Latest news with #LucaMiningCorp
Cision Canada
07-07-2025
- Business
- Cision Canada
LUCA DRILLS 15 METRES OF 5.4 g/t GOLD AND 8.4% ZINC AT CAMPO MORADO
VANCOUVER, BC, July 7, 2025 /CNW/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to announce analytical results from the first surface drillhole at the Reforma Deposit and the next four (4) underground diamond drill holes of an ongoing 5,000 metre ("m") underground and 2,500m surface Phase One exploration drill program at the Campo Morado Polymetallic VMS mine in Guerrero State, Mexico. Surface drillhole CM-RF-25-001 intercepts 15.1m of 11.9 AuEq ** (5.35 g/t gold, 187.50 g/t silver, 0.31% copper, 8.39% zinc and 2.75% lead) at the Reforma Deposit Underground drillhole CMUG-25-015 returns assays including 4.5m of 12.2 g/t AuEq ** (4.5m of 0.36 g/t gold, 161 g/t silver, 7.16% copper, 1.82% zinc and 0.12% lead) within a wider 11m of 7.6 g/t AuEq (0.32 g/t gold, 99 g/t silver, 4.20% copper, 1.63% zinc and 0.19% lead) 22 underground drillholes completed to date as part of a 5,000m Phase 1 program targeting near-mine resource expansion Unrealized mineral potential continues to be identified in underexplored zones – results to inform updated mineral resource and mine plans Surface drilling continues at Reforma and El Rey with 5 drillholes completed to date at the Reforma Deposit – first exploration of these deposits since 2010 Campo Morado hosts several polymetallic massive sulphide deposits containing gold, silver, copper, zinc, and lead mineralization within a highly prospective land package totaling over 121 square kilometres within the Sierra Madre del Sur mineralized belt. This year's underground exploration campaign represents the first substantive exploration the project and mine have seen since 2014. Surface drillhole CM-RF-25-001 was collared within the central part of the Reforma deposit, intersecting 15.05m of 11.9 AuEq (5.35 g/t gold, 188 g/t silver, 0.31% copper, 8.39% zinc and 2.75% lead) within a larger 21.52m of 9.53 AuEq (4.24 g/t gold, 159 g/t silver, 0.38% copper, 6.24% zinc and 2.05% lead). As the inaugural surface drillhole for Luca, it was designed to confirm the size, tenor, and grade of precious and base metals historically reported at the Reforma deposit and will help guide future exploration of untested gold-rich targets north of the high-grade G9 deposit and other currently producing areas on the Campo Morado property. Underground drillholes CMUG-25-14 through CMUG-25-16 targeted an untested area adjacent to the SW Zone. Drillhole CMUG-25-014 was drilled vertically to test priority gaps below the SW Zone, intersecting a mineralized zone that returned 1.6 m of 3.06 g/t AuEq (0.89 g/t gold, 60 g/t silver, 0.48% copper, 1.92% zinc and 0.37% lead) within a broader massive sulphide interval that began at the drill collar located immediately next to the current mine workings. Drillholes CMUG-25-015 and CMUG-25-016 targeted an undrilled area between the SW and C277 production zones and returned mineralized intervals of of 10.96m grading 7.57 g/t AuEq (0.32 g/t gold, 99 g/t silver, 4.20% copper, 1.63% zinc and 0.19% lead) from 0.0m, and 30.81m grading 1.59 g/t AuEq (0.19 g/t gold, 22 g/t silver, 0.18% copper, 2.34% zinc and 0.14% lead) from 104.5m depth (See Table 1). Figure 1 to 3 present the location of the drillholes, and Table 2 provides drill collar details. Drillhole CMUG-25-018 was collared in the Largo Zone and drilled to test for continuity of mineralization between the Largo Zone and anomalous areas to the west identified from historical drilling. Paul D. Gray, Luca´s VP of Exploration, commented, "Intersecting thick, high-grade, gold-rich massive sulphides in Luca's first drillhole at the Reforma Deposit clearly demonstrates how quickly the Company's exploration efforts can have a transformative impact on the mine and also our ability to realize the untapped metal endowment of Campo Morado. The gold-rich Reforma and El Rey Deposits were discovered and partially defined in the 1990's but were never incorporated into the Campo Morado mine plan after the zinc-rich G9 Deposit became the primary focus of previous operators. Luca is uniquely positioned to target these gold-rich deposits during record gold prices while continuing to build out the resources in the G9 Deposit. Underground drill results continue to impress with the discovery of additional mineralized zones with each batch of assays." Table 1: Highlighted Diamond Drill Assay Results from Underground Drillholes CMUG-25-14 through CMUG-25-18 and Surface Drillhole CM-RF-25-001. *True widths are estimated to be >90% of drilled intervals. ** AuEq equation is: AuEq = Au + (Ag*0.0124) + (Cu%*1.2787) + (Pb%*0.2740) + (Zn%*0.3653), at $2,250 US$/oz Au, 28 US$/oz Ag, 4.20 US$/lb Cu, 0.90 US$/lb Pb and 1.20 US$/lb Zn, respectively. To date, 22 underground diamond drillholes have been completed, totaling over 4,476m with "HQ" and/or "NQ" sized diamond drill core. These underground drillholes are part of the current exploration campaign, which is primarily focused on defining mineable resources in close proximity to existing mine workings, as well as within zones interpreted to host extensions of known mineralization based on the property´s extensive historical drilling database. It is anticipated that these drillholes will, in part, inform an updated Mineral Resource estimate at Campo Morado and will additionally combine to add new mineable bodies to the near and medium-term Campo Morado mine plan. In addition, at Reforma, five additional surface drillholes have been completed, totaling over 1,350m with "HQ" and/or "PQ" sized diamond drill core. These surface drillholes are part of a Phase 1, 2,500m surface drilling campaign at the Reforma and El Rey Deposits, designed to confirm and expand the existing mineral resources at both sites, as well as to collect material for further metallurgical test work, all with the objective of adding the Reforma and El Rey deposits into an improved Campo Morado mine plan. Table 2: Underground and Surface Drill Collar Details for Released Results About 2025 Campo Morado Surface Exploration Program Luca's inaugural surface drill program will run in parallel with the ongoing underground exploration program at Campo Morado. The Phase 1 program includes 2,500m of diamond drilling focused on definition and expansion of the Reforma and El Rey Deposits (located approximately one kilometer north and east of the main Campo Morado mine. These deposits host mineral resources (See Company News Release of April 8, 2025) which have not been assessed in any way in over 