# Lavras Gold Approves Fourth Diamond Drill Rig to Fast-Track Cerrito North Drill Testing; Fazenda-Butia LP Application Remains on Track

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c

Original source: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3135-tsx-venture/lgc/213293-lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill-testing-fazenda-butia-lp-application-remains-on-track.html

Publisher: jmn

Original announcement: 2026-10-21T23:20:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-21T12:29:50.483Z

Atlas analysis updated: 2026-10-21T12:29:50.483Z

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Approval of a fourth drill rig to accelerate exploration at a new target.

- Positive factor: High-grade surface rock samples \(up to 6.52 g/t Au and &gt;100 g/t Ag\) at the new Cerrito North target.

- Positive factor: Permitting application for Fazenda-Butia project remains on track and received an extension of terms of reference.

- Negative factor: Rock samples are selective and not necessarily representative of mineralization.

- Negative factor: No actual drill results are reported in this release, only planned drilling.

Facts used in scoring: 79

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Story-specific tag

Definition: 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 &amp; 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 Lab**

Polarity: positive

Story-specific tag

Definition: 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 Signed**

Polarity: positive

Story-specific tag

Definition: 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 Present**

Polarity: negative

Story-specific tag

Definition: 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 \(&gt;100 g/t\) , together with 3,792 ppm lead, 573 ppm zinc, 180 ppm copper, 397 ppm molybdenum and 3.4% sulphur.

**Exploration Drilling**

Polarity: neutral

Story-specific tag

Definition: 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 Play**

Polarity: neutral

Story-specific tag

Definition: 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 Estimate**

Polarity: negative

Story-specific tag

Definition: Effective date is &gt;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)

### 26CRN001

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-52)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN001

Context: 26CRN001

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN002

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-53)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN002

Context: 26CRN002

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN003

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-54)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN003

Context: 26CRN003

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN004

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-55)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN004

Context: 26CRN004

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN005

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-56)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN005

Context: 26CRN005

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN006

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-57)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN006

Context: 26CRN006

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN007

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-58)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN007

Context: 26CRN007

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN008

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-59)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN008

Context: 26CRN008

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN009

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-60)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN009

Context: 26CRN009

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN010

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-61)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN010

Context: 26CRN010

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN011

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-62)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN011

Context: 26CRN011

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN012

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-63)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN012

Context: 26CRN012

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN013

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-64)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN013

Context: 26CRN013

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN014

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-65)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN014

Context: 26CRN014

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN015

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-66)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN015

Context: 26CRN015

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN016

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-67)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN016

Context: 26CRN016

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN017

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-68)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN017

Context: 26CRN017

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN018

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-69)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN018

Context: 26CRN018

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN019

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-70)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN019

Context: 26CRN019

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN020

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-71)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN020

Context: 26CRN020

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN021

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-72)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN021

Context: 26CRN021

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

### 26CRN022

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-drill-facts-73)

Cerrito North

#### 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 factor: Planned drill hole contributes to the first-pass exploration program at a new target.

- Negative factor: This is a planned hole, not an actual drill result.

Evidence · table

> 26CRN022

Context: 26CRN022

#### 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

## Resource Estimates (5)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-resource-facts-74)

Cerrito · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: This is a historical resource estimate, not new information.

- Negative factor: 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-resource-facts-75)

Cerrito · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: This is a historical resource estimate, not new information.

- Negative factor: The effective date of the estimate is over two years old, raising concerns about data currency.

- Negative factor: 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.4 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-resource-facts-76)

Fazenda-Butia · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: This is a historical resource estimate, not new information.

- Negative factor: 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 Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.7 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-resource-facts-77)

Fazenda-Butia · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: This is a historical resource estimate, not new information.

- Negative factor: 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.7 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/lavras-gold-approves-fourth-diamond-drill-rig-to-fast-track-cerrito-north-drill--ae962c4c-9ee2-4692-9d05-f5a0fae1924c#fact-resource-facts-78)

Fazenda-Butia · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: This is a historical resource estimate, not new information.

- Negative factor: The effective date of the estimate is over two years old, raising concerns about data currency.

- Negative factor: 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;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.
