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 > NCM has a lead on any new drill results from lease holdings

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Post by Beabaggageon May 10, 2022 10:35am

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Post# 34670251

NCM has a lead on any new drill results from lease holdings

coupled w the great results in FDN and despite Newcrests recent buy of Pretivm and its capex plans at Red Chris, Cadia etc.. I would not be surprised if they make a run at LUG next. Meanwhile they reap $30mil extra from the div now. Long LUG and NCM. Bea

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