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Lavras Gold launches focused drilling at Caneleira to expand high-grade gold resources and advance Fazenda-Butia project.

Company Fundamentals
14 Sep 2026
Newsfile Corp
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Bullish
Lavras Gold launches focused drilling at Caneleira to expand high-grade gold resources and advance Fazenda-Butia project.

Lavras Gold has initiated a targeted diamond drilling program at its Caneleira Target in Brazil to expand and better define high-grade gold mineral resources near the surface, potentially suitable for open-pit mining. This follows promising drill results showing significant gold grades, which could enhance the economics of the nearby Fazenda-Butia development project. The company has also completed critical environmental field studies, moving closer to submitting a Preliminary Environmental License by December 2026. Over the next six to eight months, drilling will prioritize higher-grade zones to support resource classification and metallurgical testing to assess gold recovery potential.

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