Lundin Gold Inc. (TSE:LUG) has released an update.
Lundin Gold Inc. announced a productive start to 2024, with the Q1 production of 111,572 ounces of gold from its Fruta del Norte mine in Ecuador. The company experienced a slight decrease from the previous year’s Q1 production but remains on track with the ongoing Phase 2 Plant Expansion Project for enhanced output later in the year. Lundin Gold is optimistic about meeting its annual production guidance of 450,000 to 500,000 ounces, banking on improved grades and recoveries in future quarters.
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