Luminex Resources Corp. (TSXV: LR) has planned a 4,500m drilling program at Orquideas with First Quantum Minerals.

Drilling will begin at the two southernmost targets where 2018 IP results defined the most chargeable zone, which further coincides with a low aeromagnetic signature from historic data.

In addition, the favorable porphyry geochemical characteristics of the Southern Target are matched by the occurrences of peripheral gold-bearing vein systems.

 Luminex anticipates that the results of drilling will be released during the third quarter of 2019.

Orquideas is a porphyry copper and molybdenum mineralized system hosted in phases of the mid Jurassic Zamora Batholith. The exploration project is located 40km south of Lundin Gold’s Fruta Del Norte epithermal gold and silver mine.

The geochemical footprint of Orquideas extends northwest by southeast for 5.5km and is 2km wide. Although first discovered in the mid nineties, Luminex and First Quantum have significantly refined the geological model of Orquideas through rock and soil sampling, geological mapping and radiometric test work, as well as approximately 43 km of Induced Polarization survey work between 2017 and 2018.

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