Luna Gold Corps aims to maximize shareholder return while ensuring safe, healthy, and secure workplaces, minimizing environmental impact, and both engaging and assisting in community development.
Luna Gold Corp. is in the business of exploring, operating, and developing gold resource properties in Brazil. Luna Gold's proven management team has extensive experience in all facets of the mining industry. Luna anticipates that its Aurizona Gold Mine will produce between 68,000 and 70,000 ounces of gold during 2012. Following Aurizona's Phase I Expansion, annual production is targeted to increase to 100,000 ounces in 2013 and 125,000 ounces in 2015. Additionally, the Company is actively exploring for new gold resources at its wholly owned Luna Greenfields area.
In December 2011, Luna Gold Corp. completed a 44,000 metre drill program that significantly increased the size of the Aurizona gold resource estimate. Measured and indicated gold resources now total 78.0 million tonnes at 1.26 grams per tonne gold or 3.17 million ounces of gold, an increase of 250% from the previous mineral resource estimate published in January 2009. Inferred gold resources now total 15.2 million tonnes at 1.47 grams per tonne gold or 0.72 million ounces gold, an increase of 79% from the January 2009 mineral resource estimate.