14 years. Thirty-eight (38) priority targets have been identified from assessment of the substantive historical exploration database of Campo Morado and ranked, based on coincident favourable geological, geochemical and geophysical interpretations. Several of these targets, including Reforma and El Rey, have seen historical exploration, including diamond drilling; however, the majority remain undrilled. Considering the fertile geologic settling of the large Campo Morado concessions and the camp's prolific discovery history, each of these targets has the potential to host significant VMS mineralization. Luca intends to prioritize and systematically explore the larger Campo Morado concession package in the coming months. Of particular interest with respect to Reforma and El Rey is the marked gold-silver enriched content that has been identified. Metal prices especially for gold and silver-have significantly increased since Reforma and El Rey were first explored which presents an extremely attractive value-add opportunity. Luca believes that the precious metal endowment of these, and other related mineralized deposits in the camp, can add tremendous value to the Company's asset base. The current Campo Morado drill campaign represents the first meaningful exploration program carried out on the property since 2014 and is designed to target the addition of mineral resources to the near- and medium-term mine plan at Campo Morado. The Company plans up to 5,000 metres of underground diamond drilling from approximately 25 holes during this first phase of exploration activities. This program's primary target is the definition of additional mineral resources from under-drilled zones proximal to existing underground production areas, as well as the identification of mineralization within previously untested areas with high potential for the discovery of new mineral resources. Additionally, a 2,500m surface drilling campaign is currently underway on the Reforma and El Rey Deposits. Previous exploration at Campo Morado has combined to produce an extensive set of high-quality, proprietary geological database, including over 600,000 metres of underground and surface drilling, property-wide geologic/structural mapping, approximately 30,000 geochemical soil samples, and a variety of airborne and ground-based geophysical surveys (including gravity, magnetics, electromagnetics and induced polarization). Analysis of these geophysical survey datasets, particularly gravity, resulted directly in the discovery and definition of mineralized zones on the property and will continue to guide all exploration initiatives; moreover, this large geophysical dataset is currently being compiled, cleaned and reinterpreted by Luca in an effort to prioritize the greater than 38 exploration targets identified to date across the property. Analytical Method and Quality Assurance/Quality Control Measures All drill core splits reported in this news release were analysed by Bureau Veritas of Durango, Mexico, utilizing the Multi-Acid digestion ICP-ES 35-element MA300 analytical package with FA-430 30-gram Fire Assay with AAS finish for gold on all samples. Au over-limits from FA-430 are re-analyzed by FA530 30-gram Fire Assay with Gravimetric finish. Ag over-limits from ICP MA300 analytical package are re-analyzed by FA530 30-gram Fire Assay with Gravimetric finish. Similarly, Cu, Pb and Zn over-limits from ICP MA300 analytical package are re-analyzed by ICP Multi-Acid digestion MA370 package. All core samples were split by core saw on-site at Luca's core processing facilities at the Campo Morado Mine. Once split, half samples were placed back in the core boxes with the other half of split samples sealed in poly bags with one part of a three-part sample tag inserted within. Samples were collected by Bureau Veritas at the Campo Morado Mine site and transported to Bureau Veritas' Durango Laboratory, where samples are prepared to a 250-gram pulp and analyzed for Gold by Fire assay with pulps shipped to Bureau Veritas's Analytical laboratory in Vancouver, B.C., for final ICP analysis. A robust system of standards, 1/4 core duplicates and blanks was implemented in the 2025 exploration drilling program and is monitored as chemical assay data become. Qualified Person The technical information contained in this news release has been reviewed and approved by Mr. Paul D. Gray, Vice-President Exploration at Luca Mining. Mr. Gray is a Qualified Person for the Company as defined by National Instrument 43-101. 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 District Scale exploration potential. The Company's Campo Morado Mine hosts VMS-style, polymetallic mineralization within a large land package comprising 121 square kilometres. It is an underground operation, producing zinc, copper, gold, silver and lead. The mine is located in Guerrero State. The Tahuehueto Mine is a large property of over 75 square kilometres 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. The Company has successfully commissioned its mill and is now in commercial production. On Behalf of the Board of Directors (signed) "Dan Barnholden" Dan Barnholden, Chief Executive Officer For more information, please visit: Cautionary Note Regarding Forward-Looking Statements Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities laws. Forward Looking Information includes, but is not limited to, estimated production guidelines for 2025 and other possible events, conditions or performance that are based on assumptions about the proposed exploration program and its anticipated results; the timing and costs of future activities on the Company's properties, such as production rates and increases and sustaining capital expenditures; success of exploration, development, and metres to be drilled in exploration on the Tahuehueto Mine site and the Campo Morado Mine site. In certain cases, Forward-Looking Information can be identified using words and phrases such as "plans"," expects", "scheduled", "estimates", "forecasts", "intends", "anticipates" or variations of such words and phrases. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, that the Company will be able to raise additional capital as necessary; the current exploration, development, environmental and other objectives concerning the Tahuehueto Mine can be achieved; that consistent and sustainable mill feed at Campo Morado Mine will be achieved; the continuity of the price of gold and other metals and economic and political conditions. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. 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.
