Lundin Gold Reports High-Grade Drill Results at Bonza Sur, Identifies New Epithermal Vein System

05:18 PM EDT, 09/24/2026 (MT Newswires) -- Lundin Gold (LUG.TO) on Thursday said ongoing near-mine exploration drilling at its Fruta del Norte gold mine in southeast Ecuador returned new high-grade results at Bonza Sur and identified a new epithermal vein system farther south on the property. At Bonza Sur, drill hole BLP-2026-553 intersected 204.26 grams per tonne of gold over 3.05 meters from a depth of 140.25 meters, including 1,035.60 grams per tonne over 0.60 meter. Drill hole BLP-2026-483-D1 intersected 28.05 grams per tonne of gold over 4.20 meters from 698.30 meters, including 50.44 grams per tonne over 2.30 meters, while BLP-2026-483-D2 returned 13.75 grams per tonne over 5.50 meters from 715.35 meters, including 23.21 grams per tonne over 3.20 meters. Over the past several years, Fruta del Norte has emerged as a globally significant mineral district containing multiple identified epithermal gold systems and copper-gold porphyries, the company said. Shares of the company closed down CA$0.62 to CA$91.04 on Toronto Stock Exchange on Thursday.