Lavras Gold Corp. announced that Drilling at the new Fazenda do Posto discovery on the Company's LDS Project in southern Brazil has returned assay results withably continuous mineralization of 340 metres grading 1.09 g/t gold from 117 metres including: 160 metres grading 1.79 g/t gold from 199 metres including 27 metres grading 2.07 g/t gold from 208 metres; 68 metres grading 2.09 g/t gold From 293 metres. The Fazenda do Posto discover is located along the western edge of the Lavras do Sul intrusive complex approximately 4.7 kilometres southwest of the town of Lavras do Sul.

Butia hosts an NI 43-101 compliant near-surface gold resource of about 500,000 ounces, as detailed in the NI 43-101 Technical Report Mineral Resource for Butia Gold Prospect dated and effective January 25, 2022. The highlights of drill hole 23FP002 gold assay results are 340 metres grading 1.09g/t gold from 117 metresincluding: 160 metres grading 1. 79 g/t gold from 199 meters including 27 metres grading 2.7 g/t gold from 208 meters; 68 metres grading 2.9 g/t gold from 293 metres. This new gold discovery is open in all directions.

Table 1 tabulates the assay results for the mineralized interval of drill hole 23FP002. Next steps at Fazenda do Posto and Butia Indications are that a significant gold mineral system is developing at the Fazenda do Posto gold discovery and the adjacent Butia Gold Deposit. The Caneleira Gold Discovery has been reinterpreted, and new gold mineral systems have been found at Zeca Souza, Galvao, Matilde, Matilde Extension, and Vila Marieta.

All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goias State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns. Location of Fazenda do Posto relative to Butia Gold Deposit, as well as the advanced gold discoveries at the LDS Project.

Location of Fazenda does Posto relative to Butia gold Deposit, as well as the Advanced gold discoveries at the LDS Project; Location of Fazenda do posto gold discovery and the adjacent butia Gold Deposit. Indications are that a significant Gold mineral system is developing at theFazenda do Posto gold discover and the adjacent Butia Gold deposit. The Caneleira gold Discovery has been reinterpreted and new gold mineral systems have be found at Zeca Souza.

Galvao, Matilde Extension, andVila Marieta. All Drill core samples in this drilling program consists of split NQ diamond drill Core. Drill core samples for gold assays are cut in half using a Diamond saw and submitted to ALS Laboratories, in Goiania, Goia State, Brazil for preparation by crushed to 85% passing 1. 0 mm, riffle splitting to obtained 500 g aliquots,and pulverizing to 85% passed 75 microns.

Location ofFazenda do Posto relative To Butia Gold Deposit, aswell as the advanced gold discoveries at The LDS Project. Location of Fizenda do Posto gold discovery - plan with assays. Indications are that a large gold discoveries at the LDS Project - plan with assays.

Highlights are that a significant gold mineral systems have been re interpreted, and new gold mineral systems are found at Zeca Souza and new gold mineral systems have was found at Zeca Souza (4), Galvao, Matilde extension, Matilde Extension), and Vila Marieta). All drill holes in this drilling program consist of Split NQ diamond drill core samples in this drilling program include: Drill core samples for gold assay were cut in half using a diamond see and submitted to ALS Laboratories Inc., Drill core samples for gold assay results from drill hole 23FP002 at 158 to 159 metres showing a cross-cutting centimetre scale sulphide veinlet consisting of pyrite, arsenian pyrite, and galena.