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Lavras Gold Returns Broad Continuous Zones of Gold Mineralization from Ongoing Fazenda - Butiá Drilling in Brazil Results demonstrate broad, continuous zones of gold mineralization consistent with the geological model for the Lavras do Sul alkaline intrusive complex.

Drill Results

Lavras Gold Returns Broad Continuous Zones

of Gold Mineralization from Ongoing Fazenda -

Butiá Drilling in Brazil

Results demonstrate broad, continuous zones of gold mineralization consistent with the geological

model for the Lavras do Sul alkaline intrusive complex.

Significant intersections include:

25BT068: 190.00 m at 1.01 g/t Au

from surface

(incl. 21.00 m at 2.25 g/t Au)

25BT067

:

65.00 m at 0.88 g/t Au

from 23.00 m (incl. 1.00 m at 16.05 g/t Au; and incl. 2.00

m at 11.28 g/t Au)

25BT063

:

21.00 m at 3.12 g/t Au

from 42.00 m (incl. 1.00 m at 47.73 g/t Au; and incl. 1.00

m at 5.11 g/t Au)

50 diamond drill holes (16,714m) have been completed at Butiá (33 holes, 9,791m) and Fazenda

(17 holes, 6,923m) in 2025.

A 20,000-metre drilling program is planned for 2026 to advance the Fazenda/Butiá Project and

drill test district-scale opportunities.

Toronto, Ontario--(Newsfile Corp. - January 5, 2026) -

Lavras Gold Corp. (TSXV: LGC) (OTCQX:

LGCFF)

("

Lavras Gold

" or the "

Compan

y") is pleased to announce new assay results from its ongoing

diamond drilling program on the Butiá Gold Deposit ("Butiá") and adjoining Fazenda do Posto Gold

Discovery ("Fazenda"), together described as the Fazenda/Butiá Project at the Lavras do Sul Project

("LDS Project") in Rio Grande do Sul, Brazil.

Today's results include 13 diamond drill holes completed at Butiá (10 holes) and Fazenda (3 holes)

completed since the previous disclosure of drill results (see news release dated September 8, 2025),

which continue to confirm the strength and continuity of the alkaline intrusive-related gold system

extending across the district.

"Today's results are consistent with what we have seen across this system,"

said Hemdat Sawh,

Interim CEO and CFO.

"Broad mineralized intervals containing high-grade shoots continue to

build the resource base at the Fazenda/Butiá Project and enhance our understanding of its

geological drivers. These intersections feed directly into the geological models that will underpin

the next phases of resource estimation and project development.

"Our drilling since September 2025 has been highly productive.

By combining infill drilling, step-

outs, and targeted geological drilling, we are simultaneously improving resource-classification

confidence, expanding mineralization, and deepening our understanding of structures,

alteration, metallurgical domains and mineralization vectors. This integrated approach is critical

as we position the Fazenda/Butiá Project for a future development decision, while continuing to

unlock the broader district-scale potential."

Table 1:

Significant Drilling Results, Fazenda/Butiá Project

Drill Hole

From

(m)

To

(m)

Interval

(m)

Grade

(g/t Au)

