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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

Post by StanOson Feb 01, 2023 6:10pm
303 Views
Post# 35260894

House cleaning completed

House cleaning completedAlthough I thought the company should have replaced the COO as all of the problems seemed to be related to opperations (I still think he did little to help Altaley), significant changes have been made throughout the opperations side of Altaley. The changes that have been made are truely significant. Brininging in an outside engineering firm to review the opperations and making the recommended changes should hopefully move this company forward. We will see if changes to the mill and targeting higher value copper ore will impact the bottom line this quarter at Campo Morado. IMHO I believe that we should see this stock should start to move.

GLTA


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