Luca Mining Corporation (QX) (LUCMF) News

Luca Mining Corp. (LUCA.v, LUCMF) operates two mines in Mexico, producing gold, copper, zinc, silver, and lead. It aims to increase production at Campo Morado and Tahuehueto to 100,000 gold eq oz/year by 2025. Today, LUCA raised $11.3M to fund optimization efforts, exploration & mill commissioning with $500,000 and $450,000 investments from Rick Rule led Term Oil Inc and LUCA CEO, Dan Barnholden, respectively.
https://lucamining.com/press-release/?qmodStoryID=6691662991925432

*Posted on behalf of Luca Mining Corp.

Today, mid-tier producer Luca Mining (LUCA.v, LUCMF) has closed two successful financings, raising a total of $11.3 million which will be allocated toward exploration and improvement projects at the company's producing Campo Morado and Tahuehueto properties: https://lucamining.com/press-release/?qmodStoryID=6691662991925432

Notably, lead investors including Rick Rule who invested $500,000 and LUCA's CEO Dan Barnholden who invested $450,000.

Having secured $11.3 million in gross proceeds from its private placements, this mid-tier producer is well funded amid ongoing and future exploration and improvement projects at its two properties which are anticipated to generate $200-250 million in revenue by 2025: Mid-tier producer @LucaMining secured $11.3 million in gross proceeds from its private placements due to strong investor demand demand.$LUCA.v $LUCMF

Lead investors of the placement include:
1⃣Rick Rule who invested $500,000
2⃣ $LUCA's CEO Dan Barnholden who invested $450,000… https://t.co/iqfujKuuuu pic.twitter.com/C6Riw9vi9i— Stock Master Flash (@StckMasterFlash) September 24, 2024

Notably, the placements saw strong investor demand with lead investors including Rick Rule who invested $500,000.

Yesterday, Luca Mining (LUCA.v, LUCMF) announced the successful completion of its brokered private placement and increased the size of its concurrent non-brokered private placement due to strong demand, securing a total of C$11.3 million in gross proceeds with lead investors including Rick Rule who invested $500,000: https://www.newswire.ca/news-releases/luca-announces-total-combined-proceeds-of-life-offering-and-private-placement-now-c-11-3m-due-to-increase-of-non-brokered-private-placement-to-c-2-576-m--844730869.html

The financing will be allocated toward ongoing and future exploration and improvement projects at the company's producing Campo Morado and Tahuehueto properties which are anticipated to generate $200-250 million in revenue by 2025.

Today, mid-tier gold producer Luca Mining (LUCA.v or LUCMF) shared that it is set to raise C$11.3M after increasing its private placement due to high investor demand. Significant investments include C$450,000 from CEO Dan Barnholden and C$500,000 from Term Oil Inc., which is led by renowned mining investor Rick Rule. The funds will be used for improvements at the Campo Morado Mine, commissioning of the mill at the Tahuehueto mine and exploratory drilling at both projects.
https://www.newswire.ca/news-releases/luca-announces-total-combined-proceeds-of-life-offering-and-private-placement-now-c-11-3m-due-to-increase-of-non-brokered-private-placement-to-c-2-576-m--844730869.html

*Posted on behalf of Luca Mining Corp.

Luca Mining (LUCA.v, LUCMF) is "On the Path Towards 100,000 Gold Equivalent Ounces by 2025" from its two key assets in Mexico, the producing Campo Morado and near-term producing Tahuehueto: On Path Towards 100,000 #Gold Equivalent Ounces by 2025⭐️ $LUCA.v $LUCMF
🔽Summary of @LucaMining on @CruxInvestor 🔽

With 2 key assets in Mexico, the producing Campo Morado & near-term producing Tahuehueto, $LUCA is targeting over 100,000 AuEq Oz of combined production by 2025:… https://t.co/4SFOGuwoYL pic.twitter.com/maa3NjodT1— Stock Master Flash (@StckMasterFlash) September 17, 2024

Providing a natural hedge gold, copper, silver, zinc, and lead the junior gold and base metals producer has efforts underway to boost mining rates at both assets with the potential to double its resource base and extend its mine life.

As highlighted in a recent video update, Luca Mining (LUCA.v LUCMF) had a strong 2nd quarter, with revenue and net earnings increasing 49% & 217% YoY respectively.

