Tuesday, September 16, 2025

Lumina Gold’s Flagship: Cangrejos’ $2.2B NPV at $1,650 Gold, 26 Year Mine Life

In this interview, Marshall Koval, CEO of Lumina Gold Corp. (TSXV: LUM), provides insights into the company’s Cangrejos gold project in Ecuador and the broader gold market. Koval is bullish on gold, predicting potential price increases and Fed rate cuts.

Koval outlines Lumina’s progress on their feasibility study, due in early 2025, highlighting the project’s robust economics with a potential $3.5 billion NPV at $1,980/oz gold. He addresses key operational aspects, including power costs and funding through a streaming deal with Wheaton Precious Metals.

Discussing risks, Koval touches on permitting timelines and geopolitical considerations in Ecuador. He closes out the intervier by providing insight into Lumina’s ownership structure and outlines upcoming milestones for investors, including metallurgical test results and government negotiations.


Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Central Banks Buy Record Amount Of Gold In Q3

Central Banks bought more gold than ever last quarter, according to the World Gold Council’s...

Wednesday, November 2, 2022, 04:32:00 PM

300% RETURNS! The Junior Mining Stocks About To Explode In This Gold Bull Market | John Feneck

In this interview, John Feneck provides a comprehensive analysis of the current gold bull market,...

Sunday, May 11, 2025, 03:13:00 PM

Is The Exploits Subzone The New Abitibi? – The Daily Dive feat Michael Collins

For the final episode of The Daily Dive for the trading week, we sit down...

Friday, April 30, 2021, 01:30:00 PM

Grande Portage Releases Sample Assay Results At Herbert Gold

Grande Portage Resources (TSXV: GPG) this morning reported early results from its ongoing exploration program...

Thursday, September 9, 2021, 09:44:00 AM

GoGold Drills 5.4 Metres Of 922.5 G/T Silver Equivalent At Los Ricos South, Accelerates Warrants

GoGold Resources (TSX: GGD) this morning announced the results of six drill holes conducted at...

Wednesday, July 22, 2020, 09:14:39 AM