20:35:34 EST Mon 09 Feb 2026
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Lavras Gold Corp (2)
Symbol LGC
Shares Issued 58,819,633
Close 2026-02-09 C$ 2.94
Market Cap C$ 172,929,721
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Lavras hires firms to work on Brazil project studies

2026-02-09 16:54 ET - News Release

Mr. Hemdat Sawh reports

LAVRAS GOLD CORP SELECTS ENGINEERING FIRMS TO ADVANCE PROJECT DEVELOPMENT STUDIES

Lavras Gold Corp. has engaged a team of technical consultants to lead key workstreams in support of the company's application for a preliminary licence (LP) for its Butia-Fazenda do Posto (FdP) project at the Lavras do Sul project (LDS project) in Rio Grande do Sul, Brazil.

The company has selected Ausenco do Brasil Engenharia Ltda. to lead the process plant design and infrastructure engineering. Simultaneously, Brazil-based GE21 Consultoria Mineral has been appointed to initiate mine planning, and mine closure planning, along with resource model assessments as part of the company's continuing studies at its Butia-FdP project.

"We are very pleased to partner with these top-tier firms as we advance Butia-Fazenda do Posto project to the PEA stage," said Hemdat Sawh, interim chief executive officer and chief financial officer. "Our recent drill results continue to validate the project's potential, and we look forward to providing further updates on the ongoing drill program as they occur."

Ausenco

Ausenco is a global engineering, consulting and project delivery firm built for the minerals and metals industry. With three decades of global experience, they work alongside clients to navigate complex challenges from first study to final closure -- across every phase, on five continents. Deeply rooted in the minerals and metals industry, their people combine technical depth, hands-on expertise and hard-earned insight to deliver practical, forward-thinking solutions that reduce risk and unlock value.

GE21

GE21 is a specialized and independent company that operates in geology and mining engineering projects with a team of experts in 3-D modelling, geostatistics, geometallurgy, audits, technical studies of economic viability and international certification, counting with more than 15 QPs (qualified persons).

About Lavras Gold Corp.

Lavras Gold is a Canadian exploration company focused on realizing the potential of its LDS project situated in a highly prospective gold district in southern Brazil. The LDS project is located near the town of Lavras do Sul in Rio Grande do Sul, in Rio Grande do Sul state of Brazil, and is primarily an intrusive hosted gold system of possible alkaline affinity. More than 24 gold prospects centred on historic gold workings have been identified on the LDS project properties, which span more than 23,000 hectares.

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