Accessibility Statement Skip Navigation
  • Resources
  • Investor Relations
  • Journalists
  • Webcasts
  • Français
  • my CNW 
    • Login
    • Register
  • Client Login
  • Sign Up
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
Search
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.

News Releases

view all
    Advanced Search
    • News in Focus
        • Browse News Releases

        • All News Releases
        • All Public Company
        • News Releases Overview

        • Multimedia Gallery

        • All Multimedia
        • All Photos
        • All Videos
        • Multimedia Gallery Overview

        • Trending Topics

        • All Trending Topics
    • Business
        • Auto & Transportation

        • Aerospace, Defense
        • Air Freight
        • Airlines & Aviation
        • Automotive
        • Maritime & Shipbuilding
        • Railroads and Intermodal Transportation
        • Supply Chain/Logistics
        • Transportation, Trucking & Railroad
        • Travel
        • Trucking and Road Transportation
        • Auto & Transportation Overview

        • View All Auto & Transportation

        • Business Technology

        • Blockchain
        • Broadcast Tech
        • Computer & Electronics
        • Computer Hardware
        • Computer Software
        • Data Analytics
        • Electronic Commerce
        • Electronic Components
        • Electronic Design Automation
        • Financial Technology
        • High Tech Security
        • Internet Technology
        • Nanotechnology
        • Networks
        • Peripherals
        • Semiconductors
        • Business Technology Overview

        • View All Business Technology

        • Entertain­ment & Media

        • Advertising
        • Art
        • Books
        • Entertainment
        • Film and Motion Picture
        • Magazines
        • Music
        • Publishing & Information Services
        • Radio & Podcast
        • Television
        • Entertainment & Media Overview

        • View All Entertain­ment & Media

        • Financial Services & Investing

        • Accounting News & Issues
        • Acquisitions, Mergers and Takeovers
        • Banking & Financial Services
        • Bankruptcy
        • Bond & Stock Ratings
        • Conference Call Announcements
        • Contracts
        • Cryptocurrency
        • Dividends
        • Earnings
        • Earnings Forecasts & Projections
        • Financing Agreements
        • Insurance
        • Investments Opinions
        • Joint Ventures
        • Mutual Funds
        • Private Placement
        • Real Estate
        • Restructuring & Recapitalization
        • Sales Reports
        • Shareholder Activism
        • Shareholder Meetings
        • Stock Offering
        • Stock Split
        • Venture Capital
        • Financial Services & Investing Overview

        • View All Financial Services & Investing

        • General Business

        • Awards
        • Commercial Real Estate
        • Corporate Expansion
        • Earnings
        • Environmental, Social and Governance (ESG)
        • Human Resource & Workforce Management
        • Licensing
        • New Products & Services
        • Obituaries
        • Outsourcing Businesses
        • Personnel Announcements
        • Real Estate Transactions
        • Residential Real Estate
        • Small Business Services
        • Socially Responsible Investing
        • Surveys, Polls and Research
        • Trade Show News
        • General Business Overview

        • View All General Business

    • Science & Tech
        • Consumer Technology

        • Artificial Intelligence
        • Blockchain
        • Cloud Computing/Internet of Things
        • Computer Electronics
        • Computer Hardware
        • Computer Software
        • Consumer Electronics
        • Cryptocurrency
        • Data Analytics
        • Electronic Commerce
        • Electronic Gaming
        • Financial Technology
        • Mobile Entertainment
        • Multimedia & Internet
        • Peripherals
        • Social Media
        • STEM (Science, Tech, Engineering, Math)
        • Supply Chain/Logistics
        • Wireless Communications
        • Consumer Technology Overview

        • View All Consumer Technology

        • Energy & Natural Resources

        • Alternative Energies
        • Chemical
        • Electrical Utilities
        • Gas
        • General Manufacturing
        • Mining
        • Mining & Metals
        • Oil & Energy
        • Oil and Gas Discoveries
        • Utilities
        • Water Utilities
        • Energy & Natural Resources Overview

        • View All Energy & Natural Resources

        • Environ­ment

        • Conservation & Recycling
        • Environmental Issues
        • Environmental Policy
        • Environmental Products & Services
        • Green Technology
        • Natural Disasters
        • Environment Overview

        • View All Environ­ment

        • Heavy Industry & Manufacturing

        • Aerospace & Defense
        • Agriculture
        • Chemical
        • Construction & Building
        • General Manufacturing
        • HVAC (Heating, Ventilation and Air-Conditioning)
        • Machinery
        • Machine Tools, Metalworking and Metallurgy
        • Mining
        • Mining & Metals
        • Paper, Forest Products & Containers
        • Precious Metals
        • Textiles
        • Tobacco
        • Heavy Industry & Manufacturing Overview

        • View All Heavy Industry & Manufacturing

        • Telecomm­unications

        • Carriers and Services
        • Mobile Entertainment
        • Networks
        • Peripherals
        • Telecommunications Equipment
        • Telecommunications Industry
        • VoIP (Voice over Internet Protocol)
        • Wireless Communications
        • Telecommunications Overview

