Highlights include: Completed the 2021/2022 drill campaign with over 36,000 metres drilling. Gran Bestia Long intercepts in seven ridge holes expected to add mineral resources, open in all directions C22-225: 0.76 g/t gold equivalent over 287 metres C22-214: 0.72 g/t gold equivalent over 126 metres Cangrejos C22-226: 0.70 g/t gold equivalent over [...]
Highlights include: Hole C22-200 - Gran Bestia 0.70 g/t gold equivalent over 144 metres from 206m - one of six significant intercepts in -45 degree hole Extends higher grade Gran Bestia breccia to the north - mineralization remains open in this direction Extends mineralization 100m below PEA resource estimate constraining pit shell Significantly [...]
Lumina Gold Corp. is pleased to announce that it has entered into an agreement with the Company's largest shareholder, Ross Beaty to establish a C$10.0 million unsecured credit facility . The Facility will provide short-term financing for remaining drilling costs, Pre-feasibility Study costs, and general corporate and working capital purposes. The [...]
Highlights include: Hole C22-187 - Gran Bestia 0.82 g/t gold equivalent over 336 metres from surface Including 1.12 g/t gold equivalent over 60 metres and 1.68 g/t gold equivalent over 12 metres Extends existing higher-grade breccia area to northeast Hole C22-185 - Cangrejos Five intervals above cut-off grade total 318 metres in a 410 metre [...]
Highlights include: Hole C22-179 - Highest grade gold intercept in project's history: 10 metres grading 19.33 g/t gold Hole C22-181 - 280m from surface grading 0.99 gold equivalent at Gran Bestia, open to the north and northwest Intercept is from an outcropping high grade breccia body that is significantly larger than previously modelled [...]
Highlights include: Hole C22-167 1.17 g/t gold equivalent over 134 metres from surface at Gran Bestia Extends existing higher-grade breccia area Hole C22-160 Extended mineralization laterally outside the PEA ultimate pit to the northwest by approximately 180 metres Including 0.49 g/t gold equivalent over 170 metres Open laterally and to depth Based [...]
Lumina Gold Corp. is pleased to announce drill results from the first two holes of the 2021-2022 drill program. These holes represent 1,227 metres of drilling. Both holes were drilled on the Cangrejos deposit. Through January 31st, 4,803 meters of the planned program has been drilled. Of the 12 holes completed or started to date, 10 are at [...]
Lumina Gold Corp. is pleased to announce that after a competitive bidding process, the Company has appointed Ausenco Engineering Canada Inc. to lead the Cangrejos Pre-feasibility study . Ausenco was responsible for the waste rock, tailings management and site infrastructure portions of the 2020 Preliminary Economic Assessment and is already [...]
Lumina Gold Corp. is pleased to announce securing two additional drill rigs to expedite the previously announced 30,000 metre drill program at its Cangrejos project . The program will now utilize six drill rigs beginning early next year. The two active rigs at site have drilled approximately 2,700 metres, with five diamond drill holes completed and [...]
Lumina Gold Corp. is pleased to announce the signing of an Exploration Investment Protection Agreement for the Cangrejos project . This groundbreaking agreement between the Government of Ecuador and Lumina Gold provides a foundation that the parties can build on as the Project advances towards development and a future negotiation of the [...]
Lumina Gold Corp. announces the results of its annual general and special meeting of shareholders held on November 23, 2021 in Vancouver . Lumina's shareholders voted in favour of each of the matters considered at the Meeting, including: Electing each of Marshall Koval, Lyle Braaten, Donald Shumka, Michael Steinmann, Stephen Stow and Heye Daun as [...]
Lumina Gold Corp. is pleased to announce that it has successfully completed its planned reorganization and consolidation of its concession package comprising the Cangrejos project. The main purpose of the consolidation is to streamline permitting and development of the Cangrejos and Gran Bestia deposits, which previously straddled multiple [...]