Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Sep 10, 2024 6:06pm
84 Views
Post# 36217559

Producing 60,000-70,000 AgEq Oz

Producing 60,000-70,000 AgEq Oz

Operating two polymetallic producing mines, LUCA Mining (LUCA.v, LUCMF) provides a natural hedge with gold, copper, silver, zinc, and lead amid ongoing exploration and improvement efforts.

 

The company is set to produce 60,000–70,000 gold equivalent ounces from both mines, with estimated revenues ranging between $90 million and $105 million.

 

In Mexico's Guerrero State, LUCA's Camp Morado is a polymetallic VMS deposit producing zinc, copper, gold, and silver. LUCA plans to sell three different concentrates before year-end, targeting production of 35,000–40,000 gold equivalent ounces.

 

Additionally, LUCA's newly developed Tahuehueto Mine in Durango State is ramping up to commercial production, aiming for 25,000–30,000 gold equivalent ounces in 2024.

 

Latest News Release: https://lucamining.com/press-release/?qmodStoryID=8245934303120349

 

Posted on Behalf of Luca Mining Corp.

<< Previous
Bullboard Posts
Next >>