        • View All Telecomm­unications

    • Lifestyle & Health
        • Consumer Products & Retail

        • Animals & Pets
        • Beers, Wines and Spirits
        • Beverages
        • Bridal Services
        • Cannabis
        • Cosmetics and Personal Care
        • Fashion
        • Food & Beverages
        • Furniture and Furnishings
        • Home Improvement
        • Household, Consumer & Cosmetics
        • Household Products
        • Jewelry
        • Non-Alcoholic Beverages
        • Office Products
        • Organic Food
        • Product Recalls
        • Restaurants
        • Retail
        • Supermarkets
        • Toys
        • Consumer Products & Retail Overview

        • View All Consumer Products & Retail

        • Entertain­ment & Media

        • Advertising
        • Art
        • Books
        • Entertainment
        • Film and Motion Picture
        • Magazines
        • Music
        • Publishing & Information Services
        • Radio & Podcast
        • Television
        • Entertainment & Media Overview

        • View All Entertain­ment & Media

        • Health

        • Biometrics
        • Biotechnology
        • Clinical Trials & Medical Discoveries
        • Dentistry
        • FDA Approval
        • Fitness/Wellness
        • Health Care & Hospitals
        • Health Insurance
        • Infection Control
        • International Medical Approval
        • Medical Equipment
        • Medical Pharmaceuticals
        • Mental Health
        • Pharmaceuticals
        • Supplementary Medicine
        • Health Overview

        • View All Health

        • Sports

        • General Sports
        • Outdoors, Camping & Hiking
        • Sporting Events
        • Sports Equipment & Accessories
        • Sports Overview

        • View All Sports

        • Travel

        • Amusement Parks and Tourist Attractions
        • Gambling & Casinos
        • Hotels and Resorts
        • Leisure & Tourism
        • Outdoors, Camping & Hiking
        • Passenger Aviation
        • Travel Industry
        • Travel Overview

        • View All Travel

    • Policy & Public Interest
        • Policy & Public Interest

        • Advocacy Group Opinion
        • Animal Welfare
        • Canadian Federal Government
        • Canadian Municipal Government
        • Canadian Provincial Government
        • Corporate Social Responsibility
        • Domestic Policy
        • Economic News, Trends, Analysis
        • Education
        • Environmental
        • European Government
        • FDA Approval
        • Federal and State Legislation
        • Federal Executive Branch & Agency
        • Foreign Policy & International Affairs
        • Homeland Security
        • Labor & Union
        • Legal Issues
        • Natural Disasters
        • Not For Profit
        • Patent Law
        • Public Safety
        • Trade Policy
        • Policy & Public Interest Overview

        • View All Policy & Public Interest

    • People & Culture
        • People & Culture

        • Aboriginal, First Nations & Native American
        • African American
        • Asian American
        • Children
        • Diversity, Equity & Inclusion
        • Hispanic
        • Lesbian, Gay & Bisexual
        • Men's Interest
        • People with Disabilities
        • Religion
        • Senior Citizens
        • Veterans
        • Women
        • People & Culture Overview

        • View All People & Culture

    • Advanced Search
    • Explore Our Platform
    • Plan Campaigns
    • Create with AI
    • Distribute Press Releases
    • Report Results
    • Amplify Content
    • IR
    • All Products
    • Become a Client
    • Request a Demo
    • Editorial Bureaus
    • Partnerships
    • General Enquiries
    • Media
    • Worldwide Offices
    • Hamburger menu
    • Cision Canada
    • Send a Release
    • FR
      • Phone

      • 877-269-7890 from 8 AM - 10 PM ET

      • ALL CONTACT INFO
      • Contact Cision

        877-269-7890
        from 8 AM - 10 PM ET

    • Searching for your content...

      No results found. Please change your search terms and try again.

      News Releases

      view all
      Close menu
    • News
    • Products
    • Contact
      • Send a Release
      • Sign Up
      • Resources
      • Investor Relations
      • Journalists
      • Webcasts
      • my CNW
      • GDPR
      • 3 News in Focus
      • 5 Business
      • 5 Science & Tech
      • 5 Lifestyle & Health
      • 1 Policy & Public Interest
      • 1 People & Culture
      • Send a Release
      • Sign Up
      • Resources
      • Investor Relations
      • Journalists
      • Webcasts
      • my CNW
      • GDPR
      • Explore Our Platform
      • Plan Campaigns
      • Create with AI
      • Distribute Press Releases
      • Report Results
      • Amplify Content
      • IR
      • All Products
      • Send a Release
      • Sign Up
      • Resources
      • Investor Relations
      • Journalists
      • Webcasts
      • my CNW
      • GDPR
      • Become a Client
      • Request a Demo
      • Editorial Bureaus
      • Partnerships
      • General Enquiries
      • Media
      • Worldwide Offices
      • General Enquiries
      • Send a Release
      • Sign Up
      • Resources
      • Investor Relations
      • Journalists
      • Webcasts
      • my CNW
      • GDPR
      Close submenu (News in Focus) News in Focus
      • Browse News Releases
      • Multimedia Gallery
      • Trending Topics
      Close submenu (Business) Business
      • Auto & Transportation
      • Business Technology
      • Entertain­ment & Media
      • Financial Services & Investing
      • General Business
      Close submenu (Science & Tech) Science & Tech
      • Consumer Technology
      • Energy & Natural Resources
      • Environ­ment
      • Heavy Industry & Manufacturing
      • Telecomm­unications
      Close submenu (Lifestyle & Health) Lifestyle & Health
      • Consumer Products & Retail
      • Entertain­ment & Media
      • Health
      • Sports
      • Travel
      Close submenu (Policy & Public Interest) Policy & Public Interest
      • Policy & Public Interest
      Close submenu (People & Culture) People & Culture
      • People & Culture

      Lundin Gold Extends Porphyry Corridor to 10km's with Discovery of Fifth Porphyry; Sandia Returns Highest Grade Intercept to Date Including 322 Metres of 1.08% CuEq

      Lundin Gold Logo (CNW Group/Lundin Gold Inc.)

