Lavras Gold Returns Broad Continuous Zones of Gold Mineralization from Ongoing Fazenda - Butia Drilling in Brazil

The news release dated January 5, 2026, announces significant drill results from the Fazenda/Butiá project in Brazil. Key intercepts include 190.0 meters grading 1.01 g/t Au (Hole 25BT068) and 21.0 meters grading 3.12 g/t Au (Hole 25BT063). The company has completed 16,714 meters of its planned 20,000-meter program and has already committed to a new 20,000-meter diamond drilling program for 2026. Interim CEO Hemdat Sawh stated that these results enhance the geological model required for a future development decision and resource estimation.

The impact is Material - Positive for the following reasons: - Continuity of Grade and Width: The 190-meter intercept at ~1 g/t from surface confirms the bulk-tonnage potential of the intrusive-hosted system. This consistency is critical for project economics. - Geological De-risking: The drilling successfully combined infill and step-out holes, improving the confidence levels for the upcoming resource update. - Scale: The 2026 commitment to another 20,000 meters suggests management sees enough potential to warrant aggressive spending, though this has financial implications. - Convergence: Previous news (Sept 2025) indicated a connection between Butiá and Fazenda do Posto; this release reinforces that these are not isolated pockets but a larger, continuous mineralized system.

Lavras Gold Corp. is focused on the LDS Project (Lavras do Sul) in Rio Grande do Sul, Brazil. The property covers 23,000 hectares and 34 mineral rights. The flagship is the Butiá Gold Deposit, which has an existing M&I resource of 377k oz at 0.91 g/t Au. The project is characterized by intrusive-hosted, bulk-tonnage mineralization that is often disseminated and starts at surface, allowing for potential open-pit mining.