Lavras Gold Approves Fourth Diamond Drill Rig to Fast-Track Cerrito North Drill Testing; Fazenda-Butia LP Application Remains on Track
Original announcement by jmn on
- Company
- Lavras Gold Corp.
- Ticker
- LGC
- Exchange
- TSXV
- Region
- Rio Grande do Sul, Brazil
- Primary commodity
- Gold
- Secondary commodities
- Silver, Lead, Zinc, Copper, Molybdenum, Tungsten, Antimony, Arsenic, Sulfur
- Document categories
- Other, Permitting, Drill results, Resource update
- Extracted
- 2026-10-21 12:29:51 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Lavras Gold has approved a fourth diamond drill rig to fast-track initial testing at the newly identified Cerrito North target within its Lavras do Sul Project in Brazil. This new target, located on the northern continuation of the Caneleira trend, is supported by high-grade rock samples up to 6.52 g/t gold and strong geochemical/geophysical indicators. Concurrently, the company remains on track to submit its Fazenda-Butia LP application by year-end, with an extension granted for its Terms of Reference.
Reasoning: Lavras Gold is expanding its exploration capacity to a new, promising target (Cerrito North) supported by high-grade surface samples, while also making progress on permitting for its Fazenda-Butia project, indicating strong advancement of its development strategy.
Positive factors
- Approval of a fourth drill rig to accelerate exploration at a new target.
- High-grade surface rock samples (up to 6.52 g/t Au and >100 g/t Ag) at the new Cerrito North target.
- Permitting application for Fazenda-Butia project remains on track and received an extension of terms of reference.
Negative factors
- Rock samples are selective and not necessarily representative of mineralization.
- No actual drill results are reported in this release, only planned drilling.
Facts used in scoring: 79
Classification and evidence
QA/QC Disclosedpositive · Story-specific tag
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release includes a detailed QA/QC section outlining sample handling, preparation, analysis, and the use of certified reference materials and blanks.
Evidence · text
“QA/QC Quality Assurance & Quality Control: Sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices.”
Certified Labpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: SGS GEOSOL Laboratórios S.A. is explicitly stated as being accredited to ISO/IEC 17025:2017.
Evidence · text
“SGS GEOSOL Laboratórios S.A. of Vespasiano, Minas Gerais State, Brazil, a laboratory accredited to ISO/IEC 17025:2017.”
QP/CP Signedpositive · Story-specific tag
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Jonathan Hill is named as the 'Qualified Person' under NI 43-101 and has reviewed and approved the technical information.
Evidence · text
“Jonathan Hill, Director and Interim Vice President of Exploration for Lavras Gold Corp., is the "Qualified Person" as defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has reviewed and approved the technical information contained in this release.”
Deleterious Elements Presentnegative · Story-specific tag
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: Rock sample 23464 returned elevated levels of lead, zinc, copper, molybdenum, and 3.4% sulphur, and the geochemical signature mentions tungsten, molybdenum, antimony, and arsenic.
Evidence · text
“The highest gold value, sample 23464, also returned silver above the upper reporting limit of the method (>100 g/t) , together with 3,792 ppm lead, 573 ppm zinc, 180 ppm copper, 397 ppm molybdenum and 3.4% sulphur.”
Exploration Drillingneutral · Story-specific tag
No canonical definition is currently available.
Why it applies: The planned drill program at Cerrito North is described as a 'first pass test' to establish if surface geochemistry is underlain by mineralized bedrock, not to define continuity or support resource estimation.
Evidence · text
“The program is a first pass test of the target: its objective is to establish whether the gold-in-soil anomaly is underlain by mineralized bedrock at shallow depth, rather than to define continuity or to support the estimation of mineral resources.”
Nearology Playneutral · Story-specific tag
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: Cerrito North is positioned as being 'on the northern continuation of the Caneleira trend' and 'approximately two kilometres north-northwest of the Cerrito deposit'.
Evidence · text
“Located approximately two kilometres north-northwest of the Cerrito deposit and on the northern continuation of the Caneleira trend, Cerrito North extends the Company's systematic testing of this district-scale corridor.”
Stale Estimatenegative · Story-specific tag
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: The effective dates for the referenced Cerrito and Fazenda-Butia resource estimates are May 31, 2022, and January 25, 2022, respectively, which are over two years old.
Evidence · text
“NI 43-101 Technical Report Mineral Resource for the Butiá Gold Prospect, Rio Grande do Sul, Brasil. Prepared by VMG Consultoria e Soluções Ltda., effective date January 25, 2022, amended report date November 15, 2024.”
