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Luminex Resources Corp.

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Summary

Project:

Condor

Deposit:Condor
Location:Ecuador
Commodities:Copper-Lead-Zinc-Gold-Silver
Date:5/14/2020
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:14-5-2020: Luminex Resources Corp. announces a Resource Estimation report for its Condor deposit at the Condor project. Updated mineral resource estimate at the project. This Technical Report (this Technical Report or this Report) provides an updated mine
Resources:(Resources): 72.1Mt @ 0.67g/t Au, 4.2g/t Ag, 0.04% Cu, 0.03% Pb, 0.27% Zn (Ind.) & 169.6Mt @ 0.66g/t Au, 2.9g/t Ag, 0.08% Cu, 0.03% Pb, 0.21% Zn (Inf.)
CP/QP:[Resource]: Robert Sim (SIM Geological Inc.)
ABSTRACT:This Technical Report (this Technical Report or this Report) provides an updated mineral resource estimate for the Condor Project of Luminex Resources Corp. (Luminex) in Ecuador. This Technical Report was prepared by Robert Sim, P.Geo., Bruce Davis, FAusIMM, and Warren Pratt, CGeol. All are independent “qualified persons” (QPs) as defined by Canadian Securities Administrators National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43- 101) and as described in Section 28 (Date and Signature Pages) of this Technical Report. PROPERTY DESCRIPTION AND LOCATION The Condor Project (the Condor Project or the Project) is located approximately 400 km southsoutheast of the capital city, Quito, in southeastern Ecuador (Figure 4-1), 40 km east of the town of Zamora and 70 km east of the city of Loja. Access to the property is provided by paved and gravel roads. The approximate centre of the property is located at 9548000 North and 769000 East (geographic projection: Provisional South American Datum 1956, UTM Zone 17S).

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