Highlights from 7,800 metre diamond hole (35-151 metres)
Resource Conversion Drill Program:
- Hole C23-265: 2.47 g/t gold equivalent over 85 metres from
surface to end of hole.
- Hole C23-302: 1.75 g/t gold equivalent over 113 metres
from 2 metres to end of hole.
- Hole C23-317: 1.86 g/t gold equivalent over 96 metres from
surface to end of hole.
- Highest gold assay ever on the project in hole C23-253, 2
metres from 40 to 42 metres grading 580 g/t Au.
VANCOUVER, BC, Jan. 18,
2024 /CNW/ - Lumina Gold Corp. (TSXV: LUM)
(OTCQX: LMGDF) (the "Company" or "Lumina") is pleased to
announce results from the 2023 Phase 1 mining resource conversion
drilling campaign in support of the ongoing Feasibility Study
("FS") at its Cangrejos Project (the "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 geotechnical holes
with subsequent hydrogeological testing in support of pit slope
design. The 2023 drill program at the Project is summarized below
in Table 1.
Marshall Koval, CEO and
Director commented: "The completion of this drilling supports
several key programs of the Feasibility Study. Work on the revised
resource estimate, pit slope design metallurgical testing including
High-Pressure Grinding Roll testing are now all underway. The
assays from the resource infill program continue to demonstrate the
exceptional continuity of grade at Cangrejos and are in line with
expectations from previous drilling and studies."
Table 1: 2023 Drill Program Summary
|
Resource
Conversion
|
Pit Slope
Geotechnical
|
Metallurgical
Twin Holes
|
Hydrogeological
Pump
Testing
|
Totals
|
|
Cangrejos
|
|
Total # of
holes
|
91
|
10
|
9
|
6
|
116
|
|
Total
metreage
|
7,786
|
3,729
|
1,668
|
215
|
13,399
|
|
Shallowest hole
(m)
|
35
|
180
|
56
|
27
|
|
|
Deepest Hole
(m)
|
151
|
600
|
290
|
69
|
|
|
Gran
Bestia
|
|
Total # of
holes
|
n/a
|
10
|
7
|
n/a
|
17
|
|
Total
metreage
|
n/a
|
4,142
|
1,397
|
n/a
|
5,539
|
|
Shallowest hole
(m)
|
n/a
|
150
|
100
|
n/a
|
|
|
Deepest Hole
(m)
|
n/a
|
663
|
265
|
n/a
|
|
|
Overall
|
|
Total # of
holes
|
91
|
20
|
16
|
6
|
133
|
|
Total
metreage
|
7,786
|
7,871
|
3,065
|
215
|
18,938
|
Cangrejos Drill-Hole Results
Highlights of the 2023 Project resource conversion program are
provided in Table 2, and the corresponding intercepts are
highlighted in Figures 1 and 2. A complete listing of results from
the 2023 Project resource conversion program is provided in Annex
1.
Table 2: Highlighted Drill Results
|
Hole
Number
|
From
(m)
|
To
(m)
|
Interval
(m)
|
Au
Grade
(g/t)
|
Cu
Grade
(%)
|
Au
Eq.
(g/t)
|
Total
Depth
(m)
|
Comments
|
|
C23-252
|
6.0
|
45.0
|
39.0
|
2.50
|
0.31
|
2.94
|
45
|
Open to
depth
|
|
C23-253
|
4.0
|
54.0
|
50.0
|
23.48
|
0.09
|
23.64
|
85
|
Incl. 2m grading 580g/t
Au - uncut
|
|
or
|
4.0
|
54.0
|
50.0
|
3.08
|
0.09
|
3.24
|
85
|
2m grading 580g/t Au
cut to 70g/t
|
|
C23-265
|
0.0
|
85.0
|
85.0
|
2.09
|
0.24
|
2.47
|
85
|
Open to
depth
|
|
C23-269
|
0.0
|
115.0
|
115.0
|
1.02
|
0.24
|
1.37
|
115
|
Open to
depth
|
|
C23-270
|
0.0
|
70.0
|
70.0
|
1.14
|
0.13
|
1.38
|
70
|
Open to
depth
|
|
C23-275
|
0.0
|
91.0
|
91.0
|
1.76
|
0.13
|
1.97
|
91
|
Incl. 2m grading
16.4g/t Au - uncut
|
|
C23-302
|
2.0
|
115.0
|
113.0
|
1.50
|
0.16
|
1.75
|
115
|
Open to
depth
|
|
C23-306
|
0.0
|
70.1
|
70.1
|
1.12
|
0.12
|
1.31
|
70.1
|
Open to
depth
|
|
C23-312
|
0.0
|
76.0
|
76.0
|
1.40
|
0.17
|
1.65
|
76
|
Open to
depth
|
|
C23-316
|
0.0
|
76.0
|
76.0
|
1.24
|
0.19
|
1.52
|
76
|
Open to
depth
|
|
C23-317
|
0.0
|
96.0
|
96.0
|
1.48
|
0.27
|
1.86
|
96
|
Open to
depth
|
|
Note: Minor
contributors to Au Eq. calculation, silver and molybdenum are not
included in this table but are provided in Annex 1. Intervals in
the reported holes are calculated using a cut-off of 0.2 g/t Au
with maximum internal dilution of ten continuous metres. A 70g/t Au
top cut was applied for the interval noted in the comments section.
