Traders Couldn't Get Enough Of This Junior Miner

By: Dylan Sikes – AllPennyStocks.com News

Tuesday, August 29, 2023

A dually-listed junior miner based out of Toronto stole the show on Tuesday after the company announced a potentially game-changing discovery at its new Fazenda do Posto discover in southern Brazil.

Shares of Lavras Gold Corp. (TSXV:LGC) (OTCQB:LGCFF) went soaring on the discovery, with shares on the Canadian side closing up at $0.83/share (+107.50%) and those on the U.S. side closing up at $0.5701/share (+120.12%). It will be interesting to see how things progress come Wednesday’s session!

Lavras Gold Corp is a junior exploration company engaged in the exploration and development of the Lavras do Sul gold project located in the state of Rio Grande do Sul, Brazil. The Lavras do Sul gold project is an advanced exploration stage property that is approximately 190 square km in size and comprised of more than 23 prospects cantered on historic gold workings.

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