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    gold investing

    Lumina Gold Announces Updated Cangrejos Inferred Mineral Resource; Contained Gold More Than Doubled to 8.8 Million Ounces

    Written by Priscila Barrera
    |
    Nov. 06, 2017 08:37AM PST

    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 …

    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.”

    Click here for the full text release

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