Sampling is done in consistent, continuous 2-metre intervals.
Values assume 100% recovery of all quoted metals and the following
prices were used to calculate Au Eq.: a gold price of US$1,500 per
ounce, a copper price of US$3.00 per pound, a molybdenum price of
US$7.00 per pound and a silver price of US$18.00 per
ounce.
|
|
Lumina Gold received the highest drill assay ever returned from
the project in hole C23-253, where a 2-metre intercept from 40 to
42 metres graded 580 g/t Au, see Figure 1.
Lumina is operating normally at the Project. The Company's
activities have not been affected by the recent civil disturbances
that have impacted other areas in Ecuador.
Quality Assurance
All Lumina sample assay results have been independently
monitored through a quality control / quality assurance ("QA/QC")
program that includes 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 Labs' ("ALS") sample preparation
facilities in Quito, Ecuador.
Sample pulps are sent to ALS' chemical labs in 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. The lab
is independent from Lumina.
Lumina is not aware of any drilling, sampling, recovery, or
other factors that could materially affect the accuracy or
reliability of the data referred to herein.
Qualified Person
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 Project has reviewed, verified, and approved
the contents of this news release and has verified the data
underlying the contents of this news release by review and
supervision of, but not limited to, drilling procedures, chain of
custody of core and samples, logging and sampling procedures and
insertion of blind standards, blanks and pulp duplicates into the
sample stream and running of check samples with an umpire
laboratory; such that no limitations are known that would prohibit
it being suitable for resource estimation.
About Lumina Gold
Lumina Gold Corp. (TSXV: LUM) is a Vancouver, Canada based precious and base
metals exploration and development company focused on the Cangrejos
Gold-Copper Project located in El Oro Province, southwest
Ecuador. In 2023, the Company
completed a Pre-Feasibility Study for Cangrejos, which is the
largest primary gold deposit in Ecuador. Lumina has an experienced management
team with a successful track record of advancing and monetizing
exploration projects.
Follow us on: Twitter, Linkedin or Facebook.
Further details are available on the Company's website at
https://luminagold.com/. To receive future news releases please
sign up at https://luminagold.com/contact.
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. Such forward-looking statements or
information include but are not limited to statements or
information with respect to potentially converting mineral
resources to mineral reserves and future work programs and work on
the FS. Often, but not always, forward-looking statements or
information can be identified by the use of words such as "will" or
"projected" or variations of those words or statements that certain
actions, events or results "will", "could", "are proposed to", "are
planned to", "are expected to" or "are anticipated 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.
Annex. 1: Drill result table – Complete 2023 Cangrejos Infill
Resource Conversion Program Results. Intervals provided in Table 2.
are shown in bold.
|
Hole
Number
|
From
(m)
|
To
(m)
|
Interval
(m)
|
Au
Grade
(g/t)
|
Cu
Grade
(%)
|
Ag
Grade
(g/t)
|
Mo
Grade
(ppm)
|
Au
Eq.
