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Lundin Gold Inc T.LUG

Alternate Symbol(s):  LUGDF

Lundin Gold Inc. is a Canada-based mining company. The Company owns the Fruta del Norte gold mine in southeast Ecuador and a large exploration land package that hosts the Fruta del Norte deposit at its northern edge. The deposit is hosted in the La Zarza concession, located in the 38 square kilometers (km2) Suarez Pull-Apart Basin. Fruta del Norte deposit is located within a 150 kilometers (km) long copper-gold metallogenic sub-province in the Cordillera del Condor region in southeastern Ecuador. It is comprised of seven concessions covering an area of approximately 5,566 hectares and is located approximately 140 kilometers (km) east-northeast of the City of Loja. Fruta del Norte deposit is an intermediate sulphidation epithermal gold-silver deposit measuring approximately 1,670 meters along strike, and 700 meters down dip. Its mineralogy consists of chalcedonic to crystalline quartz, manganese carbonates, calcite, adularia, barite, marcasite and pyrite.


TSX:LUG - Post by User

Bullboard Posts
Comment by MatthewZyon Jan 23, 2020 8:37pm
117 Views
Post# 30591716

RE:Grade at LUNDIN GOLD former Aurelian Mine..

RE:Grade at LUNDIN GOLD former Aurelian Mine..Possible scenario about a month ago bossu..  

<Newcrest & Lundin family>; "Mr. Rollinson (Kinross ceo), you should really sell us the rest of FDN, it's non-core, too risky, you know Ecuador, and not that good of a project anyway and since you are having a firesale on assets ie. dumping off royalties to Maverix, you should really monetize FDN..."
 
Rollinson: "ok, we need money for Tasiast anyway... " 

<Newcrest & Lundin> *high fives* 

Bullboard Posts