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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 16, 2024 6:11pm
75 Views
Post# 36365170

LUCA CEO on the KE Report

LUCA CEO on the KE Report Operational Updates and 2025 Forecasts At Campo Morado and Tahuehueto, Major Focus On Production Growth And Exploration - Luca Mining (LUCA.v, LUCMF) on the KE Report
 
Joining the KE Report, Luca Mining's  (LUCA.v, LUCMF) CEO, Dan Barnholden, provided updates on the company's progress and future plans at its Campo Morado and Tahuehueto mines: https://www.kereport.com/2024/12/13/luca-mining-operational-updates-and-2025-forecasts-at-campo-morado-and-tahuehueto-major-focus-on-production-growth-and-exploration/
 
At Campo Morado, the focus is on ramping up production to 2,000 tons per day by year-end and 2,400 tons per day by 2025, supported by new exploration to add higher-grade resources and optimize mill recoveries for a production boost in 2025.
 
At Tahuehueto, exploration has resumed for the first time since 2013, with efforts underway to achieve consistent production and full mill capacity, aiming to declare commercial production by January.
 
Financially, the company is prioritizing cost management, debt reduction, and potential shareholder returns through growth investments, buybacks, or dividends, with the goal of becoming debt-free soon.
 
Having recently appointed a highly experienced mining executive from First Majestic Silver, Mr. Ramon Mendoza Reyes, P.Eng., as Chief Technical Officer to lead the company's technical and growth initiatives, LUCA is entering a new growth phase, targeting three pillars of value creation, optimization, exploration, and expansion: https://x.com/StckMasterFlash/status/1867657147800047704

Posted on Behalf of Luca Mining Corp.
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