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LUCA APPOINTS RAMON MENDOZA INTERIM COO

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Luca Mining Corp (TSXV: LUCA) (OTCQX: LUCMF) announced that Armando Alexandri has stepped down as Chief Operating Officer to pursue new opportunities, while remaining as a key technical consultant. Ramon Mendoza, the company's Chief Technical Officer, has been appointed as Interim COO effective April 24, 2025.

Mendoza brings over 35 years of senior mining industry experience, specializing in mine development, process improvements, and managing both underground and open-pit operations. His expertise includes advanced optimization techniques, integrating mine designs, planning, cost modeling tools, and geo-sciences into mining operations.

CEO Dan Barnholden acknowledged Alexandri's contribution in leading the company through an operational turnaround, expressing confidence in the technical team's operational depth under Mendoza's leadership.

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News Market Reaction 1 Alert

+5.07% News Effect

On the day this news was published, LUCMF gained 5.07%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

VANCOUVER, BC, April 24, 2025 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) reports that Mr. Armando Alexandri has stepped down from his role as Chief Operating Officer of the Company to pursue a new opportunity. He will remain a key technical consultant to the Company.

Mr. Ramon Mendoza, Luca's Chief Technical Officer, has assumed the position of Interim COO effective, April 24, 2025. Mr. Mendoza has over 35 years of senior experience in the mining industry with expertise in mine development, mine process improvements, and a highly successful track record of managing both underground and open-pit operations. He specializes in advanced optimization techniques, integrating mine designs, planning, cost modeling tools, and geo-sciences into the mine and processing plans.

Commenting on Mr. Alexandri's resignation, Dan Barnholden, CEO, said, "We are greatly appreciative of the work that Armando did as COO of Luca, guiding the company through an incredible operational turnaround. Over the past year, Luca has built operational depth in all roles and we have great confidence in the technical team, led by Ramon Mendoza. We wish Armando great success as he pursues new opportunities and we look forward to his continued support in his ongoing consulting role."

About Luca Mining Corp.

Luca Mining Corp. (TSX-V: LUCA, OTCQX: LUCMF, Frankfurt: Z68) is a Canadian mining company with two wholly owned mines located in the prolific Sierra Madre mineralized belt in Mexico . These mines produce gold, copper, zinc, silver, and lead and generate strong cash flow. Both mines have considerable development and resource upside as well as world-class exploration potential.

The Company's Campo Morado Mine, located in Guerrero State, hosts VMS-style, polymetallic mineralization within a large land package comprising 121 sq km. It is an underground operation, producing zinc, copper, gold, silver and lead.

The Tahuehueto Mine is a large property of over 75 sq km, located in Durango State. The project hosts epithermal gold and silver vein-style mineralization. Tahuehueto is a newly constructed underground mining operation producing primarily gold and silver contained in zinc and lead concentrates. The Company has successfully commissioned its mill and is now in commercial production.

For more information, please visit: www.lucamining.com

On Behalf of the Board of Directors

(signed) "Dan Barnholden"

Dan Barnholden, CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/luca-appoints-ramon-mendoza-interim-coo-302436719.html

SOURCE Luca Mining Corp.

FAQ

Who is the new interim COO of Luca Mining (LUCMF) and what is his experience?

Ramon Mendoza, previously Luca's Chief Technical Officer, is the new interim COO effective April 24, 2025. He has over 35 years of senior mining industry experience, specializing in mine development, process improvements, and managing underground and open-pit operations.

Why did Armando Alexandri leave his position as COO of Luca Mining (LUCMF)?

Armando Alexandri stepped down as COO to pursue new opportunities, but will continue to serve as a key technical consultant to Luca Mining.

What operational changes has Luca Mining (LUCMF) undergone recently?

Under Armando Alexandri's leadership, Luca Mining underwent an operational turnaround and built operational depth across all roles, as stated by CEO Dan Barnholden.

What are Ramon Mendoza's key areas of expertise as the new interim COO of LUCMF?

Ramon Mendoza specializes in advanced optimization techniques, integrating mine designs, planning, cost modeling tools, and geo-sciences into mine and processing plans.
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