# Lavras Gold Approves Accelerated Drill Program on Expanded Caneleira Target; and Announces Completion of Eia Field Studies, Ahead of Preliminary License Permit Application Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lavras-gold-approves-accelerated-drill-program-on-expanded-caneleira-target-and--c8ef6a6a-5fc2-449b-9fef-7473d6e87237 Original source: https://lavrasgold.com/lavras-gold-approves-accelerated-drill-program-on-expanded-caneleira-target-and-announces-completion-of-eia-field-studies-ahead-of-preliminary-license-permit-application/ Publisher: prospectors\_exchange Original announcement: 2026-09-14T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-16T17:03:29.134Z Atlas analysis updated: 2026-09-16T17:03:29.134Z - Company: Lavras Gold Corp. - Ticker: LGC - Exchange: Unavailable - Region: Rio Grande do Sul, Brazil - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Permitting, Other - Extracted: 2026-09-16 17:03:29 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Lavras Gold has approved an accelerated 25,000m diamond drilling program on the consolidated Caneleira Target to expand its footprint and delineate resources. The company also announced the completion of critical EIA field studies, moving the Fazenda-Butia Project closer to a Preliminary License permit application by December 2026. Recent drill results from Caneleira include high-grade intercepts such as 24.30 g/t Au over 9m. Reasoning: The company reported significant high-grade gold intercepts and achieved a major permitting milestone with the completion of EIA field studies, while also approving an expanded drilling program. - Positive factor: High-grade gold intercepts reported at Caneleira - Positive factor: Completion of critical EIA field studies - Positive factor: Approval of 25,000m accelerated drill program - Positive factor: Consolidation of Caneleira into a single larger target - Negative factor: True width not disclosed for new intercepts - Negative factor: Metallurgical test work for Caneleira is only planned, not completed Facts used in scoring: 4 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release details specific QA/QC procedures including chain-of-custody, split NQ diamond core, and use of blanks, standards, and duplicates. Evidence · text > All drill hole samples in the drilling programs referred to in this release consist of split NQ diamond drill core... blanks and standards, certified reference material are inserted into the sample stream ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### 26CN044 [Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-accelerated-drill-program-on-expanded-caneleira-target-and--c8ef6a6a-5fc2-449b-9fef-7473d6e87237#fact-drill-facts-0) Caneleira East · gold #### Identity - Hole ID: 26CN044 - Project: Caneleira East - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: LGC #### Geometry - Grade: 24.3 - Grade Unit: g/t - Intercept: 9 m - From: 87 m - To: 96 m - Intercept Depth: 87 m #### Classification - Program: resource - Sample Type: drill - Group ID: 26CN044:87-96 - Mining Method: open\_pit #### Location - Loc. Confidence: medium #### QA/QC - Laboratory: ALS Laboratories Inc. - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: 24.3 g/t Au over 9m is a strong intercept for an epithermal/vein system. - Positive factor: High grade intercept - Negative factor: Apparent width only Evidence · text > Hole 26CN044 returned 24.30 grams per tonne \(“g/t”\) gold \(“Au”\) over a drilled width of 9 metres \(“m”\) from 87m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The decision follows the high-grade, near-surface results announced on August 24, 2026 , which the Company considers dir" #### Rejected tags **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The intercept is reported as a drilled width with no true width stated. Evidence · text > over a drilled width of 9 metres \(“m”\) from 87m ### 26CN044 [Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-accelerated-drill-program-on-expanded-caneleira-target-and--c8ef6a6a-5fc2-449b-9fef-7473d6e87237#fact-drill-facts-1) Caneleira East · gold #### Identity - Hole ID: 26CN044 - Project: Caneleira East - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: LGC #### Geometry - Grade: 99.56 - Grade Unit: g/t - Intercept: 0.85 m - From: 87 m - To: 87.85 m - Intercept Depth: 87 m #### Classification - Program: resource - Sample Type: drill - Group ID: 26CN044:87-87.85 - Mining Method: open\_pit #### Location - Loc. Confidence: medium #### QA/QC - Laboratory: ALS Laboratories Inc. - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: 99.56 g/t Au is an exceptionally high grade. - Positive factor: Bonanza grade Evidence · text > including 99.56 g/t Au over a drilled width of 0.85m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The decision follows the high-grade, near-surface results announced on August 24, 2026 , which the Company considers dir" #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Reason: 99.56 g/t Au is exceptionally high grade. Evidence · text > including 99.56 g/t Au over a drilled width of 0.85m ### 26CN051 [Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-accelerated-drill-program-on-expanded-caneleira-target-and--c8ef6a6a-5fc2-449b-9fef-7473d6e87237#fact-drill-facts-2) Caneleira East · gold #### Identity - Hole ID: 26CN051 - Project: Caneleira East - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: LGC #### Geometry - Grade: 9.31 - Grade Unit: g/t - Intercept: 4 m - From: 10 m - To: 14 m - Intercept Depth: 10 m #### Classification - Program: resource - Sample Type: drill - Group ID: 26CN051:10-14 - Mining Method: open\_pit #### Location - Loc. Confidence: medium #### QA/QC - Laboratory: ALS Laboratories Inc. - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: 9.31 g/t Au over 4m is a strong intercept. - Positive factor: Strong grade - Negative factor: Apparent width only Evidence · text > Hole 26CN051 returned 9.31 g/t Au over a drilled width of 4m from 10m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The decision follows the high-grade, near-surface results announced on August 24, 2026 , which the Company considers dir" #### Rejected tags **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The intercept is reported as a drilled width with no true width stated. Evidence · text > over a drilled width of 4m from 10m ### 26CN051 [Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-accelerated-drill-program-on-expanded-caneleira-target-and--c8ef6a6a-5fc2-449b-9fef-7473d6e87237#fact-drill-facts-3) Caneleira East · gold #### Identity - Hole ID: 26CN051 - Project: Caneleira East - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: LGC #### Geometry - Grade: 17.29 - Grade Unit: g/t - Intercept: 2 m - From: 11 m - To: 13 m - Intercept Depth: 11 m #### Classification - Program: resource - Sample Type: drill - Group ID: 26CN051:11-13 - Mining Method: open\_pit #### Location - Loc. Confidence: medium #### QA/QC - Laboratory: ALS Laboratories Inc. - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: 17.29 g/t Au is a high grade intercept. - Positive factor: High grade Evidence · text > including 17.29 g/t Au over a drilled width of 2m from 11m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The decision follows the high-grade, near-surface results announced on August 24, 2026 , which the Company considers dir" #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Reason: 17.29 g/t Au is a high grade intercept. Evidence · text > including 17.29 g/t Au over a drilled width of 2m from 11m ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.