Monday 21st January 2019

Resource Clips

Luna, Sandstorm report Brazil Gold Assays of 33.63 g/t over 13m

Resource Clips - essential news on junior gold mining and junior silver miningLuna Gold Corp TSXV:LGC and Sandstorm Gold Ltd TSXV:SSL announced results from the Piaba Deposit of Luna’s Aurizona Gold Project in northeastern Brazil. Highlights include

33.63 g/t gold over 13 metres
(including 104.83 over 4 metres)
3.87 g/t over 50 metres
(including 8.47 g/t over 7 metres)
2.46 g/t over 68 metres
(including 6.02 g/t over 11 metres)
2.65 g/t over 31 metres
(including 6.32 g/t over 1 metre)
1.93 g/t over 32 metres
(including 3.18 g/t over 8 metres)
1.75 g/t over 32 metres
(including 3.1 g/t over 12 metres)

Aurizona is 100% owned and operated by Luna. Sandstorm may purchase 17% of Aurizona’s life-of-mine gold at a per-ounce price equal to the lesser of $400 or the prevailing market price.

Luna President/CEO John Blake remarked, “The 40,000-metre drill program is now complete and we are on track to finalize the NI 43-101 resource update in early December 2011. These recent results are excellent in both grade and width, which are significantly above the 1.36 g/t gold average grade of the current NI 43-101 reserve. In addition most of the holes reported here are new discoveries along eastern and western strike extensions to the Piaba Deposit that lie outside the boundary of the 2009 resource update. We are strongly positioned to increase the company’s gold resources through upgrading inferred resources to the measured and indicated categories and by the addition of new ounces at depth and along strike.”

View Company Profile

Luna Gold Corp
Investor Relations

Sandstorm Gold Ltd
Nolan Watson
or Denver Harris
Investor Relations

by Greg Klein

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