Lavras Gold Corp (TSE:LGC) has released an update.
Lavras Gold Corp. has revealed promising drilling results at the Fazenda do Posto Gold Target within their LDS Project in Southern Brazil, with one drill hole showing 2.9 grams per tonne (g/t) gold over 59 meters, including higher concentrations reaching 30.3 g/t gold over one meter. Additional findings include 0.7 g/t gold over 301 meters from the surface, suggesting significant gold mineralization. These results are expected to contribute to the company’s goal of establishing an economically viable gold resource in the region.
For further insights into TSE:LGC stock, check out TipRanks’ Stock Analysis page.