomatic
Alteration
 93.0096.003.000.44Episyenite and Metasomatic
Alteration
 131.00132.001.000.41Episyenite and Metasomatic
Alteration
 149.00152.003.000.44Episyenite and Metasomatic
Alteration
 157.00160.003.000.43Episyenite and Metasomatic
Alteration
 162.00163.001.000.25Episyenite and Metasomatic
Alteration
 164.00168.004.000.30Episyenite and Metasomatic
Alteration
      
23FP010Previously published results 3.00147.00144.000.58Pervasive albite alteration,
episyenite, PG
Including3.0044.0041.001.00Episyenite
Including3.004.001.001.06Episyenite
Including23.0044.0021.001.29Episyenite
Including23.0026.003.001.07Episyenite
Including31.0040.009.002.17Episyenite
Including31.0035.004.003.46Episyenite
Including50.0051.001.001.14Episyenite
Including64.0065.001.001.28Episyenite
Including72.0079.007.000.89Episyenite
Including78.0080.002.001.55Episyenite
Including83.0090.007.001.02Episyenite
Including107.00111.414.411.21Perthitic Granite
Including139.00142.003.000.97Episyenite
 
23FP011Previously published results 32.0033.001.000.29Episyenite
 69.00242.00173.000.95Episyenite
Including75.0079.004.001.16Episyenite
Including97.00103.006.001.07Episyenite
Including99.00101.002.002.08Episyenite
Including126.00220.8394.831.37Episyenite
Including126.00128.002.003.56Episyenite
Including135.00138.003.002.47Episyenite
Including153.00161.008.001.64Episyenite
Including166.10181.0014.901.66Episyenite
Including191.00204.0013.001.46Episyenite
Including209.00215.006.002.01Episyenite
Including239.13241.132.001.97Episyenite
 
23FP012Previously published results 4.005.271.270.29Episyenite
 12.0014.002.000.32Episyenite
58.0060.002.000.27Episyenite
 63.0064.001.003.19Episyenite
 58.00173.00115.000.59Episyenite, albite
alteration
Including83.0084.001.002.26Episyenite
Including87.7789.922.150.95Episyenite
Including102.16104.001.841.06Episyenite
Including107.00108.001.000.95Episyenite
Including110.00111.001.001.10Episyenite
Including118.00171.0053.000.86Episyenite, intermittent
Perthitic Granite
Including118.00119.001.001.09Episyenite
Including121.00169.0048.000.91Episyenite, intermittent
Perthitic Granite
Including130.00156.0026.001.08Episyenite, intermittent
Perthitic Granite
Including130.00145.0015.001.24Episyenite
Including162.00168.006.001.09Episyenite
 
23FP013Previously published results 259.00264.005.000.229Perthitic Granite
  299.00309.0010.000.364Episyenite
24FP014Previously published results 195.00195.700.700.262Episyenite
      
24FP015Previously published results No
Significant
Values
  Fresh Granodiorite
      
24FP016Previously published results 190.00191.001.000.655Episyenite
 202.00203.001.000.803Episyenite
 233.00292.0059.002.853Episyenite
 238.00288.0050.003.232Episyenite
 240.00272.0032.004.335Episyenite
 253.00256.003.0017.628Episyenite
 253.00254.001.009.55Episyenite
 254.00255.001.0023.267Episyenite
 255.00256.001.0030.33Episyenite
      
24FP017Previously published results 0.00301.00301.000.684Albite, Episyenite,
Perthitic Granite
Including3.00261.00261.000.769Albite, Episyenite,
Perthitic Granite
 Including50.0077.0027.001.278Episyenite
 Including84.00103.0019.001.131Episyenite
 including84.0099.0015.001.272Episyenite
 Including84.0091.007.001.441Episyenite
 Including123.00126.003.001.431Episyenite
 Including144.00158.0014.001.666Episyenite
 Including192.00253.0061.001.414Episyenite
 Including192.00214.0022.001.856Episyenite
  
24FP018Previously published results 68.00143.0075.001.108Episyenite
 including75.00107.0032.001.784Episyenite
 including86.00107.0021.002.387Episyenite
 including86.0095.009.004.167Episyenite
 including97.0098.001.008.937Episyenite
  
