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.

TSX:LUG - Post by User

Lundin Gold Inc

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Post by Beabaggageon Dec 07, 2022 6:09pm

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Post# 35157658

LUG marching higher daily

almost parabolic moves higher from the recent lows on the drilling and accumulation, coupled w POG moving from 1620 to 1800 area. Gold at 1900 or 2000? who knows. Are there 2-3 more FDN's in this lease space? well I guess LUG and NCM will find out w the drilling, for now near mine drilling is incredible for low cost production gains. Plus the q US$0.10 div now.. happy long w avg cost sub $US6. Long NCM as well. Bea

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