Lumina Gold is the 100% owner of the Cangrejos gold-copper project in southwest Ecuador. The project is the 26th largest gold asset in the world and recently completed a PFS study. The study showed a 26-year mine life, producing almost 500koz Au Eq per year and a US$2.2B NPV at $1,650/oz. The company just completed drilling 19,000 metres to support the Feasibility study expected in Q2 2025. Ausenco was engaged in January to lead the study. Lumina Gold is being funded by the US$300M gold streaming deal it completed with Wheaton Precious Metals.
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