Lumina Gold is pleased to announce that the Ministry of Energy and Mines of Ecuador has extended the Los Cangrejos mining concession until 2049. This decision by the Government of Ecuador creates positive conditions to continue the investment plans for Cangrejos. The Company can apply for another 25-year extension beyond 2049. The Company continues [...]
Drummond Ventures and Elton Resources, a corporation incorporated under the laws of the Province of BC, are pleased to announce that further to Drummond's press release dated September 9, 2024, Drummond, Elton and 1230507 B.C. Ltd., a wholly owned subsidiary of Drummond, have entered into a binding merger agreement dated Oct 31, 2024 in respect of [...]
Lumina Gol is pleased to announce the results of its annual general and special meeting of shareholders held on Oct 29, 2024 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 [...]
Lumina Gold is pleased to announce that under the previously announced US$300 million precious metals purchase agreement with Wheaton Precious Metals International, the Company has drawn an additional installment of US$10.2 million. The draw consisted of two tranches, US$9 million which was due twelve months after the initial draw in May 2023 and [...]
Lumina Gold CEO Marshall Koval joined Steve Darling from Proactive to provide an insightful update on the progress of the Feasibility Study for its Cangrejos gold-copper project in southwest Ecuador, in collaboration with Ausenco Engineering Canada and other key stakeholders. According to Koval, the consulting team has been diligently conducting [...]
Lumina Gold is pleased to provide an update on the progress of its Feasibility Study work with Ausenco Engineering Canada ULC and other developments that will support the Cangrejos gold-copper project in southwest Ecuador. Feasibility Study Work on the FS is progressing on schedule and to plan. Ausenco, the consultant working group and the teams [...]
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 [...]
Lumina Gold is pleased to announce that it has appointed Ausenco Engineering Canada ULC to lead the Feasibility Study on its Cangrejos Gold-Copper Project. 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 [...]
Lumina Gold 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 TSXV 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 [...]
Lumina Gold[/wp] is pleased to announce results from the 2023 Phase 1 mining resource conversion drilling campaign in support of the ongoing Feasibility Study at its Cangrejos Project in Ecuador. Resource drilling comprised part of a larger drill campaign at the Cangrejos and Gran Bestia deposits which also included, metallurgical samples and [...]
Lumina Gold 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 [...]
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 [...]
