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.