Business
Lundin Gold Expands Trancaloma Mineralization and Discovers New Copper-Gold Porphyry System at Sandia
VANCOUVER, BC, Aug. 5, 2025 /CNW/ - Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) ("Lundin Gold" or the "Company") is pleased to announce
About this update from Lundin Gold Inc.
[{"type":"text","content":" VANCOUVER, BC, Aug. 5, 2025 /CNW/ - Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) (\"Lundin Gold\" or the \"Company\") is pleased to announce positive results from its near-mine exploration drilling programs at its 100% owned Fruta del Norte (\"FDN\") gold mine in southeast Ecuador. Recent drilling at Trancaloma has confirmed the continuity and expanded the at surface copper-gold porphyry system. Additionally, drilling at Sandia, approximately four kilometres (\"km\") to the north of Trancaloma, has uncovered a new copper-gold porphyry system with mineralization beginning at surface, establishing a highly prospective exploration corridor adjacent to FDN. Highlights from the Trancaloma and Sandia drilling programs are outlined below, with detailed results provided in Appendix 1. Ron Hochstein, President and CEO, commented, \"We are very pleased to report these additional exciting drill results from our 2025 program, which continue to demonstrate the significant untapped exploration potential around FDN. Follow-up drilling at Trancaloma has successfully confirmed the continuity of the at surface copper-gold mineralization and indicates further expansion potential. The discovery of a new copper-gold porphyry system at Sandia, which also hosts mineralization at surface, further defines an emerging and highly prospective porphyry corridor currently delineated as 5 km long and adjacent to FDN.\" Trancaloma Drilling Highlights (not true widths): Drill hole TRL-2025-290 intersected 667.1m of 0.44% CuEq (0.32% Cu, 0.12 g/t Au, 2.61 g/t Ag, and 17.21 ppm Mo) from 367.5 m, including: 226.0m of 0.58% CuEq (0.41% Cu, 0.16 g/t Au, 5.09 g/t Ag, and 14.03 ppm Mo) Drill hole TRL-2025-272 intersected 876.7m of 0.34% CuEq (0.27% Cu, 0.07 g/t Au, 1.07 g/t Ag, and 22.7 ppm Mo) from 0.00 m, including: 272.7m of 0.50% CuEq (0.40% Cu, 0.12 g/t Au, 1.47 g/t Ag, and 11.29 ppm Mo) Results confirm the lateral and vertical continuity of the Trancaloma system, extended the main mineralized zone, and provided areas for further expansion. Sandia Drilling Highlights (not true widths): Drill hole SND-2025-298 intersected 730.9m of 0.35% CuEq (0.28% Cu, 0.06 g/t Au, 1.39 g/t Ag, and 27.79 ppm Mo) from 0.0 m, including: 35.7m of 0.57% CuEq (0.49% Cu, 0.05 g/t Au, 2.28 g/t Ag, and 42.45 ppm Mo) 153.0m of 0.43% CuEq (0.3...