VANCOUVER, BC--(Marketwired - October 03, 2016) - Luna Gold Corp. (TSX: LGC) ("Luna") is pleased to announce the appointment of Ms. Rhylin Bailie as Vice President, Investor Relations, effective October 10, 2016.

Ms. Bailie brings a diverse skill set and more than 20 years of resource industry experience to her position with Luna. For the past five years Ms. Bailie has managed all aspects of investor relations for a number of resource companies managed by J. Proust & Associates. Ms. Bailie was Vice President, Communications & Investor Relations for Southern Arc Minerals, Sandspring Resources, Eagle Hill Exploration, New Zealand Energy and CarbonOne Technologies. Ms. Bailie played an important role in the initial public offerings of New Zealand Energy and CarbonOne Technologies, and assisted in the spin-out of a Southern Arc Minerals subsidiary into the newly launched Japan Gold Corp.

Prior to her most recent role, Ms. Bailie was director of investor relations for NovaGold Resources, a TSX and NYSE-MKT listed company that successfully navigated a number of corporate events, including a hostile takeover bid and the shutdown of two projects. Before joining NovaGold, Ms. Bailie held various positions in the Treasury group at Placer Dome from 1995 to 2006. Ms. Bailie has also worked as a freelance editor and writer, providing investor relations consulting and writing services to smaller resource companies.

Ms. Bailie is a graduate of the University of Waterloo, Ontario, where she completed a Bachelor of Environmental Studies degree with a double major in Resource Studies and Biology and a minor in English. Ms. Bailie used her environmental background to introduce a number of initiatives at NovaGold, including a head office health and safety program and sustainability reporting. She is a director on the National Board of the Canadian Investor Relations Institute.

Christian Milau, CEO, stated, "I am very pleased to announce Rhylin's appointment to the Luna Gold team. Rhylin's understanding of both the capital markets and technical side of the mining industry will be helpful as we communicate our new Aurizona Mine plan to the market. Rhylin's background with community relations and sustainability will also be important as we work to get the Aurizona Mine back into production in 2018."

About Luna Gold Corp.

Luna is engaged in the exploration and redevelopment of its past producing Aurizona Gold Mine, which was placed on care and maintenance in 2015.

On behalf of the Company

"Christian Milau"

LUNA GOLD CORP.

Christian Milau, Chief Executive Officer and Director

Website: www.lunagold.com