Comment

25BT072

48.0

69.0

21.0

1.100

Perthitic Granite

Including

51.0

52.0

1.0

9.753

Perthitic Granite

Including

60.0

61.0

1.0

2.303

Perthitic Granite

25BT068

0.0

190.0

190.0

1.014

Saprolite/Perthitic

Granite/Episyenite

Including

117.0

138.0

21.0

2.247

Episyenite

25BT067

23.0

88.0

65.0

0.877

Perthitic Granite

Including

41.0

42.0

1.0

16.050

Perthitic Granite

Including

51.0

53.0

2.0

11.278

Perthitic Granite

25BT066

211.0

286.0

75.0

0.743

Perthitic Granite/Episyenite

Including

238.0

243.0

5.0

5.651

Episyenite

25BT065

63.0

77.0

14.0

2.607

Perthitic Granite

Including

63.0

67.0

4.0

8.291

Perthitic Granite

112.0

210.0

98.0

0.577

Perthitic Granite/Episyenite

Including

140.0

148.0

8.0

1.268

Episyenite

Including

158.0

161.0

3.0

1.093

Episyenite

Including

170.0

184.0

14.0

1.006

Episyenite

25BT064

0.0

59.0

59.0

0.813

Episyenite

Including

8.0

19.0

11.0

1.056

Episyenite

Including

27.0

29.0

2.0

1.127

Episyenite

Including

35.0

56.0

21.0

1.050

Episyenite

25BT063

42.0

63.0

21.0

3.117

Perthitic Granite/Episyenite

Including

54.0

55.0

1.0

47.733

Episyenite

Including

59.0

60.0

1.0

5.110

Perthitic Granite

25FP048

0.0

33.0

33.0

0.799

Perthitic Granite/Episyenite

Including

11.0

12.0

1.0

18.067

Perthitic Granite

Note: All intervals are reported as down-hole lengths; true widths are not yet known.

Figure 1.

Isometric view of Fazenda/Butiá wireframe (based on gold grade modelled at a nominal 0.2g/t

Cut-off grade) showing the relative locations of the 13 diamond drill holes completed at this target since

September 2025.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/10429/279407_35c1b91d64b12a7e_002full.jpg

Summary of Results

Drilling results released today comprised included drilling completed since September 2025, which has

been designed as a combination of

infill drilling to support future resource classification

upgrades

,

step-out drilling to test extensions to previously defined mineralization

, and

geological drilling

intended to better understand post-mineral structures, alteration patterns,

geochemical vectors, and geometallurgical domains that may influence both tonnage and grade

distribution.

Results showed wide envelopes of continuous mineralization with periodic higher-grade intersections

related to zones of more intense brecciation, alteration and generally higher sulphide percentage.

Drilling also continues to enhance geological, structural, and metallurgical understanding across the

Fazenda/Butiá Project.

The Company continues to integrate structural (including geotechnical), lithological and alteration data

with multi-element geochemistry and geometallurgical characterization. These datasets will form the

foundation to progress the preparation of geological and mineral resource models.

Next Steps

In line with Lavras Gold's most recent corporate update (see news release dated November 24, 2025),

the Company plans to complete 20,000 metres of diamond drilling in 2026. The objectives of this

program will be to:

1

.

Advance Fazenda/Butiá toward a mine development decision

, supported by upgraded

mineral resources and improved geological confidence.

2

.

Continue systematic exploration across the LDS Project

, leveraging the project's unique

scale and peralkaline intrusive setting.

As part of the 2026 drill campaign and in efforts to advance the Fazenda/Butiá Project, Lavras Gold will:

Incorporate new drilling data into detailed 3D geological and structural models;

Refine geometallurgical domains to support future engineering studies;

Execute drilling focused on resource growth, classification upgrade, and district-scale exploration;

and

Integrate multi-disciplinary datasets to drive targeting and project development.

Qualified Person

Jonathan Hill, Director and Interim Vice President of Exploration for Lavras Gold Corp., is the "Qualified

Person" as ​defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects, and

has reviewed and approved the technical information contained in this release.

QA/QC

Quality Assurance & Quality Control: Sample handling, preparation, and analysis are monitored through

the implementation of formal chain-of-custody procedures and quality assurance/quality control

programs designed to follow industry best practices.

All drill hole samples in this drilling program consist of split NQ diamond drill core. Drill core is logged

and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core

samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in

Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain

500g aliquots, and pulverizing to 85% passing 75 microns.

Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50g fire assay and AAS

finish. Three 50g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh

rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized

sample.

Certified standards, non-certified blanks and field duplicates are inserted into the sample

stream at

regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely

evaluated for accuracy, precision, and contamination.

Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are

lower than this threshold may provide exploration insight and may therefore be disclosed. The Company

maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and

the insertion of blanks and standards (certified reference material).