      News provided by

      Lundin Gold Inc.

      Feb 12, 2026, 18:00 ET

      Share this article

      Share this article


      VANCOUVER, BC, Feb. 12, 2026 /CNW/ - Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) ("Lundin Gold" or the "Company") is pleased to announce positive results from near-mine porphyry exploration drilling programs at its 100% owned Fruta del Norte ("FDN") gold mine in southeast Ecuador. PDF Version 

      Continue Reading
      Figure 1: Map showing Trancaloma-Sandia corridor adjacent to FDN (CNW Group/Lundin Gold Inc.)
      Figure 1: Map showing Trancaloma-Sandia corridor adjacent to FDN (CNW Group/Lundin Gold Inc.)
      Figure 2: Sandia Trancaloma cross section showing recent drilling results at Trancaloma (CNW Group/Lundin Gold Inc.)
      Figure 2: Sandia Trancaloma cross section showing recent drilling results at Trancaloma (CNW Group/Lundin Gold Inc.)
      Figure 3: Castillo Trancaloma cross section showing reported drilling results (CNW Group/Lundin Gold Inc.)
      Figure 3: Castillo Trancaloma cross section showing reported drilling results (CNW Group/Lundin Gold Inc.)
      Figure 4: 10 km Porphyry corridor highlighting Chontas discovery and the main deposits under delineation stage (CNW Group/Lundin Gold Inc.)
      Figure 4: 10 km Porphyry corridor highlighting Chontas discovery and the main deposits under delineation stage (CNW Group/Lundin Gold Inc.)
      LUNDIN GOLD EXTENDS PORPHYRY CORRIDOR T0 10KM’S WITH DISCOVERY OF FIFTH PORPHYRY; SANDIA RETURNS HIGHEST GRADE INTERCEPT TO DATE INCLUDING 322 METRES OF 1.08% CuEq (CNW Group/Lundin Gold Inc.)
      View PDF
      LUNDIN GOLD EXTENDS PORPHYRY CORRIDOR T0 10KM’S WITH DISCOVERY OF FIFTH PORPHYRY; SANDIA RETURNS HIGHEST GRADE INTERCEPT TO DATE INCLUDING 322 METRES OF 1.08% CuEq (CNW Group/Lundin Gold Inc.)

      Recent drilling continues to advance the understanding of the emerging porphyry belt adjacent to the Fruta del Norte mine.  Results confirm a large intrusive complex hosting several shallow copper gold porphyry systems within a short distance of each other.  Together, Sandia, Trancaloma, Trancaloma West, and Castillo define a multi-kilometre trend of clustered mineralization, while the new Chontas discovery extends the broader porphyry corridor to at least 10 km.

      Program Highlights

      • Sandia: Highest grade porphyry intercept to date including 322.30 m of 1.08% CuEq near surface. Footprint has expanded to 1,300 m strike x 700 m width x 1,000 m depth, and open to the northwest, east, and at depth. Sandia is currently the largest and highest grade of the known porphyry systems on FDN's concessions.
      • Trancaloma: Drilling into a higher grade potassic core that shallows to the southeast; footprint has expanded to 1,300 m strike × 650 m width × 1,000 m depth, and open in multiple directions.
      • Sandia–Trancaloma: Strike at 1,300 m each; the expansion of mineralization has narrowed the potential linkage within the corridor to 1,400 m (from 2,000 m) which continues to be tested by step-out drilling.
      • Castillo: Semi‑massive sulfide zone including 101 m of 0.80% CuEq, confirming southern continuity beneath the Suarez Basin conglomerates.
      • Trancaloma West: Drilling has defined a continuous mineral envelope of 1,100 m strike × 200 m width × 500 m depth, mineralization and alteration style consistent with Trancaloma.
      • Chontas (New Discovery): Drilling has confirmed a fifth porphyry system, 7 km south of Trancaloma and FDN, extending the corridor from 5 km to 10 km, opening a broader area to explore.

      Highlights from drilling programs at Sandia, Trancaloma, Trancaloma West, Castillo and Chontas are outlined below, with detailed results provided in Appendix 1.

      Jamie Beck, President and CEO, commented, "These results continue to highlight the remarkable copper-gold porphyry potential around Fruta del Norte.  The discovery of a fifth system, and the extension of the corridor to 10 kilometres underscore the scale of this emerging copper‑gold district.  Sandia's record intercept speaks to the strength of potential at‑surface mineralization, while ongoing drilling at Trancaloma, Trancaloma West, Castillo, and now Chontas, further defines the continuity of mineralization along the corridor.  With multiple rigs turning, we are advancing what is increasingly looking to be a large porphyry district adjacent to FDN."