Globe and Mail
12-06-2025
- Business
- Globe and Mail
LUCA ANNOUNCES LEADERSHIP GROWTH AND BOARD TRANSITION
VANCOUVER, BC , June 12, 2025 /CNW/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to report that Mr. Ramon Mendoza , currently Luca's interim Chief Operating Officer will assume the position of permanent COO effective as of June 01, 2025 . Mr. Mendoza will also continue to be the Company's Chief Technical Officer. Mr. Mendoza has over 35 years of senior experience in the mining industry, with expertise in mine development, process optimization, and a highly successful track record of managing both underground and open-pit operations. He has played a pivotal role in the successful transformation of Luca's operations at the Campo Morado and Tahuehueto mines in Mexico into consistent producers of gold, silver and base metals with significant growth potential. Prior to joining Luca, Mr. Mendoza worked as a mining consultant and spent many years at First Majestic Silver Corp., where he was a member of the senior leadership team, focusing on strategic management and project execution. The Company also announces that Mr. David Rhodes will be stepping down as Chairman effective as of June 10, 2025 but will remain a valued member of Luca's Board of Directors. Well known in the financial industry, including as the Managing Director of Endeavour Financial, Mr. Rhodes' guidance and expertise will continue to be of great benefit to the Company. Mr. Peter Damouni will step into the role of Chairman of the Board. He brings over 20 years of global corporate and investment banking experience with a focus on the natural resources sector. Mr Damouni has served as an executive and director of several public companies listed on the TSX, TSXV, and LSE. Throughout his career, he has played a key role in developing and executing corporate strategies, including equity and debt financings, restructurings, joint ventures, acquisitions and sale processes. Mr. Damouni has been a Director of Luca since 2024 and has demonstrated outstanding leadership to the Company, fostering a shared sense of purpose, initiative and positivity. Mr. Dan Barnholden , CEO, commented, " I believe that Luca has a team that is second to none. Ramon Mendoza and Peter Damouni are highly effective, strong leaders who are focused on growing Luca in a safe, sustainable way. Peter is very much welcomed as Chair as we continue to build and execute our corporate strategies. He is an excellent team-builder and his guidance will be critical as our growth accelerates. I would like to thank David Rhodes for his support and expertise during his time as Luca's Chair. Luca is fortunate that David will remain as a Director. Ramon has excelled on the operational front since joining Luca and will build upon this success in his new position as COO. He is a role model to the teams in Mexico and under his leadership Luca's two mines have consistently performed well. His expertise has facilitated successful optimizations at the Company's operations leading to increased production, cash flow and market performance." 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 significant exploration potential. The Company's Campo Morado Mine hosts VMS-style, polymetallic mineralization within a large land package comprising 121 sq km. It is an underground operation, producing gold, silver, copper, zinc, and lead. The mine is located in Guerrero State . The Tahuehueto Mine is a large property of over 75 sq km 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. The Company has successfully commissioned its mill and is now in commercial production. For more information, please visit: On Behalf of the Board of Directors (signed) "Dan Barnholden" Dan Barnholden , CEO Cautionary Note Regarding Production Decisions and Forward-Looking Statements Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities laws. Forward Looking Information includes, but is not limited to, estimated production guidelines for 2025 and other possible events, conditions or performance that are based on assumptions about the proposed exploration program and its anticipated results; the timing and costs of future activities on the Company's properties, such as production rates and increases and sustaining capital expenditures; success of exploration, development, and metres to be drilled in exploration on the Tahuehueto Mine site and the Campo Morado Mine site. In certain cases, Forward-Looking Information can be identified using words and phrases such as "plans"," expects", "scheduled", "estimates", "forecasts", "intends", "anticipates" or variations of such words and phrases. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, that the Company will be able to raise additional capital as necessary; the current exploration, development, environmental and other objectives concerning the Tahuehueto Mine can be achieved; that consistent and sustainable mill feed at Campo Morado Mine will be achieved; the continuity of the price of gold and other metals and economic and political conditions. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. 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 Canada
