Welcome to our dedicated page for Luca Mining news (Ticker: LUCMF), a resource for investors and traders seeking the latest updates and insights on Luca Mining stock.
Luca Mining Corp. reports operating and exploration developments from its Mexican mining portfolio, including the Tahuehueto gold-silver mine in Durango and the Campo Morado polymetallic VMS mine in Guerrero State. Recurring updates cover underground and surface drilling, assay results, mineralized zones near existing workings, and resource-expansion targets tied to gold, silver, copper, lead and zinc mineralization.
Company news also covers production results, cash flow and debt updates, exploration budgets, mine sequencing, and technical work related to Campo Morado mill optimization and expansion. These releases frame Luca as an operating precious- and base-metals miner with active near-mine exploration and processing-improvement initiatives.
Luca Mining (OTCQX: LUCMF) reported strong Q1 2026 results, with revenue of $57.6 million (+40% YoY), net earnings of $12.6 million, and adjusted EBITDA of $25.4 million. EBITDA was $19.7 million, and operating cash flow reached $21.6 million.
Cash increased 43% to $36.4 million despite $10.9 million of sustaining and exploration capex, yielding $12.9 million of free cash flow before working capital. Campo Morado zinc-equivalent output rose 17%, while Tahuehueto advanced toward design capacity and began copper concentrate production.
Luca Mining (OTCQX: LUCMF) plans to launch a normal course issuer bid (NCIB) allowing repurchase of up to 13,750,000 common shares, about 5% of shares outstanding, for cancellation.
The NCIB is expected to run from May 21, 2026 to May 20, 2027, with purchases made on Canadian markets at prevailing prices. Management views the shares as undervalued and considers the NCIB an efficient use of capital, but is not obligated to buy any specific amount and may suspend or terminate the bid.
Luca Mining (OTCQX: LUCMF) released 2026 drill results at Tahuehueto, reporting high‑grade breccia intercepts near existing workings that support potential near‑mine resource expansion.
Key highlights include 6.8 m @ 5.54 g/t AuEq, continuity 10–70 m below Level 23, verified El Rey breccia, added rigs, and an additional $2.4M exploration budget for 2026.
Luca Mining (OTCQX: LUCMF) reported new underground drill results at the Campo Morado polymetallic mine (April 28, 2026), including 118.2m of 2.53 g/t Au, 77.89 g/t Ag, 0.76% Cu, 0.57% Pb and 1.99% Zn from 179.9m in the unmined Largo Norte zone.
Additional notable intercepts: 100.7m of 2.80 g/t Au and 71.0m of 1.57 g/t Au; drilling continues targeting Largo, Largo Norte, Naranjo and Fish for 2026–2028 mine plans.
Luca Mining (OTCQX: LUCMF) reported Q1 2026 operational and financial updates. Cash rose to $36.4M from $25.5M at year-end 2025, aided by operating cash flow, ~$2.1M from warrant/option exercises and ~$3.6M net realized gains from silver call options.
Debt was reduced to ~$1.4M, targeted for full repayment by mid-2026. Exploration completed ~10,058 metres of drilling focused on near-mine resource expansion; Campo Morado expansion study targets a technical report in H2 2026.
Luca Mining (OTCQX: LUCMF) reported record 2025 results with revenue of $176.8M (+103%), Adjusted EBITDA $46.0M (+226%), and net free cash flow before working capital $20.8M. Tonnes mined and milled rose ~53% and 51%, respectively, while cash increased to $25.5M and long-term debt fell over 80% to $3.3M.
The company achieved revised production guidance across metals, restarted exploration (~30,140m drilled), and invested $27.3M in sustaining capital to accelerate underground development and support future growth.
Luca Mining (OTCQX: LUCMF) appointed Nick Shakesby as Chief Operating Officer effective April 1, 2026, and strengthened its technical team to execute the Campo Morado Expansion (CME) and other optimization initiatives. The CME, a two‑phase mill optimization and expansion plus updated mine plan, will be reported in an NI 43‑101 Technical Report expected in H2 2026.
The company also named Ramón Mendoza as CTO and hired Dr. Jose Hernandez as VP, Metallurgy and Process Engineering. The company granted 300,000 incentive stock options exercisable at C$1.97, subject to TSXV approval.
Luca Mining (OTCQX: LUCMF) reported high‑grade drill results at the Tahuehueto mine, including 7.6 m @ 16.08 g/t AuEq and 5.4 m @ 16.00 g/t AuEq, confirming breccia-hosted continuity about 30 m below Level 23. Results are within development distance of existing infrastructure and validate the geologic model.
The board approved a 40% drill budget increase to $3.5M, and to date Luca completed 28 underground holes (6,750 m) and 19 surface holes (3,650 m).
Luca Mining (OTCQX: LUCMF) approved a two‑phase Campo Morado Expansion study: Phase 1 optimizes bulk sulphide flotation and increases grinding to target 8–10 microns; Phase 2 evaluates recovering gold and silver to doré from a pyrite concentrate. A NI 43‑101 Technical Report and updated life‑of‑mine plan are expected in H2 2026.
Ausenco leads engineering; additional metallurgical testwork and procurement of long‑lead items are underway to de‑risk execution and timelines.
Luca Mining (OTCQX: LUCMF) reported underground drilling at Campo Morado (Feb 17, 2026) that intercepted multiple polymetallic VMS intervals. Highlight: CMUG-25-36 returned 135.7m of 1.58 g/t Au, 77.10 g/t Ag, 0.88% Cu and 1.61% Zn from 87.7m, including higher-grade subintervals.
Follow-up drilling on Largo Norte has commenced; drilling continues with two surface and one underground rig targeting 2026–2028 mine plans.