      Drilling Highlights (not true widths)

      Sandia

      • Drill hole SND-2025-383 intersected 0.68% Cu, 0.10 g/t Au, 2.85 g/t Ag, and 16.32 ppm Mo (0.79% CuEq) over 603.25 m from 27.00 m, including:
        • 0.96% Cu, 0.12 g/t Au, 3.50 g/t Ag, and 9.77 ppm Mo (1.08% CuEq) over 322.30 m
      • Drill hole SND-2025-378 intersected 0.49% Cu, 0.10 g/t Au, 1.90 g/t Ag, and 20.45 ppm Mo (0.60% CuEq) over 694.20 m from 5.90 m, including:
        • 0.74% Cu, 0.18 g/t Au, 2.66 g/t Ag, and 6.78 ppm Mo (0.90% CuEq) over 240.90 m

      Trancaloma

      • Drill hole TRL-2025-340 intersected 0.33% Cu, 0.10 g/t Au, 1.80 g/t Ag, and 12.58 ppm Mo (0.43% CuEq) over 945.05 m from 152.30 m, including:
        • 0.52% Cu, 0.13 g/t Au, 2.31 g/t Ag, and 19.14 ppm Mo (0.65% CuEq) over 202.25 m
      • Drill hole TRL-2025-362 intersected 0.35% Cu, 0.11 g/t Au, 0.98 g/t Ag, and 11.76 ppm Mo (0.44% CuEq) over 681.60 m from 46.40 m, including:
        • 0.44% Cu, 0.14 g/t Au, 1.09 g/t Ag, and 8.79 ppm Mo (0.55% CuEq) over 395.75 m

      Trancaloma West

      • Drill hole TRL-2025-365 intersected 0.27% Cu, 0.06 g/t Au, 2.22 g/t Ag, and 14.28 ppm Mo (0.35% CuEq) over 582.55 m from 21.95 m, including:
        • 0.34% Cu, 0.08 g/t Au, 3.23 g/t Ag, and 12.56 ppm Mo (0.43% CuEq) over 303.50m

      Castillo

      • Drill hole CAS-2025-376 intersected 0.64% Cu, 0.20 g/t Au, 2.00 g/t Ag, and 6.08 ppm Mo (0.80% CuEq) over 100.80 m from 244.90 m, including:
        • 1.0% Cu, 0.33 g/t Au, 3.20 g/t Ag, and 3.81 ppm Mo (1.26% CuEq) over 47.80m

      Chontas (Discovery)

      • Drill hole CHT-2025-374 intersected 0.23% Cu, 0.03 g/t Au, 0.93 g/t Ag, and 10.0 ppm Mo (0.27% CuEq) over 507.60m from 20.10 m, including:
        • 0.39% Cu, 0.05 g/t Au, 1.49 g/t Ag, and 4.71 ppm Mo (0.44% CuEq) over 232.80m

      10 KM SANDIA-CHONTAS COPPER-GOLD PORPHYRY CORRIDOR

      Recent drilling continues to advance the understanding of the emerging porphyry belt adjacent to FDN.  Results confirm a large intrusive complex hosting multiple shallow copper gold porphyry systems in close proximity to one another.  Collectively, Sandia, Trancaloma, Trancaloma West, and Castillo form a near-mine cluster of deposits located immediately beside FDN, while the new Chontas discovery extends the broader north-south porphyry corridor to at least 10 kilometres.

      SANDIA

      Located less than two kilometres northeast of FDN, Sandia is the most significant porphyry system discovered to date and sits on the northern edge of currently defined corridor.  Drilling outlines wide, continuous copper-gold mineralization beginning at surface.  The system is currently defined over 1,300 m along a northwest trend, 700 m in width, and 1,000 m vertically, and remains open along strike to the northwest, to the east, and at depth (see Figures 1 and 2).

      Mineralization is predominantly associated with A-type quartz (chalcopyrite) ± magnetite veinlets hosted mainly by quartz monzonite porphyry with well-developed Kfeldspar–magnetite potassic alteration.  The standout interval in SND-2025-383 (603.25 m at 0.79% CuEq, including 322.30 m at 1.08% CuEq) represents the highest grade porphyry intercept returned to date in the program and highlights exploration potential toward the northwest and east.  In the central portion of the system, SND-2025-378 (694.20 m at 0.60% CuEq) successfully enlarged and extended higher grade mineralization.  Four surface drill rigs are currently active at Sandia.

      TRANCALOMA

      At Trancaloma, drilling continues to expand a broad zone of copper‑gold mineralization from surface, now extending approximately 1,300 m along a northwest trend, 650 m in width, and 1,000 m in depth, and remains open along strike and at depth (see Figures 1, 2, and 3).

      Mineralization is associated with well zoned porphyry related alteration, with copper-gold hosted in a phallic to sericite assemblage that transitions at depth into higher grade potassic alteration characterized by Kfeldspar, biotite, and magnetite with A-type quartz ± magnetite veining.  Recent holes, TRL-2025-340 (945.05 m at 0.43% CuEq) and TRL-2025-362 (681.60 m at 0.44% CuEq), expanded the system and indicate that the potassic core is shallowing along the southeastern extension.  One surface rig is currently active at Trancaloma.

      TRANCALOMA WEST

      On the western side of Trancaloma, drilling continues to define the Trancaloma West porphyry system (see Figures 1 and 3).  Since its discovery last quarter, the program has delineated a continuous mineralized envelope over approximately 1,100 m of strike, 200 m of width, and 500 m of depth.  Mineralization and alteration styles are consistent with the main Trancaloma system.  Hole TRL-2025-365 (303.50 m at 0.43% CuEq) confirmed shallow mineralization to the north, indicating further room for expansion in that direction.  One surface rig is currently active at Trancaloma West.

