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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 Dec 13, 2024 12:33pm
73 Views
Post# 36361243

LUCA Appoints First Majestic Silver President as CTO

LUCA Appoints First Majestic Silver President as CTOTODAY: Highly Experience Mining Executive From First Majestic Silver Joins Luca Mining (LUCA.v, LUCMF)
 
Today, mid-tier producer Luca Mining (LUCA.v, LUCMF) announced the appointment of Mr. Ramon Mendoza Reyes, P.Eng., as Chief Technical Officer (CTO) to lead the company's technical and growth initiatives.
 
With over 35 years of mining industry experience including several years as a member of the senior leadership team at First Majestic Silver, Mendoza has a successful track record of managing a variety of projects in the Mexican mining sector with expertise in mine development, process optimization, and managing large-scale mining operations.
 
His accomplishments include doubling metal output through strategic mine acquisitions, leading the development of the Ermitao Mine from discovery to operation in under five years, and optimizing operations across multiple assets.
 
Expressing confidence in Mr. Mendoza's ability to enhance Luca's senior leadership and contribute to expanding resources, increasing production, and achieving financial goals, LUCA's CEO Dan Barnholden commented:
"Luca is entering a new and exciting growth phase which is enabling us to attract top talent from the mining industry and we are delighted to welcome Mr. Mendoza to our team.  His exceptional expertise further enhances our senior leadership as we continue to build a team capable of maximizing the potential of our cash-flowing assets.  With the right people and strategy in place, we are well-positioned to execute our growth plans, which include expanding our resource base, increasing production, and achieving our cash flow and share price performance goals."
 
Targeting three pillars of value creation, optimization, exploration, and expansion, LUCA has emerged as a transformative player in Mexico's mining sector having had an extremely productive 2024 at its two operating mines, Campo Morado and Tahuehueto, which are set to reach full production by 2025.
 
Full News Release: https://lucamining.com/press-release/?qmodStoryID=5626657242283183
 
Posted on Behalf of Luca Mining Corp.

 

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