Lumina Gold (TSE:LUM) has released an update.
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Lumina Gold Corp. is on track with their Feasibility Study for the Cangrejos gold-copper project in Ecuador, aiming to increase initial processing plant capacity and optimize the mine plan for earlier production. They are also actively negotiating investment protection agreements with the Ecuadorian government, including a significant commitment to invest over $700 million in the project from 2025 to 2031. Field work for the project is advancing, with geotechnical drilling to support facility siting beginning soon.
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