24FP019Previously published results 0.0025.0025.001.226Perthitic Granite
 including11.0023.0012.002.382Perthitic Granite
 including15.0016.001.0026.40Perthitic Granite
 38.0039.00  1.00 0.450 Perthitic Granite
 59.0061.002.000.410Perthitic Granite
  
24FP020Previously published results 145.00265.00120.000.939Episyenite, Perthitic
Granite
 including163.00188.0025.001.096Episyenite
 including168.00172.004.001.362Episyenite
 including178.00188.0010.001.504Episyenite
 including181.00183.002.002.693Episyenite
 including194.00213.0019.001.422Episyenite
 including194.00207.0013.001.677Episyenite
 including194.00198.004.001.251Episyenite
 including223.00234.0011.001.167Episyenite
 including233.00235.002.001.810Episyenite
  including 250.00261.00 11.00 2.185 Episyenite 
 including250.00253.003.004.154Episyenite
 including251.00252.001.0010.220Episyenite
  
24FP021Previously published results 0.00130.00130.000.477Perthitic Granite,
Episyenite
 including13.0019.006.001.114Episyenite
 including16.0017.001.004.428Episyenite
 including32.0042.0010.001.063Episyenite
 including32.0037.005.001.507Episyenite
 including90.0099.009.001.496Episyenite
 including96.0099.003.003.116Episyenite
 including118.00119.001.001.088Episyenite
  
24FP022Previously published results 167.00168.001.000.477Perthitic Granite
  176.00187.0011.000.249Perthitic Granite
 including176.00178.002.000.753Perthitic Granite
 including184.00186.002.000.449Perthitic Granite
  
24FP023Previously published results 274.00275.001.000.248Perthitic Granite
      
24FP024Previously published results 58.00114.0056.000.29Perthitic Granite
 including58.0064.006.000.401Perthitic Granite
 including61.0062.001.000.834Perthitic Granite
 including70.0071.001.000.856Perthitic Granite
 including89.0096.007.000.467Perthitic Granite
 including91.0092.001.000.81Perthitic Granite
24FP02515.0018.003.000.19Episyenite
 NEWincluding16.0017.001.000.31Episyenite
52.0056.004.000.18Episyenite
including52.0054.002.000.24Episyenite
100.00102.002.000.24Episyenite
116.00273.00157.000.66Episyenite/Perthitic Granite
including145.00148.003.004.26Perthitic Granite
including147.00148.001.0012.47Perthitic Granite
including236.00238.002.000.22Perthitic Granite
273.00351.0078.000.87Episyenite/Perthitic Granite
including303.00305.002.001.40Episyenite
including310.00313.003.001.10Episyenite
including317.00318.001.001.78Episyenite
including321.00341.0020.001.71Episyenite
374.00384.0010.000.65Episyenite
including376.00377.001.001.52Epitsyenite
including382.00383.001.001.46Epitsyenite
    
24FP026No significant values   Granodiorite
    
24FP027
NEW
277.00278.001.000.22Episyenite
377.00379.002.000.90Perthitic Granite
411.00423.0012.002.27Episyenite
including413.00420.007.003.37Episyenite
and including419.00420.001.006.01Episyenite
434.00438.004.000.26Perthitic Granite
    
24FP028NEW186.00188.002.000.29Metasomatite
234.00259.0025.000.39Metasomatite
including238.00244.006.000.86Metasomatite
and including238.00239.001.002.04Metasomatite
and including243.00244.001.001.38Metasomatite
269.00270.001.000.34Perthitic Granite
    
24FP029
NEW
130.00187.0057.000.81Episyenite
including139.00145.006.001.76Episyenite
and including142.00143.001.003.92Episyenite
including155.00161.006.001.07Episyenite
including162.00167.005.001.71Episyenite
and including164.00165.001.002.51Episyenite
    
24FP030
NEW
61.00139.0078.000.34Episyenite
including68.0083.0015.000.64Episyenite
and including68.0077.009.000.80Episyenite
and including68.0070.002.001.83Episyenite
    