12-06-2025
- Business
- Cision Canada
LUCA ANNOUNCES LEADERSHIP GROWTH AND BOARD TRANSITION
VANCOUVER, BC, June 12, 2025 /CNW/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to report that Mr. Ramon Mendoza, currently Luca's interim Chief Operating Officer will assume the position of permanent COO effective as of June 01, 2025. Mr. Mendoza will also continue to be the Company's Chief Technical Officer. Mr. Mendoza has over 35 years of senior experience in the mining industry, with expertise in mine development, process optimization, and a highly successful track record of managing both underground and open-pit operations. He has played a pivotal role in the successful transformation of Luca's operations at the Campo Morado and Tahuehueto mines in Mexico into consistent producers of gold, silver and base metals with significant growth potential. Prior to joining Luca, Mr. Mendoza worked as a mining consultant and spent many years at First Majestic Silver Corp., where he was a member of the senior leadership team, focusing on strategic management and project execution. The Company also announces that Mr. David Rhodes will be stepping down as Chairman effective as of June 10, 2025 but will remain a valued member of Luca's Board of Directors. Well known in the financial industry, including as the Managing Director of Endeavour Financial, Mr. Rhodes' guidance and expertise will continue to be of great benefit to the Company. Mr. Peter Damouni will step into the role of Chairman of the Board. He brings over 20 years of global corporate and investment banking experience with a focus on the natural resources sector. Mr Damouni has served as an executive and director of several public companies listed on the TSX, TSXV, and LSE. Throughout his career, he has played a key role in developing and executing corporate strategies, including equity and debt financings, restructurings, joint ventures, acquisitions and sale processes. Mr. Damouni has been a Director of Luca since 2024 and has demonstrated outstanding leadership to the Company, fostering a shared sense of purpose, initiative and positivity. Mr. Dan Barnholden, CEO, commented, " I believe that Luca has a team that is second to none. Ramon Mendoza and Peter Damouni are highly effective, strong leaders who are focused on growing Luca in a safe, sustainable way. Peter is very much welcomed as Chair as we continue to build and execute our corporate strategies. He is an excellent team-builder and his guidance will be critical as our growth accelerates. I would like to thank David Rhodes for his support and expertise during his time as Luca's Chair. Luca is fortunate that David will remain as a Director. Ramon has excelled on the operational front since joining Luca and will build upon this success in his new position as COO. He is a role model to the teams in Mexico and under his leadership Luca's two mines have consistently performed well. His expertise has facilitated successful optimizations at the Company's operations leading to increased production, cash flow and market performance." 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 significant exploration potential. The Company's Campo Morado Mine hosts VMS-style, polymetallic mineralization within a large land package comprising 121 sq km. It is an underground operation, producing gold, silver, copper, zinc, and lead. The mine is located in Guerrero State. The Tahuehueto Mine is a large property of over 75 sq km 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. The Company has successfully commissioned its mill and is now in commercial production. For more information, please visit: On Behalf of the Board of Directors (signed) "Dan Barnholden" Dan Barnholden, CEO Cautionary Note Regarding Production Decisions and Forward-Looking Statements Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities laws. Forward Looking Information includes, but is not limited to, estimated production guidelines for 2025 and other possible events, conditions or performance that are based on assumptions about the proposed exploration program and its anticipated results; the timing and costs of future activities on the Company's properties, such as production rates and increases and sustaining capital expenditures; success of exploration, development, and metres to be drilled in exploration on the Tahuehueto Mine site and the Campo Morado Mine site. In certain cases, Forward-Looking Information can be identified using words and phrases such as "plans"," expects", "scheduled", "estimates", "forecasts", "intends", "anticipates" or variations of such words and phrases. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, that the Company will be able to raise additional capital as necessary; the current exploration, development, environmental and other objectives concerning the Tahuehueto Mine can be achieved; that consistent and sustainable mill feed at Campo Morado Mine will be achieved; the continuity of the price of gold and other metals and economic and political conditions. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. 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. SOURCE Luca Mining Corp.