About the LDS Project

The LDS Project is centred on the town of Lavras do Sul in Rio Grande do Sul, Brazil. It is approximately

320 kilometres, or a 4.5-hour drive, from the state capital of Porto Alegre. The Company, through its

subsidiary holds, directly or indirectly, contractual interests over 34 mineral rights covering approximately

23,000 hectares.

The LDS intrusive complex is a multiphase intrusive centre that is surrounded by coeval volcanic rocks to

the east. Geologically, LDS is in the far south of the Neoproterozoic Mantiqueira Province, a 2,700-

kilometre-long belt of tectonically and magmatically accreted terrains that stretch as far south as the

coastline of central Uruguay and north into southern Bahia State in Brazil. The most advanced targets

are the Butiá and Cerrito gold deposits - Butiá with 12.9 million tonnes grading 0.91 grams per tonne

(g/t) gold containing 377,000 ounces in the Measured and Indicated categories and 3.7 Mt grading 0.97

g/t gold containing 115,000 ounces in the Inferred category, and Cerrito with 8.2 Mt grading 0.70 g/t gold

containing 188,000 ounces in the Indicated category and 13.2 Mt grading 0.69 g/t gold containing

293,000 ounces in the Inferred category.

1,2

1

.

NI 43-101 Technical Report Mineral Resource for the Butiá Gold Prospect, Rio Grande do Sul, Brasil

. Prepared by VMG Consultoria e

Soluções Ltda. January 25, 2022 (Effective Date).

2

.

NI 43-101 Technical Report Mineral Resource for the Cerrito Gold Prospect, Rio Grande do Sul, Brasil

. Prepared by VMG Consultoria e

Soluções Ltda. May 31, 2022 (Effective Date).

About Lavras Gold Corp.

Lavras Gold Corp.

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. For more information on Lavras Gold visit

www.lavrasgold.com

.

On Behalf of Lavras Gold Corp.

"

Hemdat Sawh

"

Interim CEO and CFO

Hemdat Sawh, Interim CEO, and CFO

Phone: +1-289-624-1375

Email:

[email protected]

Website:

www.lavrasgold.com

Disclaimer:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or

accuracy of this release.

Forward looking statements:

This news release includes certain "forward-looking information" within

the meaning of Canadian securities legislation and "forward-looking statements" within the meaning of

the United States Private Securities Litigation Reform Act of 1995 (collectively "forward looking

statements"). Forward-looking statements include predictions, projections and forecasts and are often,

but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate",

"forecast", "expect", "potential", "project", "target", "schedule", "budget" and "intend" and statements that

an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar

expressions and includes the negatives thereof. All statements other than statements of historical fact

included in this release, are forward-looking statements that involve various risks and uncertainties,

including regarding the Company's plans to carry out work, complete a technical report and a PEA.

There can be no assurance that such statements will prove to be accurate and actual results and future

events could differ materially from those anticipated in such statements. Forward-looking statements are

based on a number of material factors and assumptions. Important factors that could cause actual results

to differ materially from Company's expectations include actual exploration results, changes in project

parameters as plans continue to be refined, results of future resource estimates, future metal prices,

availability of capital and financing on acceptable terms, general economic, market or business

conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and

equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government

approvals, unanticipated environmental impacts on operations and costs to remedy same, and other

exploration or other risks detailed herein and from time to time in the filings made by the Company with

securities regulators. Although the Company has attempted to identify important factors that could cause

actual actions, events or results to differ from those described in forward-looking statements, there may

be other factors that cause such actions, events or results to differ materially from those anticipated.

There can be no assurance that forward-looking statements will prove to be accurate and accordingly

readers are cautioned not to place undue reliance on forward-looking statements

.

Table 2.

