Lundin Gold Inc. reported production results for the second quarter and first half of 2025. For the quarter, the company reported ore processed of 460,820 tonnes compared to 424,899 tonnes a year ago. Average throughput (tonnes per day) was 5,064 compared to 4,669 a year ago. Average head grade was 10.4 grams per tonne compared to 11.0 grams per tonne a year ago. Recovery was 90.9% compared to 89.0% a year ago. Gold produced was 139,433 ounces compared to 133,062 ounces a year ago. Concentrate was 92,242 ounces compared to 83,910 ounces a year ago. Doré was 47,191
ounces compared to 49,152 ounces a year ago.
For the first half the company reported ore processed of 858,979 tonnes compared to 838,495 tonnes a year ago. Average throughput (tonnes per day) was 4,745 compared to 4,607 a year ago. Average head grade was 10.4 grams per tonne compared to 10.2 grams per tonne a year ago. Recovery was 89.8 % compared to 88.6% a year ago. Gold produced was 256,746 ounces compared to 244,634 ounces a year ago. Concentrate was 167,736 ounces compared to 86,760 ounces a year ago. Doré was 89,010 ounces compared to 86,760 ounces a year ago.
Lundin Gold Inc. is a Canada-based mining company. The Company owns the Fruta del Norte gold mine in southeast Ecuador and a large exploration land package that hosts the Fruta del Norte deposit at its northern edge. The deposit is hosted in the La Zarza concession, located in the 38 square kilometers (km2) Suarez Pull-Apart Basin. Fruta del Norte deposit is located within a 150 kilometers (km) long copper-gold metallogenic sub-province in the Cordillera del Condor region in southeastern Ecuador. The Company’s properties in Southeast Ecuador consists of over 28 metallic mineral concessions and three construction materials concessions covering an area of approximately 64,454 hectares. From this, Fruta del Norte is comprised of seven concessions covering an area of approximately 5,566 hectares and is located approximately 142 km east-northeast of the City of Loja in southeastern Ecuador. Fruta del Norte deposit is an intermediate sulphidation epithermal gold-silver deposit.
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