Cision Canada
12-05-2025
- Business
- Cision Canada
LUCA DRILLS 3.8m of 12.54 g/t AuEq AS PART OF ONGOING UNDERGROUND DRILL PROGRAM AT CAMPO MORADO
VANCOUVER, BC, May 12, 2025 /CNW/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to announce drill results from the next seven (7) underground diamond drill holes of an ongoing 5,000 metre ("m") Phase One exploration drill program at the Campo Morado Polymetallic VMS mine in Guerrero State, Mexico. Drillhole CMUG-25-012 drilled 3.8m of 12.54 g/t AuEq ** (3.8m of 5.4 g/t Au, 288 g/t Ag, 0.8% Cu, 2.2% Pb and 6.4% Zn) within a wider 15.8m of 4.87 g/t AuEq (2.2 g/t Au, 109 g/t Ag, 0.3% Cu. 0.8% Pb and 2.4% Zn) representing the discovery of a new ore zone within the G9 Deposit. 16 underground drillholes completed to date as part of a 5,000m Phase 1 program targeting near-mine resource expansion. Untapped high-grade mineral potential close to existing mine workings continues to be identified in underdrilled zones – results to inform updated mineral resource and mine plans. Surface drilling underway to test property-wide targets including Reforma and El Rey – first exploration at these deposits since 2010. Campo Morado hosts a large cluster of polymetallic massive sulphide deposits containing gold, silver, zinc, copper, and lead mineralization within a highly prospective land package totaling over 121 square kilometres within the Sierra Madre del Sur mineral belt. This year's underground exploration campaign is the first substantive exploration the mine has seen since 2014. The objective of this initial stage of underground exploration drilling is to test under-drilled areas close to active mine workings that offer high potential for quickly adding new mineable resources that will impact mine planning. Three drillholes (CMUG-25-08 through CMUG-25-10 inclusive) targeted a previously undrilled zone located approximately 40m above active mine workings at the G9 Deposit. Drillhole CMUG-25-012 intersected strongly developed massive sulphide mineralization mineraliszed that returned 3.8 m of 12.54 g/t AuEq (5.44 g/t gold, 287.8 g/t sliver, 0.78% copper, 2.19% lead and 6.44% zinc). Approximately 25m above CMUG-25-012's intersection drillholes CMUG-25-09 and CMUG-25-010 intersected a copper-rich mineralized zone that returned 4.1m of 3.52 g/t AuEq (0.57 g/t gold, 61.5 g/t sliver, 1.63% copper, 0.26% lead and 1.17% zinc) and 2.6 m of 4.03 g/t AuEq (0.30 g/t gold, 100.73 g/t sliver, 2.25% copper, 0.10% lead and 0.23% zinc), respectively (See Table 1). These results highlight the existence of previously unknown high-grade mineralization yet to be captured in the Campo Morado mine plan – continued drilling efforts will target additional, near-mine areas. Figures 1 to 8 present the locations of the drillholes, and Table 2 provides drill collar details. Similarly, drillhole CMUG-25-013 intersected massive sulphide mineralization of 2.5m of 4.01 g/t AuEq (0.35 g/t Au, 64.82 g/t Ag, 2.12% Cu, 0.26% Pb and 1.60% Zn) in the Southwest Zone, with the mineralized intersection located immediately below mine workings. Paul D. Gray, Luca VP Exploration, commented: " Drilling new high-grade massive sulphides straight away is a great start to our exploration program and demonstrates that previous exploration left very significant ore to be discovered, and some very close to our active mine workings. "The 2025 drilling program at Campo Morado continues to define additional mineral potential beyond the extent of currently known mineral resources. These results have not only corroborated our interpretations that the known mineralized trends are more extensive and continuous than previously thought but have quickly defined new areas of high-grade massive sulphide mineralization that may quickly develop into brand new ore zones. Additionally, the surface drilling program now underway at Campo Morado will concentrate initially on the Reforma and El Rey VMS deposits, both of which remain unmined and which the Company believes can be expanded by the drill bit." Table 1: Highlighted Diamond Drill Results *True widths are estimated to be >90% of drilled intervals. ** AuEq equation is: AuEq = Au + (Ag*0.0124) + (Cu%*1.0572) + (Pb%*0.2203) + (Zn%*0.3469), at $2,488.14 US$/oz Au, 30.79 US$/oz Ag, 3.84 US$/lb Cu, 0.80 US$/lb Pb and 1.26 US$/lb Zn, respectively. Five drillholes (CMUG-25-08 through CMUG-25-012 inclusive) targeted an under-drilled area within the C127 Zone of the G9 Deposit – an area of active mine development; CMUG-25-08 was drilled roughly north and CMUG-25-010 through CMUG-25-012 inclusive were drilled generally north-northeast from a single drill station within the C127 Zone of the G9 Deposit; Drillhole CMUG-25-13 was a vertical hole in the Southwest Zone designed to test mineralization continuity below current mining levels. The mineralization identified in these drillholes can be quickly integrated into the near-term and medium-term Campo Morado mine plan. To date, 16 underground diamond drillholes have been completed for over 2,700 m with "HQ" sized diamond drill core. This is part of the current exploration campaign whose primary objective is to define mineable resources in close proximity to existing mine workings, as well as within zones interpreted to host extensions of the mineralization, based on the extensive historic drilling database this property offers. It is anticipated that these drillholes will inform a planned, updated Mineral Resource at Campo Morado and will contribute to add new ore into the near-term and medium-term Campo Morado Mine Plan. Table 2: Underground Drill Collar Details for Released Results About 2025 Campo Morado Surface Exploration Program Luca's inaugural surface exploration drill program is now underway and will be run in parallel with the on-going underground exploration program at Campo Morado. A Phase 1 2,500m diamond drilling program is planned, focused on definition and expansion of the Reforma and El Rey Deposits that are