Luna Gold Brazil Project Update

Luna Gold Corp. (LGC.V) announced positive surface exploration results from the Areal target located within Luna Gold's 100% owned prospective Maranhao Greenfields project area. Areal is located 20 km due southwest from the Aurizona mine and is one of several greenfields gold targets being advanced by Luna Gold. It said data from geochemical and geophysical surveys combined with geological mapping indicate that a large shear hosted gold mineralizing system exists at Areal. Luna Gold's President and CEO, John Blake, said: "Our exploration team is focused on the discovery of multimillion ounce gold deposits hosted within regional shear corridors at Maranhao Greenfields which holds significant potential in becoming a new Brazilian gold district. The addition of a further 20,000 ha to the project adds to our dominant landholding now totaling 190,000 ha in this emerging gold district and further strengthens Luna Gold's growth profile."

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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