Luna Gold Announces Armed Robbery at Aurizona
Vancouver, December 29, 2010 - Luna Gold Corp. (TSXV-LGC) ("Luna
Gold" or the "Company") announces that its Aurizona gold operation, located in Maranhao state, Brazil was the target of an armed
robbery early on December 29th.
A group of armed robbers gained access to the site and escaped with
approximately 1,500 ounces of gold. No employees were injured during the
robbery.
Luna Gold has purchased insurance to cover this type of loss with an
internationally recognized insurance company and is in the process of
filing a claim.
The robbery is currently under investigation by Maranhao
State Police.
Luna Gold's President & CEO, John Blake comments, "The safety
and welfare of our employees is our highest priority and we will ensure
that those involved receive appropriate support and counseling. Theft in
this manner is disturbing and regrettable.
The company is co-operating with authorities and will update the market
when information becomes available."
About Luna Gold Corp.
Luna Gold is a gold mining and exploration company engaged in the
exploration and development of gold deposits and advanced stage gold
exploration projects in Brazil. The Company is currently commissioning
its Aurizona gold mine in Maranh�o,
Brazil.
On behalf of the Board of Directors
LUNA GOLD CORP.
John Blake - President and CEO
Website: www.lunagold.com
For further information contact Investor Relations at (604) 689-7317 or
toll free at 1-866-689-7317.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER
(AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Regulatory Footnotes
This news release does not constitute an offer to sell or a solicitation
of an offer to sell any of the securities in the United States. The
securities have not been and will not be registered under the United
States Securities Act of 1933, as amended or any state securities laws
and may not be offered or sold within the United States or to U.S.
persons unless registered under the United States Securities Act of 1933
and applicable state securities laws or an exemption from such
registration is available.
Forward-Looking Statements
This release contains certain forward looking statements. Forward-looking
statements are subject to various risks and uncertainties concerning the
specific factors identified in Luna Gold Corp.'s periodic filings with
Canadian Securities Regulators. These factors include the inherent risks
involved in the exploration and development of mineral properties, the
uncertainties involved in interpreting drill results and other
exploration data, the potential for delays in exploration or development
activities, the geology, grade and continuity of mineral deposits, the
possibility that future exploration, development or mining results will
not be consistent with the Company's expectations, accidents, equipment
breakdowns, title matters, labor disputes or other unanticipated
difficulties with or interruptions in production and operations,
fluctuating metal prices, unanticipated costs and expenses, uncertainties
relating to the availability and costs of financing needed in the future,
the inherent uncertainty of production and cost estimates and the
potential for unexpected costs and expenses, commodity price
fluctuations, currency fluctuations, regulatory restrictions, including
environmental regulatory restrictions and liability, competition, loss of
key employees, and other related risks and uncertainties. The Company
undertakes no obligation to update forward-looking information except as
required by applicable law. Such forward-looking information represents
management's best judgment based on information currently available. No
forward-looking statement can be guaranteed and actual future results may
vary materially. Accordingly, readers are advised not to place undue
reliance on forward-looking statements or information.
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