located approximately one kilometer north and east of the main Campo Morado Mine. These deposits host Mineral Resources (See Company News Release of April 8, 2025) which have not been assessed in any way in over 14 years. Thirty-eight (38) priority targets have been identified, based on assessment of the substantive historic exploration database, and ranked by coincident geological, geochemical and geophysical anomalies. Several of these targets, including Reforma and El Rey, have seen historic exploration including diamond drilling, however the majority of these identified targets are completely undrilled. Considering the fertile and prolific geology of the large Campo Morado concessions, each of these targets has the potential for significant new massive sulphide discoveries. Luca intends to prioritize and systematically explore the larger Campo Morado concession package in the coming months. Of particular interest with respect to Reforma and El Rey is the elevated gold-silver content of the massive sulphide mineralization that is clearly notable from historic drill results. Gold and silver prices are now significantly higher than when Reforma and El Rey were first explored and Luca believes the potential precious metal endowment of these, and other new zones of massive sulphides can add significant value to this asset, in particular a potential value-add to the future profit margin of the mine. The 2025 Campo Morado Underground Exploration Program The current Campo Morado drill campaign represents the first meaningful exploration program carried out on the property since 2014 and is designed to target the addition of new mineral resources that will impact the near- and medium-term mine plan at Campo Morado. The Company plans up to 5,000 metres of underground diamond drilling in approximately 25 holes during this first phase of exploration activities. This program's primary objective is to definenew mineable resources from under-drilled zones near to existing underground production areas, as well as to identify new massive sulphide mineralization within previously untested areas that offer high potential for the development of new mineral resources. Previous exploration at Campo Morado contributed? contributed to produce an extensive exploration database including high-quality, proprietary geological data, including over 600,000 metres of underground and surface drilling, property-wide geologic/structural mapping, approximately 30,000 geochemical soil samples, and a variety of airborne and ground-based geophysical surveys (including gravity, magnetics, electromagnetics and induced polarization). Drill-testing several of these geophysical anomalies, and particularly the gravity anomalies, resulted directly in the discovery of massive sulphide deposits across the property and will continue to guide our exploration targeting. Moreover, this large geophysical data set is currently being compiled, cleaned and reinterpreted by Luca to prioritize the 38 exploration targets identified to date across the property. Analytical Method and Quality Assurance/Quality Control Measures All drill core splits reported in this news release were analysed by Bureau Veritas of Durango, Mexico, utilizing the Multi-Acid digestion ICP-ES 35-element MA300 analytical package with FA-430 30-gram Fire Assay with AAS finish for gold on all samples. Au over-limits from FA-430 are re-analyzed by FA530 30-gram Fire Assay with Gravimetric finish. Ag over-limits from ICP MA300 analytical package are re-analyzed by FA530 30-gram Fire Assay with Gravimetric finish. Similarly, Cu, Pb and Zn over-limits from ICP MA300 analytical package are re-analyzed by ICP Multi-Acid digestion MA370 package. All core samples were split by core saw on-site at Luca's core processing facilities at the Campo Morado Mine. Once split, half samples were placed back in the core boxes with the other half of split samples sealed in poly bags with one part of a three-part sample tag inserted within. Samples were collected by Bureau Veritas at the Campo Morado Mine site and transported to Bureau Veritas' Durango Laboratory, where samples are prepared to a 250-gram pulp and analyzed for Gold by Fire assay with pulps shipped to Bureau Veritas's Analytical laboratory in Vancouver, B.C., for final ICP chemical analysis. A robust system of standards, 1/4 core duplicates and blanks was implemented in the 2025 exploration drilling program and is monitored as chemical assay data become. Qualified Person The technical information contained in this news release has been reviewed and approved by Mr. Paul D. Gray, Vice-President Exploration at Luca Mining. Mr. Gray is a Qualified Person for the Company as defined by National Instrument 43-101. 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 hosts VMS-style, polymetallic mineralization within a large land package comprising 121 square kilometres. It is an underground operation, producing zinc, copper, gold, silver and lead. The mine is located in Guerrero State. The Tahuehueto Mine is a large property of over 75 square kilometres 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. The Company has successfully commissioned its mill and is now in commercial production. On Behalf of the Board of Directors (signed) "Dan Barnholden" Dan Barnholden, Chief Executive Officer Cautionary Note Regarding Forward-Looking Statements Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities laws. Forward Looking Information includes, but is not limited to, estimated production guidelines for 2025 and other possible events, conditions or performance that are based on assumptions about the proposed exploration program and its anticipated results; the timing and costs of future activities on the Company's properties, such as production rates and increases and sustaining capital expenditures; success of exploration, development, and metres to be drilled in exploration on the Tahuehueto Mine site and the Campo Morado Mine site. In certain cases, Forward-Looking Information can be identified using words and phrases such as "plans","expects","scheduled", "estimates", "forecasts", "intends", "anticipates" or variations of such words and phrases. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, that the Company will be able to raise additional capital as necessary; the current exploration, development, environmental and other objectives concerning the Tahuehueto Mine can be achieved; that consistent and sustainable mill feed at Campo Morado Mine will be achieved; the continuity of the price of gold and other metals and economic and political conditions. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. 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 Canada