In the same time period, Gold Eq production expanded at both LUCA's Campo Morado and Tahuehueto mines. CEO Dan Barnholden expects continued significant future output growth, aiming to produce 100,000+ Au Eq oz in 2025. Full video breakdown here⬇️
https://www.reddit.com/r/wallstreetsmallcaps/comments/1fd440s/luca_mining_lucav_lucmf_reports_record_q2_2024/

With two key assets in Mexico, the producing Campo Morado and near-term producing Tahuehueto, LUCA Mining (LUCA.v, LUCMF) is a junior gold and base metals producer on track to produce 100,000 gold equivalent ounces by 2025 and provides a natural hedge with gold, copper, silver, zinc, and lead amid ongoing exploration and improvement efforts: On Path Towards 100,000 #Gold Equivalent Ounces by 2025⭐️ $LUCA.v $LUCMF
🔽Summary of @LucaMining on @CruxInvestor 🔽

With 2 key assets in Mexico, the producing Campo Morado & near-term producing Tahuehueto, $LUCA is targeting over 100,000 AuEq Oz of combined production by 2025:… https://t.co/4SFOGuwoYL pic.twitter.com/maa3NjodT1— Stock Master Flash (@StckMasterFlash) September 17, 2024

On Path Towards 100,000 Gold Equivalent Ounces by 2025 - CruxInvestor Feature on LUCA Mining (LUCA.v, LUCMF): https://www.cruxinvestor.com/posts/luca-mining-two-producing-assets-in-mexico-on-path-towards-100-000-gold-equivalent-ounces-by-2025

With two key assets in Mexico, the producing Campo Morado and near-term producing Tahuehueto, LUCA is a junior gold and base metals producer that provides a natural hedge with gold, copper, silver, zinc, and lead amid ongoing exploration and improvement efforts.

This has so much more green to come...

Mid-tier gold producer, Luca Mining (LUCA.v LUCMF), recently reported record Q2 financials w/ net revenue of $18.2M, a 49% YoY increase & 217% earnings growth. LUCA recently raised $10M for continued development & expansion, targeting annual production of 100,000 AuEq oz in 2025. Full news summary⬇️
https://www.reddit.com/r/Wallstreetbetsnew/comments/1ffgu3o/midteir_gold_eq_producer_luca_mining_corp_lucav/

Luca Mining Corp. (LUCA.v LUCMF) reported record Q2 2024 financials with a 49% revenue increase and 217% earnings growth. The company is advancing key projects in Mexico, aiming to produce over 100,000 gold equivalent ounces in 2025. W/ significant investor demand, LUCA is raising C$10M to support ongoing operations & expansion. Full press releases: https://lucamining.com/press-release

*Posted on behalf of Luca Mining Corp

Luca Mining Corp. (LUCA.v LUCMF) reported record Q2 '24 financials w/ net revenue of $18.2M, a 49% increase year-over-year. Positive net earnings reached $4.7M, up 217%. The company produced 14,000 gold equivalent oz. Updates on projects show growth potential. *Posted on behalf of Luca Mining Corp.

Operating two polymetallic producing mines, LUCA Mining (LUCA.v, LUCMF) provides a natural hedge with gold, copper, silver, zinc, and lead amid ongoing exploration and improvement efforts which are set to double production from its assets by next year: https://www.reddit.com/r/RichTogether/comments/1f4e8ya/luca_mining_tsxv_luca_is_showing_impressive/

On track to double production from both of its producing assets by next year, LUCA Mining's (LUCA.v LUCMF) Campo Morado and Tahuehueto Mines offer a build in hede by producing gold, copper, silver, zinc and lead: https://www.reddit.com/r/RichTogether/comments/1f4e8ya/luca_mining_tsxv_luca_is_showing_impressive/

Luca Mining (LUCA.v, LUCMF) reported record Q2 2024 financials in a CEO video update, with US$18.2M in revenue (49% YoY growth) and $4.7M in net earnings. Production updates at its Mexican mines include ramping up operations with the aim of producing 100,000 oz of gold equivalent in 2025
*Posted on behalf of Luca Mining Corp.

Gold Eq producer, Luca Mining Corp. (LUCA.v, LUCMF), recently reported record Q2 2024 revenue of US$18.2M, a 49% YoY increase. Net earnings surged 217% to US$4.7M, w/ EPS rising 130%. These results highlight the company's progress as it strives to advance and optimize its projects. LUCA has also started exploration across its projects with the aim of increasing its resources base and future production. Full DD and news breakdown here⬇️
https://www.reddit.com/r/SmallCapStocks/comments/1f980lt/financial_report_summary_midtier_gold_eq_producer/

Providing an update on the company's strong Q2 2024 financial performance, LUCA Mining (LUCA.v LUCMF) CEO, Dan Barnholden, detailed the key highlights including record net quarterly revenue in Q2 2024 of US$18.2 million, up 49% year-over-year :

Other highlights include achieving positive net income, positive EBITDA and positive Adjusted EBITDA for the second quarter in a row, as well as positive cash flow from operations, all of which are expected to continue.

