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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

Post by Beabaggageon Jun 27, 2022 10:34am
119 Views
Post# 34784385

Things still active in Ecuador politically, nothing from LUG

Things still active in Ecuador politically, nothing from LUGon this.. hopefully being in the lower southeastern corridor FDN will not be affected.  These miners are better to their workers than the govt is, w FDN having a good year w divs being declared etc. hopefully they hare helping the people out as the have along w their Newcrest partner thru the recent years.  Bea Ecuador could stop pumping oil within 48 hours due to protests | Reuters
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