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 > Warrant holders

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Comment by okgonowon May 30, 2024 11:49am

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Post# 36064538

RE:RE:Warrant holders

diggin78 wrote: Exactly. It's baffling. And on top of that, with silver higher now, they will make significantly more next quarter even with production remaining flat, which it probably won't. They got 23 dollars per ounce first quarter and that should be around 30 per ounce 2nd quarter. That's around an extra 1.5 million in profit.

and they are getting closer to separating the copper and lead which will also lead to higher revenue with separate concentrates

everything coming together by the looks of it

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They started in video game investing, now they serve high net worth traders