VANCOUVER, April 19 /CNW/ - Luna Gold Corp. (TSXV-LGC, OTCBB-LGCU)
("Luna" or the "Company") is pleased to announce that it has been granted a
two year extension of its exploration licence at its wholly owned Aurizona
Luna's COO, Jim Bahan, advises "We are currently designing a work program
to expand and improve the quality of the historic resource with the intention
of assessing its economic potential. Upon the successful completion of this
program, Luna will request that the ground containing the updated resource be
added to the Aurizona mining licence."
Luna has 20,131 ha of claims at Aurizona with 10,000 ha held in an
exploration licence and the remainder held in a mining licence. The
exploration claim hosts an historic gold resource, Tatajuba, that is an along
strike extension of the main mineralized zone at Aurizona. Tatajuba represents
about 9% of the historic resource estimate previously described in Luna's
press release dated December 21, 2006.
Luna has also applied for, approximately, another 30,000 ha of
exploration licences that are contiguous with its current claim block and are
located to the immediate south and west of Tatajuba.
About Luna Gold Corp
Luna Gold is a mining exploration company with a focus on gold
development in Brazil and gold exploration in Nevada.
On behalf of the Board of Directors
LUNA GOLD CORP.
Tim Searcy, P. Geo. - President and CEO
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this press release.
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.
All of Luna's exploration programs and pertinent technical disclosures
are prepared by, or under the direct supervision of, Tim Searcy, P.Geo..
Mr. Searcy, the President and CEO of Luna Gold, is Luna's qualified person
under the definition of National Instrument 43-101.
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
For further information:
For further information: Investor Relations at (604) 689-7317 or toll
free at 1-866-689-7317