Friday 21st October 2016

Resource Clips

Luna reports Brazil Gold Assays including 1.69 g/t over 71m

Resource Clips - essential news on junior gold mining and junior silver miningLuna Gold Corp TSXV:LGC announced results from the Piaba Deposit of its Aurizona Gold Mine in Brazil. Highlights include

1.69 g/t gold over 71 metres
5.43 g/t over 19 metres
(including 11.9 g/t over 2 metres)
4.04 g/t over 23 metres
(including 12.4 g/t over 6 metres)
2.49 g/t over 28 metres
(including 5.93 g/t over 3 metres)
3.54 g/t over 18 metres
(including 6.84 g/t over 2.5 metres)
1.53 g/t over 38 metres
(including 9.78 g/t over 0.5 metres)

President/CEO John Blake remarked, “We are on target to finalize the NI 43-101 resource update in early December. These new drill results, inclusive of high-grade holes located well outside the boundary of our current resource estimate, are of major significance. They further extend the strike length of the Piaba Deposit beyond the limits announced earlier this month and continue to demonstrate Aurizona’s growth potential. The management is very encouraged by the continued positive trend in drill results and we look forward to further development possibilities.”

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by Greg Klein

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