Luca Mining Corp.

Luca Mining Corp. is pleased to announce the hiring of a highly experienced geological team to execute the Company's ambitious exploration strategy at both Tahuehueto and Campo Morado. The primary objective of the exploration strategy is to create significant value by focusing on three key goals: Identify additional high-grade, near-mine mineralization that can be quickly added to the mine plans at both Tahuehueto and [...]

Luca Mining Corp. is pleased to announce the recommencement of principal repayments on its term loans with Trafigura Mexico S.A. de C.V. , a significant milestone in the Company's financial strategy. The Company is on track to eliminate its term debt in 2026, reflecting a stronger financial outlook and disciplined cash management. Luca has outstanding loans with Trafigura totaling US$18.1 million. This total includes a [...]

Luca Mining Corp. is pleased to announce the start of an exploration drilling campaign at the Tahuehueto gold mine in Durango State, Mexico. The Tahuehueto property comprises a large, epithermal gold/silver vein system and this campaign is the first significant exploration drill program on the property in over 10 years. The Company expects the current campaign to include up to 5,000 metres of diamond core drilling in 26 [...]

Luca Mining Corp. is pleased to announce the successful implementation of the first two stages of the Campo Morado Improvement Project and commencement of Stage 3. In Q4 2023 the Company partnered with Ausenco México S. de R.L. de C.V. to implement a staged improvement project designed to increase metallurgical performance, mill throughput, sustaining plant performance and operating cash flow. The initial phase of the [...]

Following completion of its $11.3 million equity financing, Luca Mining Corp. is pleased to provide an update on planned activities at its two producing mines in Mexico as well as a corporate update. CEO Dan Barnholden commented, "Our primary areas of focus outlined below support our three pillars of value creation: optimization, exploration and expansion. We expect these programs to not only lead to a near term valuation [...]

Luca Mining Corp. is pleased to announce it has closed its fully subscribed brokered private placement pursuant to the "listed issuer financing exemption" under Part 5A of NI 45-106 - Prospectus Exemptions resulting in the issuance and sale of 19,000,000 units of the Company at a price of C$0.45 per LIFE Unit for aggregate gross proceeds of C$8,550,000 . The Company also closed its concurrent non-brokered private [...]

Further to its news releases dated September 6 and 12, 2024, Luca Mining Corp. confirms that it has fully subscribed its brokered private placement pursuant to the "listed issuer financing exemption" under Part 5A of NI 45-106 - Prospectus Exemptions of 19,000,000 units of the Company . Due to heavy demand, the Company has determined to increase the total amount of the recently announced concurrent non-brokered private [...]

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 [...]