Luna Gold Corp. (the “Company”) is a publicly listed company on both the TSX and the LMA trading under the symbol “LGC” and on the OTCQX in the United States under the symbol “LGCUF”. The Company is actively engaged in the operation, exploration, acquisition and development of gold properties in Brazil. The Company currently has one producing gold mine, several brownfields exploration projects and several exploration projects located in the Luna Greenfields district in northeast Brazil.
The Aurizona gold mining operation (“Aurizona”) consists of an open pit mine and gold processing plant. Aurizona includes the Piaba and Tatajuba deposits, in addition to over 10 near mine exploration targets that are being actively explored by the Company. The land position covers approximately 15,500 hectares and consists of a mining license and three exploration permits. In September 2012 the Company’s Board of Directors approved a ~$50m Aurizona processing plant expansion program targeting to increase annual gold production of ~74,000 ounces in 2012 to an average annual life of mine gold production of ~140,000 ounces. This expansion is expected to be complete during the fourth quarter of 2013.
The Luna Greenfields exploration property is located next to Aurizona and consists of an extensive landholding of exploration licenses totalling approximately 220,000 hectares. This land holding is highly prospective due to its location in the southern extension of the Guyana Shield and displays strong geologic and structural similarities to West African gold belts. The project area encompasses over 100 artisanal gold workings that are being evaluated and explored by the Company.
For further information about the Company and its assets refer to www.lunagold.com – less