      CASTILLO

      At Castillo, located two kilometres south of FDN along the western border of Bonza Sur, drilling has confirmed the southern continuity of higher grade copper gold mineralization beneath the Suarez Basin conglomerates (see Figures 1 and 3).  Hole CAS-2025-376 (100.80 m at 0.80% CuEq, including 47.80 m at 1.26% CuEq) intercepted a semi-massive chalcopyrite–pyrite zone associated with quartz–magnetite veining, similar to discovery hole CAS-2025-329 (35.55 m at 2.79% CuEq).  This higher grade zone remains open to the south, where one rig is actively exploring.

      CHONTAS – NEW PORPHYRY DISCOVERY

      At Chontas, located seven kilometres south of Trancaloma and FDN, a systematic exploration program has led to the discovery of another shallow copper‑gold porphyry system (see Figure 4). Testing a large surface Cu–Mo geochemical anomaly, hole CHT‑2025‑374 (232.80 m at 0.44% CuEq) intersected wide, shallow copper‑gold mineralization associated with typical porphyry alteration, including well‑developed potassic (K‑feldspar–biotite) and chlorite–magnetite assemblages and A‑type quartz veining. The discovery confirms a 10 kilometre porphyry corridor and remains open for further exploration.

      Figure 1: Map showing Trancaloma-Sandia corridor adjacent to FDN

      Figure 2: Sandia Trancaloma cross section showing recent drilling results at Trancaloma

      Figure 3: Castillo Trancaloma cross section showing reported drilling results

      Figure 4: 10 km Porphyry corridor highlighting Chontas discovery and the main deposits under delineation stage

      Qualified Persons and Technical Notes

      The technical information contained in this News Release has been reviewed and approved by Andre Oliveira, P. Geo, Vice President, Exploration of the Company, who is a Qualified Person in accordance with the requirements of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

      Samples consist of half HQ and NQ-size diamond core that are split by diamond saw on site, prepared at the ALS laboratory in Quito, and analyzed by 50g fire assay and multi-element (ICP-AES/ICP-MS) at the ALS Laboratory in Lima, Peru.  The quality assurance-quality control (QA-QC) program of Lundin Gold includes the insertion of certified standards of known gold content, blank and duplicate samples.  The remaining half core is retained for verification and reference purposes.  For further information on the assay, QA-QC, and data verification procedures, please see Lundin Gold's AIF.

      Copper equivalent calculation for reporting purposes only:   US$4.00/lb Cu, US$1,800/oz Au, US$30/oz Ag, and US$25/oz Mo with 80% metallurgical recoveries assumed for all metals.  The formula is: CuEq % = Cu % + (0.6562 * Au g/t) + (0.0109 * Ag g/t) + (0.0006 * Mo ppm). 

      About Lundin Gold

      Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador.  Fruta del Norte is among the highest-grade operating gold mines in the world.

      The Company's board and management team have extensive expertise and are dedicated to operating Fruta del Norte responsibly.  The Company operates with transparency and in accordance with international best practices.  Lundin Gold is committed to delivering value to its shareholders through operational excellence and growth, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact.  Furthermore, Lundin Gold is focused on continued exploration on its extensive and highly prospective land package to identify and develop new resource opportunities to ensure long-term sustainability and growth for the Company and its stakeholders. 

      Additional Information

      The information in this release is subject to the disclosure requirements of Lundin Gold under the EU Market Abuse Regulation.  This information was publicly communicated on February 12, 2026 at 3:00 p.m. Pacific Time through the contact persons set out below.

      Caution Regarding Forward-Looking Information and Statements

      Certain of the information and statements in this press release are considered "forward-looking information" or "forward-looking statements" as those terms are defined under Canadian securities laws (collectively referred to as "forward-looking statements").  Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as "believes", "anticipates", "expects", "is expected", "scheduled", "estimates", "pending", "intends", "plans", "forecasts", "targets", or "hopes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "will", "should" "might", "will be taken", or "occur" and similar expressions) are not statements of historical fact and may be forward-looking statements. By their nature, forward-looking statements and information involve assumptions, inherent risks, and uncertainties, many of which are difficult to predict, and are usually beyond the control of management, that could cause actual results to be materially different from those expressed by these forward-looking statements and information.  Lundin Gold believes that the expectations reflected in this forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct.  Forward-looking information should not be unduly relied upon.  This information speaks only as of the date of this press release, and the Company will not necessarily update this information, unless required to do so by securities laws.

      This press release contains forward-looking information in a number of places, such as in statements relating to the Company's exploration plans, activities and results.  There can be no assurance that such statements will prove to be accurate, as Lundin Gold's actual results and future events could differ materially from those anticipated in this forward-looking information as a result of the factors discussed in the "Risk Factors" section in Lundin Gold's Annual information Form dated March 17, 2025 available under the Company's profile on www.sedarplus.ca.

