Announcement Date: 2022-05-31
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Lumina Gold Corp.
Project name: Cangrejos
Location: Ecuador
Commodities: Gold,Copper
Highlight: Drilling results incl. 336m @ 0.7g/t Au, 0.08% Cu from 0.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia – Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (the “Company” or “Lumina”) is pleased to announce results from thirteen drill holes at its Cangrejos project (the “Project”) in Ecuador. Seven of the reported drill holes are from Cangrejos and six are from Gran Bestia (see Table 1). To date, eighty three drill holes have been completed, totalling approximately 27,000 metres of drilling. Lumina is also pleased to announce increasing the total drill program at Gran Bestia by an additional 4,000 to 6,750 metres. The drill program has been designed to define the northwestern step-out area to at least an indicated category of mineral resource, so that it can be incorporated into a Pre-feasibility study mine plan. In addition to adding indicated mineral resources to the pit, the program has the potential to enhance the already excellent strip ratio at Gran Bestia. The original planned infill and step-out drill program will be completed in mid-June and the additional drilling will take approximately one and a half months to complete.
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