This study reveals some aspects of lattice formulations to analyze the strain concentration of a famous classic problem in solid mechanics at two different mechanics perspectives: continuum and fracture. A 2D plane stress square panel with a single circular hole is discretized based on Voronoi tessellation. A superelliptic formulation is used to distribute lattice computational points over the panel. From the perspective of linear elasticity under uniaxial and biaxial loading, translational and rotational degrees-of-freedom are considered at each computational node of the lattice to obtain strain concentration factors (SCFs) around the circular perforation. It is observed that the lattice approach is able to approximate the elastic SCFs of three, four, and two in uniaxial, biaxial shear, and equibiaxial tension loadings, respectively. To study the linear elasticity and fracture mechanic (LEFM) and Griffith energy balance in uniaxial loading, a brittle lattice erosion technique is used to compute the energy release rate determined by change in the global stiffness matrix of the mesh with respect to crack extension. This fracture energy is then used to determine the mode I stress intensity factor of the crack emanating from the hole which is validated by the analytical formulation for the same problem. The comparison shows that both methods give very close results for the mode I stress intensity factor. Being simple in terms of constitutive formulation and failure criterion for erosion of brittle material, and also using a propagating crack extension approach, the lattice formulation is used to determine the fracture properties of cohesive/frictional material.