Wed Aug 6, 2008
Luna Gold Intercepts 30.00 M Of 3.52 g/t Au And 40.00 M Of 2.01 g/t Au At Aurizona Demonstrating Vertical Continuity Of High-Grade Gold Mineralization
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Vancouver, August 6, 2008 -- Luna Gold Corp. (TSXV-LGC) ("Luna" or the "Company") is pleased to announce new assay results from the Company's ongoing drill program at Piaba, the main gold deposit at its wholly owned gold project, Aurizona. Significant mineralized intercepts are highlighted below.
30.00 meters @ 3.52 g/t Au including 2.00 meters @ 28.29 g/t Au in hole BRAZD-262
7.00 meters @ 3.67 g/t Au in hole BRAZD-263
60.00 meters @ 1.39 g/t Au in hole BRAZD-264
12.00 meters @ 3.25 g/t Au and 40.00 m @ 2.01 g/t Au including 7.00 meters @ 7.06 g/t Au in hole BRAZD-265
Luna's CEO, Tim Searcy, comments "Drilling from the fresh rock zone, in the central portion of Piaba, continues to return grades that are well above average for the deposit. This, obviously, has very positive implications for continued resource growth at Piaba. Furthermore, these deeper intercepts are approximately 50m below the pit floor as modeled in Luna's recently delivered Feasibility Study (see press release dated July 7th) and represent excellent potential to enhance the project economics."
Complete assay results have been received for a further 5 holes totaling 978 meters drilled in the east-central portion of the Piaba deposit (assays for the full length of each hole will be available on the Company's website shortly, and will be updated as new information is released). All drill holes intersected gold mineralization. Significant mineralized intercepts are tabulated below.
