Lavras Gold Corp. Announces Leadership Change as Project Nears Development
October 31, 2025 – Lavras Gold Corp. is now shifting its top roles. The company works in gold mining in Brazil and moves its project from advanced exploration to development.
Interim Leadership Guides the Next Phase
The board names Hemdat Sawh as Interim President and Chief Executive Officer. Sawh takes charge immediately because Michael Durose left the role. Durose led as President, CEO, and Director since April 2022. He helped the firm reach a key pre-development stage.
Sawh stays as the Chief Financial Officer while he leads as interim CEO. He served as CFO at Amarillo Gold Corporation until Hochschild Mining bought it in 2022. His past work in mining finance makes him a strong leader during this change.
Experience Supports the Interim Team
The board adds Jonathan Hill as Interim Vice President of Exploration and Mike Mutchler as Interim Chief Operating Officer. Hill is an economic geologist in Brazil with 35 years in mining. He held senior roles at Jaguar Mining Inc. and other mining firms.
Mutchler comes from a long family mining history. He served as President and CEO at Amarillo Gold and held many other roles. The three leaders work as a team. They bring real skill and hands-on know-how for the project.
Focus on Moving the LDS Project Forward
The team now works to push the LDS Project into the development stage. The plan has three parts: complete environmental studies, secure permits, and do in-fill drilling to update reports and resource numbers. This plan will back a Preliminary Economic Assessment that checks the gold asset’s economic strength.
Chairman Rowland Uloth thanked Durose for his work. He said Mike helped bring the project to its present stage. The firm seems set for growth and for giving back value to shareholders.
About the LDS Project and Lavras Gold Corp.
The LDS Project sits in a gold area near Lavras do Sul, in Rio Grande do Sul State, Brazil. Spread on 23,000 hectares, the project holds over 24 gold spots near old workings. The area shows an intrusive gold system with signs of alkaline traits.
The company seeks clear value in this mineral zone. It shares news on its website and on social media sites like LinkedIn, Twitter, and YouTube.
Investor and Market Context
This change comes as the mining field faces new technology and closer study of permits and the environment. The updated team aims to keep work steady. Their efforts may help secure funds for future project work and production steps.
The board now begins a search for a permanent President and CEO. In the meantime, the interim team keeps moving work on permits and plans. Their steps may help gain future project funds and clear development paths.
For Further Information
Visit the official website www.lavrasgold.com. Contact investor relations for questions.
This news marks a key moment for Lavras Gold Corp. The company shifts its leadership and puts more work into bringing one of Brazil’s promising gold projects closer to production. The change lets the team work closely together as they prepare the project for the next stage.
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📝 About This Article
This article was generated by Hivebox AI in collaboration with AuCan Gold.
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