Luna Gold Corp Awarded Major Landholding In The Aurizona Gold Belt, Brazil by 24hgold

Keywords : Brazil | Gold |

Monday, February 25, 2008
Luna Gold Awarded Major Landholding In The Aurizona Gold Belt, Brazil

Vancouver, February 25th, 2008 -- Luna Gold Corp. (TSXV-LGC) ("Luna" or the "Company") is pleased to announce that it has been granted 47,000 ha of mineral exploration permits at Aurizona by the Brazilian Mines Department (DNPM). The landholding collectively called Aurizona Regional is situated to the south and west of the Piaba deposit within the São Luís craton. The project contains several significant historic gold workings ("garimpos") many of which are located along regional structural lineaments similar to that which hosts the Piaba gold deposit. Limited historic exploration carried out by previous operators in the mid-1990's returned the following significant gold values from rock grab samples collected from the garimpos at Aurizona Regional:

159.91 g/t Au -- Iricuri Garimpo
18.77 g/t Au -- Areal Garimpo
76.35 g/t Au and 13.76 g/t Au -- Lim�o Garimpo

22.39 g/t Au -- Agua Boa Garimpo

(To view the plan map showing the locations of the permits and garimpos please click on: http://www.lunagold.com/i/maps/AUR_Regional_Targets_220208.pdf)

These results are historic (pre-NI 43-101) and do not form part of a representative sampling program.

Tim Searcy, Luna's CEO, comments "Luna Gold now controls a total of 70,000 ha in the region. All areas are 100% owned by Luna Gold and the granting of these areas provides the Company with control over a prospective gold province in an area of excellent infrastructure which has seen minimal modern-day exploration."

The Aurizona Regional project is located within the São Luís Craton, southeast of the Guyana shield, which hosts several major gold deposits including Las Cristinas and Omai. Geologic reconstruction of the continents places the São Luís Craton in close proximity to the Birimian Gold Belt of West Africa. Strong geologic and structural similarities exist between the São Luís Craton and the Guyana shield and West African Craton. The area is characterized by low relief and an extensive sedimentary cover sequence with deep weathering profiles. A total of 22 gold garimpos occur within the project area. Historic exploration in these areas was limited to soil and rock sampling, auger drilling and some shallow reconnaissance drill holes.

Luna's Exploration Manager, Dr. Titus Haggan states "Aurizona Regional has been consolidated over the past six months via a prioritization process involving the selection of historic gold geochemical anomalies associated with garimpeiro workings and major structural lineaments. An exploration program, in the second half of 2008, is being planned to assess the potential of Aurizona Regional to host economic gold deposits."

About Luna Gold Corp
Luna is a mining exploration company focused on the acquisition, exploration, and development of gold resources and advanced stage gold exploration projects in northeastern Brazil.

On behalf of the Board of Directors

LUNA GOLD CORP.

Tim Searcy, P. Geo. -- 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.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Qualified Person
Titus Haggan Ph.D., EurGeol Certified Professional Geologist #746, Luna's Brazil Exploration Manager is the Qualified Person as defined under National Instrument 43-101 responsible for the scientific and technical work on the exploration program and has reviewed the technical disclosure in this press 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
Statements in this release that are 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. 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. Luna Gold does not assume the obligation to update any forward-looking statement.

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