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, and are focused on achieving a minimum production of 60,000 ounces of gold per year at the Aurizona Gold mine. Increasing production to 100,000 ounces per year is planned on the completion of a scoping study in Q2 2012. The Cachoeira project is a growth pipeline project with an NI 43-101 resource estimate. Additionally, the Company is actively exploring for new gold resources at its wholly owned Maranhão Greenfields area.

Luna Gold Corp recently completed a 44,000 metre drill program in December 2011 which 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 .72 million ounces gold, an increase of 79% from the January 2009 mineral resource estimate.

Total gold resources at Cachoeira are currently estimated at 446,000 ounces measured and indicated and 221,300 ounces inferred.