24FP031
NEW
0.00121.00121.000.33Episyenite
including1.004.003.000.44Episyenite
including19.0021.002.000.41Episyenite
including30.0035.005.000.43Episyenite
including42.0047.005.000.91Episyenite
including73.0080.007.000.94Episyenite
including95.0098.003.000.72Episyenite
    
24FP032
NEW
191.00194.003.000.38Perthitic Granite
202.00341.00139.001.00Episyenite
including203.00209.006.002.71Episyenite
and including203.00204.001.003.47Episyenite
and including204.00205.001.004.95Episyenite
including211.00212.001.001.12Episyenite
including215.00220.005.001.09Episyenite
including225.00231.006.001.15Episyenite
including241.00247.006.001.10Episyenite
including254.00288.0034.001.79Episyenite
and including257.00260.003.002.21Episyenite
and including264.00283.0019.002.10Episyenite
including297.00307.0010.001.35Episyenite
    
24FP034
NEW
69.00120.0051.000.25Episyenite
including73.0088.0015.000.39Episyenite
including93.0096.003.000.31Episyenite
including101.00104.003.000.36Episyenite
including107.00110.003.000.32Episyenite
150.00151.001.000.26Perthitic Granite
157.00158.001.000.42Perthitic Granite
182.00184.002.000.26Episyenite
    
24FP035
NEW
150.00161.0011.000.25Perthitic Granite
including159.00161.002.000.81Perthitic Granite
186.00188.002.000.26Episyenite
230.00238.008.000.32Perthitic Granite
including230.00231.001.000.90Perthitic Granite
including237.00238.001.000.81Perthitic Granite
245.00251.006.000.44Perthitic Granite
including246.00247.001.001.70Perthitic Granite
258.00259.001.000.66Perthitic Granite
274.00275.001.000.37Perthitic Granite
296.00298.002.000.45Perthitic Granite
    
24FP036
NEW
46.0048.002.000.25Episyenite
50.0055.005.000.18Episyenite
70.0072.002.000.25Episyenite
129.00130.001.000.50Perthitic Granite
132.00135.003.000.19Perthitic Granite
    
24BT043
NEW
14.0032.4118.410.51Perthitic Granite
 including24.0034.0010.001.03Perthitic Granite
 58.0067.009.000.34Episyenite
 107.00109.002.000.26Perthitic Granite
 144.00151.007.000.32Episyenite
 208.00459.00251.001.17Episyenite
 including214.00314.00100.002.16Episyenite
 and including233.00253.0020.002.42Episyenite
 and including259.00269.0010.002.74Episyenite
 and including276.00301.0025.002.87Episyenite
 and including304.00314.0010.004.62Episyenite
 including332.00335.003.000.26Perthitic Granite
 including348.00397.0049.001.33Episyenite
 and including362.00383.0021.002.31Episyenite
 and including387.00390.003.002.91Episyenite
 407.00420.0013.000.27Perthitic Granite
 438.00440.002.000.31Perthitic Granite
 455.00465.0010.000.26Perthitic Granite
 487.00493.006.000.19Perthitic Granite
 497.00503.006.000.22Perthitic Granite
  • Assumes 0.25 g/t gold cut-off grade, no top cut.
  • The Company has been targeting larger intersections of greater than 0.25 g/t gold. Intersections lower than this threshold may provide exploration insight and may therefore be disclosed.
  • Intervals represent drill core interval; true widths have not been determined at this time.

Table 2. Fazenda do Posto Drill Hole Coordinates

Note that 23FP001 to 24FP024 are previously published holes. 24FP025 to 24BT043 are newly published holes.

