Luna Gold awarded major landholding in the Aurizona Gold Belt, Brazil



    VANCOUVER, Feb. 25 /CNW/ - Luna Gold Corp. (TSXV-LGC) ("Luna" or the
"Company") is pleased to announce that it has been granted 47,000 ha of
mineral exploration permits at Aurizona by the Brazilian Mines Department
(DNPM). The landholding collectively called Aurizona Regional is situated to
the south and west of the Piaba deposit within the Sao Luis craton. The
project contains several significant historic gold workings ("garimpos") many
of which are located along regional structural lineaments similar to that
which hosts the Piaba gold deposit. Limited historic exploration carried out
by previous operators in the mid-1990's returned the following significant
gold values from rock grab samples collected from the garimpos at Aurizona
Regional:

    
    -   159.91 g/t Au - Iricuri Garimpo

    -   18.77 g/t Au - Areal Garimpo

    -   76.35 g/t Au and 13.76 g/t Au - Limco Garimpo

    -   22.39 g/t Au - Agua Boa Garimpo
    

    (To view the plan map showing the locations of the permits and garimpos
please visit: http://www.lunagold.com/i/maps/AUR_Regional_Targets_220208.pdf)

    These results are historic (pre-NI 43-101) and do not form part of a
representative sampling program.

    Tim Searcy, Luna's CEO, comments "Luna Gold now controls a total of
70,000 ha in the region. All areas are 100% owned by Luna Gold and the
granting of these areas provides the Company with control over a prospective
gold province in an area of excellent infrastructure which has seen minimal
modern-day exploration."
    The Aurizona Regional project is located within the Sao Luis Craton,
southeast of the Guyana shield, which hosts several major gold deposits
including Las Cristinas and Omai. Geologic reconstruction of the continents
places the Sao Luis Craton in close proximity to the Birimian Gold Belt of
West Africa. Strong geologic and structural similarities exist between the
Sao Luis Craton and the Guyana shield and West African Craton. The area is
characterized by low relief and an extensive sedimentary cover sequence with
deep weathering profiles. A total of 22 gold garimpos occur within the project
area. Historic exploration in these areas was limited to soil and rock
sampling, auger drilling and some shallow reconnaissance drill holes.
    Luna's Exploration Manager, Dr. Titus Haggan states "Aurizona Regional
has been consolidated over the past six months via a prioritization process
involving the selection of historic gold geochemical anomalies associated with
garimpeiro workings and major structural lineaments. An exploration program,
in the second half of 2008, is being planned to assess the potential of
Aurizona Regional to host economic gold deposits."

    About Luna Gold Corp

    Luna is a mining exploration company focused on the acquisition,
exploration, and development of gold resources and advanced stage gold
exploration projects in northeastern Brazil.

    On behalf of the Board of Directors

    LUNA GOLD CORP.

    Tim Searcy, P. Geo. - President and CEO

    Website: www.lunagold.com

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this press release.

    Qualified Person

    Titus Haggan Ph.D., EurGeol Certified Professional Geologist No. 746,
Luna's Brazil Exploration Manager is the Qualified Person as defined under
National Instrument 43-101 responsible for the scientific and technical work
on the exploration program and has reviewed the technical disclosure in this
press release.

    Regulatory Footnotes

    This news release does not constitute an offer to sell or a solicitation
of an offer to sell any of the securities in the United States. The securities
have not been and will not be registered under the United States Securities
Act of 1933, as amended or any state securities laws and may not be offered or
sold within the United States or to U.S. persons unless registered under the
United States Securities Act of 1933 and applicable state securities laws or
an exemption from such registration is available.

    Forward-Looking Statements

    Statements in this release that are forward-looking statements are
subject to various risks and uncertainties concerning the specific factors
identified in Luna Gold Corp.'s periodic filings with Canadian Securities
Regulators. Such forward-looking information represents management's best
judgment based on information currently available. No forward-looking
statement can be guaranteed and actual future results may vary materially.
Luna Gold does not assume the obligation to update any forward-looking
statement.





For further information:

For further information: Investor Relations at (604) 689-7317 or toll
free at 1-866-689-7317

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LUNA GOLD CORP.

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