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 [...]
Luca Mining Corp. is pleased to announce it has engaged OGIB Corporate Bulletin and Native Ads, Inc. in a joint mandate to provide strategic digital media services. Under the terms of these agreements, Native Ads and OGIB will provide a combination of content development, web development, digital marketing and publication services, media buying and distribution, and campaign reporting and optimization at a total cost [...]
Luca Mining Corp. is pleased to announce financial results for the three months ended March 31, 2024. Highlights Production of 14,148 troy oz of gold equivalent up 20% from Q4 2023, being comprised of 4,297 ounces of gold, 207,505 ounces of silver, 3,068 tonnes of zinc, 791 tons of copper and 661 tonnes of lead. Total Net Revenue of C$22.04 million, an increase 21% from Q4 2023 A milestone achievement of Positive [...]
Luca Mining Corp. is issuing this news release as a result of a review by British Columbia Securities Commission to clarify its disclosure. The Company is updating from its May 21, 2024 news release and announces that mining activity has confirmed high grade gold mineralization over significant widths at the Tahuehueto Gold Mine in Durango, Mexico. The mineralization occurs in shoots branching off the main Creston vein at [...]
Luca Mining Corp. is pleased to announce that a new high grade gold mineralization over significant widths has been confirmed at the Tahuehueto Gold Mine in Durango, Mexico. The mineralization occurs in shoots branching off the main Creston vein at Underground Level 23. Creston is one is one of two main structures currently being mined. New geological mapping and channel sampling at this level confirmed the presence of [...]
Luca Mining Corp. is pleased to report that the metallurgical test work on the copper-lead separation process at Campo Morado has been successfully completed. The test work was primarily carried out by ALS-Kamloops and in parallel with Luca's onsite lab. Currently, two concentrates are produced, namely, zinc and a bulk concentrate . The result from the metallurgical testing provides confirmation to move forward with the [...]
Luca Mining Corp. is pleased to announce financial results for the three and twelve months ended December 31, 2023. Production Fourth Quarter 2023 Total production amounted to 11,808 ounces of gold equivalent , which was comprised of 3,155 ounces of gold, 155,763 ounces of silver, 2,730 tonnes of zinc, 671 tonnes of copper and 558 tonnes of lead. Out of the total production for Q4, Campo Morado accounted for 8,658 gold [...]