Mr. Marshall Koval reports

LUMINA GOLD ANNOUNCES US$17M WHEATON PRECIOUS METALS DRAW

Under Lumina Gold Corp.'s previously announced $300-million (U.S.) precious metals purchase agreement (PMPA) with Wheaton Precious Metals International Ltd., a wholly owned subsidiary of Wheaton Precious Metals Corp., the company has drawn down a total of $16.7-million (U.S.). The draw consisted of two tranches, US$10 million which was due six months after the initial draw in May 2023 and US$6.7 million related to specific pre-construction acquisition transactions.

Marshall Koval, CEO and Director stated: "Lumina is extremely pleased to be wrapping up resource definition and metallurgical drilling in December to support the Feasibility Study. The US$10 million draw will fund our activities until the next tranche from Wheaton in May 2024 as we progress the study and engineering work."

About Lumina Gold

Lumina Gold Corp. (TSXV: LUM) is a Vancouver, Canada based precious and base metals exploration and development company focused on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador. In 2023, the Company completed a Pre-Feasibility Study for Cangrejos, which is the largest primary gold deposit in Ecuador. Lumina has an experienced management team with a successful track record of advancing and monetizing exploration projects.

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