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LUNDIN GOLD PROVIDES UPDATE ON REGIONAL EXPLORATION PROGRAM

Newswire.ca - Thu Aug 4, 5:30PM CDT

VANCOUVER, BC, Aug. 4, 2022 /CNW/ - Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) ("Lundin Gold" or the "Company") is pleased to provide an update on the 2022 regional exploration program of the Suarez basin ("the Basin"). Until now, the drilling program has focused on two high priority targets, Barbasco and Puente Princesa. Through a detailed geological interpretation of exploration data and additional surface works, four additional targets of interest have been identified: Barbasco Norte, Capullo, Puma and Quebrada La Negra, and a third rig has now been added to test these new targets of interest. An estimated 16,500 metres is planned to be drilled in this year's regional program, at an estimated cost of US$14 million. PDF Version

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