Luca Mining Corp. (LUCA.v or LUCMF for US investors), a Canadian company operating two fully owned mining assets in Mexico, recently announced the appointment of Ramon Mendoza Reyes, P.Eng., as its Chief Technical Officer (CTO). With over 35 years of expertise in mine development and optimization, Mr. Mendoza is set to bolster Luca’s leadership team as the company pursues significant growth.
Luca Mining's Operations in Mexico
The company operates in the Sierra Madre mineralized belt, managing two key assets:
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Campo Morado Mine in Guerrero State, a polymetallic operation producing copper-zinc-lead concentrates with precious metals credits. Current efforts focus on optimizing recoveries, grades, and cash flow.
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Tahuehueto Mine in Durango State, a gold-silver project advancing toward commercial production, expected by early 2025.
These mines position Luca Mining to achieve 2025 production targets of 80,000–100,000 gold equivalent ounces, supported by exploration and operational improvements.
Ramon Mendoza’s Impactful Career
Ramon Mendoza has overseen five mining operations with 4,000+ employees and led six major projects to enhance processing plants and implement cleaner energy solutions.
He has held key leadership roles in Mexico’s mining sector, including at First Majestic Silver Corp., where he played an instrumental role in bringing the Ermitao Mine to operation within five years of its discovery.
Mendoza's strategic initiatives have consistently driven operational success, such as doubling annual metal output through acquisitions and managing integrated geology, mining, and metallurgy teams.
Strategic Direction
Luca Mining’s CEO, Dan Barnholden, emphasized the importance of experienced leadership in achieving the company’s goals.
With Mendoza’s appointment, Luca aims to scale Campo Morado’s processing capacity to 2,400 tpd by mid-2025, launch exploration campaigns in 2025 to potentially double resources and accelerate debt repayment timelines.
More here: https://lucamining.com/press-release/?qmodStoryID=5626657242283183
Posted on behalf of Luca Mining Corp.