Lumina Resources Corp.
TSX : LUR

Lumina Resources Corp.

September 06, 2005 09:01 ET

Lumina Resources Exploration Update

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 6, 2005) - Lumina Resources Corp. (TSX:LUR) -

HUSHAMU

The Company is currently half way through a comprehensive exploration program on its property holdings in the Island Copper Belt of northern Vancouver Island. Work has included data compilation, an airborne geophysical survey, prospecting, geological mapping, soil sampling and core drilling. The budget for the program is $1,700,000.

In July three core holes were drilled on the Hushamu deposit. They were designed to test the deep extension of the deposit below a weakly mineralized quartz feldspar porphyry sill. The results were as follows:



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Copper
Hole From To Interval Copper Gold Equivalent
No. (metres) (metres) (metres) % g/t % (i)
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215 26.0 109.0 83.0 0.30 0.34 0.50
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216 12.2 121.0 108.8 0.35 0.53 0.66
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217 60.0 124.1 64.1 0.28 0.15 0.37
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(i) Copper Equivalent calculated using US$1.00/lb Cu and
US$400/oz Au and is not adjusted for metallurgical recoveries
as these remain uncertain. The formula used is as follows:
CuEQ equals Cu% + (Au g/t x 12.86 / 22.05).


The intercepts and grades of copper and gold in the upper part of each hole were consistent with previous drill results from the Hushamu deposit. However no significant new mineralization was detected at depth below the quartz feldspar porphyry sill. The drill was then moved to the NW Expo prospect where one exploration hole targeted an aero magnetic anomaly in a location close to three old drill holes that had intercepted weak copper gold mineralization. The results were as follows:



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Copper
Hole From To Interval Copper Gold Equivalent
No. (metres) (metres) (metres) % g/t % (i)
----------------------------------------------------------------
218 317.8 442.7 124.9 0.11 0.52 0.41
----------------------------------------------------------------
(i) Copper Equivalent calculated using US$1.00/lb Cu and
US$400/oz Au and is not adjusted for metallurgical recoveries
as these remain uncertain. The formula used is as follows:
CuEQ equals Cu% + (Au g/t x 12.86 / 22.05).


The data compilation, when integrated with the results of the new airborne survey, have generated eight new target areas. These targets are now the focus of a program of prospecting, geological mapping, soil sampling. The goal of this program is to develop targets for a core drilling program that will be executed in the fourth quarter of 2005.

Anthony Floyd, P.Geo, is the Qualified Person as defined by National Instrument 43-101 for the Hushamu Project. Bruce Davis of Norwest Corporation is supervising the quality control and quality assurance program. Core logging and sampling were completed in the Company's secure facility located at the project. The NQ core was sawn on site and samples were transported in tamper proof containers to the ALS Chemex facility in Vancouver for sample preparation and analysis. The Company inserts standards, blanks and duplicates selected on a random basis into the sample stream and sends 5% of the sample pulps to check laboratories in Vancouver. At ALS Chemex, all pulps were analyzed for gold by ore grade 30 g Fire Assay-Atomic Absorption Spectroscopy Combination (AAS) and 25 additional elements using High Grade Four Acid Digestion and inductively coupled plasma-emission spectroscopy (ICP-ES).

REDSTONE

The 2005 field program at Redstone is currently underway. The program will include geophysics on the principal Coates Lake license and a geological evaluation of our other property holdings in the district. The geophysical program consisting principally of induced polarization and seismic has commenced with orientation work over the known resource and will then extend into areas of poor outcrop closer to the centre of the Coates Lake basin. The budget for the program is $350,000.

LUMINA RESOURCES CORP.

Anthony Floyd, President


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