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Lundin Gold Expands High-Grade Footprint at Fruta del Norte With Record Drilling Campaign

Story Highlights
  • Lundin Gold’s new high-grade drill results at Fruta del Norte South and FDN East expand the mineralized footprint and support additional reserves.
  • An enlarged 2026 drilling campaign with 17 rigs underscores Fruta del Norte’s growth potential and prospects for longer mine life and higher value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lundin Gold Expands High-Grade Footprint at Fruta del Norte With Record Drilling Campaign

Meet Samuel – Your Personal Investing Prophet

Lundin Gold ( (TSE:LUG) ) just unveiled an announcement.

Lundin Gold reported further high-grade drilling results from its Fruta del Norte South and FDN East programs in Ecuador, including intercepts such as 91.32 grams per tonne of gold over 20.65 metres, which confirm and expand the mineralized footprint. The company has enlarged the known FDN East trend from 500 to 650 metres and continues to identify new mineralized veins north and south of existing resources, supporting the potential for additional mineral reserves and extended mine life.

The miner completed over 121,000 metres of drilling in 2025 and plans at least 133,000 metres in 2026 with 17 rigs, marking its largest campaign on the Fruta del Norte land package. These results and the expanded drilling program reinforce Fruta del Norte’s status as a large, high-grade gold system and point to a robust growth pipeline, with implications for future production, reserve upgrades, and long-term value creation for stakeholders.

More about Lundin Gold

Lundin Gold Inc. is a Canada-based precious metals producer focused on the Fruta del Norte underground gold mine in southeast Ecuador. The company operates in the gold mining industry, targeting high-grade epithermal gold deposits and pursuing near-mine exploration to extend mine life and expand mineral reserves around its flagship asset.

Find detailed analytics on LUG stock on TipRanks’ Stock Analysis page.

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