Lumina Gold has reported the results of the preliminary economic assessment (PEA) of its 100% owned Cangrejos gold-copper project in southwest Ecuador, just 40 kilometers (km) from the commercial port of Puerto Bolivar. The PEA estimates that the project can produce an average of 373,000 ounces per year (oz/y) of gold and 43 million pounds per year (lb/y) of copper over a mine life of 16 years.
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