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