Lavras Gold Corp.

Toronto, Ontario--(Newsfile Corp. - October 13, 2026) - Lavras Gold Corp. (TSXV: LGC) (OTCQX: LGCFF) ("Lavras Gold" or the "Company") today reports the results of an independent geochemical interpretation of its Lavras do Sul Project ("LDS Project" or the "Project") in Rio Grande do Sul, Brazil, and introduces Cerrito North as a new exploration target. The interpretation was subsequently completed by the independent consulting geochemist who participated in the Company's specialist technical workshop held in April 2026 (see news release dated May 12, 2026). It integrates the Company's soil geo...

The Company has approved a focused diamond drilling program on the Caneleira Target, commencing immediately, designed to expand the mineralized footprint, and delineate shallow, potentially open pit mineable mineral resources.Following the specialist technical workshop (see news release dated May 12, 2026) and ongoing geological interpretation, Caneleira has been reframed as a single consolidated target, encompassing Caneleira Central, Caneleira East (previously referred to by the Company as the Olaria gold discovery), and earlier-stage targets to the west and north.The decision follows the hi...

Shallow drilling has provided further evidence near-surface continuity of the high-grade, northwest-southeast trending vein system at Caneleira - the primary objective of the infill program (see news release dated May 19, 2026), when the highest-grade intercepts reported to date sat more than 100 metres below surface.At Caneleira East (previously referred to by the Company as the Olaria gold discovery), located approximately 3.1 kilometres northeast of the Butia Gold Deposit, new drilling has intersected gold mineralization up-dip and closer to surface than the discovery intercept, advancing t...