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Lavras Gold Intersects High-Grade Gold at Caneleira, Supporting Near-Surface Continuity of the Vein System

Hole 26CN044 returns 24.30 g/t gold over a drilled width of 9 metres; hole 26CN051 returns 9.31 g/t gold over a drilled width of 4 metres from 10 metres, including 17.29 g/t gold over 2 metres; Caneleira East drilling confirms mineralization up-dip with 2.51 g/t gold over a drilled width of 22 metres* 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 the follow-up work identified in the Company's December 2, 2024 news release.