Luca Mining Corp. (LUCA.v, LUCMF) recently reported strong financial results for Q2 2024, marking significant growth.
Q2 2024 revenue: US$18.2M (+49% YoY)
Net earnings: US$4.7M (+217%)
EPS: US$0.03 (+130%)
Tahuehueto mine: Full production by Q4 2024
Campo Morado mine: Ongoing improvements for growth in H2 2024

Full report: https://lucamining.com/press-release/?qmodStoryID=6421229754912224

*Posted on behalf of Luca Mining Corp.

Offering a built-in hedge by producing  gold, copper, silver, zinc and lead, LUCA Mining (LUCA.v LUCMF) recently reported record net quarterly revenue in Q2 2024 of US$18.2 million: https://www.reddit.com/r/RichTogether/comments/1f4e8ya/luca_mining_tsxv_luca_is_showing_impressive/

Achieving positive net income, positive EBITDA and positive adjusted EBITDA for the second quarter in a row as it ramps up production, LUCA is expected to continue this strong trend with the production of 60,000–70,000 ounces of gold equivalent this year and plans in place to double production from both assets by next year.

Mid-tier Gold Eq producer, Luca Mining Corp. (LUCA.v LUCMF), recently reported record net quarterly revenue of $18.2M in Q2 2024, a 49% increase from Q2 2023. LUCA also saw a 217% YoY rise in net earnings to $4.7M. Overall LUCA produced 13,947 troy oz of AuEq in Q2. Full results breakdown here⬇️
https://www.reddit.com/r/wallstreetsmallcaps/comments/1f5a8in/midtier_gold_eq_producer_luca_mining_corp_lucav/

Boasting polymetallic production including gold, copper, silver, zinc and lead, LUCA Mining (LUCA.v LUCMF) offers a built-in hedge with two producing mines, Campo Morado and Tahuehueto: Polymetallic production offers a built-in hedge for Luca Mining. Discover why a multi-metal strategy is a significant advantage for the company.$LUCA.V $LUCMF #Gold #Silver #Zinc #Lead #Copper #Mexico pic.twitter.com/plWPXIfyqE— Luca Mining Corp. (@LucaMining) September 3, 2024

Expected to produce 60,000–70,000 ounces of gold with plans in place to double production from both assets by next year, LUCA's multi-metal strategy provides a significant advantage for the company.

Yesterday, Luca Mining Corp. (LUCA.v, LUCMF) reported a record Q2 2024 net revenue of US$18.2M, up 49% YoY. The company, which produces gold, silver, zinc, copper, and lead from its 100%-owned Mexican mines, also saw a 217% rise in net earnings to US$4.7M, with significant growth expected in the second half of 2024.
https://lucamining.com/press-release/?qmodStoryID=6421229754912224

*Posted on behalf of Luca Mining Corp.

Reporting a record net quarterly revenue in Q2 2024 of US$18.2 million, up 49% year-over-year, mid-tier mining company, LUCA Mining (LUCA.v LUCMF) is on a strong trend, achieving positive net income, positive EBITDA and positive Adjusted EBITDA for the second quarter in a row as it ramps up to full capacity as its two producing mines: Today, @LucaMining, a mid-tier mining company with a $101M mcap, reported record net quarterly revenue in Q2 2024 of US$18.2 million, up 49% year-over-year.$LUCA.v $LUCMF

Record Quarterly Revenue:
➡️Q2 2024 net revenue reached US$18.2 million, a 49% increase from Q2 2023.… https://t.co/GaTbbvAdPd pic.twitter.com/cF6IC0Yi3l— Stock Master Flash (@StckMasterFlash) August 29, 2024

Today, LUCA Mining (LUCA.v LUCMF) reported record net quarterly revenue in Q2 2024 of US$18.2 million, up 49% year-over-year: https://lucamining.com/press-release/?qmodStoryID=6421229754912224

Other highlights include achieving positive net income, positive EBITDA and positive Adjusted EBITDA for the second quarter in a row, as well as positive cash flow from operations, all of which are expected to continue.

