Highlights: Extended mineralization to the southeast, drill grid now extends to 400 metre depth o CC19-16: 8.5 m of 4.2 g/t gold and 14.2 g/t silver o CC19-16: 5.0m of 5.5 g/t gold and 80.6 g/t silver, including 1.0m of 17.4 g/t gold and 192.0 g/t silver o CC19-18: 20.0m of 2.8 g/t gold and 22.7 g/t silver, including 8.0m of 4.8 g/t gold and 37.5 [...]
Highlights: Intercepted second high-grade zone of mineralization below 600 metres 19.3m of 6.1 g/t gold and 36.3 g/t silver; including 0.9m of 60.50 g/t gold and 299.0 g/t silver Extended mineralization to the southeast and infilled the known zone above 400 metres CC19-11: 24.5m of 4.0 g/t gold and 10.2 g/t silver CC19-13: 6.0m of 4.2 g/t gold and [...]
Luminex Resources Corp. announces that it has granted incentive stock options under the Company's stock option plan to certain directors, officers, employees and consultants of the Company to purchase up to an aggregate of 1,067,000 common shares of the Company. The options are exercisable at a price of $0.63 per share, will expire on October 16 [...]
Luminex Resources Corp. is pleased to announce the results of diamond drill holes CC19-07 and CC19-08 from the Camp Zone at the Condor Project located in southeast Ecuador. The Company has drilled approximately 5,200 metres to date across 13 holes and is continuing its strategy of step out drilling along strike and down dip with a current emphasis [...]
Luminex Resources Corp. is pleased to announce the results of diamond drill holes CC19-05 and CC19-06 from the Camp Zone in the northern part of its Condor Project located in southeast Ecuador. The Company has two drill rigs at site and has extended its 2,300 metre Phase 2 drill program given positive results. Approximately 2,500 metres over six [...]
Luminex Resources Corp. received notice from First Quantum Minerals Ltd. that First Quantum will be terminating its earn-in option on the Company’s Cascas copper-gold focused concession in Ecuador . Upon termination of the earn-in option, the earn-in agreement between Luminex and First Quantum will terminate. Luminex will evaluate whether it [...]
Luminex Resources Corp. received notice from First Quantum Minerals Ltd. that First Quantum will be terminating its earn-in option on the Company’s Orquideas copper-molybdenum focused concession in Ecuador. First Quantum made this decision after the first five drill holes at Orquideas failed to produce significant mineralized intercepts [...]
Luminex Resources Corp. is pleased to announce results from the final two holes of its initial four hole, “Phase 1” diamond drilling program at the Camp Zone in the northern part of its Condor Project, as well as the commencement of its “Phase 2” follow-up drill program. The results from these two drill holes complement [...]
Luminex Resources Corp. is pleased to announce that it has closed its previously announced non-brokered private placement . A total of 11,290,300 common shares were sold at a price of C$0.62 per Common Share for aggregate gross proceeds of approximately C$7.0 million . The net proceeds of the Offering will be used to fund drilling expenses at [...]
Luminex Resources Corp. is pleased to announce the signing of a formal earn-in and joint venture agreement with a wholly owned subsidiary of BHP Group plc on Luminex’s Tarqui & Tarqui 2 mining concessions in Ecuador . BHP has the right to earn a 51% ownership interest in a joint venture company which will hold the Property if it invests an [...]
Luminex Resources Corp. is pleased to announce that as a result of positive institutional and retail demand for its previously announced financing , the Company plans to upsize its non-brokered private placement to approximately 11.3 million common shares of Luminex at a price of C$0.62 per Share to raise gross proceeds of approximately C$7.0 [...]
Luminex Resources Corp. is pleased to announce that it plans to conduct a non-brokered private placement of up to approximately 8.1 million common shares of Luminex at a price of C$0.62 per Share to raise gross proceeds of up to approximately C$5 million . The net proceeds of the Offering will be used to fund drilling expenses at Condor [...]
