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LUNDIN GOLD ANNOUNCES THE COMPLETION OF THE SOUTH VENTILATION RAISE AT ITS FRUTA DEL NORTE GOLD MINE

LUNDIN GOLD ANNOUNCES THE COMPLETION OF THE SOUTH VENTILATION RAISE AT ITS FRUTA DEL NORT...

articleLundin Gold Inc.October 24, 20223/company/lundin-gold-inc/news/lundin-gold-announces-the-completion-of-the-south-ventilation-raise-at-its-fruta-del-norte-gold-mine
LUNDIN GOLD ANNOUNCES THE COMPLETION OF THE SOUTH VENTILATION RAISE AT ITS FRUTA DEL NORTE GOLD MINE

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[{"type":"text","content":"\n \n \n \n LUNDIN GOLD ANNOUNCES THE COMPLETION OF THE SOUTH VENTILATION RAISE AT ITS FRUTA DEL NORTE GOLD MINE\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n \n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Oct. 24, 2022\n \n \n /CNW/ -\n \n Lundin Gold Inc.\n \n (TSX: LUG) (Nasdaq Stockholm: LUG)\n \n (\"Lundin Gold\" or the \"Company\")\n \n is pleased to announce that the South Ventilation Raise (\"SVR\") at its Fruta del Norte gold mine in southeast\n \n Ecuador\n \n is now complete and operational.\n \n View PDF\n \n .\n \n \n The SVR has been under construction over the past three years, during which time the project encountered delays due to COVID and various technical challenges. In mid-2021,\n \n Lundin Gold\n \n revised the work plan from a traditional 5.1 metre raise bore to a 2.1 metre diameter pilot raise followed by top-down slashing to 5.1 metres and concrete lining. The slash and line was completed in early-October and commissioning of the fans was achieved over the past couple of weeks. As a result of the completion of the SVR, ventilation in the mine will increase from\n \n 180 m\n \n \n 3\n \n /s to\n \n 350 m\n \n \n 3\n \n /s resulting in improved efficiencies and enabling mining activities on all levels.\n \n \n \n Ron Hochstein\n \n , President and CEO, commented: \"\n \n I am very happy to finally announce that the SVR is complete and operational. The SVR project has had its challenges, but the team has worked tirelessly to ensure that the delays did not impact operations. With the SVR now complete and commissioned, the entirety of the Fruta del Norte deposit can be accessed and mined, and haul truck cycle times can be improved.\"\n \n \n \n \n About\n \n Lundin Gold\n \n \n \n \n \n Lundin Gold\n \n , headquartered in\n \n Vancouver, Canada\n \n , owns the Fruta del Norte gold mine in southeast\n \n Ecuador\n \n . Fruta del Norte is among the highest-grade operating gold mines in the world.\n \n \n The Company's board and management team have extensive expertise in mine operations and are ded...

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