(g/t)
|
Total
Depth
(m)
|
Comments
|
|
C23-242
|
0.0
|
86.0
|
86.0
|
0.37
|
0.09
|
1.19
|
2
|
0.51
|
140.0
|
330°/-65°
|
|
and
|
98.0
|
100.0
|
2.0
|
0.26
|
0.05
|
0.25
|
2
|
0.33
|
|
|
|
and
|
112.0
|
136.0
|
24.0
|
0.31
|
0.05
|
0.29
|
8
|
0.38
|
|
|
|
C23-243
|
0.0
|
2.0
|
2.0
|
0.37
|
0.01
|
21.00
|
1
|
0.64
|
85.2
|
|
|
and
|
10.0
|
14.0
|
4.0
|
0.31
|
0.03
|
9.75
|
1
|
0.46
|
|
|
|
and
|
52.0
|
70.0
|
18.0
|
0.25
|
0.09
|
0.72
|
1
|
0.38
|
|
|
|
C23-244
|
0.0
|
88.0
|
88.0
|
0.54
|
0.07
|
1.53
|
6
|
0.66
|
130.9
|
150°/-65°
|
|
and
|
118.0
|
128.0
|
10.0
|
0.26
|
0.02
|
0.46
|
15
|
0.30
|
|
|
|
C23-245
|
4.0
|
18.0
|
14.0
|
0.33
|
0.06
|
12.59
|
2
|
0.55
|
45.1
|
|
|
and
|
30.0
|
45.1
|
15.1
|
0.25
|
0.15
|
1.23
|
2
|
0.47
|
|
Open to
depth
|
|
C23-246
|
0.0
|
2.0
|
2.0
|
0.33
|
0.03
|
22.50
|
3
|
0.64
|
85.3
|
|
|
and
|
12.0
|
30.0
|
18.0
|
0.43
|
0.04
|
25.34
|
5
|
0.79
|
|
|
|
and
|
52.0
|
84.0
|
32.0
|
0.44
|
0.02
|
0.29
|
11
|
0.48
|
|
|
|
C23-247
|
14.0
|
16.0
|
2.0
|
0.95
|
0.04
|
1.30
|
1
|
1.03
|
75.4
|
|
|
and
|
26.0
|
58.0
|
32.0
|
0.27
|
0.12
|
1.97
|
5
|
0.46
|
|
|
|
C23-248
|
2.0
|
30.0
|
28.0
|
0.31
|
0.09
|
5.88
|
5
|
0.51
|
50.0
|
|
|
and
|
42.0
|
50.0
|
8.0
|
0.58
|
0.15
|
1.40
|
8
|
0.81
|
|
Open to
depth
|
|
C23-249
|
0.0
|
35.1
|
35.1
|
0.47
|
0.17
|
3.10
|
9
|
0.75
|
35.1
|
Open to
depth
|
|
C23-250
|
16.0
|
18.0
|
2.0
|
0.74
|
0.04
|
2.90
|
1
|
0.83
|
100.4
|
|
|
and
|
46.0
|
92.0
|
46.0
|
0.29
|
0.14
|
2.01
|
10
|
0.50
|
|
|
|
C23-251
|
0.0
|
86.0
|
86.0
|
0.44
|
0.05
|
2.14
|
6
|
0.53
|
90.1
|
|
|
C23-252
|
6.0
|
45.1
|
39.1
|
2.50
|
0.31
|
3.83
|
11
|
2.94
|
45.1
|
Open to
depth
|
|
C23-253
|
4.0
|
54.0
|
50.0
|
3.08
|
0.09
|
2.46
|
4
|
3.24
|
85.2
|
2m sample
grading
580g/t Au cut to 70g/t
Au
|
|
or
|
4.0
|
54.0
|
50.0
|
23.48
|
0.09
|
2.46
|
3
|
23.64
|
85.2
|
2m sample
grading
580g/t Au - uncut
|
|
and
|
70.0
|
76.0
|
6.0
|
0.75
|
0.05
|
1.30
|
4
|
0.96
|
|
|
|
C23-254
|
0.0
|
100.1
|
100.1
|
0.68
|
0.05
|
1.90
|
18
|
0.78
|
100.1
|
Open to
depth
|
|
C23-255
|
0.0
|
45.2
|
45.2
|
1.46
|
0.37
|
1.75
|
1
|
1.98
|
45.2
|
Open to
depth
|
|
C23-256
|
16.0
|
48.0
|
32.0
|
0.42
|
0.09
|
8.49
