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. (LUCMF) operates two producing mines in Mexico, specializing in gold, copper, zinc, silver, and lead extraction. This page provides investors with comprehensive access to official announcements and analysis-driven updates about the company’s operations.
Discover timely reports on production milestones, exploration results, and strategic initiatives. Our curated collection includes earnings releases, operational updates, and technical progress reports from the Campo Morado Improvement Project and Tahuehueto mine development.
Key focus areas include metallurgical recovery enhancements, resource expansion drilling, and operational efficiency gains. Bookmark this page to stay informed about Luca Mining’s progress in optimizing its Mexican assets while exploring new mineralized zones.
Luca Mining has discovered new high-grade gold zones at the Tahuehueto Gold Mine in Durango, Mexico. These zones consist of breccia ore shoots up to 20 meters wide, with some assays showing more than 20 g/t gold. This discovery was made at Underground Level 23, where two mineralized splays intersect the Creston vein. The company aims to ramp up production to 1,000 tons per day (tpd) in the coming months. The block model from a pre-feasibility study shows the presence of significant mineralized widths, and recent drilling confirms this. The exploration area remains open at depth and along strike, offering further potential. Luca Mining operates two mines in Mexico and aims to generate positive cash flow in 2024.
Luca Mining Corp. reports successful metallurgical test work on copper-lead separation process at Campo Morado, aiming to produce three high-value concentrates: copper, zinc, and lead. The results show improved grades of gold and silver in the copper concentrate, with potential for increased recovery rates. The Company is on track to deliver results in the second half of 2024, following positive test outcomes.
Luca Mining Corp. reports strong Q4 2023 and annual financial results, with total production of 11,808 ounces of gold equivalent in Q4, significant contributions from Campo Morado and Tahuehueto, improved grades and recoveries, decreased costs, and positive outlook for 2024. Full-year 2023 production reached 55,719 ounces of gold equivalent, favorable operational metrics, and optimistic growth prospects for the company.
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