05-05-2025
- Business
- Cision Canada
LUCA DISCOVERS MULTIPLE NEW HIGH-GRADE ORE SHOOTS AT TAHUEHUETO MINE, DURANGO, MEXICO
VANCOUVER, BC, May 5, 2025 /CNW/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to announce analytical results from the next nine (9) underground diamond drill holes of an ongoing 5,000 metre ("m") exploration drill program at the Tahuehueto gold-silver mine in Durango State, Mexico. New high-grade breccia ore shoot discovered within the El Creston vein system located approximately 60m below the active mine workings of Level 23; discovery drill hole returned 9.4m of 5.21 g/t AuEq** within a larger 13.9m zone of 3.90 g/t AuEq An additional new high-grade breccia ore shoot discovered at an untested area of the Creston FW Vein north of current underground workings, with three (3) new drill holes returning results including: 4.8m of 5.62 g/t AuEq, 6.9m of 4.10 g/t AuEq and 5.1m of 5.62 g/t AuEq, including 2.4m of 9.37 g/t AuEq 20 underground drillholes completed to date as part of a 5,000m Phase 1 program targeting near-mine resource expansion Additional mineral potential identified in underexplored zones – results to inform updated mineral resource and near and medium term Tahuehueto mine plans Surface drilling is set to begin shortly at the Santiago deposit – one of 18 identified mineralized veins on the Tahuehueto Property – first exploration this target has seen since 2008 Drillhole DDH24-216 targeted a previously untested zone, approximately 60m below the active mine workings of Level 23, and intersected a new high-grade brecciated zone within the El Creston vein system that returned 9.4m of 0.48 g/t Au, 166.63 g/t Ag, 1.46% Cu, 2.00% Pb, and 0.71% Zn (5.21 g/t Au Eq) within a larger 13.9m zone of 0.43 g/t Au, 121.09 g/t Ag, 1.10% Cu, 1.40% Pb, and 0.51% Zn (3.90 g/t AuE Eq) from 124.6m. Drillhole DDH25-221 targeted the strike extension of the Creston FW Vein north of previously drilling, in an area approximately 65 horizontal metres from active mine workings of Level 12, and intersected a new high-grade brecciated zone within the El Creston vein system that returned 6.9m of 1.90 g/t Au, 68.40 g/t Ag, 0.19% Cu, 1.40% Pb, and 2.16% Zn (4.10 g/t AuEq) from 119.9m. Drillhole DDH25-222 was drilled into an undertested area of the Creston FW Vein north of current underground workings, in an area approximately 80 horizontal metres from active mine workings of Level 12, and intersected a new high-grade brecciated zone within the El Creston vein system that returned 4.8m of 3.15 g/t Au, 121.51 g/t Ag, 0.58% Cu, 0.27% Pb and 0.41% Zn (5.62 g/t AuEq) from 117.7m. Drillhole DDH25-224 was, similar to DDH25-222, drilled into an undertested area of the Creston FW Vein north of current underground workings, in an area approximately 120 horizontal metres from active mine workings of Level 12, and intersected a new high-grade brecciated zone within the El Creston vein system that returned 5.1m of 0.76 g/t Au, 88.19 g/t Ag, 0.42% Cu, 3.36% Pb and 6.85% Zn (5.62 g/t AuEq) from 134.4m, including 2.4m of 1.23 g/t Au, 111.51 g/t Ag, 0.71% Cu, 6.86% Pb and 11.80% Zn (9.37 g/t AuEq). Figure 1 presents the location of the drillholes and Tables 1 and 2 provide summary analytical results and drill collar details, respectively. Twenty (20) holes have been completed to date for over 4,500m as part of the current Phase 1 exploration drilling campaign, which has a primary resource development objective to determine both vertical and lateral extents of known mineralization within the Creston and Perdido vein systems that are; a) proximal to current mine workings and b) interpreted to host un-tested extensions of the mineralized structures. Through these efforts, it is anticipated that mineable resources will be added into the near-term and medium term Tahuehueto Mine Plan. The majority of holes completed to date in this program have intersected new mineralized parts of the Creston and Perdido vein structures in areas of no previous historic drilling, further validating the continuous nature of these pervasive and mineralized veins. A key result is the discovery of a new, thick, high-grade breccia zone ore shoot in close proximity to the existing mine workings which demonstrates the high potential for additional new high-impact discoveries and the immediate and meaningful return on investment of this exploration drilling. Paul D. Gray, Luca VP Exploration, commented, " The discovery of multiple new high-grade ore shoots so quickly into this new exploration program confirms the robust nature of the Tahuehueto epithermal vein system and the potential to add immediate value to this asset. The fact that the current drilling program has consistently intersected well-mineralized veins in previously untested areas also confirms the Company's exploration approach and moreover speaks to the larger potential of the Tahuehueto mineralized system. In particular, the high-grade breccia zones intersected within holes DDH24-216 and DDH25-221 that represent new ore shoots, highlight the unrealized economic potential of the Creston Vein, and we look forward to additional results from the drillholes currently under analysis." With the success of the Phase 1 exploration