Company
Lumina Gold Corp
OTCMKTS: LMGDF
Lumina Gold Corp. (TSXV: LUM) is a Vancouver, Canada based company focused on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador. In 2023, the Company completed a Pre-Feasibility Study for Cangrejos, which is the 26th largest primary gold asset in the world. The Company is working to compete a Feasibility Study, permitting and an Investment Protection Agreement for Exploitation by the end of 2025. Lumina has an experienced management team with a successful track record of advancing and monetizing projects, having sold nine companies.
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Lumina Gold says it continues to extend 'exceptional' mineralization at Cangrejos in Ecuador
"Receiving the final assays from Lumina's 36,000-metre PFS (pre-feasibility study) drill campaign allows resource estimation work to commence, which is a critical path item for completion of the PFS,” said Lumina Gold president and CEO Mars
Lumina Gold encouraged by completed 2021/2022 drill campaign at Cangrejos project in Ecuador
The company said a pre-feasibility study for the project is ongoing and the report is expected to be completed in the second quarter next year, while resource estimate work has now started following the completion of drilling
Lumina Gold announces drill results from ten drill holes at Cangrejos project in Ecuador
To date, eighty-eight drill holes have been completed and five drill holes are in progress, totalling 31,000 metres of resource definition drilling
Lumina Gold announces C$10M unsecured credit facility with its largest shareholder Ross Beaty
"Recent events in global markets and Ecuador have made this an unfavorable time to seek conventional equity funding and we, therefore, view this as the best path to allow pre-feasibility work to continue unimpeded,” Marshall Koval, the comp
Lumina Gold ups drill program at Gran Bestia after encouraging drill results from the Ecuador gold-copper property
Lumina said it believes it can potentially add significant indicated mineral resources and enhance the "already excellent" strip ratio at the secondary pit
Lumina Gold reports more drill results from Cangrejos project, including highest grade intercept to date
That hole encountered a length of 10 metres (m) from 148m depth at the Cangrejos deposit, which graded 19.33 grams per ton (g/t) gold with 0.12% copper for a gold equivalent grade of 19.51 g/t
Lumina Gold unveils more encouraging drill results from Cangrejos asset in Ecuador
A step-out hole at Gran Bestia was sunk into an area where the deposit is open to the northwest and to depth, which extended mineralization laterally outside the preliminary economic assessment (PEA) pit to the northwest by around 180 metre
Lumina Gold sees further encouraging drill results at Cangrejos gold-copper project in Ecuador
The company drilled 1.11 grams per ton (g/t) gold equivalent over 260 metres in one hole, and 1.55 g/t gold equivalent over 184 metres, including 1.98 g/t over 126 metres
Lumina Gold is advancing Cangrejos in Ecuador, a top 15 global development project, to pre-feasibility
Cangrejos hosts 10.4 million ounces of gold and 1.4 billion pounds of copper in the higher confidence indicated category and 6.7 million ounces and 0.8 billion pounds, respectively, in the inferred category
Lumina Gold shares positive drill results from first two holes on Cangrejos cold-copper deposit in Ecuador
The holes represent 1,227 metres of drilling, and 4,803 meters of the program has been drilled through to January 31, 2022
Lumina Gold hires engineering giant Ausenco to lead pre-feasibility study for Cangrejos project in Ecuador
Ausenco was responsible for the waste rock, tailings management and site infrastructure portions of the 2020 PEA and is already familiar with the Cangrejos project
Lumina Gold adds drill rigs to target mineral resource estimate conversion and expansion at its Cangrejos project in Ecuador
The company said the infill program is designed to convert the project’s Inferred mineral resource estimate to the Measured or Indicated categories, for inclusion in a pre-feasibility study
Lumina Gold inks Exploration Investment Protection Agreement for its Cangrejos project in Ecuador
The agreement between the company and the Government of Ecuador paves the way for a future agreement on mining, which would occur after the completion of a PFS
Lumina Gold successfully completes reorganization of concession package comprising Cangrejos project in Ecuador
“Not only does this bring Cangrejos and Gran Bestia onto one consolidated concession; it also brings in all the unexplored peripheral targets onto the main concession that will be permitted. This consolidation is an important step towards a
Lumina Gold announces commencement of drilling at Cangrejos gold-copper project
“The upcoming program will increase the confidence in the existing resource and aim to expand it, most excitingly, to the northwest of the Gran Bestia ridge, where the deposit remains open,” said the company's senior vice president Leo Hath