InvestorsHub Logo
Followers 37
Posts 11728
Boards Moderated 11
Alias Born 12/15/2009

Re: None

Thursday, 01/19/2012 10:51:20 AM

Thursday, January 19, 2012 10:51:20 AM

Post# of 135
Luna Gold-Aurizona Gold Mine Announces Record Gold Production in Q4and Full Year 2011

Jan 19, 2012 08:31:23 (ET)


VANCOUVER, BRITISH COLUMBIA, Jan 19, 2012 (MARKETWIRE via COMTEX) -- Luna Gold Corp. (lma:LGC) ("Luna" or the "Company") is pleased to announce its gold production update for the Aurizona Gold Mine for the quarter ending December 2011 and for the full year 2011.

Aurizona Gold mine produced a quarterly record in Q4 of 13,620 ounces, completing the year 2011 with a gold production of 41,898 ounces in Luna's first full year of production.

Luna's President & CEO, John Blake, comments, "Luna Gold is pleased with gold production. The company continues to demonstrate consistent productive capacity at Aurizona with Q3 and Q4 achieving Feasibility Study levels of gold production."


Table of Production for 2011
----------------------------------------------------------------------------
Q1 Q2 Q3 Q4 Total 2011
----------------------------------------------------------------------------
Processed ore - tonnes 293,393 210,558 416,822 389,476 1,310,249
----------------------------------------------------------------------------
Average grade processed 1.19 1.27 1.28 1.38 1.29
- g/t
----------------------------------------------------------------------------
Average recovery rate % 83 65 83 79 77
----------------------------------------------------------------------------
Gold produced (ounces) 9,209 5,595 13,473 13,620 41,898
----------------------------------------------------------------------------

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.