Lundin Gold Reports Further High Grade Results at FDNS Including 91.3 g/t over 20.65 Metres and Expands the Mineralized Footprint at FDN East

Original announcement by yahoo_press on

Company
Lundin Gold Inc.
Ticker
LUG
Exchange
TSX
Region
Ecuador
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Other
Extracted
2026-09-21 08:12:14 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Lundin Gold has reported high-grade gold drill results at its Fruta del Norte mine in Ecuador, highlighted by an exceptional intercept of 91.3 g/t Au over 20.65 metres. The drilling also confirms the expansion of the mineralized footprint at the FDN East area.

Reasoning: The announcement reports an exceptional gold intercept of 91.3 g/t over 20.65m, which significantly exceeds the 75th percentile for epithermal gold deposits, and confirms expansion of the mineralized footprint.

Positive factors

  • exceptional gold grade
  • significant intercept width
  • mineralization expansion

Facts used in scoring: 1

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 91.3 g/t gold is exceptionally high for an epithermal deposit.

Evidence · text

“91.3 g/t over 20.65 Metres”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The release explicitly states it expands the mineralized footprint at FDN East.

Evidence · text

“Expands the Mineralized Footprint at FDN East”

Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

Drill Results (1)

Fact 1Fruta del Norte South · goldGrade: 91.3Grade Unit: g/tIntercept: 20.65 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Fruta del Norte South
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
91.3
Grade Unit
g/t
Intercept
20.65 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Mining Method
underground

Location

Location
FDNS
Loc. Source
document

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: Intercept of 91.3 g/t over 20.65m is a high-grade, high-width result.

Positive factors

  • exceptional grade

Evidence · text

“91.3 g/t over 20.65 Metres”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.