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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 MarketMakersson Jul 09, 2024 4:24pm
126 Views
Post# 36125060

LUCA Welcomes Dan Barnholden as CEO

LUCA Welcomes Dan Barnholden as CEO

Today, LUCA Mining (LUCA.v, LUCMF) welcomed Dan Barnholden as the company's CEO, effective July 15th, 2024.

 

Barnholden is a seasoned professional with over 20 years of experience in senior mining investment and banking roles as well as having advised dozens of companies on mergers, acquisitions and other financial, strategic and governance matters.

 

LUCA Chairman, David Rhodes, commented:

His extensive background in mergers and acquisitions and financial markets will provide invaluable expertise as we strive to enhance our strategic initiatives and operational efficiency. Dan's proven track record aligns with our vision of transforming Luca into a prominent mid-tier company. We are confident that his leadership will steer us towards new heights of success and industry recognition.

 

Emphasizing LUCA's position at an exciting juncture as Campo Morado continues to increase production and Tahuehueto moves to declaring commercial production, Barnholden commented:

I believe that Luca represents a unique opportunity to apply my skill set to create significant value for all stakeholders and I couldn't be more excited to work with the fabulous team of professionals already in place at the Board and management level"

 

Ramon Perez, who has served as interim CEO for the past 4 months will return to his role as President, working closely with Barnholden to optimize operations at Campo Morado and achieve commercial production at Tahuehueto.

 

In producing gold, silver, copper, zinc, and lead from two operating mines, LUCA provides significant diversification to a range of vital metals in our current economy and is currently trending towards quarterly revenues of around $140-$145 million this year.

 

Full News Release: https://lucamining.com/press-release/?qmodStoryID=7663350013085735

 

Posted on Behalf of Luca Mining Corp.


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