Welcome To The Luna Gold HUB On AGORACOM

Edit this title from the Fast Facts Section

Free
Message: Luna Gold Announces Third Quarter Gold Production of 20,188 Ounces

VANCOUVER, BC--(Marketwired - October 07, 2014) - Luna Gold Corp. (TSX: LGC) (LMA: LGC) (OTCQX: LGCUF), "Luna" or the "Company," announces that its gold production at the Aurizona Gold Mine for the three-month period ended September 30, 2014 (the "Third Quarter 2014") was 20,188 ounces of gold at an average grade processed of 1.30 grams per tonne.

Production Data

Third
Quarter
2014
1
Second
Quarter
2014
First
Quarter
2014
Fourth
Quarter
2013
Third
Quarter
2013
Processed ore (tonnes) 582,040 406,144 486,839 562,501 540,194
Average grade processed (g/t) 1.30 1.14 1.40 1.38 1.32
Average recovery rate 88 % 89 % 89 % 89 % 90 %
Gold produced (ounces)2 20,188 14,262 19,414 22,177 20,997
Gold sales (ounces)3 17,535 13,882 23,002 16,755 19,812

1Production statistics are unaudited and may be subject to change.
2Gold produced represents physical gold output from the processing plant. The variance between gold produced and the theoretical gold recovered is represented as changes in estimated gold work in progress inventory.
3Includes gold deliveries to Sandstorm Gold Ltd.

Luna Gold will provide a more detailed analysis in its Management's Discussion and Analysis and financial results for the Third Quarter 2014, which will be released on November 13, 2014. Details for the conference call reviewing the Company's performance will be announced in October.

About Luna Gold Corp.
Luna is a gold production and exploration company engaged in the operation, discovery, and development of gold projects in Brazil.

On behalf of the Board of Directors

LUNA GOLD CORP.

Geoff Chater - President and CEO

Website: www.lunagold.com

Share
New Message
Please login to post a reply