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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.


TSXV:LUCA - Post by User

Luca Mining Corp
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Post by Alexandchoyon Oct 01, 2024 4:06pm
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Post# 36248966

100K Oz gold eq production next year! big numbers small mcap

100K Oz gold eq production next year! big numbers small mcap

Aiming to ramp up production to 100K GOLD eq Oz in 2025 at two producing mines

 

At $2685/Oz Gold spot price that’s $268M in revenue per year. Current mcap is $77.21M

 

Multi-mine strategy ensures long-term production growth

At $0.45 after sell off from recent raise this looks good. 

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