Lumina Gold is pleased to announce that under the previously announced US$300 million precious metals purchase agreement with Wheaton Precious Metals, 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 related to [...]
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 [...]
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 [...]
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 [...]
Lumina Gold Corp. is pleased to announce that it has recommenced drilling at its Cangrejos gold-copper project in southwest Ecuador. The Company has initiated the approximately 8,000 metre geotechnical drill program at both the Cangrejos and Gran Bestia deposits. The infill resource definition program will commence in September and will include [...]
Lumina Gold Corp. is pleased to announce that it has hired Ron Halas, P.Eng. as Chief Operating Officer. Mr. Halas has over 30 years of diverse experience including open pit and underground mining in both base and precious metals. He has worked with major mining companies including Kinross, IAMGOLD, Vale, PT Freeport Indonesia, Placer Dome, and [...]
Lumina Gold Corp. is pleased to announce that the Company has filed on SEDAR an independent technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects supporting the results of a Pre-Feasibility Study for the development of its Cangrejos gold-copper project located in southwest, Ecuador [...]
Lumina Gold Corp. is pleased to announce that it has received the first US$12 million payment under the previously announced precious metals purchase agreement with Wheaton Precious Metals International Ltd. in relation to its 100% owned Cangrejos gold-copper project located in El Oro Province, Ecuador . The principal terms of the First Early [...]
Lumina Gold Corp. is pleased to announce that it entered into a precious metals purchase agreement with Wheaton Precious Metals International Ltd., a wholly owned subsidiary of Wheaton Precious Metals Corp. in relation to its 100% owned Cangrejos gold-copper project located in El Oro Province, Ecuador on May 16, 2023. The Gold Stream initially [...]
Lumina Gold Corp. is pleased to announce it has received positive results from the Preliminary Feasibility Study, prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects, for its 100%-owned Cangrejos Project. The work that was completed as the basis for the PFS was managed by Ausenco Engineering Canada [...]
Highlights include: Achieved 84% gold recoveries on the Master Composite versus a recovery of 82% in the 2020 PEA Simplified flowsheet with the elimination of saprolite / sap-rock material and the elimination of the molybdenum concentrate circuit Ausenco-led Pre-Feasibility Study is on schedule for completion in Q2 2023 Lumina Gold Corp. is pleased [...]
Lumina Gold Corp. announces the results of its annual general and special meeting of shareholders held on December 15, 2022 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 [...]
