Today, Luca Mining Corp. (TSXV: LUCA, OTCQX: LUCMF, Frankfurt: Z68), a Canadian mining company with two cash-flowing operations in Mexico, announced the appointment of Ramon Mendoza Reyes, P.Eng., as Chief Technical Officer (CTO). Mr. Mendoza brings over 35 years of expertise in mine development, optimization, and management to Luca, further strengthening the company’s leadership team as it enters a new growth phase.
Company Overview
Luca Mining operates two fully owned mines in Mexico's prolific Sierra Madre mineralized belt:
With these assets, Luca projects production of 80,000–100,000 gold equivalent ounces in 2025, underpinned by ongoing exploration and expansion efforts..
Mendoza's Industry Expertise
Mr. Mendoza has a proven track record in Mexico’s mining sector, having led transformative initiatives in both underground and open-pit operations. His career includes key roles at First Majestic Silver Corp., where he oversaw resource estimation, exploration, mine design, and project delivery. Notably, he played a critical role in bringing the Ermitao Mine into operation within five years of its discovery and doubled annual metal output through strategic acquisitions.
His experience includes:
-
Managing five mining operations with over 4,000 employees.
-
Successfully integrating geology, mining, and metallurgy teams for optimized production.
-
Leading six major projects to improve processing plants and implement cleaner energy infrastructure.
Commenting on his new role, Mr. Mendoza said, "I am very pleased to join Luca Mining as their new CTO. Luca is on a strong growth track, and I look forward to contributing to the experienced team. We will deliver significant value from the Tahuehueto and Campo Morado mines going forward."
Strategic Growth Plans
CEO Dan Barnholden welcomed Mr. Mendoza, emphasizing Luca’s commitment to attracting top talent to advance its goals. Barnholden noted, “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.”
With a focus on operational excellence and resource growth, Luca Mining is well-positioned to unlock further value from its Mexican mining operations. Upcoming development for LUCA and its project include:
-
Optimization at Campo Morado, targeting a ramp-up to 2,400 tpd by mid-2025.
-
Exploration campaigns aimed at doubling resources, with drilling at Campo Morado beginning in early 2025.
-
Debt repayment plans accelerated to July 2025, supported by strong cash flow
Full news here: https://lucamining.com/press-release/?qmodStoryID=5626657242283183
Posted on behalf of Luca Mining Corp.