VANCOUVER, BC, July 6, 2023
/CNW/ - Lumina Gold Corp. (TSXV: LUM) (OTCQB:
LMGDF) (the "Company" or "Lumina") is pleased to announce that
it has hired Ron Halas, P.Eng. as
Chief Operating Officer. Mr. Halas has over 30 years of
diverse experience including open pit and underground mining in
both base and precious metals. He has worked with major mining
companies including Kinross,
IAMGOLD, Vale, PT Freeport Indonesia, Placer Dome, and Cominco. His
extensive experience in mine feasibility, development, and
operations has been gained in Canada, Niger, Indonesia, New
Caledonia, Suriname, Brazil, and Mauritania. Mr. Halas has a Bachelor of
Engineering degree from McGill
University and a Graduate Diploma in Business Administration
from Simon Fraser University.
Marshall Koval, CEO &
President commented: "Ron's specific experience delivering
late-stage studies for projects at Global Atomic Corporation,
Spanish Mountain Gold and IAMGOLD is extremely well suited for
taking Cangrejos towards a Feasibility Study. His operating
experience at Tasiast and Goro
Nickel will also be invaluable as the project moves towards
construction."
Ron Halas commented: "I am
excited to be part of the Lumina team and am looking forward to
advancing the Cangrejos project. Cangrejos has the advantages of
proximity to a port, highway, and electric power and is a world
class deposit with its production scale and mine life. I believe it
has the right mix of attributes to be a successful mining
operation."
In conjunction with his appointment, Lumina has granted Mr.
Halas 350,000 options pursuant to its stock option plan. Each
option has an exercise price of $0.52, will expire on July
6, 2028, and vests in 1/3 tranches annually, with 1/3
vesting on the date of grant.
About Lumina Gold
Lumina Gold Corp. (TSXV: LUM) is a Vancouver, Canada based precious and base
metals exploration and development company focused on the Cangrejos
Gold-Copper Project located in El Oro Province, southwest
Ecuador. In 2023, the Company
completed a Pre-Feasibility Study for Cangrejos, which is the
largest primary gold deposit in Ecuador. Lumina has an experienced management
team with a successful track record of advancing and monetizing
exploration projects.
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LUMINA GOLD CORP.
Signed: "Marshall Koval"
Marshall Koval, President
& CEO, Director
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
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SOURCE Lumina Gold Corp.