Luna Gold Corp Named as Part of 2010 TSX Venture 50

VANCOUVER , Feb. 5 /CNW/ - TSX Venture Exchange today announced that Luna Gold Corp. (TSXV-LGC) has been named as one of the TSX Venture 50, a ranking of strong performers listed on TSX Venture Exchange. TSX Venture 50 is comprised of 10 emerging companies in five industry sectors that have been identified as leaders in Canada's public venture market.

"We are extremely pleased to be one of the ten mining companies named as part of this year's TSX Venture 50," said Jim Bahan, Luna Gold President and CEO, "Being included in this elite group of companies is a clear reflection on the progress we have been making in the development of our Aurizona gold project."

The 2010 TSX Venture 50 were selected based on four equally weighted criteria that include return on investment, trading, analyst coverage and market capitalization growth in Cleantech, Diversified Industries, Mining, Oil & Gas and Technology and Life Sciences sectors.

"We are pleased to celebrate the 2010 TSX Venture 50," said John McCoach, President, TSX Venture Exchange. "These outstanding companies are proven leaders in their respective sectors and we are proud to have them listed on TSX Venture Exchange. We wish them all continued success."

About Luna Gold Corp.

Luna is a mineral exploration and development company engaged in the acquisition, exploration, and development of gold resources and advanced stage gold exploration projects in Brazil . The company is currently developing its Aurizona gold project in Maranhao, Brazil .

The information contained herein is for information purposes only and is not an invitation to purchase securities listed on TSX Venture Exchange and/or Toronto Stock Exchange. TMX Group Inc. and its affiliates do not endorse or recommend any securities referenced. Neither TMX Group Inc. nor its affiliated companies represents, warrants or guarantees the accuracy or the completeness of the information. You should not rely on the information contained herein for any trading, business or financial purposes. TMX Group Inc. and its affiliates assume no liability for any errors or inaccuracies herein or any use or reliance upon this information.

For further information: Website: www.lunagold.com; Investor Relations at [phone] or toll free at 1-866-689-7317