VANCOUVER, BC, Aug. 2, 2023 /CNW/ - Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) (the "Company" or "Lumina") 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 approximately 10,000 metres of drilling. The goal of the program is to convert Probable mineral reserves to Proven mineral reserves for Phase 1 of mining at the Cangrejos deposit. Lumina intends to fund the Feasibility Study work and drilling from the proceeds received from Wheaton Precious Metals (see May 26, 2023 and May 16, 2023 news releases).
Read more at newswire.cahello world
Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.
