Lundin Gold Continues To Advance Fruta Del Norte In Ecuador

VANCOUVER, BC - Lundin Gold Inc. has drawn an additional US$40 million under the gold prepay credit facility with the Orion Mine Finance Group and Blackstone Tactical Opportunities. The funds will be used to support the ongoing development of the Fruta del Norte gold project in Ecuador.

Lundin Gold is developing its wholly-owned Fruta del Norte gold project in southeast Ecuador. Fruta del Norte is one of the highest-grade and largest gold projects currently under construction. The Company's board and management team have extensive expertise in mine construction and operations, and are dedicated to advancing this project through to first gold production in 2019.