Inactive Instrument

LUMNX RES CO

LR

CA55028V1031

Luminex Resources drill results reveal high-grade intercept in New Breccia Pipe at Cuyes West

May 30, 2023 at 01:45 pm EDT

(via NewsDirect)

Luminex Resources CEO Marshall Koval joined Steve Darling from Proactive to share news the company has released results from four drill holes at the Cuyes open pit mineral resource.

The program has targeted the Cuyes West structure, with hole CU23-25 also intersecting a new breccia pipe with 3.0 metres from 223.0 metres grading 17.47 grams per ton (g/t) gold and 46.4 g/t silver.

Koval telling Proactive the company is now allocating more drill holes to the breccia pipe that has been displaying long mineralized intercepts, with grades increasing as the drilling goes deeper.

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Proactive Investors

+1 604-688-8158

na-editorial@proactiveinvestors.com

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Luminex Resources Corp. is a Canada-based precious and base metals exploration and development company with a focus on gold and copper projects in Ecuador. The Companyâs mineral exploration projects include Condor, Cascas, Pegasus, Tarqui, Orquideas and Other concessions. Condor Project has approximately nine concessions located in the Zamora-Chinchipe Province in southeast Ecuador. Cascas Project consists of two concession areas totaling 10,000 hectares located over 25 kilometers (km) southwest of the Condor project. Its Pegasus A1-7, Pegasus B8-14 and Luz concessions are an early-stage gold project comprising 66,250 hectares and are located approximately 150 km southwest of Quito. The Tarqui Project, consisting of two concession areas totaling 4,817 hectares located on trend with the Condor project. Its Other concession projects include Tres Picachos, La Canela, Orquideas and Quimi. Tres Picachos and La Canela, which are located approximately 100 km southwest of the Condor Project.

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Luminex Resources drill results reveal high-grade intercept in New Breccia Pipe at Cuyes West

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