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Lumina Gold Announces Updated Cangrejos Inferred Mineral Resource; Contained Gold More Than Doubled to 8.8 Million Ounces
Nov. 06, 2017 08:37AM PST
Precious MetalsLumina Gold Corp. (TSX-V:LUM) (the “Company” or “Lumina”) is pleased to announce an updated mineral resource estimate for the Company’s 100% owned Cangrejos Gold-Copper project, located in El Oro Province of southern Ecuador. As quoted in the press release: Marshall Koval, President and CEO commented, “We are extremely pleased to see a significant increase in the …
Lumina Gold Corp. (TSX-V:LUM) (the “Company” or “Lumina”) is pleased to announce an updated mineral resource estimate for the Company’s 100% owned Cangrejos Gold-Copper project, located in El Oro Province of southern Ecuador.
As quoted in the press release:
Marshall Koval, President and CEO commented, “We are extremely pleased to see a significant increase in the scale of the deposit and an increase in the grade. Both of these factors will contribute positively to the Preliminary Economic Assessment planned for completion mid-next year. This resource estimate will serve as the basis for the assessment. Drilling in early 2018 will further delineate priority open areas of the Cangrejos deposit.”
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