      Lundin Gold's actual results could differ materially from those anticipated.  Factors that could cause actual results to differ materially from any forward-looking statement or that could have a material impact on the Company or the trading price of its shares include: instability in Ecuador; community relations; reliability of power supply; tax changes in Ecuador; security; availability of workforce and labour relations; mining operations; waste disposal and tailings; environmental compliance; illegal mining; Mineral Reserve and Mineral Resource estimates; infrastructure; regulatory risk; government or regulatory approvals; forecasts relating to production and costs; gold price; dependence on a single mine; shortages of critical resources; climate change; exploration and development; control of Lundin Gold; dividends; information systems and cyber security; title matters and surface rights and access; health and safety; human rights; employee misconduct; measures to protect biodiversity, endangered species and critical habitats; global economic conditions; competition for new projects; key talent recruitment and retention; market price of the Company's shares; social media and reputation; insurance and uninsured risks; pandemics, epidemics or infectious disease outbreak; conflicts of interest; violation of anti-bribery and corruption laws; internal controls; claims and legal proceedings; and reclamation obligations.

      APPENDIX 1

      Table 1: Drillhole assay results from the porphyry targets surface drilling program. Drill hole intercepts are reported in drill core lengths.

      Hole ID

      From (m)

      To (m)

      Interval (m)

      Cu (%)

      Au (g/t)

      Ag (g/t)

      Mo (ppm)

      CuEq (%)

