Lavras Gold Corp. (TSXV: LGC) will celebrate its launch and new public listing when it rings the bell to open trading on the Toronto Stock Exchange on Monday, June 6.
The company was spun out of Amarillo Gold Corporation, which was bought by Hochschild Mining PLC earlier this year.
Lavras Gold’s long-term objective is to unlock the gold mineral endowment of its highly-prospective Lavras do Sul Property (LDS) in southern Brazil.
Its immediate goals are to grow property-wide gold resources to at least one million ounces, drill-test five priority exploration targets, and consolidate its total number of shares outstanding.
Located in the state of Rio Grande do Sul, the LDS Project is believed to host an alkaline porphyry gold-copper system. More than 23 gold prospects centred on historic gold workings have been identified on the property, which spans more than 22,000 hectares.
“This a great way to mark our new start,” President and CEO, Michael Durose, said.
“It’s a very busy, exciting time: our share consolidation becomes effective next week and with two drills turning, we have a lot to look forward to.”
For further information please visit: https://lavrasgold.com/