|
8
|
0.64
|
76.0
|
|
|
and
|
64.0
|
66.0
|
2.0
|
1.68
|
0.06
|
0.25
|
6
|
1.76
|
|
|
|
C23-257
|
8.0
|
14.0
|
6.0
|
0.39
|
0.09
|
6.23
|
13
|
0.59
|
55.2
|
|
|
C23-258
|
0.0
|
48.0
|
48.0
|
1.09
|
0.06
|
4.81
|
8
|
1.22
|
85.4
|
Open to
depth
|
|
and
|
62.0
|
85.4
|
23.4
|
0.69
|
0.04
|
0.33
|
37
|
0.77
|
|
|
|
C23-259
|
16.0
|
54.0
|
38.0
|
0.22
|
0.15
|
1.19
|
3
|
0.44
|
65.0
|
|
|
C23-260
|
0.0
|
2.0
|
2.0
|
0.37
|
0.05
|
0.25
|
2
|
0.44
|
75.3
|
|
|
and
|
8.0
|
10.0
|
2.0
|
0.33
|
0.01
|
0.50
|
1
|
0.35
|
|
|
|
and
|
52.0
|
62.0
|
10.0
|
0.23
|
0.05
|
0.30
|
24
|
0.32
|
|
|
|
C23-261
|
0.0
|
65.1
|
65.1
|
1.13
|
0.12
|
1.55
|
30
|
1.40
|
65.1
|
Open to
depth
|
|
C23-262
|
8.0
|
10.0
|
2.0
|
0.57
|
0.07
|
1.20
|
2
|
0.67
|
75.3
|
330°/-85°
Open to
depth
|
|
and
|
26.0
|
75.3
|
49.3
|
0.24
|
0.09
|
0.42
|
15
|
0.37
|
|
|
|
C23-263
|
2.0
|
8.0
|
6.0
|
0.88
|
0.23
|
6.47
|
3
|
1.28
|
91.3
|
Open to
depth
|
|
and
|
22.0
|
26.0
|
4.0
|
0.23
|
0.04
|
0.53
|
1
|
0.30
|
|
|
|
and
|
36.0
|
40.0
|
4.0
|
0.33
|
0.13
|
0.25
|
4
|
0.51
|
|
|
|
and
|
52.0
|
91.3
|
39.3
|
0.67
|
0.20
|
0.58
|
8
|
0.95
|
|
|
|
C23-264
|
12.0
|
24.0
|
12.0
|
0.34
|
0.10
|
0.79
|
7
|
0.49
|
90.2
|
|
|
and
|
82.0
|
84.0
|
2.0
|
0.26
|
0.12
|
0.70
|
70
|
0.45
|
|
|
|
C23-265
|
0.0
|
85.3
|
85.3
|
2.09
|
0.24
|
1.44
|
78
|
2.47
|
85.3
|
Open to
depth
|
|
C23-266
|
0.0
|
115.1
|
115.1
|
0.83
|
0.18
|
0.57
|
10
|
1.09
|
115.1
|
Open to
depth
|
|
C23-267
|
0.0
|
65.7
|
65.7
|
1.09
|
0.14
|
2.09
|
24
|
1.31
|
65.7
|
Open to
depth
|
|
C23-268
|
2.0
|
22.0
|
20.0
|
0.25
|
0.14
|
0.86
|
1
|
0.46
|
55.1
|
150°/-50°
|
|
and
|
46.0
|
54.0
|
8.0
|
0.24
|
0.08
|
0.61
|
3
|
0.35
|
|
|
|
C23-269
|
0.0
|
115.0
|
115.0
|
1.02
|
0.24
|
0.67
|
46
|
1.37
|
115.0
|
330°/-60°
Open to
depth
|
|
C23-270
|
0.0
|
70.0
|
70.0
|
1.14
|
0.13
|
4.70
|
40
|
1.38
|
70.0
|
Open to
depth
|
|
C23-271
|
2.0
|
100.2
|
98.2
|
0.60
|
0.16
|
4.74
|
8
|
0.88
|
100.2
|
Open to
depth
|
|
C23-272
|
0.0
|
100.0
|
100.0
|
0.87
|
0.14
|
0.63
|
19
|
1.07
|
100.0
|
150°/-50°
Open to
depth
|
|
C23-273
|
0.0
|
75.2
|
75.2
|
0.88
|
0.19
|
2.10
|
3
|
1.17
|
75.2
|
330°/-60°
Open to
depth
|
|
C23-274
|
