en.Wedoany.com Reported - On May 5, 2026, Lundin Gold Inc. reported new results from its conversion and near-mine exploration drilling programs at the Fruta del Norte (FDN) gold mine in southeastern Ecuador. At the FDNS deposit, two drill holes returned grade-thickness intercepts ranking among the highest in FDN's history: drill hole FDN-C25-374 intersected 667.78 g/t gold over 7.50 metres, and drill hole FDN-C26-380 intersected 523.01 g/t gold over 8.25 metres. These results highlight FDNS's potential as a source of high-grade mineralization, supporting resource and reserve growth.
Jamie Beck, President and CEO of the Company, stated: "Conversion drilling at FDNS has consistently delivered some of the best results at FDN since its discovery, and these results are no exception, including two of the highest grade-thickness gold intercepts ever recorded at Fruta del Norte. Exceptional systems tend to surprise to the upside, and it is clear that significant additional expansion potential remains." With 17 drill rigs currently operating on site, the Company remains confident in its ability to continue creating value through exploration.
Other drill holes at the FDNS deposit also returned high grades: FDN-C26-389 intersected 17.47 g/t gold over 8.85 metres, and FDN-C26-379 intersected 16.13 g/t gold over 7.00 metres. In exploration drilling, FDNS hole UGE-S-26-472 intersected 22.97 g/t gold over 5.00 metres, FDN East hole UGE–E-26-429 intersected 169.93 g/t gold over 4.20 metres, and FDN hole UGE-26-479 intersected 10.55 g/t gold over 23.55 metres.
In 2026, Lundin Gold plans to execute the largest exploration program in its history, totaling approximately 133,000 metres of drilling, aimed at converting resources, discovering new mineralized zones, and identifying gold and copper-gold resource potential. At FDNS, drilling has confirmed mineralization continuity and expanded the resource envelope; at FDN East, the vein system extends northward, increasing the strike length of the deposit; at FDN, near-mine drilling has intercepted up-dip extensions of mineralization near existing infrastructure.
Analysis of drill samples was completed by ALS Laboratories, and the Company strictly adheres to quality assurance procedures. Lundin Gold is headquartered in Vancouver, Canada, and is committed to responsibly operating the Fruta del Norte gold mine while continuing to create value for shareholders through exploration.
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