Extracted facts
Stored fact records: 27. Some facts used in scoring do not have a stored record.
Drill Results (22)
26CRN001Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN001
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 223302
- Northing
- 6590821
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 378 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN001”
Context: 26CRN001
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN002Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN002
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 223687
- Northing
- 6590792
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 359 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN002”
Context: 26CRN002
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN003Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN003
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 223321
- Northing
- 6590772
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 385 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN003”
Context: 26CRN003
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN004Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN004
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 223690
- Northing
- 6590760
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 365 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN004”
Context: 26CRN004
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN005Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN005
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 223406
- Northing
- 6590771
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 388 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN005”
Context: 26CRN005
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN006Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN006
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 223689
- Northing
- 6590721
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 362 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN006”
Context: 26CRN006
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN007Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN007
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 223394
- Northing
- 6590818
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 372 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN007”
Context: 26CRN007
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN008Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN008
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 150 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 223696
- Northing
- 6590697
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 364 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN008”
Context: 26CRN008
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN009Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN009
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 223369
- Northing
- 6590736
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 373 m
- Azimuth
- 220 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN009”
Context: 26CRN009
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN010Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN010
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 223905
- Northing
- 6590822
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 370 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN010”
Context: 26CRN010
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN011Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN011
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 223494
- Northing
- 6590858
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 368 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN011”
Context: 26CRN011
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN012Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN012
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 150 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 223523
- Northing
- 6590678
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 369 m
- Azimuth
- 220 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN012”
Context: 26CRN012
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN013Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN013
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 223494
- Northing
- 6590811
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 370 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN013”
Context: 26CRN013
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN014Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN014
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 150 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 224297
- Northing
- 6590864
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 360 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN014”
Context: 26CRN014
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN015Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN015
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 150 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 224094
- Northing
- 6590882
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 366 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN015”
Context: 26CRN015
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN016Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN016
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 150 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 224296
- Northing
- 6590924
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 359 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN016”
Context: 26CRN016
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN017Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN017
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 224105
- Northing
- 6590832
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 361 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN017”
Context: 26CRN017
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN018Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN018
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 100 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 224348
- Northing
- 6590922
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 350 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN018”
Context: 26CRN018
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN019Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN019
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 224039
- Northing
- 6590785
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 365 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN019”
Context: 26CRN019
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN020Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN020
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 223520
- Northing
- 6590739
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 373 m
- Azimuth
- 220 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN020”
Context: 26CRN020
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN021Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN021
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 100 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 224310
- Northing
- 6590770
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 346 m
- Azimuth
- 170 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN021”
Context: 26CRN021
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
26CRN022Cerrito NorthView all detailsHide details
Identity
- Hole ID
- 26CRN022
- Project
- Cerrito North
- Region
- brazil
- Reported Region
- brazil
- Ticker
- LGC
Geometry
- Hole Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Easting
- 223218
- Northing
- 6590796
- CRS
- WGS 84 / UTM zone 22S
- EPSG
- 32722
- Elevation
- 393 m
- Azimuth
- 220 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic, lead, zinc, copper, molybdenum, sulphur, tungsten, antimony
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This planned drill hole is part of the initial exploration program at Cerrito North, aiming to test the gold-in-soil anomaly at shallow depth.
Positive factors
- Planned drill hole contributes to the first-pass exploration program at a new target.
Negative factors
- This is a planned hole, not an actual drill result.
Evidence · table
“26CRN022”
Context: 26CRN022
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
Resource Estimates (5)
indicatedCerrito · goldTonnes: 8300000Grade: 0.7Grade Unit: g/tContained Metal: 188000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Cerrito
- Commodity
- gold
- Region
- brazil
- Reported Region
- Rio Grande do Sul, Brazil
- Ticker
- LGC
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- VMG Consultoria e Soluções Ltda.
- Resource group id
- resource:97f8a786774087dc7800
Resource Data
- Category
- indicated
- Tonnes
- 8300000
- Grade
- 0.7
- Grade Unit
- g/t
- Contained Metal
- 188000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2022-05-31
Lab
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-11-15T00:00:00.000Z
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This is a historical Indicated mineral resource estimate for the Cerrito deposit, provided for context and not representing new information.
Negative factors
- This is a historical resource estimate, not new information.
- The effective date of the estimate is over two years old, raising concerns about data currency.
