Lundin Gold intercepts high-grade ore near-mine, expands 2023 program

News provided by Lundin Gold Inc. May 04, 2023, 18:00 ET Share this article Share to X Share this article Share to X VANCOUVER, BC , May 4, 2023 /CNW/ - Lundin Gold Inc. (TSX: LUG ) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) ("Lundin Gold" or the "Company") is pleased to announce results from the near-mine and conversion drilling programs at its 100% owned Fruta del Norte ("FDN") gold mine in southeast Ecuador . Of note, the near-mine drill program has discovered three new targets of interest, Fruta del Norte South ("FDNS"), Bonza Sur and Castillo, located to the south of FDN (see Figure 1). Highlights are outlined below and detailed results at the end of the release.

View PDF version . Continue Reading Figure 1: Near-mine program showing FDN, targets, drilling program completed and main results (CNW Group/Lundin Gold Inc.) Figure 2: FDN-Bonza Sur long section (looking East) showing targets and main results (CNW Group/Lundin Gold Inc.) Figure 3: Fruta del Norte long section showing main conversion drilling results (CNW Group/Lundin Gold Inc.) View PDF LUNDIN GOLD REPORTS HIGH GRADE INTERCEPTS FROM ITS NEAR-MINE PROGRAM, LEADING TO EXPANSION OF THE PROGRAM IN 2023 (CNW Group/Lundin Gold Inc.) Highlights from near-mine exploration holes drilled (not true widths): Drill hole FDNS-2023-019 intersected 5.16 g/t gold ("Au") over 41.8 m from a depth of 397.3 m , including: 8.56 g/t Au over 18.0 m from 421.3 m (at FDNS) Drillhole BLP-2022-016 intersected 8.27 g/t Au over 39.0 m from a depth of 58 m , including: 277.0 g/t Au over 1.0 m from 70.0 m (at Bonza Sur) Drillhole BLP-2023-022 intersected 46.98 g/t Au over 3.5 m from a depth of 126.6 m , including: 87.58 g/t Au over 1.8 m from 128.3 m (at Bonza Sur) Ron Hochstein , President and CEO, commented, " I am pleased to announce exciting drill results from Lundin Gold's near-mine drilling program. These results demon