      Target

      CAS-2025-345

      98.45

      390.90

      292.45

      0.15

      0.03

      0.37

      10.24

      0.18

      Castillo

      Including

      98.45

      126.40

      27.95

      0.26

      0.05

      0.59

      6.15

      0.30

      Including

      276.80

      308.95

      32.15

      0.21

      0.04

      0.44

      10.29

      0.25

      CAS-2025-359

      160.00

      449.45

      289.45

      0.30

      0.06

      0.85

      3.89

      0.34

      Castillo

      Including

      395.00

      434.60

      39.60

      0.40

      0.11

      1.18

      4.01

      0.48

      CAS-2025-371

      120.80

      458.40

      337.60

      0.22

      0.03

      0.58

      8.75

      0.25

      Castillo

      Including

      147.80

      202.00

      54.20

      0.31

      0.04

      0.93

      13.47

      0.35

      CAS-2025-376

      97.60

      398.65

      301.05

      0.32

      0.09

      0.94

      7.38

      0.39

      Castillo

      Including

      244.90

      345.70

      100.80

      0.64

      0.20

      2.00

      6.08

      0.80

      with

      258.20

      306.00

      47.80

      1.00

      0.33

      3.20

      3.81

      1.26

      CAS-2025-387

      231.20

      296.90

      65.70

      0.29

      0.05

      0.62

      5.58

      0.33

      Castillo

      Including

      254.55

      278.80

      24.25

      0.35

      0.04

      0.64

      5.64

      0.39

      CAS-2025-421

      Pending Results

      Castillo

      CHT-2025-341

      No Significant Results

      Chontas

      CHT-2025-363

      Pending Results

      Chontas

      CHT-2025-374

      20.10

      527.70

      507.60

      0.23

      0.03

      0.93

      10.00

      0.27

      Chontas

      Including

      238.40

      471.20

      232.80

      0.39

      0.05

      1.49

      4.71

      0.44

      CHT-2025-380

      93.30

      419.80

      326.50

      0.20

      0.05

      0.86

      10.97

      0.25

      Chontas

      Including

      240.25

      312.80

      72.55

      0.41

      0.06

      1.51

      2.62

      0.47

      CHT-2025-420

      Pending Results

      Chontas

      SND-2025-349

      8.25

      483.10

      474.85

      0.58

      0.10

      2.55

      17.24

      0.69

      Sandia

      Including

      184.30

      483.10

      298.80

      0.70

      0.13

      3.23

      8.63

      0.83

      SND-2025-370

      1.70

      615.00

      613.30

      0.19

      0.04

      1.40

      30.19

      0.25

      Sandia

      Including

      415.00

      615.00

      200.00

      0.29

      0.05

      2.22

      30.29

      0.37

      SND-2025-378

      5.90

      700.10

      694.20

      0.49

      0.10

      1.90

      20.45

      0.60

      Sandia

      Including

      459.20

      700.10

      240.90

      0.74

      0.18

      2.66

      6.78

      0.90

      SND-2025-382

      244.55

      511.30

      266.75

      0.52

      0.15

      2.07

      14.18

      0.65

      Sandia

      Including

      324.00

      511.30

      187.30

      0.61

      0.19

      2.51

      6.46

      0.76

      SND-2025-383

      27.00

      630.25

      603.25

      0.68

      0.10

      2.85

      16.32

      0.79

      Sandia

      Including

      27.00

      349.30

      322.30

      0.96

      0.12

      3.50

      9.77

      1.08

      SND-2025-388

      No Significant Results

      Sandia

      SND-2025-396

      3.00

      650.45

      647.45

      0.54

      0.13

      2.28

      14.42

      0.66

      Sandia

      Including

      140.00

      278.60

      138.60

      0.60

      0.12

      2.62

      20.43

      0.72

      Including

      336.50

      642.80

      306.30

      0.68

      0.18

      2.90

      8.94

      0.84

      SND-2025-400

      13.90

      649.70

      635.80

      0.43

      0.06

      1.68

      18.90

      0.50

      Sandia

      Including

      13.90

      278.90

      265.00

      0.51

      0.07

      1.81

      21.41

      0.59

      Including

      314.50

      467.00

      152.50

      0.56

      0.07

      2.17

      9.59

      0.64

      SND-2025-413

      Pending Results

      Sandia

      SND-2025-414

      Pending Results

      Sandia

      SND-2025-416

      Pending Results

      Sandia

      SND-2025-426

      Pending Results

      Sandia

      SND-2025-426-D1

      Pending Results

      Sandia

      SND-2025-430

      Pending Results

      Sandia

      TRL-2025-322

      94.60

      284.00

      189.40

      0.20

      0.05

      1.17

      5.95

      0.25

      Trancaloma West

      Including

      101.80

      147.30

      45.50

      0.24

      0.05

      1.06

      4.56

      0.29

      Including

      230.70

      284.00

      53.30

      0.25

      0.06

      1.28

      6.87

      0.31

      TRL-2025-340

      152.30

      1097.35

      945.05

      0.33

      0.10

      1.80

      12.58

      0.43

      Trancaloma

      Including

      895.10

      1097.35

      202.25

      0.52

      0.13

      2.31

      19.14

      0.65

      TRL-2025-344

      215.85

      726.40

      510.55

      0.22

      0.06

      1.19

      23.96

      0.28

      Trancaloma

      Including

      642.50

      726.40

      83.90

      0.32

      0.07

      1.34

      47.79

      0.41

      TRL-2025-348

      158.50

      698.60

      540.10

      0.13

      0.02

      1.02

      15.78

      0.16

      Trancaloma

      Including

      369.70

      413.00

      43.30

      0.17

      0.01

      1.00

      16.28

      0.20

      Including

      626.80

      668.40

      41.60

      0.17

      0.05

      1.68

      19.03

      0.23

      TRL-2025-362

      46.40

      728.00

      681.60

      0.35

      0.11

      0.98

      11.76

      0.44

      Trancaloma

      Including

      150.25

      546.00

      395.75

      0.44

      0.14

      1.09

      8.79

      0.55

      TRL-2025-364

      264.90

      801.80

      536.90

      0.49

      0.11

      1.87

      9.91

      0.59

      Trancaloma

      Including

      383.10

      614.10

      231.00

      0.60

      0.12

      2.05

      7.18

      0.70

      TRL-2025-365

      21.95

      604.50

      582.55

      0.27

      0.06

      2.22

      14.28

      0.35

      Trancaloma West

      Including

      144.20

      447.70

      303.50

      0.34

      0.08

      3.23

      12.56

      0.43

      TRL-2025-368

      8.90

      637.40

      628.50

      0.19

      0.04

      0.54

      37.56

      0.24

      Trancaloma

      Including

      273.10

      375.50

      102.40

      0.27

      0.05

      1.06

      34.83

      0.34

      TRL-2025-381

      Pending Results

      Trancaloma

      TRL-2025-406

      Pending Results

      Trancaloma

      TRL-2025-409

      Pending Results

      Trancaloma

      TRL-2025-418

      Pending Results

      Trancaloma

      TRL-2025-423

      Pending Results

      Trancaloma

      TRL-2025-428

      Pending Results

      Trancaloma

      Table 2: Porphyry Target Collar Drill Holes

      Hole ID

      Target

      Easting

      Northing

      Elevation

      Azimuth

      Dip

      EOH (m)

