Lundin Gold’s Fruta del Norte mine in southeastern Ecuador. Credit: Lundin Gold
The latest conversion drilling at Lundin Gold’s (TSX: LUG) Fruta del Norte mine in Ecuador has returned results as high as 9 metres grading nearly 140 grams gold per tonne. Shares rose.
That result, from 62.2 metres depth in hole FDN-C25-238 at Fruta del Norte South (FDNS), also cut 11.5 metres at 28.62 grams gold and 9.45 metres grading 9.77 grams gold; while hole FDN-C25-245 returned 9.8 metres at 43.77 grams gold from 102.7 metres depth, Lundin reported Thursday. FDN is about 400 km southeast of the capital, Quito.
“Conversion drilling on FDNS continues to yield some of the highest-grade results to date alongside the discovery of a new mineralized vein that lies outside the existing inferred resource,” Lundin Gold President and CEO Ron Hochstein said in a release.
“Recent drill results at FDN East continue to…
