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Lumina Gold Secures Key Contract in Ecuador

Story Highlights
  • Lumina Gold finalizes a crucial Exploitation Contract with Ecuador for its Cangrejos project.
  • The contract ensures economic stability and includes investor protection rights for the project.
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Lumina Gold Secures Key Contract in Ecuador

Lumina Gold (TSE:LUM) has released an update.

Lumina Gold has successfully negotiated an Exploitation Contract with the Ecuadorian government, marking a significant milestone for its Cangrejos project, the largest gold deposit in Ecuador. This agreement aligns with the company’s pre-feasibility study and ensures a stable economic framework, positioning the project for future development. The contract also includes investor protection rights, enhancing the project’s appeal to stakeholders.

For further insights into TSE:LUM stock, check out TipRanks’ Stock Analysis page.

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