VANCOUVER, British Columbia, May 16, 2018 -- Lumina Gold Corp. is pleased to announce the results of initial prospecting activities at the company’s wholly owned Tarqui concessions, where porphyry copper mineralization has been discovered from surface outcrops. The Tarqui 1&2 concessions are strategically located in the prolific Zamora Copper-Gold Metallogenic Belt in southeast Ecuador. A new asphalt road cuts [...]
VANCOUVER, British Columbia, May 14, 2018 -- Lumina Gold Corp. announces an updated mineral resource estimate for the Company’s Condor project, located in Zamora-Chinchipe Province, southeast Ecuador. This updated mineral resource estimate is the first since Lumina Gold acquired Condor and incorporates the 1,907 metres of drilling at Santa Barbara that has been completed since the acquisition in November 2016 [...]
VANCOUVER, British Columbia, March 26, 2018 -- Lumina Gold Corp. is pleased to announce it has entered into a non-binding letter of intent for an earn-in and joint venture agreement with a wholly owned subsidiary of Anglo American Plc , on Lumina’s Pegasus A and B concessions in Ecuador . Under the LOI, Anglo American, through a joint venture company, would have the right to earn a 60% ownership interest in the [...]
VANCOUVER, British Columbia, Jan. 15, 2018 -- Lumina Gold Corp. is pleased to announce that it has received positive results from the latest metallurgical testing program conducted on its 100% owned Cangrejos gold-copper project located in southern Ecuador. The test results were the second round of metallurgical testing completed by the Company on the Project and demonstrated that the mineralized material can be processed [...]
VANCOUVER, British Columbia, Jan. 10, 2018 -- Lumina Gold Corp. is pleased to give an update on its key projects throughout Ecuador and plans for 2018. Last year was a very productive year with significant progress made across Lumina’s portfolio of projects. The management team looks forward to building on that momentum in 2018. 2017 Highlights Announced an inferred mineral resource at the Company’s flagship [...]
Lumina Gold Corp. announces that it has granted incentive stock options under the Company's stock option plan to certain directors, officers, employees and consultants of the Company to purchase up to an aggregate of 2,030,000 common shares in the capital stock of the Company. The options are exercisable at a price of $0.66 per share, will expire on December 7, 2022, and will vest in three equal parts over the first two [...]
Lumina Gold Corp. is pleased to announce that it has closed the previously announced brokered private placement . A total of 32,258,064 common shares were sold at a price of C$0.62 per Common Share for aggregate gross proceeds of approximately C$20 million . The Offering was made through a syndicate of agents, co-led by Raymond James Ltd. and Haywood Securities Inc., and including BMO Capital Markets and RBC Capital [...]
Lumina Gold Corp. is pleased to announce that as a result of positive institutional and retail demand for its previously announced best efforts private placement offering , the Company has amended the terms to increase the size of the offering to C$20 million . Under the terms of the Upsized Offering, the Company has entered into an agreement with a syndicate of agents, co-led by Raymond James Ltd. and Haywood Securities [...]
Lumina Gold Corp. is pleased to announce that it has entered into an agreement with a syndicate of agents, co-led by Raymond James Ltd. and Haywood Securities Inc., , that have agreed to sell, on a "best efforts" private placement basis, up to 24,193,548 common shares at a price of C$0.62 per common share, for aggregate gross proceeds of up to C$15 million . It is anticipated that certain insiders of the Company will [...]
VANCOUVER, British Columbia, Nov. 06, 2017 (GLOBE NEWSWIRE) -- 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. Inferred Resource Highlights Contained gold increases from 4.0 to 8.8 million ounces at a grade of 0.65 [...]
VANCOUVER, British Columbia, Oct. 26, 2017 (GLOBE NEWSWIRE) -- Lumina Gold Corp. (TSXV:LUM) (the “Company” or “Lumina”) is pleased to announce it has entered into a non binding letter of intent (the “LOI”) for an earn-in agreement with First Quantum Minerals Ltd. (“FQML”) on its Orquideas and Cascas concessions (the “Properties”). The earn-in agreement is based [...]
Highlights include: Hole C17-65 – 1.01 grams per tonne gold and 0.30% copper over 242 metres Hole C17-69 – 1.61 grams per tonne gold and 0.20% copper over 132 metres Hole C17-70 – 1.87 grams per tonne gold and 0.54% copper over 138 metres VANCOUVER, British Columbia, Oct. 16, 2017 (GLOBE NEWSWIRE) -- Lumina Gold Corp. (TSX-V:LUM) (the “Company” or “Lumina”) is pleased to announce [...]