Luca Mining Corp V.LUCA

Alternate Symbol(s): LUCMF

Metals & Mining Industrial Metals & Minerals

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.

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Luca Mining Corp > PDAC

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Post by Spikearoo1on Feb 23, 2023 7:57am

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Post# 35300176

PDAC

Anyone going to PDAC in Toronto to meet the new CEO in person?

I was thinking about it. May be good to chat him up in detail about this and see what further insight he can provide.

Assuming he can get this thing turned around in 2023 we could see a great improvement in the share price. Tempting to add at this price level but concerns exist around if they have enough funds to get the 2nd mine up to proposed capacity of 1000 TPD.

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Cannara reports record growth and profitability in Q4 2023