Lundin Q2 production total 139,433 Oz gold

Jul 15, 2025

FDNLundin Gold Inc report second quarter 2025 [Q2] gold production of 139,433 ounces (Oz) from its Fruta del Norte gold mine in southeast Ecuador.  Of the total quarterly gold production, 92,242 oz were produced as concentrate and 47,191 oz as doré.  During the same quarter in 2024, the Company produced 133,062 oz of gold.

In the second quarter of 2025, the mill processed 460,820 tonnes of ore resulting in an average throughput rate of 5,064 tonnes per day at an average grade of 10.4 grams per tonne with recoveries of 90.9%.

Ron Hochstein, President and CEO commented, “Our strong performance this quarter has us well on track to meet our 2025 production guidance of 475,000 to 525,000 ounces.  The Plant Expansion project, commissioned in the first quarter, has been a clear success, with average throughput reaching 5,064 tonnes per day and recoveries near 91%.

Elevated grades also boosted our first-half results, and we anticipate they’ll reduce in the second half, and average out to our previously disclosed guidance of 9.2 grams per tonne for the full year. Overall, Fruta del Norte and the operating team continue to perform and pursue operational excellence.”

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