Lundin Gold Inc (TSX:LUG)


Lundin Gold Inc is a mining and exploration company focused on precious metals, mainly yellow metal.

The Vancouver-based company owns and operates the Fruta del Norte mine, a gold-silver underground deposit in Southeast Ecuador.

The Fruta del Norte project consists of 29 mining concessions spanning a total area of more than 64,000 hectares.

The Canadian mining company owns a 100 per cent stake in the Ecuador-based deposit.

The company's exploration activities majorly consist of epithermal gold-silver deposits lying in Suarez Basin, covering approximately 38 kilometers square area.

The gold-focused miner claims that the pull-apart basin is highly prospective and likely to contain additional epithermal ore deposits.

The company says the following ore deposits within the basin have been delineated so far:
• FDN East
• Alejandro
• El Copal
• FDN Southwest
• El Puma
• Puente-Princesa
• Guayacan
• Lora
• Barbasco
• La Negra

In addition, the Gata Salvaje and Emperador targets are epithermal gold-silver opportunities identified outside the basin.

Emperador comprises three additional targets such as Chanchito, Robles and El Arco.

The company's headquarters are located in Vancouver, British Columbia.

Lundin Gold Inc manages its business in Ecuador through a regional office located in Quito, Pichincha.

It is a publicly listed company whose stocks trade on the Toronto Stock Exchange (TSX) under the ticker quote 'LUG'. The gold mining company is also listed on the NASDAQ Stockholm under the same ticker.

The company owns 25 mining concessions in exploration stage projects through its wholly-owned subsidiaries: Surnorte S.A. and Aurelianmenor S.A.

The gold-focused business is a member of the UNGC or United Nations Global Compact and claims to proactively operate in accordance with Sustainable Development Goals.

Amid the novel coronavirus pandemic, Lundin Gold initiated a PRO2020 program to reportedly contain the virus spread and ensure the health and safety at its mineral exploration and development operations at the FDN project site.

Contact Information

company address Suite 2000 885 West Georgia Street Vancouver, B.C. V6C 3E8

company phone(604) 689-7842

company email[email protected]

company website

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