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Lumina Gold Corp.
Summary
| Project: | Cangrejos | |
|---|---|---|
| Deposit: | Cangrejos, Gran Bestia | |
| Location: | Ecuador | |
| Commodities: | Gold-Copper-Silver-Molybdenum | |
| Date: | 11/7/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-11-2019: Lumina Gold Corp. announces a Resource Estimation report for its Cangrejos, Gran Bestia deposit at the Cangrejos project. Upgraded mineral resource estimate for project. VANCOUVER, British Columbia, Nov. 07, 2019 -- Lumina Gold Corp. (TSXV: LUM | |
| Resources: | (Resource): 476.0Mt @ 0.52g/t AuEq (Inf.) and 568.2Mt @ 0.73g/t AuEq (Ind.) | |
| CP/QP: | [Resources]: Robert Sim (Independent) | |
| ABSTRACT: | VANCOUVER, British Columbia, Nov. 07, 2019 -- Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (the “Company” or “Lumina”) is pleased to announce an updated mineral resource estimate for the Company’s 100% owned Cangrejos GoldCopper Project, located in El Oro Province of southern Ecuador. The mineral resource update reflects both an update to the Cangrejos deposit (“Cangrejos”) and a maiden mineral resource estimate at the Gran Bestia deposit (“Gran Bestia” and together with Cangrejos, the “Project” or the “Cangrejos Project”). Marshall Koval, President and CEO commented, “The Cangrejos Project has continued to surprise and impress with both its scale and continuity. Two years of collaborative work and approximately 40,000 metres of drilling has now shown the Project to be the largest primary gold deposit in Ecuador. This news cements our view that this deposit is unique and one of the largest deposits in the world that is 100% controlled by an independent developer.” | |
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