Evidence · text
“Indicated mineral resource estimate of 8.3 million tonnes ("Mt") grading 0.70 grams per tonne ("g/t") Au containing 188,000 ounces ("oz") of Au”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.4 years before this release
inferredCerrito · goldTonnes: 13200000Grade: 0.69Grade Unit: g/tContained Metal: 293000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Cerrito
- Commodity
- gold
- Region
- brazil
- Reported Region
- Rio Grande do Sul, Brazil
- Ticker
- LGC
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- VMG Consultoria e Soluções Ltda.
- Resource group id
- resource:3fe05bb70991b84154b9
Resource Data
- Category
- inferred
- Tonnes
- 13200000
- Grade
- 0.69
- Grade Unit
- g/t
- Contained Metal
- 293000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2022-05-31
Lab
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-11-15T00:00:00.000Z
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This is a historical Inferred mineral resource estimate for the Cerrito deposit, provided for context and not representing new information, with lower confidence due to its category.
Negative factors
- This is a historical resource estimate, not new information.
- The effective date of the estimate is over two years old, raising concerns about data currency.
- Inferred resources have the lowest level of geological confidence and cannot be used for economic studies.
Evidence · text
“Inferred mineral resource estimate of 13.2Mt grading 0.69 g/t Au containing 293,000 oz Au”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.4 years before this release
measuredFazenda-Butia · goldTonnes: 4600000Grade: 0.88Grade Unit: g/tContained Metal: 132000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Fazenda-Butia
- Commodity
- gold
- Region
- brazil
- Reported Region
- Rio Grande do Sul, Brazil
- Ticker
- LGC
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- VMG Consultoria e Soluções Ltda.
- Resource group id
- resource:68fb7d17d55fa070109c
Resource Data
- Category
- measured
- Tonnes
- 4600000
- Grade
- 0.88
- Grade Unit
- g/t
- Contained Metal
- 132000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2022-01-25
Lab
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-11-15T00:00:00.000Z
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This is a historical Measured mineral resource estimate for the Fazenda-Butia deposit, provided for context and not representing new information.
Negative factors
- This is a historical resource estimate, not new information.
- The effective date of the estimate is over two years old, raising concerns about data currency.
Evidence · text
“Measured mineral resources of 4.6 million tonnes grading 0.88 g/t gold containing 132,000 ounces of gold”
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.7 years before this release
indicatedFazenda-Butia · goldTonnes: 8300000Grade: 0.92Grade Unit: g/tContained Metal: 246000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Fazenda-Butia
- Commodity
- gold
- Region
- brazil
- Reported Region
- Rio Grande do Sul, Brazil
- Ticker
- LGC
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- VMG Consultoria e Soluções Ltda.
- Resource group id
- resource:6e6ea8fe65c3bfd4e956
Resource Data
- Category
- indicated
- Tonnes
- 8300000
- Grade
- 0.92
- Grade Unit
- g/t
- Contained Metal
- 246000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2022-01-25
Lab
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-11-15T00:00:00.000Z
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This is a historical Indicated mineral resource estimate for the Fazenda-Butia deposit, provided for context and not representing new information.
Negative factors
- This is a historical resource estimate, not new information.
- The effective date of the estimate is over two years old, raising concerns about data currency.
Evidence · text
“Indicated mineral resources of 8.3 million tonnes grading 0.92 g/t gold containing 246,000 ounces of gold”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.7 years before this release
inferredFazenda-Butia · goldTonnes: 3700000Grade: 0.97Grade Unit: g/tContained Metal: 115000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Fazenda-Butia
- Commodity
- gold
- Region
- brazil
- Reported Region
- Rio Grande do Sul, Brazil
- Ticker
- LGC
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- VMG Consultoria e Soluções Ltda.
- Resource group id
- resource:68b2791ffbc433f5d523
Resource Data
- Category
- inferred
- Tonnes
- 3700000
- Grade
- 0.97
- Grade Unit
- g/t
- Contained Metal
- 115000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2022-01-25
Lab
- Laboratory
- SGS GEOSOL Laboratórios Ltda.
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-11-15T00:00:00.000Z
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This is a historical Inferred mineral resource estimate for the Fazenda-Butia deposit, provided for context and not representing new information, with lower confidence due to its category.
Negative factors
- This is a historical resource estimate, not new information.
- The effective date of the estimate is over two years old, raising concerns about data currency.
- Inferred resources have the lowest level of geological confidence and cannot be used for economic studies.
Evidence · text
“Inferred mineral resources of 3.7 million tonnes grading 0.97 g/t gold containing 115,000 ounces of gold”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.7 years before this release
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.