Vancouver-based Lundin Gold has provided an update on the completed 2021 regional exploration drilling pro-gramme of the Suarez pull-apart basin, a 16 km-long geological struc-ture trending south from Fruta del Norte, its gold mine in Ecuador.
Ron Hochstein, the president and CEO of Lundin Gold, said in a statement that the “2021 program continued to support and further strengthen our position that buried Fruta del Norte style deposits oc-cur within the southern Basin. Exploration of the southern Basin has been challenging due to the topography and the thickness of the cover rocks,” but “the 2022 program is underway and will continue to evaluate further south along both margins of the Basin.”
The Fruta del Norte gold mine is located in Ecuador’s south-eastern part. The asset comprises seven concessions covering a total area of some 5,566 hectares, according to data from the miner.