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LUNDIN GOLD EXPANDS ITS 2023 NEAR-MINE EXPLORATION PROGRAM
LUNDIN GOLD EXPANDS ITS 2023 NEAR-MINE EXPLORATION PROGRAM Canada NewsWire ...
About this update from Lundin Gold Inc.
[{"type":"text","content":"\n \n \n \n LUNDIN GOLD EXPANDS ITS 2023 NEAR-MINE EXPLORATION PROGRAM\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 Sept. 7, 2023\n \n \n /CNW/ -\n \n Lundin Gold Inc.\n \n (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF)\n \n (\"Lundin Gold\" or the \"Company\")\n \n is pleased to announce that for the second time this year the Company is expanding its 2023 near-mine exploration program at its Fruta del Norte (\"FDN\") operation in southeast\n \n Ecuador\n \n . The Company plans to increase the 2023 near-mine drilling program by 7,500 metres to a minimum of 30,000 metres to accelerate delineation of new targets and continue to explore other sectors along FDN's major structures. The 2023 near-mine program was originally planned for 15,500 metres and increased to 23,000 meters in May. The regional exploration program continues unchanged.\n \n View PDF version\n \n .\n \n \n As a result of improved productivities in the field, the expanded program is expected to be completed within the revised near-mine exploration budget of\n \n $12.9 million\n \n announced earlier this year. Six rigs (one underground and five on surface) are currently operating on the near-mine program. Three additional rigs are also turning on the Company's other programs, including one underground on the conversion program and two surface rigs on the regional program.\n \n \n \n Ron Hochstein\n \n , President and CEO, commented, \"\n \n I am pleased to announce further expansion of our near-mine exploration program. Results from the near-mine program have improved our understanding of many targets within this highly prospective district, leading to the current program now being almost double what was originally planned for 2023. A minimum of 50,000 metres of drilling is planned across the conversion, near-mine and regional programs in 2023. This represents the largest drill program in the district since 2007.\"\n \n \n \n \n Qualified Persons\n \n \n \n The technical information contained in th...