0.0
|
65.5
|
65.5
|
0.57
|
0.09
|
0.68
|
15
|
0.72
|
65.5
|
150°/-75°
Open to
depth
|
|
C23-275
|
0.0
|
90.8
|
90.8
|
1.76
|
0.13
|
2.15
|
23
|
1.97
|
90.8
|
150°/-75°
2m sample
grading
|
|
C23-276
|
14.0
|
22.0
|
8.0
|
0.37
|
0.11
|
3.55
|
2
|
0.56
|
95.1
|
|
|
and
|
52.0
|
54.0
|
2.0
|
0.34
|
0.13
|
2.50
|
6
|
0.55
|
|
|
|
and
|
64.0
|
66.0
|
2.0
|
0.25
|
0.11
|
0.60
|
2
|
0.41
|
|
|
|
and
|
88.0
|
90.0
|
2.0
|
0.25
|
0.02
|
0.25
|
7
|
0.27
|
|
|
|
C23-277
|
0.0
|
2.0
|
2.0
|
0.32
|
0.04
|
0.25
|
2
|
0.37
|
105.9
|
330°/-70°
Open to
depth
|
|
and
|
10.0
|
12.0
|
2.0
|
0.24
|
0.08
|
2.30
|
1
|
0.37
|
|
|
|
and
|
32.0
|
34.0
|
2.0
|
0.21
|
0.06
|
0.60
|
2
|
0.31
|
|
|
|
and
|
36.0
|
38.0
|
2.0
|
0.27
|
0.05
|
2.30
|
2
|
0.37
|
|
|
|
and
|
86.0
|
105.9
|
19.9
|
0.40
|
0.07
|
0.75
|
4
|
0.51
|
|
Open to
depth
|
|
C23-278
|
0.0
|
80.0
|
80.0
|
0.58
|
0.15
|
0.55
|
10
|
0.79
|
80.0
|
Open to
depth
|
|
C23-279
|
0.0
|
71.4
|
71.4
|
0.53
|
0.14
|
0.40
|
10
|
0.73
|
71.4
|
Open to
depth
|
|
C23-280
|
0.0
|
65.4
|
65.4
|
0.51
|
0.12
|
2.98
|
17
|
0.72
|
65.4
|
Open to
depth
|
|
C23-281
|
10.0
|
28.0
|
18.0
|
0.88
|
0.16
|
1.63
|
1
|
1.11
|
110.1
|
Open to
depth
|
|
and
|
44.0
|
46.0
|
2.0
|
0.23
|
0.07
|
0.25
|
2
|
0.33
|
|
|
|
and
|
48.0
|
50.0
|
2.0
|
0.21
|
0.09
|
0.25
|
1
|
0.34
|
|
|
|
and
|
60.0
|
64.0
|
4.0
|
0.42
|
0.09
|
1.20
|
4
|
0.56
|
|
|
|
and
|
80.0
|
110.1
|
30.1
|
0.43
|
0.13
|
0.53
|
24
|
0.63
|
|
|
|
C23-282
|
4.0
|
6.0
|
2.0
|
0.22
|
0.08
|
0.60
|
3
|
0.34
|
81.2
|
330°/-65°
|
|
and
|
16.0
|
18.0
|
2.0
|
0.27
|
0.04
|
0.25
|
8
|
0.33
|
|
|
|
and
|
26.0
|
72.0
|
46.0
|
0.71
|
0.04
|
0.31
|
7
|
0.77
|
|
|
|
C23-283
|
24.0
|
36.0
|
12.0
|
0.31
|
0.10
|
1.03
|
4
|
0.46
|
79.2
|
150°/-70°
|
|
and
|
52.0
|
74.0
|
22.0
|
0.57
|
0.08
|
0.74
|
6
|
0.69
|
|
|
|
C23-284
|
4.0
|
84.0
|
80.0
|
0.63
|
0.11
|
0.67
|
40
|
0.80
|
100.2
|
330°/-70°
Open to
depth
|
|
and
|
96.0
|
100.2
|
4.2
|
0.64
|
0.12
|
0.25
|
120
|
0.84
|
|
|
|
C23-285
|
0.0
|
84.0
|
84.0
|
0.58
|
0.20
|
2.17
|
12
|
0.88
|
85.0
|
|
|
C23-286
|
0.0
|
90.8
|
90.8
|
0.39
|
0.12
|
1.23
|
7
|
0.58
|
90.8
|
330°/-50°
Open to
depth
|
|
C23-286A
|
6.0
|
88.0
|
82.0
