Lumina Gold Corp.

Lumina Gold CEO Marshall Koval joined Steve Darling from Proactive to shedding light on the significant impact of rising gold prices on the company's projects. The focal point of the conversation was Lumina's Cangrejos project in Ecuador, with a particular emphasis on the updates since the pre-feasibility study conducted in early 2023.
During the pre-feasibility study, conducted when gold was priced at $1,650 per ounce [...]

Lumina Gold Corp. is pleased to announce that it has appointed Ausenco Engineering Canada ULC to lead the Feasibility Study on its Cangrejos Gold-Copper Project in southwest Ecuador. Lumina is expecting the Feasibility Study to be completed in H1 2025. Along with Ausenco, Lumina has appointed a full team of consultants to support the completion of the Feasibility Study. Key consultants and responsibilities are listed [...]

Lumina Gold Corp. announces that it has engaged Integral Wealth Securities Limited to provide services as a market maker in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. Under the agreement, Integral will receive a fee of C$6,000 plus applicable taxes per month. The initial term of the agreement is three months from the date of execution with an option to renew [...]

Highlights from 7,800 metre diamond hole Resource Conversion Drill Program: Hole C23-265: 2.47 g/t gold equivalent over 85 metres from surface to end of hole. Hole C23-302: 1.75 g/t gold equivalent over 113 metres from 2 metres to end of hole. Hole C23-317: 1.86 g/t gold equivalent over 96 metres from surface to end of hole. Highest gold assay ever on the project in hole C23-253, 2 metres from 40 to 42 metres grading 580 [...]

Lumina Gold Corp. announces that it has granted incentive stock options and restricted share units under the Company's Omnibus Equity Incentive Plan to certain directors, officers, employees and consultants of the Company. 5,635,000 stock options were granted and have an exercise price of $0.33 per share and will expire on December 18, 2028. 5,510,000 of the options will vest in three equal parts over the first two years [...]

Recent Project Highlights: Completed 7,767 metres for the purpose of upgrading some of the Indicated Resource to the Measured category. Completed 3,065 metres of dedicated diamond drill holes for the collection of metallurgical samples and comminution testing samples. Samples have arrived in Peru, which allows for confirmatory and optimization metallurgical test work to begin. Additional samples have arrived at the [...]

Lumina Gold Corp. is pleased to announce that under the previously announced US$300 million precious metals purchase agreement with Wheaton Precious Metals International Ltd., a wholly owned subsidiary of Wheaton Precious Metals Corp. , the Company has drawn down a total of US$16.7 million. The draw consisted of two tranches, US$10 million which was due six months after the initial draw in May 2023 and US$6.7 million [...]

Lumina Gold Corp. is pleased to announce the results of its annual general and special meeting of shareholders held on November 15, 2023 in Vancouver . Lumina's shareholders voted in favour of each of the matters considered at the Meeting, including: Electing each of Marshall Koval, Lyle Braaten, Donald Shumka, Michael Steinmann, Stephen Stow and Heye Daun as directors of the Company to hold office for the ensuing year [...]

Lumina Gold Corp. is pleased to announce that Ross Beaty has converted C$15.3 million of outstanding debt to common shares at a price of C$0.42 per share pursuant to an amended and restated credit agreement dated December 13, 2022 . As a result of this conversion, Ross Beaty has been issued 36,484,604 common shares of Lumina, bringing his ownership in the Company to 27.7%. About Lumina Gold [...]

Lumina Gold Corp. is pleased to announce that activities at the Cangrejos project are proceeding on schedule. The Company has been actively executing its 2023 Feasibility Study drill plan with nine rigs currently at site. The Company has also been advancing work related to the Feasibility Study expected to be completed in Q1 2025. Drilling Update Over 11,000 metres have been completed out of the planned 18,000 metres of [...]