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 > LUCA Reports Strong Q1 2024 Results with Net Income of $7.3M

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Comment by okgonowon May 31, 2024 9:32am

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Post# 36066058

RE:LUCA Reports Strong Q1 2024 Results with Net Income of $7.3M

if you look at the table they held back some oz didnt sell all produced (prob in anticipation of higher prices)

av price for gold sold was just over $2000 so add 250 to 300 an oz next Q ( 700 oz not sold)
same with silver only got $22.99 its over $30 now (50k oz not sold)
copper sold at $8479 per ton 250 ton of copper held back ( copper now at $10016 per t)
and zink sold at $2156 per t 1000t held back and( price is now $3000 per t )

so Gold extra $175000
silver extra $ 450000
copper extra $375000
zink an extra $800000

if my math is correct that would add on top $ 1.8mill to Q2 numbers if they sold everything they held back

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