Released the results from nine new drill holes testing the Butiá Gold Deposit, located at the western edge of the LDS project in southern Brazil. Gold mineralization was intersected in all nine holes at the Butiá Deposit, which hosts a NI43-101 compliant measured, indicated and inferred gold resource of approximately 0.5 million ounces. Highlights: Hole 23BT016 returned: 154.0 metres grading 1.1 g/t gold from surface and including: 109.00 metres grading 1.4 g/t gold from surface: 29.0 metres grading 2.9 g/t gold from 25.0 metres, and 5.0 metres grading 4.7 g/t gold from 29.0 metres. Lavras Gold Corp. shares V.LGC are trading down $0.02 at $1.10.
Stocks in play: Lavras Gold Corp.
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Tue Feb 6, 2024
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