Luca Mining Corp.

Further to its news release dated Sept 6, 2024, Luca Mining Corp. is pleased to announce that Stifel as lead agent on behalf of a syndicate of agents including Haywood Securities, Ventum Financial, BMO Capital Markets and Canaccord Genuity, has advised the Company that the brokered "best-efforts" private placement pursuant to the "listed issuer financing exemption" under Part 5A of NI 45-106 - Prospectus Exemptions of up [...]

Luca Mining Corp. is pleased to announce that it has entered into an agreement with Stifel to act as lead agent and sole bookrunner for and behalf of a syndicate of agents , in connection with a "best-efforts" private placement of up to 19,000,000 units of the Company at a price of $0.45 per LIFE Unit for aggregate gross proceeds of C$8.55 million , with the LIFE Units to be issued pursuant to the Listed Issuer Financing [...]

Luca Mining Corp. is pleased to announce its financial results for the six months ended June 30, 2024. Highlights Record Net Quarterly Revenue for Q2 2024 of US$18.2 million, up 49% from Q2 2023. Total Net Revenue for the six months ended June 30, 2024, of US$34.5 million, an increase of 33% over the same 2023 period. Positive Net Earnings of US$4.7 million for Q2 2024, an increase of 217% over Q2 2023. Q2 Earnings per [...]

Luca Mining Corp. wishes to clarify a Form 62-103F1 Early Warning Report issued today by Trafigura Beheer B.V. . The EWR relates to a debt restructuring agreement entered into between Luca and Trafigura on December 11, 2023. The debt restructuring related to the conversion of an outstanding loan in the amount of US$5,800,000 into a non-interest-bearing three-year term convertible debenture . The transaction was announced [...]

Luca Mining Corp. announces that it has granted an aggregate of 4,508,833 incentive stock options and 800,000 Restricted Share Units to certain officers and directors in accordance with Luca's omnibus equity incentive plan. The Options are exercisable at a price of $.55 and will expire five years from the date of their issuance. The Options will vest as follows: 33% on August 15, 2024 ; 33% February 15, 2025 ; and the [...]

Luca Mining Corp. is pleased to announce that it has engaged Cominvi, S.A. de C.V. to carry out core mining operations at the Company's 100% owned Campo Morado copper-zinc-gold mine located in the state of Guerrero in southwestern Mexico. Cominvi is one of the largest and most respected mining contractors in Latin America with a particular expertise in underground mining. They have a well-earned reputation for delivering [...]

Luca Mining Corp. is pleased to announce plans for an exploration drilling campaign at both Campo Morado and Tahuehueto. Approximately 5,000 metres will be drilled at each project during Q3 and Q4 of 2024, to test high potential targets on trend with the current mining areas. Campo Morado Campo Morado is a large VMS polymetallic system hosting substantial mineral resources of copper, zinc, gold and silver. The Campo [...]

Luca Mining Corp. is pleased to announce that it has completed construction of its new, 100% owned Tahuehueto gold mine located in Durango State, Mexico. Tahuehueto is a fully permitted underground operation with a 1,000 tonne per day nameplate processing capacity. The mine was completed within budget and has been successfully producing on a pre-production basis for several months. Processing rates will now start to ramp [...]

Luca Mining Corp. is pleased to announce that its board of directors has appointed Mr. Dan Barnholden as the Company's Chief Executive Officer , effective July 15, 2024. Ramon Perez, who has served as interim CEO for the past 4 months, will return to his role as President and will work closely with Dan to optimize operations at Campo Morado and achieve commercial production at Tahuehueto. Dan Barnholden is a seasoned [...]

Luca Mining Corp. is pleased to announce its 2024 guidance and outlook for its 100% owned Campo Morado and Tahueheuto mines in Mexico. All financial amounts are expressed in USD dollars unless otherwise indicated. 2024 Full Year Consolidated Production and Financial Guidance Consolidated production and sales of between 60,000 to 70,000 ounces gold equivalent from its Campo Morado and soon to be commissioned Tahuehueto [...]