|
0.37
|
0.13
|
1.20
|
7
|
0.56
|
150.5
|
330°/-50°
Open to
depth
|
|
and
|
106.0
|
122.0
|
16.0
|
0.26
|
0.08
|
0.76
|
4
|
0.39
|
|
|
|
and
|
142.0
|
150.5
|
8.5
|
0.60
|
0.10
|
0.91
|
2
|
0.74
|
|
|
|
C23-287
|
0.0
|
46.0
|
46.0
|
0.54
|
0.08
|
0.35
|
9
|
0.65
|
50.3
|
|
|
C23-288
|
0.0
|
65.2
|
65.2
|
0.67
|
0.08
|
0.47
|
40
|
0.80
|
65.2
|
330°/-60°
Open to
depth
|
|
C23-289
|
0.0
|
46.0
|
46.0
|
1.35
|
0.32
|
2.58
|
5
|
1.82
|
100.1
|
Open to
depth
|
|
and
|
64.0
|
100.2
|
36.2
|
1.29
|
0.45
|
2.45
|
13
|
1.95
|
|
|
|
C23-290
|
0.0
|
62.0
|
62.0
|
0.92
|
0.05
|
1.01
|
6
|
1.00
|
65.5
|
|
|
C23-291
|
0.0
|
80.0
|
80.0
|
0.65
|
0.07
|
2.23
|
23
|
0.77
|
100.2
|
|
|
C23-292
|
0.0
|
65.4
|
65.4
|
0.88
|
0.12
|
0.34
|
108
|
1.09
|
65.4
|
Open to
depth
|
|
C23-293
|
0.0
|
62.0
|
62.0
|
0.36
|
0.12
|
1.18
|
4
|
0.54
|
75.1
|
|
|
C23-294
|
10.0
|
34.0
|
24.0
|
0.23
|
0.16
|
0.75
|
4
|
0.46
|
140.7
|
|
|
and
|
42.0
|
44.0
|
2.0
|
0.21
|
0.06
|
0.25
|
2
|
0.30
|
|
|
|
and
|
58.0
|
72.0
|
14.0
|
0.55
|
0.04
|
0.25
|
10
|
0.60
|
|
|
|
and
|
86.0
|
116.0
|
30.0
|
0.23
|
0.04
|
0.38
|
2
|
0.29
|
|
|
|
and
|
132.0
|
136.0
|
4.0
|
0.27
|
0.05
|
0.85
|
2
|
0.35
|
|
|
|
C23-295
|
0.0
|
60.9
|
60.9
|
0.84
|
0.12
|
2.49
|
23
|
1.03
|
60.9
|
Open to
depth
|
|
C23-296
|
2.0
|
50.0
|
48.0
|
0.31
|
0.14
|
1.67
|
3
|
0.53
|
55.2
|
|
|
C23-297
|
0.0
|
80.6
|
80.6
|
0.74
|
0.11
|
0.85
|
46
|
0.91
|
80.6
|
Open to
depth
|
|
C23-298
|
0.0
|
70.3
|
70.3
|
0.87
|
0.07
|
1.42
|
25
|
0.99
|
70.3
|
Open to
depth
|
|
C23-299
|
6.0
|
16.0
|
10.0
|
0.50
|
0.06
|
2.50
|
1
|
0.62
|
35.2
|
|
|
and
|
28.0
|
30.0
|
2.0
|
0.46
|
0.03
|
0.25
|
6
|
0.50
|
|
|
|
C23-300
|
6.0
|
95.3
|
89.3
|
0.42
|
0.08
|
0.44
|
24
|
0.54
|
95.3
|
Open to
depth
|
|
C23-301
|
16.0
|
20.0
|
4.0
|
0.56
|
0.18
|
1.75
|
10
|
0.83
|
105.3
|
Open to
depth
|
|
and
|
36.0
|
38.0
|
2.0
|
0.35
|
0.07
|
0.70
|
1
|
0.46
|
|
|
|
and
|
50.0
|
52.0
|
2.0
|
0.59
|
0.06
|
0.70
|
1
|
0.68
|
|
|
|
and
|
70.0
|
72.0
|
2.0
|
0.31
|
0.03
|
0.90
|
2
|
0.35
|
|
|
|
and
|
84.0
|
105.3
|
21.3
|
0.91
|
0.08
|
0.51
|
2
|
1.03
|
|
|
|
C23-302
|
2.0
|
115.1
|
113.1
|
1.50
|
0.16
|
1.48
|
44
|
1.75
|
115.1
