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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 CTM1967on Jun 02, 2022 12:56pm
130 Views
Post# 34726940

RE:RE:RE:RE:RE:Q1 on sedar

RE:RE:RE:RE:RE:Q1 on sedarChallenging Q1/22 at Campo Morado; Better Quarters Ahead Taylor Combaluzier | Mining Analyst research@redcloudsecurities.com Financial Results June 2, 2022 Impact: Neutral Altaley reported financial and full operating results for Q1/22. Results this quarter were below expectations due to mechanical issues at Campo Morado, which substantially reduced operating profit and increased costs. However, the company reported that these issues are resolved, and the mine plan is to process increased grade mill feed while achieving better Zn recoveries. https://cdn-ceo-ca.s3.amazonaws.com/1h9hhk7-20220601-ATLY-Financials.pdf
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