Lumina ups Ecuador project NPV to $1.6bn

TSX-V-listed gold miner Lumina Gold has received positive results from its latest preliminary economic assessment (PEA) for its 100%-owned Cangrejos project, in Ecuador.

The PEA, completed by MTB Enterprises, demonstrates substantial improvements on the 2018 PEA, with the addition of Gran Bestia, increased mineral resource definition and improved process flow sheet.