Diamond drill hole data for Fazenda/Butiá for 13 holes drilled since September, 2025

Drill Hole

Easting

Northing

Elevation

(metres)

Azimuth

(Degrees)

Dip (Degrees)

Start Depth

(metres)

Final Depth

(metres)

25_BT_063

218191

6586513

382

200

-60

0

354.86

25_BT_064

218113

6586447

390

200

-60

0

369.54

25_BT_065

218137

6586379

395

290

-60

0

345.79

25_BT_066

218031

6586564

371

0

-90

0

401.71

25_BT_067

218277

6586588

373

110

-60

0

186.51

25_BT_068

218115

6586588

367

200

-60

0

391.32

25_BT_069

218331

6586625

372

290

-60

0

142.43

25_BT_070

217985

6586535

375

200

-60

0

214.34

25_BT_071

218244

6586554

381

110

-60

0

102.33

25_BT_072

218245

6586550

366

20

-60

0

139.51

25_FP_046

217550

6586811

380

110

-60

0

607.09

25_FP_047

217553

6586810

381

260

-60

0

483.99

25_FP_048

217934

6586557

376

200

-60

0

318.45

Table 3.

Results for all diamond drill intersections Fazenda/Butiá for 13 holes drilled since September,

2025

Drill Hole

From

(m)

To

(m)

Interval

(m)

Grade

(g/t Au)

