Lavras Gold Corp. Updates Technical Reports for Butiá and Cerrito Projects

Overview

Toronto, Ontario–(Newsfile Corp. – November 26, 2024) – Lavras Gold Corp. (TSXV: LGC) (OTCQX: LGCFF) (“Lavras Gold” or the “Company”) has announced updates to its Butiá and Cerrito technical reports following a review by the Ontario Securities Commission (OSC).

Details of the Update

As a result of the OSC review, Lavras Gold has filed amended technical reports for the Butiá and Cerrito projects. The Cerrito Technical Report provides a mineral resource assessment for the Cerrito Gold Prospect in Rio Grande do Sul, Brasil, with an effective date of May 31, 2022. The Butiá Technical Report offers a similar assessment for the Butiá Gold Prospect, dated January 25, 2022.

This update signifies Lavras Gold’s commitment to transparency and adherence to regulatory standards in its reporting of mineral resources.

Impact on Individuals

For individual investors, the updated technical reports provide more accurate and reliable information about the Butiá and Cerrito projects. This can help investors make more informed decisions about their investments in Lavras Gold Corp.

Global Impact

On a global scale, the updated technical reports contribute to the overall transparency and trustworthiness of the mining industry. By ensuring compliance with regulatory standards, Lavras Gold sets a positive example for other mining companies around the world.

Conclusion

Overall, the updates to the Butiá and Cerrito technical reports demonstrate Lavras Gold Corp.’s commitment to upholding transparency and integrity in its reporting practices. By providing accurate and reliable information, the company not only benefits individual investors but also contributes to the credibility of the global mining industry as a whole.