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Lundin Gold Boosts Gold Reserves in Ecuador
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Lundin Gold Boosts Gold Reserves in Ecuador

Lundin Gold Inc. (TSE:LUG) has released an update.

Lundin Gold Inc. has reported an increase in Mineral Reserves at its Fruta del Norte gold mine in Ecuador, now holding 5.50 million ounces of gold. The company has achieved a significant addition of reserves since 2019, despite mining depletion, thanks to successful conversion drilling and technical updates. President and CEO Ron Hochstein expressed excitement for the potential to further increase resources in the upcoming year.

For further insights into TSE:LUG stock, check out TipRanks’ Stock Analysis page.

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