Comment

25BT072

5.00

6.00

1.00

0.408

Perthitic Granite

39.00

40.00

1.00

0.201

Perthitic Granite

48.00

69.00

21.00

1.100

Perthitic Granite

Including

51.00

52.00

1.00

9.753

Perthitic Granite

Including

60.00

61.00

1.00

2.303

Perthitic Granite

25BT071

52.00

53.00

1.00

1.370

Perthitic Granite

59.00

61.00

2.00

1.080

Perthitic Granite

25BT070

2.00

37.00

35.00

0.477

Episyenite

Including

19.00

20.18

1.18

1.342

Episyenite

Including

33.00

37.00

4.00

1.206

Episyenite

44.00

45.00

1.00

0.299

Perthitic Granite

111.00

112.00

1.00

0.224

Perthitic Granite

147.00

151.00

4.00

0.216

Perthitic Granite

25BT069

8.00

15.00

7.00

0.328

Saprolite

25BT068

0.00

190.00

190.00

1.014

Saprolite/Perthitic

Granite/Episyenite

Including

7.00

8.00

1.00

3.493

Saprolite

Including

50.00

51.00

1.00

2.032

Perthitic Granite

Including

58.00

59.00

1.00

2.237

Episyenite

Including

99.00

100.00

1.00

2.837

Episyenite

Including

107.00

108.00

1.00

14.650

Episyenite

Including

113.00

114.00

1.00

2.450

Episyenite

Including

117.00

138.00

21.00

2.247

Episyenite

Including

144.00

147.00

3.00

2.227

Episyenite

Including

151.00

152.00

1.00

2.203

Episyenite

Including

154.00

155.00

1.00

2.058

Episyenite

Including

180.00

181.00

1.00

2.030

Episyenite

Including

183.00

184.00

1.00

3.293

Episyenite

Including

186.00

187.00

1.00

18.667

Episyenite

274.00

275.00

1.00

0.247

Perthitic Granite

280.00

281.00

1.00

0.201

Episyenite

287.00

306.00

19.00

0.202

Perthitic Granite/Episyenite

Including

305.00

306.00

1.00

0.930

Perthitic Granite

316.00

320.00

4.00

0.210

Perthitic Granite

25BT067

0.00

2.00

2.00

1.526

Perthitic Granite

23.00

88.00

65.00

0.877

Perthitic Granite

Including

41.00

42.00

1.00

16.050

Perthitic Granite

Including

51.00

53.00

2.00

11.287

Perthitic Granite

75.00

88.00

13.00

0.220

Perthitic Granite

99.00

101.00

2.00

0.321

Perthitic Granite

119.00

120.00

1.00

0.499

Perthitic Granite

149.00

150.00

1.00

0.316

Perthitic Granite

25BT066

22.00

27.00

5.00

0.512

Perthitic Granite

Including

24.00

25.00

1.00

1.237

Perthitic Granite

93.00

98.00

5.00

0.421

Perthitic Granite/Episyenite

169.00

170.00

1.00

0.296

Perthitic Granite

188.00

191.00

3.00

0.266

Perthitic Granite

211.00

286.00

75.00

0.743

Perthitic Granite/Episyenite

Including

238.00

243.00

5.00

5.651

Episyenite

Including

281.00

282.00

1.00

2.907

Perthitic Granite

302.00

303.00

1.00

0.246

Perthitic Granite

25BT065

63.00

77.00

14.00

2.607

Perthitic Granite

Including

63.00

67.00

4.00

8.291

Perthitic Granite

83.00

98.00

15.00

0.219

Perthitic Granite

112.00

210.00

98.00

0.577

Perthitic Granite/Episyenite

Including

140.00

148.00

8.00

1.268

Episyenite

Including

158.00

161.00

3.00

1.093

Episyenite

Including

170.00

184.00

14.00

1.006

Episyenite

220.00

228.00

8.00

0.236

Perthitic Granite/Episyenite

297.00

298.00

1.00

0.263

Perthitic Granite

300.00

301.00

1.00

0.208

Perthitic Granite

305.00

306.00

1.00

0.251

Perthitic Granite

25BT064

0.00

59.00

59.00

0.813

Episyenite

Including

8.00

19.00

11.00

1.056

Episyenite

Including

27.00

29.00

2.00

1.127

Episyenite

Including

35.00

56.00

21.00

1.050

Episyenite

69.00

84.00

15.00

0.366

Perthitic Granite/Episyenite

Including

72.00

73.00

1.00

1.071

Perthitic Granite

121.00

122.00

1.00

0.272

Perthitic Granite

133.00

136.00

3.00

0.508

Perthitic Granite

144.00

150.00

6.00

0.432

Perthitic Granite

Including

149.00

150.00

1.00

1.077

Perthitic Granite

171.00

183.00

12.00

0.228

Perthitic Granite

Including

182.00

183.00

1.00

0.814

Perthitic Granite

191.00

192.00

1.00

0.229

Perthitic Granite

198.00

243.00

45.00

0.417

Perthitic Granite/Episyenite

Including

213.00

215.00

2.00

1.469

Episyenite

Including

222.00

226.00

4.00

1.301

Episyenite

25BT063

19.00

21.00

2.00

0.247

Perthitic Granite

26.00

27.00

1.00

89.867

Perthitic Granite

42.00

63.00

21.00

3.117

Perthitic Granite/Episyenite

Including

54.00

55.00

1.00

47.733

Episyenite

Including

59.00

60.00

1.00

5.110

Perthitic Granite

71.00

72.00

1.00

0.263

Episyenite

93.00

100.00

7.00

2.007

Perthitic Granite/Episyenite

Including

94.00

95.00

1.00

8.890

Episyenite

121.00

133.00

12.00

1.124

Perthitic Granite/Episyenite

Including

124.00

125.00

1.00

8.197

Perthitic Granite

161.00

181.00

20.00

0.312

Episyenite

Including

174.00

175.00

1.00

0.999

Episyenite

274.00

275.00

1.00

0.215

Perthitic Granite

307.00

309.00

2.00

0.402

Perthitic Granite

25FP048

0.00

33.00

33.00

0.799

Perthitic Granite/Episyenite

Including

11.00

12.00

1.00

18.067

Perthitic Granite

56.00

57.00

1.00

0.483

Metassomatites

70.00

119.00

49.00

0.258

Episyenite

200.00

201.00

1.00

0.788

Episyenite

25FP047

115.00

116.00

1.00

0.696

Metassomatites

309.00

311.00

2.00

0.203

Lamprophyre Dyke

368.00

369.00

1.00

0.318

Metassomatites

371.00

372.00

1.00

0.295

Metassomatites

395.00

396.00

1.00

0.234

Metassomatites

25FP046

475.00

476.00

1.00

0.374

Perthitic Granite

518.00

519.00

1.00

1.087

Perthitic Granite

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/279407