Lavras Gold Corp ( (TSE:LGC) ) has shared an announcement.
Lavras Gold Corp. announced significant drilling results from the Butiá Gold Deposit at its LDS Project in southern Brazil, with intersections showing promising gold mineralization. These results are part of the company’s efforts to define an economically feasible gold resource, enhancing confidence in the Butiá gold resource and potentially increasing its gold endowment. The company is also conducting a comprehensive metallurgical test program to further its short-term goal of establishing a viable gold mine in this highly prospective district.
More about Lavras Gold Corp
Lavras Gold Corp. operates in the mining industry, focusing on gold exploration and development. The company’s primary project is the LDS Project in southern Brazil, which includes the Butiá Gold Deposit and the Fazenda do Posto gold target.
YTD Price Performance: -10.83%
Average Trading Volume: 54,711
Technical Sentiment Consensus Rating: Sell
For an in-depth examination of LGC stock, go to TipRanks’ Stock Analysis page.