Anglo American Earn-In

On March 26, 2018 Lumina Gold announced a non-binding earn-in agreement with Anglo American

  • Working to complete a definitive agreement
  • US$57.3M between 2018 and 2024
    • US$50M to be put into Pegasus A and B over the seven years
    • US$7.3M of staged cash payments, with US$1.3M upon signing of definitive agreement
  • Anglo American can accelerate the work and payments at their election

Post completion of the spending Anglo American will own 60%

  • Increases to 70% if Anglo American funds the project to a mining decision

Qualified Person

Leo Hathaway, P.Geo, a "qualified person" within the definition of that term in NI 43-101, has reviewed and approved the scientific and technical information contained on this page.