| Announcement Date: | 2023-02-27 |
|---|---|
| Announcement Type: | Deposit Estimation |
| Announcement Code: | NI43-101 |
| Company name: | Lundin Gold Inc. |
| Project name: | Fruta Del Norte |
| Location: | Ecuador |
| Commodities: | Gold |
| Highlight: | Updated Resource and Reserve Estimates for Project |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | LUNDIN GOLD ADDS 1.58 MILLION OUNCES OF GOLD TO FRUTA DEL NORTE ORIGINAL MINERAL RESERVES, MORE THAN REPLACING MINED MINERAL RESERVES SINCE THE BEGINNING OF OPERATIONS Updated Mineral Reserves at Fruta del Norte of 5.02 million ounces Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) (“Lundin Gold” or the “Company”) is pleased to announce its updated estimates of Mineral Resources (“Resources”) and Mineral Reserves (“Reserves”) as at December 31, 2022 for its Fruta del Norte gold mine (“FDN”) in Ecuador. The updated estimate builds from the Company’s previously reported estimates of Resources and Reserves as at April 30, 2016 (“2016 estimate”)1 . The tables of the updated Resources and Reserves can be found at the end of this release. All amounts are in U.S. dollars unless otherwise indicated. |
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