VANCOUVER, BC--(Marketwired - June 26, 2017) -
Highlights include:
Hole C17-58
- 1.90 grams per tonne gold and 0.30% copper over 305 metres
- Including 3.69 grams per tonne gold and 0.54% copper over 126 metres
Hole C17-56
- 1.09 grams per tonne gold and 0.30% copper over 349 metres
Lumina Gold Corp. (
Summary Drill Results
Hole Number | From (m) |
To (m) |
Interval (m) |
Au Grade (g/t) |
Cu Grade (%) |
|||||
C17-56 | 285 | 634 | 349 | 1.09 | 0.30 | |||||
C17-57 | 258 | 442 | 184 | 1.05 | 0.19 | |||||
C17-58 | 286 | 591 | 305 | 1.90 | 0.30 | |||||
(including) | 292 | 418 | 126 | 3.69 | 0.54 | |||||
C17-59 | 68 | 318 | 250 | 0.78 | 0.20 |
In addition to the above results there were significant intercepts of lower grade material in all four holes.
Quality Assurance
All Lumina sample assay results have been independently monitored through a quality control / quality assurance ("QA/QC") program including the insertion of blind standards, blanks and pulp and reject duplicate samples. Logging and sampling are completed at Lumina's secure facility located at the project. Drill core is sawn in half on site and half drill-core samples are securely transported to ALS's sample preparation facility in Quito, Ecuador. Sample pulps are sent to Lima, Peru for analysis. Gold content is determined by fire assay of a 30 gram charge with total copper content determined by four-acid digestion with ICP finish.
Qualified Persons
Leo Hathaway, P.Geo, Senior Vice President of Lumina and the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects for the Cangrejos project has reviewed, verified and approved the contents of this news release.
About Lumina Gold
Lumina Gold Corp. (
Further details are available on the Company's website at https://luminagold.com/.
LUMINA GOLD CORP.
Signed: "Marshall Koval"
Marshall Koval, President & CEO, Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release
Cautionary Note Regarding Forward-Looking Information
Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Often, but not always, forward-looking statements or information can be identified by phrases or statements that certain actions, events or results are "intended to" be taken, occur or be achieved.
With respect to forward-looking statements and information contained herein, the Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the prices of gold and copper, and anticipated costs and expenditures. The foregoing list of assumptions is not exhaustive.
Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that a forward-looking statement or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These factors include, but are not limited to: risks associated with the business of the Company; business and economic conditions in the mining industry generally; the supply and demand for labour and other project inputs; changes in commodity prices; changes in interest and currency exchange rates; risks relating to inaccurate geological and engineering assumptions (including with respect to the tonnage, grade and recoverability of reserves and resources); risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters); risks relating to adverse weather conditions; political risk and social unrest; changes in general economic conditions or conditions in the financial markets; and other risk factors as detailed from time to time in the Company's continuous disclosure documents filed with Canadian securities administrators. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws..
Contact Information:
For further information contact:
Scott Hicks
shicks@luminagold.com
T: +1 604 646 1890