|
330°/-45°
Open to
depth
|
|
C23-303
|
0.0
|
50.2
|
50.2
|
1.22
|
0.08
|
2.02
|
19
|
1.36
|
50.2
|
Open to
depth
|
|
C23-304
|
2.0
|
8.0
|
6.0
|
0.32
|
0.04
|
2.00
|
3
|
0.40
|
65.1
|
330°/-60°
Open to
depth
|
|
and
|
28.0
|
30.0
|
2.0
|
0.25
|
0.10
|
0.60
|
7
|
0.39
|
|
|
|
and
|
64.0
|
65.1
|
1.1
|
0.43
|
0.02
|
0.25
|
1
|
0.47
|
|
|
|
C23-305
|
24.0
|
66.0
|
42.0
|
0.26
|
0.05
|
0.52
|
7
|
0.33
|
105.2
|
Open to
depth
|
|
and
|
92.0
|
105.2
|
13.2
|
0.32
|
0.06
|
0.42
|
12
|
0.40
|
|
|
|
C23-306
|
0.0
|
70.1
|
70.1
|
1.12
|
0.12
|
0.55
|
48
|
1.31
|
70.1
|
Open to
depth
|
|
C23-307
|
4.0
|
100.4
|
96.4
|
0.32
|
0.10
|
0.32
|
8
|
0.47
|
100.4
|
Open to
depth
|
|
C23-308
|
0.0
|
78.0
|
78.0
|
0.82
|
0.08
|
2.44
|
6
|
0.96
|
80.5
|
|
|
C23-309
|
0.0
|
85.4
|
85.4
|
0.84
|
0.16
|
1.45
|
17
|
1.08
|
85.4
|
Open to
depth
|
|
C23-310
|
8.0
|
22.0
|
14.0
|
0.24
|
0.06
|
2.50
|
4
|
0.35
|
101.1
|
Open to
depth
|
|
and
|
42.0
|
44.0
|
2.0
|
1.35
|
0.06
|
0.60
|
1
|
1.44
|
|
|
|
and
|
56.0
|
58.0
|
2.0
|
0.65
|
0.08
|
0.60
|
5
|
0.77
|
|
|
|
and
|
84.0
|
86.0
|
2.0
|
0.25
|
0.07
|
0.25
|
7
|
0.35
|
|
|
|
and
|
98.0
|
101.1
|
3.1
|
1.15
|
0.15
|
0.77
|
11
|
1.37
|
|
|
|
C23-311
|
2.0
|
70.3
|
68.3
|
0.71
|
0.04
|
0.26
|
26
|
0.78
|
70.3
|
Open to
depth
|
|
C23-312
|
0.0
|
75.8
|
75.8
|
1.40
|
0.17
|
0.71
|
24
|
1.65
|
75.8
|
330°/-60°
Open to
depth
|
|
C23-313
|
0.0
|
92.0
|
92.0
|
0.41
|
0.10
|
0.38
|
12
|
0.55
|
115.6
|
|
|
and
|
106.0
|
108.0
|
2.0
|
0.22
|
0.03
|
0.25
|
5
|
0.27
|
|
|
|
C23-314
|
16.0
|
24.0
|
8.0
|
0.42
|
0.10
|
1.73
|
4
|
0.58
|
145.9
|
150°/-85°
Open to
depth
|
|
and
|
38.0
|
52.0
|
14.0
|
0.40
|
0.06
|
0.49
|
5
|
0.48
|
|
|
|
and
|
88.0
|
145.9
|
57.9
|
0.40
|
0.13
|
0.53
|
9
|
0.59
|
|
|
|
C23-315
|
0.0
|
115.5
|
115.5
|
0.32
|
0.12
|
0.48
|
4
|
0.49
|
115.5
|
Open to
depth
|
|
C23-316
|
0.0
|
75.7
|
75.7
|
1.24
|
0.19
|
0.82
|
31
|
1.52
|
75.7
|
Open to
depth
|
|
C23-317
|
0.0
|
95.7
|
95.7
|
1.48
|
0.27
|
0.50
|
56
|
1.86
|
95.7
|
Open to
depth
|
|
C23-318
|
0.0
|
46.0
|
46.0
|
0.64
|
0.14
|
1.75
|
4
|
0.85
|
115.4
|
330°/-55°
|
|
and
|
60.0
|
114.0
|
54.0
|
0.37
|
0.10
|
0.63
|
5
|
0.52
|
|
|
|
