Lucky Minerals Stock Price, News & Analysis

Lucky Minerals Inc. (OTC PINK:LKMNF) announced promising assay results from its Wayka epithermal gold discovery at the Fortuna Property in Ecuador. The alteration zone has been extended by 500 meters, revealing a significant area of advanced argillic alteration measuring approximately 800 by 1,000 meters. Notably, a rock panel sample yielded 4.15 g/t gold. The company has submitted 83 additional samples for analysis to further pinpoint mineralization. With ongoing geological mapping, Lucky aims to enhance understanding of the mineralized system as exploration continues.

Lucky Minerals Inc. (OTC PINK:LKMNF) announced the resignations of Directors Adrian Rothwell and Paul Pint, effective May 31, 2021, due to personal obligations. CEO François Perron acknowledged their contributions and will serve as Interim Chairman during the search for new Directors. The company is focused on exploration and development in mineral systems, particularly the Fortuna Property in Ecuador, which spans 550 km² in a promising gold belt.

Lucky Minerals Inc. (OTC PINK:LKMNF) reported positive assay results from its Fortuna Property in Ecuador. Assays from the Wayka area indicate a gold content of up to 2.90 g/t, confirming strong mineralization. In the Sherman area, assays revealed gold values of up to 2.19 g/t, particularly in a new zone called Macuche. The company continues its exploration efforts, with 28 samples currently pending analysis. The exploration teams are focusing on expanding the known mineralization footprint and identifying potential feeder zones for higher gold content.

Lucky Minerals Inc. (TSXV: LKY, OTC PINK: LKMNF) has provided an update on its Wayka epithermal gold discovery at the Fortuna Property in Ecuador. CEO François Perron highlighted surface findings confirming a high-sulfidation epithermal system, with a 3 km magnetic low anomaly linked to mineralization. Recent assays revealed gold concentrations up to 2.9 g/t. Ongoing geological mapping and sampling aim to extend the understanding of the mineralized system, paving the way for future drilling targets. Exploration will continue with soil sampling and trenching efforts at nearby El Garo.

Lucky Minerals Inc. (TSXV:LKY)(OTC PINK:LKMNF) has become a member of the Extractive Industries Transparency Initiative (EITI), enhancing its commitment to responsible resource governance in Ecuador. The EITI promotes transparency in resource extraction, requiring the government to disclose contracts, revenue, and social spending. CEO Francois Perron expressed pride in joining this internationally recognized framework. Lucky owns the Fortuna Property, spanning 550 km², with promising gold exploration at the Wayka target zone. The company maintains strict COVID-19 protocols for its workforce.

Lucky Minerals Inc. (OTC PINK:LKMNF) has announced significant findings at its 100% owned Fortuna Property in Ecuador, identifying the Wayka target with initial assay results showing up to 2.90 g/t gold from surface samples. The mineralized area spans approximately 1.2 km by 0.5 km and is characterized by typical epithermal features. The company is awaiting further results from 38 additional samples while continuing its exploration work. The Wayka target is adjacent to other prospects, enhancing its exploration potential.

Lucky Minerals Inc. (TSXV:LKY)(OTC PINK:LKMNF) has appointed Diane Mann as Corporate Secretary, effective March 1, 2021, following the resignation of Steven Cozine. Mann brings over 25 years of experience in venture capital and mining resource companies. CEO Francois Perron expresses confidence in Mann’s expertise amid ongoing exploration in Ecuador. Additionally, the company granted 700,000 stock options to Perron, exercisable at C$0.10 per share until March 25, 2026, enhancing management incentives for future growth.

Lucky Minerals Inc. (TSXV:LKY)(OTC PINK:LKMNF)(FRA:LKY) has commenced field work at the Fortuna Property in Ecuador, focusing on the El Garo high sulphidation epithermal Prospect. A team of geologists is carrying out soil sampling over a 4.4 km x 2 km area, with plans to collect approximately 900 samples. The Fortuna Project spans 550 km² in a mineral-rich volcanic belt. The exploration program includes trenching and geophysical studies, leading to a drill program expected in July. Victor Jaramillo oversees the project, ensuring adherence to guidelines.

Lucky Minerals Inc. (OTC Pink:LKMNF) announced that First Quantum Minerals will not continue with the exclusivity agreement on the Fortuna project concessions 3, 4, 5, and 6. First Quantum will provide data generated during its exploration efforts. CEO Francois Perron emphasized the valuable insights gained, particularly regarding the Emma prospect’s potential for a copper-gold porphyry system. The Fortuna Project spans 550 km² in a promising gold belt in Ecuador, and Lucky maintains a 100% interest in this exploration venture.