Lundin Gold Inc T.LUG

Alternate Symbol(s): LUGDF

Metals & Mining Gold

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. The Company’s properties in Southeast Ecuador consists of over 28 metallic mineral concessions and three construction materials concessions covering an area of approximately 64,454 hectares. From this, Fruta del Norte is comprised of seven concessions covering an area of approximately 5,566 hectares and is located approximately 142 km east-northeast of the City of Loja in southeastern Ecuador. Fruta del Norte deposit is an intermediate sulphidation epithermal gold-silver deposit.

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Lundin Gold Inc > Umbrella Agreement For (Some) Future Mines

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Comment by petersburggrayon Nov 25, 2021 5:25pm

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Post# 34166677

RE:RE:RE:Umbrella Agreement For (Some) Future Mines

Thanks for posting this SolGold PR RatPatrol since it is apropos to LUG. My english reading comprehension is really not too bad and rereading it i came to same understanding, namely that Solgold commit to investing $430mm in Ecuador between today and 2031 and in return Ecuador commit to not changing rules of game in middle of play and also commit to not seizing Solgolds assets in Ecuador until at least 2036. What am i missing?

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