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Last Post: 9/11/2016 7:28:47 PM - Followers: 7 - Board type: Free - Posts Today: 0

  

Luna Gold Corp Website


                                                                                 

 


Luna Gold Corp. is in the business of acquiring, exploring, operating and developing gold resource properties in Brazil. Luna's proven management team has extensive experience in all facets of the mining industry, and are focused on achieving optimized production of 60,000 oz Au per year at Aurizona, increasing the resource base, expanding on the maiden NI 43-101 resource estimate at Cachoeira and developing Cachoeira as an organic growth pipeline project.

Total gold resources at Aurizona are currently estimated at 904,300 oz M&I, and 400,000 oz Inferred. Luna has commenced a 20,000m drill program to increase the size of the Aurizona resource base and define new oxide gold deposits within trucking distance of the Aurizona plant. Total gold resources at Cachoeira are currently estimated at 446,000 oz M&I, and 221,300 oz Inferred. Additionally, the Company is actively exploring for new deposits in the Maranhão Greenfields area.


Overview

The Aurizona gold project is located in northeast Brazil between the cities of São Luis and Belém. The main orebody, Piaba, is a 2.9 km long orogenic gold deposit hosted in the Proterozoic Aurizona greenstone belt. The geologic setting of the project area, the São Luis Craton, is an eastern extension of the Guiana Shield which contains several major Proterozoic gold deposits (e.g. Las Cristinas, Omai, Rosebel) extending from Venezuela to Brazil (Figs 1 and 2).

The Aurizona project totals approximately 190,000 ha and is divided into two main areas:
  1. Aurizona Main - This area contains the Piaba and Tatajuba deposits and over 10 satellite targets, which collectively form a gold camp. It covers an area of approximately 20,000 ha and is limited by the outer limits of the Company's fully permitted mining license and the Tatajuba exploration permit (Figs. 3, 4a & 4b).
  2. Maranhão Greenfields. The Maranhão Greenfields project consists of all Company exploration permits located outside of the Aurizona Main area and covers an area of 170,000 ha. There are over 100 hard rock (primary) gold garimpos located within the Maranhão Greenfields permits (Fig. 3).


 

Overview

Cachoeira is an advanced gold exploration project located in northeast Brazil between the cities of São Luis and Belém. It consists of tens of mineralized zones, which include isolated quartz vein systems, hydrothermally altered host rocks, and stockworks within the N-S trending Cachoeira Shear Zone (CSZ). Drilling to date has intersected high-grade mineralized structures and wider zones of lower-grade gold mineralization. Like Aurizona it an orogenic gold deposit hosted by intrusives and volcanics, albeit it is structurally more complex. The geologic setting of the project area, the Gurupi Greenstone Belt, is an eastern extension of the Guiana Shield which contains several major Proterozoic gold deposits (e.g. Las Cristinas, Omai, Rosebel) extending from Venezuela to Brazil (Figs 1 & 2).
The Cachoeira project consists of three mining licenses and one exploration permit totaling approximately 3,700 ha and is divided into two main target areas:
  1. Tucano - Tucano is located south of Cachoeira village (Fig. 3) and is the highest priority target at Cachoeira. It consists of a series of multiple stacked gold mineralized zones extending over a strike length of 400m hosted in a volcanic sequence. It is currently the site of a small garimpo (artisanal mine) operation.
  2. Cachoeira North - The Cachoeira North area consists of Luna's mining permits located north of the federal highway BR-316 (Fig. 3). Two sub-parallel N-S trending mineralized trends host numerous gold targets including Coruja and Arara, drilled by Luna in 2008, and which returned high gold grades. There are over 20 hard rock (primary) gold garimpos located in the Cachoeira North area.

 

Maranhão Greenfields

The Maranhão Greenfields project consists of all Company exploration permits located outside of the Aurizona Main area and covers an area of 170,000 ha (Fig. 3). There are over 100 hard rock (primary) gold garimpos located within the Maranhão Greenfields permits (Fig. 3). Luna has inherited a large database covering Maranhão Greenfields from the project vendors which includes airborne geophysical surveys, soil, auger and drill data. These data are being reviewed and targets prioritized. Luna initiated a reconnaissance program of mapping and rock chip sampling in 2008 which returned gold values of up to 9.71 g/t Au in rock grab samples (these samples were neither part of, nor alone do they constitute, a statistically representative sampling program). The Company has also commissioned a high resolution satellite image (Geoeye-01) covering the entire project area.

 

Latest company releases
November 25, 2010  Luna Gold Announces Proposed Warrant Incentive Program
November 16, 2010  Luna Gold Significantly Increases Land Position at Aurizona after Identifying Multiple Geophysical Anomalies
November 09, 2010  Luna Gold Reports Operational And Financial Results For The Three And Nine Months Ended September 30, 2010
10/27/2010 Reports High-Grade Gold Intersections From Auger Drilling And Channel Sampling At Cachoeira
9/27/2010 Announces Appointment of New President & CEO
9/7/2010 Clarifies Press Release on Its Updated NI 43-101 Technical Report for Aurizona
9/3/2010 Releases Updated NI 43-101 Technical Report for Aurizona Gold Project
9/2/2010 Defines 10 Exploration Targets at Aurizona Main
8/31/2010 Reports Operational And Financial Results For The Three And Six Months Ended June 30, 2010
6/15/2010 closes non-brokered private placement
6/9/2010 Increases Financing To $33,130,000
5/21/2010 Announces Full Process Commissioning And Commencement Of Gold Production At Its Aurizona Gold Projec
5/14/2010 And Centerra Gold Inc. Under Continued Evaluation
3/22/2010 Renegotiates Earn-In Terms For The Cachoeira Project And Commences Work On A NI 43-101 Compliant Res
3/1/2010 Start Of Commissioning Of The Gravity Gold Circuit At Its Aurizona Gold Project