DrillElevationAzimuthDipStart DepthFinal Depth
HoleEastingNorthing(metres)(Degrees)(Degrees)(metres)(metres)
23FP001217906658645539320-600214.1
23FP002217857658648339220-600464.6
23FP00321789065865693920-900332.2
23FP0042178276586607396200-600201.3
23FP005217933658631140520-600248.2
23FP0062179336586677386200-600299.8
23FP007217929658667638620-600161.4
23FP0082179326586675386200-600401.4
23FP0092179116586590389290-600232.9
23FP0102179106586591389110-600300.0
23FP0112179296586674386220-600283.8
23FP0122178466586648391110-600231.5
23FP01321784465866483910-900369.5
24FP014217828658638839720-600292.1
24FP01521785665864773920-900311.9
24FP01621786265866333900-900342.6
24FP01721791365866103870-900382.6
24FP018217889658656639220-600310.4
24FP01921795565865983830-900312.5
24FP02021784365865913950-900283.0
24FP02121793565865523860-900247.2
24FP02221782265865413950-900243.9
24FP023217619658644141065-600411.9
24FP02421792065865033890-900180.9
24FP02521788265866783810-900441.8
24FP0262164396587374396110-600385.4
24FP0272176936586806397110-600646.6
24FP02821779865866023880-900429.2
24FP029217815658660538690-600256.2
24FP0302178976586562387110-600171.5
24FP0312179376586554372110-600127.2
24FP0322177866586669391110-600364.1
24FP0342178906586411384110-600208.9
24FP0352178706586357396110-600325.0
24FP0362179066586457385110-600142.9
24BT0432180076586582379290-600508.6

Figure 2. Location of 2023 and 2024 Drill Collars for Fazenda do Posto Gold Discovery

2025 04 02 Nr Fig2

Figure 3. Plan View of 2023 and 2024 Butiá Drill Holes and Gold Assay Grades

2025 04 02 Nr Fig3

Figure 4. Long-Section Looking Northeast of 2023 and 2024 Butiá Drill Holes and Gold Assay Grades

2025 04 02 Nr Fig4

About the LDS Project

The LDS Project is centred on the town of Lavras do Sul in Rio Grande do Sul, Brazil. It is approximately 320 kilometres, or a 4.5-hour drive, from the state capital of Porto Alegre. The Company, through its subsidiary, holds directly or indirectly, contractual interests over 34 mineral rights covering approximately 23,000 hectares.

The LDS intrusive complex is a multiphase intrusive centre that is surrounded by coeval volcanic rocks to the east. Geologically, LDS is in the far south of the Neoproterozoic Mantiqueira Province, a 2,700-kilometre-long belt of tectonically and magmatically accreted terrains that stretch as far south as the coastline of central Uruguay and north into southern Bahia State in Brazil. The most advanced targets are the Butiá and Cerrito Gold Deposits – Butiá with 377,000 ounces of gold in the Measured and Indicated categories and 115,000 ounces of gold in the Inferred category, and Cerrito with 188,000 ounces of gold in the Indicated category and 293,000 ounces of gold in the Inferred category.

About Lavras Gold Corp.

Lavras Gold Corp. (TSXV: LGC, OTCQX: LGCFF) is a Canadian exploration company focused on realizing the potential of a highly prospective gold district in southern Brazil. Its Lavras do Sul Project is located in Rio Grande do Sul State and is primarily an intrusive hosted gold system of possible alkaline affinity. More than 24 gold prospects centred on historic gold workings have been identified on the property, which spans approximately 23,000 hectares. Follow Lavras Gold on www.lavrasgold.com, as well as on LinkedIn, Twitter, and YouTube.

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.

On Behalf of Lavras Gold Corp.

Michael Durose

President & CEO

For further information, please visit the Lavras Gold Corp. website at www.lavrasgold.com, or contact:

Michael Durose, President & CEO or Naomi Nemeth, VP Investor Relations
Phone: +1-289-624-1343 or +1-289-624-1377
Email: investor@lavrasgold.com
Website: www.lavrasgold.com
X (Twitter):  @LavrasGold
LinkedIn: Lavras Gold Corp.
YouTube

Additional Technical Notes:

Quality Assurance & Quality Control: For the Butiá Gold Deposit, 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 QAQC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).

Disclaimer: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward looking statements: This news release includes certain “forward-looking information” within the meaning of Canadian securities legislation and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively “forward looking statements”). Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “forecast”, “expect”, “potential”, “project”, “target”, “schedule”, “budget” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions and includes the negatives thereof. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the Company’s further 2025 drill plans and future results at the LDS Project are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from Company’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.