Sunday 4th December 2016

Resource Clips



Luna reports Brazil Gold Assays up to 4.89 g/t over 13m, 1.4 g/t over 12m

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

1.94 grams per tonne gold over 26 metres
(including 5.74 g/t over 2 metres)
1.12 g/t over 12 metres
1.4 g/t over 36 metres
(including 7.33 g/t over 1 metre)
2.09 g/t over 12 metres
(including 4.98 g/t over 3 metres)
4.89 g/t over 13 metres
(including 25.1 g/t over 1.5 metres)
1.88 g/t over 16 metres
(including 6.22 g/t over 1 metre)
1.02 g/t over 6 metres
2.13 g/t over 5 metres

President/CEO John Blake commented, “The initial deep-drill program has produced very encouraging results extending the Piaba orebody to depths of over 600 metres vertical depth. The Piaba remains open along a 3.3-kilometre strike and at depth. All holes intersected down-dip extensions to the main deposit. The results from these six widely spaced exploration holes consolidate Piaba as a major mineralizing system. Several holes intersected high-grade mineralization confirming our deposit model, and future programs will focus on vectoring towards higher-grade potential underground targets. The results further demonstrate the major resource expansion potential of Aurizona, which currently contains measured and indicated gold resources totaling 78 million tonnes at 1.26 g/t gold or 3.17 million ounces gold and inferred gold resources totaling 15.2 million tonnes at 1.47 g/t gold or 0.72 million ounces gold.”

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by Kevin Michael Grace


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