C23-319
|
0.0
|
122.0
|
122.0
|
0.50
|
0.15
|
0.54
|
13
|
0.72
|
125.9
|
330°/-60°
|
|
C23-320
|
0.0
|
78.0
|
78.0
|
0.54
|
0.20
|
0.43
|
23
|
0.82
|
86.2
|
330°/-45°
|
|
C23-321
|
0.0
|
36.0
|
36.0
|
0.53
|
0.17
|
1.06
|
2
|
0.78
|
105.0
|
Open to
depth
|
|
and
|
48.0
|
105.0
|
57.0
|
0.97
|
0.34
|
0.99
|
13
|
1.44
|
|
|
|
C23-322
|
0.0
|
100.4
|
100.4
|
0.67
|
0.20
|
0.58
|
15
|
0.95
|
100.4
|
Open to
depth
|
|
C23-323
|
2.0
|
95.7
|
93.7
|
0.27
|
0.11
|
1.70
|
16
|
0.45
|
95.7
|
Open to
depth
|
|
C23-324
|
4.0
|
95.7
|
91.7
|
0.54
|
0.16
|
0.39
|
13
|
0.78
|
95.7
|
330°/-55°
Open to
depth
|
|
C23-325
|
0.0
|
98.0
|
98.0
|
0.35
|
0.08
|
0.78
|
15
|
0.48
|
141.2
|
330°/-70°
Open to
depth
|
|
and
|
112.0
|
141.2
|
29.2
|
1.36
|
0.15
|
3.84
|
9
|
1.61
|
|
|
|
C23-326
|
0.0
|
75.1
|
75.1
|
0.90
|
0.31
|
0.70
|
19
|
1.34
|
75.1
|
Open to
depth
|
|
C23-327
|
26.0
|
30.0
|
4.0
|
2.65
|
0.03
|
1.00
|
2
|
2.71
|
106.0
|
225°/-65°
|
|
and
|
40.0
|
84.0
|
44.0
|
0.33
|
0.14
|
0.91
|
8
|
0.53
|
|
|
|
and
|
98.0
|
106.0
|
8.0
|
0.57
|
0.09
|
1.44
|
13
|
0.72
|
|
|
|
C23-328
|
0.0
|
8.00
|
8.0
|
0.27
|
0.05
|
2.28
|
3
|
0.37
|
60.6
|
|
|
and
|
52.0
|
60.0
|
8.0
|
0.36
|
0.04
|
0.25
|
5
|
0.41
|
|
|
|
C23-329
|
2.0
|
75.2
|
73.2
|
0.35
|
0.11
|
0.32
|
11
|
0.51
|
75.2
|
Open to
depth
|
|
C23-330
|
6.0
|
71.3
|
65.3
|
0.81
|
0.32
|
1.49
|
6
|
1.27
|
71.3
|
330°/-55°
Open to
depth
|
|
C23-331
|
0.0
|
55.2
|
55.2
|
0.29
|
0.13
|
0.38
|
5
|
0.48
|
55.2
|
Open to
depth
|
|
Note: All holes
drilled at 0° azimuth and
-90° dip unless otherwise stated in the
comments. Intervals in the reported holes are calculated using a
cut-off of 0.2 g/t Au with maximum internal dilution of ten
continuous metres. A top-cut of 70 g/t Au was applied to one sample
as noted in comments. Sampling is done in consistent, continuous
2-metre intervals. Values assume 100% recovery of all quoted metals
and the following prices were used: a gold price of US$1,500 per
ounce, a copper price of US$3.00 per pound, a molybdenum price of
US$7.00 per pound and a silver price of US$18.00 per
ounce.
|
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SOURCE Lumina Gold Corp.
