Canadian project developer Lundin Gold, a member of the Lundin Group of Companies, has published the results of a feasibility study on its attractive Fruta del Norte (FDN) gold/silver project, in Ecuador, stating that it would move into the development phase for what is one of the highest grade undeveloped precious metals projects anywhere in the world.
With an eye on first production early in 2020, Lundin stated Monday that basic engineering and an early works programme would get underway in the third quarter to provide the infrastructure, services and facilities to support the start of the mine twin decline construction and to advance the project in a fast tracked manner.
