Lumina Gold Advances on Feasibility Study with Completed Drilling at Cangrejos and Gran Bestia

Lumina Gold Corp. LUM on TSXV and LMGDF on OTCQB) has announced the completion of their intensive metallurgical and resource drilling programs targeting the promising Cangrejos and Gran Bestia gold-copper deposits. The successful culmination of these drilling efforts has enabled the company to move forward with the much-anticipated feasibility study, which is expected to play a crucial role in the development and enhancement of the project's economic potential.

Completed Drilling Sets Stage for Feasibility

The comprehensive drilling campaign was designed to not only expand the resource base but also to obtain detailed metallurgical data essential for the feasibility study's accuracy. With both the Cangrejos and Gran Bestia sites showing significant promise, Lumina Gold's focus on meticulous data collection is indicative of their commitment to a robust exploration and development strategy. This move aligns with the company's goal to upgrade and de-risk the project, providing a clear pathway towards production.

Metallurgical Testing: A Cornerstone of Lumina's Feasibility Study

Concurrent with the drilling achievements, Lumina Gold has launched into the metallurgical testing phase, a critical component that will underpin the feasibility study. This phase involves systematic testing procedures to determine the most effective methods for ore processing and recovery, ensuring optimal outcomes for both gold and copper yield from the Cangrejos and Gran Bestia deposits. The successful application of this testing will have a direct impact on the project's overall viability and profitability.

Lumina's meticulous approach, from drilling to testing, demonstrates the company's unwavering dedication to extracting the maximum value from its assets. The initiation of the feasibility study heralds a new era for Lumina Gold as it draws closer to transforming its extensive gold-copper resources into a tangible mining operation with significant potential benefits for investors and stakeholders alike.

LuminaGold, FeasibilityStudy, Drilling