      Zone

      Year

      CAS-2025-345

      Castillo

      778071

      9580809

      1462

      50

      -81

      600.00

      Surface

      2025

      CAS-2025-359

      Castillo

      778071

      9580809

      1462

      54

      -44

      550.00

      Surface

      2025

      CAS-2025-371

      Castillo

      777989

      9580789

      1444

      99

      -35

      458.40

      Surface

      2025

      CAS-2025-376

      Castillo

      778198

      9580647

      1505

      299

      -65

      414.10

      Surface

      2025

      CAS-2025-387

      Castillo

      778239

      9580452

      1544

      278

      -65

      550.00

      Surface

      2025

      CAS-2025-421

      Castillo

      778240

      9580453

      1545

      50

      -67

      500.20

      Surface

      2025

      CHT-2025-341

      Chonta

      778484

      9575991

      1664

      244

      -51

      326.6

      Surface

      2025

      CHT-2025-363

      Chonta

      778731

      9576293

      1789

      118

      -49

      621.6

      Surface

      2025

      CHT-2025-374

      Chonta

      778731

      9576293

      1789

      72

      -45

      661.75

      Surface

      2025

      CHT-2025-380

      Chonta

      778732

      9576294

      1789

      73

      -34

      510.1

      Surface

      2025

      CHT-2025-420

      Chonta

      778613

      9575324

      1812

      90

      -45

      500.05

      Surface

      2025

      CHT-2026-222

      Chonta

      779067

      9575816

      1874

      45

      -45

      514.9

      Surface

      2026

      SND-2025-349

      Sandia

      779294

      9584011

      1599

      88

      -50

      483.10

      Surface

      2025

      SND-2025-370

      Sandia

      779981

      9583794

      1782

      311

      -59

      615.00

      Surface

      2025

      SND-2025-378

      Sandia

      779294

      9584011

      1597

      47

      -70

      700.10

      Surface

      2025

      SND-2025-382

      Sandia

      779083

      9584345

      1615

      62

      -60

      633.75

      Surface

      2025

      SND-2025-383

      Sandia

      779332

      9584327

      1598

      104

      -55

      630.25

      Surface

      2025

      SND-2025-388

      Sandia

      779299

      9582758

      1676

      102

      -80

      495.80

      Surface

      2025

      SND-2025-396

      Sandia

      779237

      9584164

      1585

      70

      -70

      650.45

      Surface

      2025

      SND-2025-400

      Sandia

      779275

      9584483

      1587

      72

      -66

      650.80

      Surface

      2025

      SND-2025-413

      Sandia

      779162

      9583772

      1606

      60

      -60

      600.20

      Surface

      2025

      SND-2025-414

      Sandia

      780070

      9584741

      1640

      70

      -65

      550.10

      Surface

      2025

      SND-2025-416

      Sandia

      779235

      9584163

      1585

      250

      -61

      460.55

      Surface

      2025

      SND-2025-426

      Sandia

      779805

      9584746

      1630

      27

      -51

      151.85

      Surface

      2025

      SND-2025-426-D1

      Sandia

      779805

      9584746

      1630

      27

      -50

      802.80

      Surface

      2025

      SND-2026-430

      Sandia

      778952

      9584349

      1602

      90

      -69

      604.00

      Surface

      2026

      SND-2026-431

      Sandia

      779983

      9583793

      1782

      80

      -65

      527.25

      Surface

      2026

      TRL-2025-322

      Trancaloma

      778716

      9581394

      1481

      98

      -65

      709.35

      Surface

      2025

      TRL-2025-340

      Trancaloma

      780742

      9581173

      1488

      302

      -60

      1097.35

      Surface

      2025

      TRL-2025-344

      Trancaloma

      780562

      9581170

      1546

      278

      -60

      726.40

      Surface

      2025

      TRL-2025-348

      Trancaloma

      780550

      9582153

      1480

      228

      -55

      700.20

      Surface

      2025

      TRL-2025-362

      Trancaloma

      780741

      9581174

      1488

      303

      -31

      728.00

      Surface

      2025

      TRL-2025-364

      Trancaloma

      780081

      9581598

      1481

      98

      -75

      801.80

      Surface

      2025

      TRL-2025-365

      Trancaloma

      779004

      9581333

      1486

      63

      -64

      653.55

      Surface

      2025

      TRL-2025-368

      Trancaloma

      780203

      9581928

      1476

      233

      -58

      700.65

      Surface

      2025

      TRL-2025-381

      Trancaloma

      779964

      9581618

      1449

      58

      -70

      622.90

      Surface

      2025

      TRL-2025-406

      Trancaloma

      779971

      9581942

      1527

      230

      -60

      480.60

      Surface

      2025

      TRL-2025-409

      Trancaloma

      779724

      9582153

      1592

      70

      -61

      549.75

      Surface

      2025

      TRL-2025-418

      Trancaloma

      780554

      9581888

      1513

      50

      -64

      498.90

      Surface

      2025

      TRL-2025-423

      Trancaloma

      779073

      9581469

      1489

      50

      -60

      681.30

      Surface

      2025

      TRL-2025-428

      Trancaloma

      780552

      9582154

      1480

      50

      -60

      500.40

      Surface

      2025

      SOURCE Lundin Gold Inc.

      For more information, please contact: Brendan Creaney, Vice President, Corporate Development & Investor Relations, Tel: +1-604-376-4595, [email protected]

      Modal title

      Organization Profile

      Lundin Gold Inc.

        Also from this source

      • Lundin Gold Reports High-Grade Gold Results including 124.27 g/t Au over 11.00 Metres at FDNS and 242.64 g/t Au over 3.30 Metres at Bonza Sur; Conversion Drilling Commences at FDN East

      • Lundin Gold Reports Q3 2026 Production of 153,736 Ounces of Gold

      • Lundin Gold Share Capital and Voting Rights Update

      Contact PR Newswire

      • 866-245-2317
        from 7:30 AM - 6:30 PM ET
      • Become a Client
      • Request a Demo
      • Editorial Bureaus
      • Partnerships
      • General Enquiries
      • Media

      Products

      • Explore Our Platform
      • Plan Campaigns
      • Create with AI
      • Distribute Press Releases
      • Report Results
      • Amplify Content
      • Investor Relations

      About

      • About PR Newswire
      • About Cision
      • Careers
      • APAC
      • APAC - Simplified Chinese
      • APAC - Traditional Chinese
      • Brazil
      • Canada
      • Czech
      • Denmark
      • Finland
      • France
      • Germany
      • India
      • Indonesia
      • Israel
      • Japan
      • Korea
      • Mexico
      • Middle East
      • Middle East - Arabic
      • Netherlands
      • Norway
      • Poland
      • Portugal
      • Russia
      • Slovakia
      • Spain
      • Sweden
      • United States
      • Vietnam

      My Services

      • All News Releases
      • Platform Login
      • Privacy Policy

      Do not sell or share my personal information:

      • Submit via [email protected] 
      • Call Privacy toll-free: 877-297-8921

      Contact Cision

      Products

      About

      My Services
      • All News Releases
      • Platform
      • Next Gen Communications Cloud
      • Cision Communications Cloud
      • my CNW
      877-269-7890
      from 8 AM - 10 PM ET
      • Terms of Use
      • Information Security Policy
      • Site Map
      • Cookie Settings
      • Accessibility Statement
      Copyright © 2026 CNW Group Ltd. All Rights Reserved. A Cision company.