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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

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Post by MarketMakersson Dec 20, 2024 7:26pm
61 Views
Post# 36373150

LUCA to Declare Commercial Production at Tahuehue to Mine

LUCA to Declare Commercial Production at Tahuehue to Mine

Transitioning to becoming a fully commissioned and operational mine, Luca Mining (LUCA.v, LUCMF) is aiming to declare commercial production at its Tahuehueto Mine in Mexico in 2025: https://x.com/LucaMining/status/1868687777102963014

 

This comes in addition to LUCA's Campo Morado mine where the focus is on ramping up production to 2,000 tons per day by year-end and 2,400 tons per day by 2025.

 

Aiming to produce 100,000 ounces of gold equivalent in 2025 while reducing costs and improving efficiency, LUCA has a clear strategy, solid balance sheet, and an experienced team, positioning them to significantly increase its market value, cash flow, and production profile over the coming years.

 

For more information, refer to this detailed summary of the presentation: https://x.com/TheTSXDude/status/1866942573304283369

 

Posted on Behalf of Luca Mining Corp.

 

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