Butiá

Butiá is Lavras Gold’smost advanced gold deposit to date. It is open to expansion and immediately to the east of the adjacent Fazenda do Posto discovery. Historically, more than 20,000 metres of drilling was complete over 78 drill holes to arrive at this resource estimate in January 2022. Drilling has been ongoing since that time with the objective of expanding the mineral resource, increasing the confidence in the resource and increasing grade control.

Mineralization begins at surface and is confirmed to a vertical distance of more than 300 metres. Gold occurs within hydrothermally altered granditoids consisting of mineralized episyenite and perthitic granite