Luna Gold Announces Appointment of a New Director

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/06/12 -- Luna Gold Corp. (TSX VENTURE: LGC)(OTCQX: LGCUF)(LMA: LGC) ("Luna Gold" or the "Company") is pleased to announce the appointment of Bill Lindqvist as a Director of the Company. Dr. Lindqvist possesses more than thirty-five years of international exploration experience, and has participated in gold discoveries across a broad spectrum of geologic terrains.

Dr. Lindqvist has served as the Vice President of Exploration for Homestake Mining Company, and as the Executive General Manager of Exploration for Newcrest Mining Limited. He is presently a director of Orosur Mining, Evolving Gold Corp., Andean Gold Ltd., and Canada Coal Inc.

Dr. Lindqvist has a Ph.D in Applied Geology from the Royal School of Mines in London, and is a member of the Aus IMM, SEG, and AIME.

Dr. Lindqvist's previous discovery experience includes:

--  Chimney Creek, Mule Canyon, Ruby Hill, Gold Hill gold deposits in Nevada
--  Mesquite gold deposit, California
--  Shafter silver deposit, Texas
--  Ortiz gold deposit, New Mexico
--  Extensions of Eskay Creek gold-silver deposit, British Columbia
--  Jeronimo gold manto, northern Chile
--  Arenal Deeps, Uruguay

Keith Hulley, Luna Gold's Chairman, stated, "We are very pleased to have Dr. Lindqvist join our Board; his depth of exploration experience will be of great benefit to Luna Gold. With growing resources and production, combined with valuable additions to the Board of Directors and management, Luna Gold is establishing itself as a premier gold company."

About Luna Gold Corp.

Luna Gold is a producing gold company with both production and exploration projects. Gold production is from the Aurizona Mine in Maranhao, Brazil, while exploration is focused on the large, strategically placed Luna Greenfields project adjacent to the Aurizona Mine.

On behalf of the Board of Directors

LUNA GOLD CORP.

John Blake - President and CEO

Regulatory Footnotes

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the United States Securities Act of 1933 and applicable state securities laws or an exemption from such registration is available.

Forward-Looking Statements

This release contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking statements include, but are not limited to, statements with respect to the exploration program for the Company's Aurizona, Areal and Luna Greenfields projects and any planned resource upgrades. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Certain of the statements made herein by Luna Gold Corp. are forward-looking and subject to various risks and uncertainties, both known and unknown, many of which are beyond the ability of Luna Gold Corp. to control or predict. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements.

Forward-looking information is subject to known and unknown risks and uncertainties that may cause Luna Gold Corp.'s actual results, performance or achievements may be materially different from those expressed or implied by such forward-looking information, and are developed based on assumptions about such risks, uncertainties and other factors set out here in, including but not limited to the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drill results and other exploration data, the potential for delays in exploration or development activities, mine development and production costs, the projected life of the Company's mines, future production levels, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties with or interruptions in production and operations, fluctuating metal prices, unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including environmental regulatory restrictions and liability, competition, loss of key employees, and other related risks and uncertainties. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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.

Contacts:

Luna Gold Corp.

Investor Relations

(604) 558 0560

(604) 558 0561 (FAX)
www.lunagold.com