Luca Mining Corp. (LUCA.v) introduces new CEO Dan Barnholden, who outlines plans to boost Gold Eq production by 50% by 2025, enhance exploration, and strategically position the company as a significant mid-tier mining operation over the next 12 months & beyond.
*Posted on behalf of Luca Mining Corp.

Insightful video from LUCA Mining's (LUCA.v LUCMF) new CEO, Dan Barnholden, highlighting the company's recent milestones, including the completion of construction at Tahuehueto and exploration program details:

With a quick ramp-up in production expected at both mines, the mid-tier producer is on track for the production of 60,000-70,000 ounces of gold equivalent per year.

https://www.prnewswire.com/news-releases/luca-clarifies-trafigura-early-warning-report-302232082.html

Luca Mining (LUCA.v LUCMF) CEO, Dan Barnholden, highlights the Gold Eq Producer's plans to increase throughput to 2,400 tpd at their Campo Morado Mine and 1,000 tpd at their Tahuehueto Mine. These efforts support LUCA's goal to 2x production in 2025.
*Posted on behalf of Luca Mining Corp.

Economist and gold advocate Peter Schiff predicts that the gold mining sector will be the best-performing industry this decade, foreseeing a "major bull market" for precious metals. He emphasized that gold mining stocks are currently undervalued and expects them to rise significantly, even if gold prices remain stable. Schiff pointed out that gold recently hit a record high above $2,530, with many gold mining stocks reaching new 52-week highs. (Source: https://news.bitcoin.com/peter-schiff-expects-gold-mining-to-be-best-performing-sector-this-decade-foresees-major-bull-market/)

Expected to produce 60,000–70,000 ounces with plans in place to double production from both assets by next year, LUCA Mining (LUCA.v LUCMF) is operating two fully permitted mines in Mexico, Campo Morado and Tahuehueto: https://www.reddit.com/r/wallstreetsmallcaps/comments/1exam7x/midtier_gold_eq_producer_luca_mining_lucav/

Luca Mining's (LUCA.v LUCMF) recent investor update webinar highlighted the mid-tier producer's plans to boost throughput at its Campo Morado Gold Eq Mine to 2,400 tpd by 2025, and boost its Tahuehueto Mine's throughput to 1,000 tpd by year-end.


Overall, LUCA aims to double production by 2025. Full webinar summary here:
https://www.reddit.com/r/PennyStocksCanada/comments/1eywehd/video_summary_post_of_luca_mining_investor_update/

ICYMI, check out this summary thread of LUCA Mining's (LUCA.v LUCMF) latest webinar detailing its optimization, exploration and expansion plans: Optimization, Exploration & Expansion - @LucaMining Webinar Summary Thread with @adelaide_cap ⬇️$LUCA.v $LUCMF

Operating two fully permitted mines in Mexico, Campo Morado and Tahuehueto, $LUCA is focused on optimization, exploration, and expansion to significantly increase… https://t.co/HjKqo5olyU pic.twitter.com/17mqJM7YCt— Stock Master Flash (@StckMasterFlash) August 13, 2024

Expected to produce 60,000–70,000 ounces with plans in place to double production from both assets by next year, the mid-tier producer is operating two fully permitted mines in Mexico, Campo Morado and Tahuehueto

In a recent webinar, Luca Mining's CEO provided an update on the company’s mid-tier gold equivalent production, outlining plans to double output by 2025. Overall, LUCA.v aims to increase its gold equivalent production to 200,000 ounces, positioning itself for significant growth in the coming years.

Posted on behalf of Luca Mining Corp.

High-level presentation from Ausenco on "How to Transform your Mining Project" that uses LUCA Mining's (LUCA.v LUCMF) Campo Morado as a success story:

Located in Mexico's Guerrero State, LUCA's Campo Morado is a polymetallic VMS deposit that produces zinc, copper, gold and silver with a production goal of 35,000 to 40,000 gold equivalent ounces in 2024. This puts the mid-tier producer on a path to produce 60,000–70,000 ounces from its two producing assets this year.

High-level presentation from Ausenco on "How to Transform your Mining Project" that uses LUCA Mining's (LUCA.v LUCMF) Campo Morado as a success story:

Located in Mexico's Guerrero State, LUCA's Campo Morado is a polymetallic VMS deposit that produces zinc, copper, gold and silver with a production goal of 35,000 to 40,000 gold equivalent ounces in 2024. This puts the mid-tier producer on a path to produce 60,000–70,000 ounces from its two producing assets this year.