 

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LGCUF News: Small Company Offering and Sale of Securities Without Registration (d) 09/12/2016 03:23:18 PM
PostSubject
#126   LGCUF bullish 0.2248 stocktrademan 09/11/16 07:28:47 PM
#125   LGCUF has moved some off the bottom now. MC2 Atlantis 08/22/16 10:39:24 PM
#124   Anything beats going down. Uzzyham 11/13/14 12:39:53 PM
#123   Glad to see Luna rebound off recent lows. JohnCM 11/13/14 01:27:08 AM
#122   The recent "announcement" by the company proved to Uzzyham 10/16/14 04:00:11 PM
#121  Restored Follow @LunaGoldCorp on Twitter for the latest and Luna Gold 08/11/14 07:03:54 PM
#120   LUNA GOLD ANNOUNCES CLOSING OF STRATEGIC INVESTMENT BY Luna Gold 08/11/14 05:27:19 PM
#119   Sandstorm Gold announces strategic investment in Luna Gold flemsnopes 08/08/14 10:02:29 AM
#118   HELLO Hello hello..... beninsac 05/15/14 03:25:17 PM
#117   $$$$$$$$ LGCUF $$$$$$$$ beninsac 01/21/14 12:53:28 AM
#116   We need some more interest here! Solid play IMO... beninsac 01/16/14 03:26:01 PM
#115   We need some more interest here! Solid play IMO... beninsac 01/16/14 03:25:23 PM
#113   any predictions on where Luna will trade at beninsac 11/07/13 12:46:52 PM
#112   Sandstorm Gold Announces US$10 Million Loan to Luna Gold investor15 09/28/13 04:04:52 PM
#111   Luna Sets An Example For Other Gold Miners investor15 09/28/13 04:00:18 PM
#110   2 Brazilian Gold Miners With Enormous Upside investor15 09/28/13 03:56:51 PM
#109   Volume precedes price. No Volume b4atf 06/10/13 02:01:41 PM
#108   I am an idiot please disregard post 104 b4atf 04/11/13 12:36:07 PM
#107   $LGCUF - $LGC.V - Luna Gold Increases Proven Tommy 04/09/13 05:52:34 AM
#106   $LGCUF - $LGC.V - LUNA GOLD INCREASES MEASURED Tommy 03/14/13 08:18:17 AM
#105   I talked with Etrade and a company merger b4atf 02/25/13 10:47:05 PM
#104   This is troubling. My Luna shares turned into b4atf 02/25/13 10:35:01 AM
#103   LUNA GOLD ANNOUNCES RECORD PRODUCTION OF OVER 74,000 b4atf 01/09/13 12:43:14 PM
#102   Commissioning of a new carbon reactivation kiln, intense b4atf 12/22/12 12:31:10 PM
#101   Luna Gold Announces Record Quarterly Gold Production of b4atf 10/11/12 09:26:27 AM
#100   Geeze! Two people following Luna? b4atf 10/04/12 04:57:04 PM
#99   Luna Gold Corp. Announces Positive Drill Results for b4atf 09/26/12 09:26:12 AM
#98   Luna is one of rare examples of a b4atf 09/21/12 10:39:17 AM
#97   Luna Gold Conditionally Approved to Graduate to the b4atf 09/20/12 09:32:02 AM
#96   $3.40s printed. Lots of juniors moving up. b4atf 09/18/12 11:33:27 AM
#95   Thanks b4atf, Like the relationship they have with moxy7 09/17/12 11:46:42 AM
#94   Welcome to the board moxy. Luna gets little b4atf 09/17/12 08:31:19 AM
#93   Looking good here..sleeper moxy7 09/17/12 02:21:57 AM
#92   Luna just keeps powering away with no fanfare. b4atf 08/27/12 03:28:59 PM
#91   I see a one dollar spread between the b4atf 07/02/12 02:18:41 PM
#90   Little respect here? b4atf 07/01/12 06:02:09 PM
#89   Bought some last month. Thank you. bigone 05/02/12 07:23:13 AM
#88   If you have the balls for a junior b4atf 05/02/12 12:30:18 AM
#87   The quiet company that keeps getting better and better. bigone 05/01/12 10:55:46 PM
#86   Luna Gold Announces Record Quarter Gold Production of b4atf 04/05/12 09:29:56 AM
#85   Luna Gold Announces Trading On OTCQX b4atf 03/28/12 04:47:42 PM
#84   Luna Gold Identifies Ceara and Arete Gold Targets b4atf 03/15/12 04:08:33 PM
#82   Something happening? No bid/ask for Luna today. No b4atf 02/08/12 10:28:45 AM
#81   Treasure Islands canucklehead80 02/03/12 06:55:45 PM
#80   Luna is holding a special meeting on Feb b4atf 01/24/12 10:27:37 AM
#79   Luna Gold-Aurizona Gold Mine Announces Record Gold Production b4atf 01/19/12 10:51:20 AM
#78   Luna Gold Announces Proposed Share Consolidation b4atf 12/22/11 01:41:40 PM
#77   Luna Gold Drills 23.00 Metres @ 4.04 g/t b4atf 11/29/11 04:54:01 PM
#76   Been in Luna for years canuck. We are b4atf 11/15/11 04:28:12 PM
#75   To The Moon—Or 300K Oz Annually canucklehead80 11/15/11 04:04:09 PM
PostSubject