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Luca Mining Corp V.LUCA

Alternate Symbol(s):  LUCMF

Luca Mining Corp. is a diversified Canadian mining company with two 100%-owned producing mines in Mexico. It produces gold, silver, zinc, copper and lead from these mines that each have considerable development and resource upside. Its operations include Tahuehueto and Campo Morado. Tahuehueto project is in the northwest portion of the state of Durango, about 250 kilometers (km) northwest of Durango, the state capital, and 160 km northeast of the city of Culiacan, Sinaloa. The project is located about 25 km north of the Topia polymetallic-silver mine, 40 km northwest of the La Cienega gold, silver, base metal mine, 85 km southwest of the Guanacevi silver district, 280 km southeast of the Palmarejo silver and gold mine, and 150 km northwest of the San Dimas mining district, notable for the Tayoltita silver and gold mine. Campo Morado is a polymetallic underground operation located in the state of Guerrero, Mexico. It produces copper-zinc-lead concentrates with precious metals credits.


TSXV:LUCA - Post by User

Comment by lscfaon May 30, 2022 11:58pm
152 Views
Post# 34718918

RE:Q1 on sedar

RE:Q1 on sedarThe overall performance of Campo Morado has improved quarter over quarter through during the last 21 months leading up to 2022 as a result of various initiatives to improve mining and ore production as well as other cost reduction initiatives. When comparing the three months ended March 31, 2022 and 2021, plant production remained consistent, increasing marginally from 174,382 tonnes processed in the three months ended March 31, 2021 to 176,610 tonnes processed in the three months ended March 31, 2022. Although plant production remained stable, lower realized grades and recoveries from the processed minerals and increasing treatment charges resulted lower miner operating income during Q1-2022 in comparison to Q1-2021.
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