Ongoing Exploration & Improvement Work at 2 Producing Mines With gold, copper, silver, zinc and lead, LUCA Mining's (LUCA.v LUCMF) two polymetallic producing mines offer a built-in hedge amid ongoing exploration and improvement work at the projects.
In producing from both mines, LUCA is produce 60,000–70,000 ounces, with estimated reveue between $90 million and $105 million.
Located in Mexico's Guerrero State, LUCA's Camp Morado is a polymetallic VMS deposit that produces zinc, copper, gold and silver and LUCA has plans to sell three different concentrates before year end with a production goal of 35,000 to 40,000 gold equivalent ounces.
LUCA's Tahuehueto Mine is a brand new mine in Durango State where LUCA is ramping up to commercial production with the goal of producing 25,000 to 30,000 gold equivalent ounces in 2024.
Having recently announced a round of funding, LUCA will be well funded for it's exploratory and improvement programs targeting the doubling production from both assets by next year.
Latest News Release: https://lucamining.com/press-release/?qmodStoryID=8245934303120349
Posted on Behalf of Luca Mining Corp.