Mr. Marshall Koval reports

LUMINA GOLD APPOINTS FEASIBILITY STUDY CONSULTANTS

Lumina Gold Corp. has appointed Ausenco Engineering Canada ULC to lead the feasibility study on its Cangrejos gold-copper project in southwest Ecuador. Lumina is expecting the feasibility study to be completed in H1 2025. Along with Ausenco, Lumina has appointed a full team of consultants to support the completion of the feasibility study. Key consultants and responsibilities are listed in the table entitled "Appointed consultants."

Ron Halas, chief operating officer, commented: "Most of these consultants have been working on Cangrejos since the first PEA [preliminary economic assessment] that was released in 2018 and bring a wealth of project knowledge to this feasibility study. I have been working hand-in-hand with Ausenco on a number of trade-off studies and potential improvements that could be integrated into the feasibility study."

About Lumina Gold Corp.

Lumina Gold is a Vancouver-based precious and base metals exploration and development company focused on the Cangrejos gold-copper project, located in El Oro province, southwestern Ecuador. In 2023, the company completed a prefeasibility study for Cangrejos, which is the largest primary gold deposit in Ecuador. Lumina has an experienced management team with a successful record of advancing and monetizing exploration projects.

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