The latest update is out from Lundin Gold ( (TSE:LUG) ).
Lundin Gold Inc. has reported significant drilling results at its Fruta del Norte gold mine in Ecuador, with high-grade gold discoveries at the FDN South deposit and promising early-stage results at both FDN East and the newly explored Trancaloma target. These findings suggest potential for resource expansion at FDN South, continuity of mineralization at FDN East, and new copper-gold mineralization at Trancaloma, highlighting the company’s continued exploration success and future growth potential.
More about Lundin Gold
Lundin Gold Inc. is a mining company primarily focused on the extraction and exploration of gold. The company operates the Fruta del Norte gold mine located in southeast Ecuador, which is central to its operations.
YTD Price Performance: 26.23%
Average Trading Volume: 25,710
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.7B
Learn more about LUG stock on TipRanks’ Stock Analysis page.