Luca Mining's (LUCA.v LUCMF) production guidance for 2024 is between 60k-70k of Gold Eq. + The mid-tire producer is enhancing production capacity at its Campo Morado mine, aiming to boost mill throughput to 2,000 tpd by year-end and 2,400 tpd in 2025. Full DD & news breakdown here⬇️
https://www.reddit.com/r/wallstreetsmallcaps/comments/1exam7x/midtier_gold_eq_producer_luca_mining_lucav/

Mid-tier producer, Luca Mining Corp. (LUCA.v LUCMF) is partnering with a prominent mining contractor for core mining operations at its Campo Morado Gold Eq Mine, to enhance production and efficiency. The company aims to increase mill throughput from 1,400-1,600 tpd to 2,000 tpd by year-end, targeting 2,400 tpd in 2025. More⬇️
https://lucamining.com/press-release/?qmodStoryID=4579509354745924

*Posted on behalf of Luca Mining Corp.

Today, gold prices surged to a new high, reaching $2,564.60, driven by bullish charts and strong safe-haven demand, particularly from China, where traders are buying gold in anticipation of a weaker U.S. dollar and in response to economic challenges. (Source: https://www.kitco.com/news/article/2024-08-20/gold-price-hits-another-record-high-chinese-demand)

Targeting the production of 60,000–70,000 ounces of gold equivalent this year, LUCA Mining's (LUCA.v LUCMF) two fully permitted and operating mines, Tahuehueto and Campo Morado, position the company to benefit from rising metal prices and the increasing global demand for precious and base metals: https://www.reddit.com/r/smallstreetbets/comments/1etagtq/luca_mining_corp_lucav_strengthens_gold_eq/

Gold prices reached a new all-time high of $2,549.90 an ounce, marking a 20% gain year-to-date, driven by disappointing U.S. economic data that raised hopes for deeper Federal Reserve rate cuts. (Source: https://www.mining.com/want-to-capitalize-on-all-time-high-gold-price-you-could-be-in-business-by-2040/)

Providing steady cash flow and growth opportunities as it nears the production of 60,000–70,000 ounces, LUCA Mining's (LUCA.v LUCMF) Tahuehueto and Campo Morado position the company to benefit from rising metal prices and the increasing global demand for precious and base metals: Optimization, Exploration & Expansion - @LucaMining Webinar Summary Thread with @adelaide_cap ⬇️$LUCA.v $LUCMF

Operating two fully permitted mines in Mexico, Campo Morado and Tahuehueto, $LUCA is focused on optimization, exploration, and expansion to significantly increase… https://t.co/HjKqo5olyU pic.twitter.com/17mqJM7YCt— Stock Master Flash (@StckMasterFlash) August 13, 2024

Gold is continuing to drive higher amid safe haven buying and rising geopolitical tensions, reaching a new all-time high driven. Having broken out of its recent trading range, signaling a potential continuation of its longer-term bullish trend, gold could aim for another new all time high around $2,550. (Source: https://www.fxstreet.com/news/gold-retreats-from-chart-resistance-after-release-of-upbeat-us-data-202408160727)

Expected to produce 60,000–70,000 ounces with plans in place to double production from both assets by next year, LUCA Mining (LUCA.v LUCMF) is operating two fully permitted mines in Mexico, Campo Morado and Tahuehueto: Optimization, Exploration & Expansion - @LucaMining Webinar Summary Thread with @adelaide_cap ⬇️$LUCA.v $LUCMF

Operating two fully permitted mines in Mexico, Campo Morado and Tahuehueto, $LUCA is focused on optimization, exploration, and expansion to significantly increase… https://t.co/HjKqo5olyU pic.twitter.com/17mqJM7YCt— Stock Master Flash (@StckMasterFlash) August 13, 2024

Luca Mining Corp. (LUCA.v, LUCMF) has partnered with Cominvi to enhance production at its Campo Morado gold mine in Mexico. The collaboration aims to increase throughput from 1,400-1,600 tpd to 2,000 tpd by year-end and 2,400 tpd by 2025, aligning with Luca's strategic goals and ongoing optimization efforts.https://lucamining.com/press-release/?qmodStoryID=4579509354745924

*Posted on behalf of Luca Mining Corp.

Replay of LUCA Mining's (LUCA.v LUCMF) Webinar with Adelaide Capital held yesterday that provided an update on what investors can expect soon:

Operating two fully permitted mines in Mexico, Campo Morado and Tahuehueto, the mid-tier producer is focused on optimization, exploration, and expansion with a goal to double production by year end.

