Luca Mining Corp V.LUCA

LUCA gets Top 5 Spot in 2025 OTCQX Best 50

[1StockInformer]

Yesterday, Luca Mining Corp. (Ticker: LUCA.v or LUCMF for US investors) was named in OTCQX Best 50 for 2025, a prestigious ranking of top-performing companies on the OTCQX Best Market.

The ranking, determined by one-year total return and average daily dollar volume growth, recognizes Luca’s strong performance in 2024. CEO Dan Barnholden expressed pride in achieving a top 5 position and highlighted the company's focus on delivering shareholder value, positioning 2025 as a transformative year with production growth, cash flow increases, and ambitious exploration programs.

Two High-Performance Mines Driving Growth

Luca operates two fully permitted mines in Mexico's prolific Sierra Madre mineralized belt, known for its extensive mining activity:  

• Campo Morado Mine (Guerrero State):  

  • A volcanogenic massive sulfide (VMS) deposit producing copper, zinc, and lead concentrates with precious metals credits.  

  • Undergoing optimization to improve recoveries, grades, and cash flow.  

  • Targeting an increase in throughput from 2,000 tonnes per day (tpd) to 2,400 tpd by mid-2025.  

  • Recent upgrades improved copper recovery from 40% to 70%, with additional enhancements planned to introduce a three-concentrate system.  

  • Exploration has identified 38 high-priority targets, with drilling set to begin on four in early 2025.

• Tahuehueto Mine (Durango State):  

  • An epithermal gold and silver mine nearing full commissioning, with commercial production expected in early 2025.  

  • Anticipated to produce 30,000 gold equivalent ounces (AuEq) in 2025 at an all-in sustaining cost (AISC) of ~$1,800/oz.  

  • Exploration focuses on untested veins, with step-out drilling planned to evaluate its multi-million-ounce potential.

Balanced Revenue Streams and 2025 Goals

Revenues from Campo Morado and Tahuehueto are split roughly 50/50 between precious and base metals, aligning with favorable pricing trends in gold and zinc. Barnholden also set an ambitious production goal of 80,000–100,000 AuEq ounces for 2025, supported by disciplined execution and significant resource expansion efforts.

With its dual-mine portfolio, exploration initiatives, and a clear path to becoming debt-free, Luca Mining is well-positioned to deliver on its vision for growth and shareholder value.

Full news here: https://lucamining.com/press-release/?qmodStoryID=7944450444944486

Posted on behalf of Luca Mining Corp.