Lumina Gold Corp. announced that it has recommenced drilling at its Cangrejos gold-copper project in southwest Ecuador. The Company has initiated the approximately 8,000 metre geotechnical drill program at both the Cangrejos and Gran Bestia deposits.

The infill resource definition program will commence in September and will include approximately 10,000 metres of drilling. The goal of the program is to convert Probable mineral reserves to Proven mineral reserves for Phase 1 of mining at the Cangrejos deposit. Lumina intends to fund the Feasibility Study work and drilling from the proceeds received from Wheaton Precious Metals.

Lumina plans to ramp up to twelve drill rigs on site to complete the geotechnical and resource definition program, which it expects to complete in First Quarter 2024. Drilling will also produce fresh material for the next round of metallurgical test work to support the Feasibility Study.