Don't have time to watch the full webinar? Check out this summary here: Optimization, Exploration & Expansion - @LucaMining Webinar Summary Thread with @adelaide_cap ⬇️$LUCA.v $LUCMF

Operating two fully permitted mines in Mexico, Campo Morado and Tahuehueto, $LUCA is focused on optimization, exploration, and expansion to significantly increase… https://t.co/HjKqo5olyU pic.twitter.com/17mqJM7YCt— Stock Master Flash (@StckMasterFlash) August 13, 2024

Optimization, Exploration & Expansion -  LUCA Mining (LUCA.v LUCMF) Webinar Summary with Adelaide Capital: Optimization, Exploration & Expansion - @LucaMining Webinar Summary Thread with @adelaide_cap ⬇️$LUCA.v $LUCMF

Operating two fully permitted mines in Mexico, Campo Morado and Tahuehueto, $LUCA is focused on optimization, exploration, and expansion to significantly increase… https://t.co/HjKqo5olyU pic.twitter.com/17mqJM7YCt— Stock Master Flash (@StckMasterFlash) August 13, 2024

Operating two fully permitted mines in Mexico, Campo Morado and Tahuehueto, LUCA Mining (LUCA.v LUCMF) is focused on optimization, exploration, and expansion with a goal to significantly increase production.

In a recent Natural Resource Stocks episode, mid-tier Gold Eq producer, Luca Mining Corp. (LUCA.v LUCMF), was highlighted as "one of the most undervalued mining companies".


LUCA controls the Tahuehueto & Campo Morado Mines in Mexico.Its Tahuehueto gold mine is nearing full commercial production and the company is initiating a major drilling program targeting expansion at both projects. Moreover, partnerships and strategic growth initiatives could transform LUCA into a significant player, with the junior targeting annual production of 200,000 ounces of gold in the coming years. Full interview breakdown here⬇️
https://www.reddit.com/r/Wealthsimple_Penny/comments/1eodhhh/luca_mining_lucav_one_of_the_most_undervalued/

Tomorrow, mid-tier producer LUCA Mining (LUCA.v LUCMF) is holding a webinar with Adelaide Capital to discuss the latest updates from its Campo Morado and Tahuehueto Mines, both of which are expected to be drilled during a major exploration program in Q3 and Q4 of 2024: Upcoming webinar!

Join us tomorrow, August 13th, at 11 am PT/2 pm ET. CEO Dan Barnholden and @adelaide_cap will discuss the latest updates from Campo Morado and Tahuehueto and what investors can expect soon.

Register now: https://t.co/XzCZgOPD44 pic.twitter.com/o3Nu8zPaPO— Luca Mining Corp. (@LucaMining) August 12, 2024

Notably, both assets have demonstrated strong cash flow potential and exploration success, thus this is set to be a game changing program given the exploration potential as LUCA targets the production of 200,000 oz AuEq/year.

Full News Release: https://lucamining.com/press-release/?qmodStoryID=4579509354745924

In a recent Natural Resource Stocks episode, Luca Mining Corp. (Ticker: LUCA.v or LUCMF) was spotlighted as a potentially undervalued mining investment. With a modest market cap of $93 million, LUCA's recently completed Tahuehueto gold mine is nearing full production, contributing to revenue projections of CAD 150 million this year and possibly CAD 250 million next year. The company plans to drill 10,000 meters across its projects in the coming months, and increase production capacity at its flagship Campo Morado Project.


*Posted on behalf of Luca Mining Corp.

Busy month for mid-tier producer LUCA Mining (LUCA.v LUCMF) with engaging one of the largest and most respected mining contractors in Latin America to carry out core mining operations at its Campo Morado, including increasing mill throughput from 1,400-1,600 tonnes per day (tpd) to 2,000 tpd by year-end, alongside a major exploration program at both of its projects: https://www.reddit.com/r/Wealthsimple_Penny/comments/1elwa1j/today_midtier_gold_eq_producer_luca_mining_lucav/

Both Campo Morado and Tahuehueto have demonstrated strong cash flow potential and exploration success, thus this is set to be a game changing program given the exploration potential.

 

Mid-tier gold eq producer, Luca Mining Corp. (LUCA.v, LUCMF), recently announced a 10,000m drilling campaign across its Campo Morado & Tahuehueto mines.

+ Optimization at Campo Morado in partnership with Cominvi targets 2,000 tpd mill throughput, aiming for 2,400 tpd by 2025. Tahuehueto's 1,000 tpd mill is set to achieve commercial production soon.
https://lucamining.com/news/
*Posted on behalf of Luca Mining Corp.