campaign, a Phase 2 underground drilling program consisting of an additional 5,000m of drilling has been approved and has commenced. Phase 2 will target the extension of the Creston Vein System to the north and will be bolstered by surface drilling in and around the underexplored Santiago Deposit, located ~950m from the eastern extent of the existing Tahuehueto mine development. The Santiago Deposit (See Company News Release of April 26, 2022) offers significant expansion potential as historic drilling left it open along strike and to depth. Recent surface mapping at Santiago has identified the potential for thick, higher-grade breccia-type ore shoots within areas of the deposit with low drill density and along strike. Table 1: Highlighted Diamond Drill Assay Results from DDH24-216 through DDH2 5-224 *True widths are estimated to be 85% of drilled intervals. ** AuEq equation is: AuEq = Au + (Ag*0.0128) + (Cu%*1.2799) + (Pb%*0.2737) + (Zn%*0.3359), at $2,250 US$/oz Au, 28 US$/oz Ag, 9,260 US$/Tonne Cu, 1,980 US$/Tonne Pb and 2,430 US$/Tonne Zn, respectively. Table 2: Drill Collar Locations and Details for Released Results Hole ID WGS84 Z14 Easting WGS84 Z14 Northing Elevation (m) Azimuth Dip (°) Total Depth (m) DDH24-216 337564 2812620 1,262 320 -35 177.3 DDH24-217 337564 2812620 1,262 320 -55 190.7 DDH25-218 337565 2812622 1,262 355 -25 244.1 DDH25-219 337565 2812622 1,262 355 -38 208.2 DDH25-220 337565 2812622 1,262 355 -60 228.0 DDH25-221 337804 2813099 1,513 298 5 243.5 DDH25-222 337804 2813099 1,513 323 -20 225.0 DDH25-223 337804 2813099 1,513 323 -50 222.0 DDH25-224 337804 2813099 1,513 323 18 246.5 About 2025 Tahuehueto Exploration Program The Tahuehueto property comprises a large, epithermal gold-silver vein system comprising 11 kilometres of strike length of known veins and mineralized and structures. These campaigns represent the first substantive exploration drilling on the Property in over 12 years. Mineralization remains open along strike and at depth for most of the modeled Mineral Resource areas. The objective of the current campaigns will be a combination of in-fill and step-out drilling to demonstrate the vertical and lateral extent of mineralization as well as to target thick, high-grade mineralized breccia-type ore shoots known to exist within the epithermal vein system. Recent mining in Level 23 encountered higher grade mineralization averaging 3.30 g/t Au over vein widths up to 20 metres (with values up to 65.04 g/t Au) in ore shoots branching off the main Creston vein (See news release dated May 29, 2024). In addition to the four veins that comprise the mineral resource, there are at least 14 additional prospective veins documented within the concession area that have potential to host additional epithermal Au-Ag(-Cu-Zn-Pb) mineralization. In some cases, these prospective targets may represent extensions of the currently defined Mineral Resource. The Company estimates that there are more than 11 km of prospective vein structures (measured along strike), compared to the 4.5 km of mineralized veins that support the current Mineral Resource model. Figure 2 below shows the relative location of prospective veins (yellow) and veins modeled for resources and reserves (red) within the Company's concession area. INTERACTIVE VRIFY 3D MODEL To explore an interactive 3D model featuring the results announced today, click the following link or visit the LUCA Mining website: About Luca Mining Corp. Luca Mining (TSX-V: LUCA, OTCQX: LUCMF, Frankfurt: Z68) is a diversified Canadian mining company with two 100%-owned producing mines within the prolific Sierra Madre mineralized belt in Mexico which hosts numerous producing and historic mines along its trend. The Company produces gold, copper, zinc, silver and lead from these mines that each have considerable development and resource upside. The Campo Morado polymetallic VMS mine is an underground operation located in Guerrero State. It produces copper-zinc-lead concentrates with precious metals credits. It is currently undergoing an optimization program which is already generating significant improvements in recoveries, grades, efficiencies, and cashflows. The Tahuehueto Mine is a large property of over 75 square kilometres 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. The Company has successfully commissioned its mill and is now in commercial production. Analytical Method and Quality Assurance/Quality Control Measures All drill core splits reported in this news release were analysed by Bureau Veritas of Durango, Mexico, utilizing the Multi-Acid digestion ICP-ES 35-element MA300 analytical package with FA-430 30-gram Fire Assay with AAS finish for gold on all samples. Au over-limits from FA-430 are re-analyzed by FA530 30-gram Fire Assay with Gravimetric finish. Ag over-limits from ICP MA300 analytical package are re-analyzed by FA530 30-gram Fire Assay with Gravimetric finish. Similarly, Cu, Pb and Zn over-limits from ICP MA300 analytical package are re-analyzed by ICP Multi-Acid digestion MA370 package. All core samples were split by core saw on-site at Luca's core processing facilities at the Tahuehueto Mine. Once split, half samples were placed back in the core boxes with the other half of split samples sealed in poly bags with one part of a three-part sample tag inserted within. Samples were collected by Bureau Veritas at the Tahuehueto Mine site and transported to Bureau Veritas' Durango Laboratory, where samples are prepared to a 250 gram pulp and analyzed for Gold by Fire assay with pulps shipped to Bureau Veritas's Analytical laboratory in Vancouver, B.C., for final ICP chemical analysis. A robust system of standards, 1/4 core duplicates and blanks was implemented in the 2024-2025 exploration drilling program and is monitored as chemical assay data become. Qualified Person The technical information contained in this news release has been reviewed and approved by Mr. Paul D. Gray, Vice President Exploration at Luca Mining. Mr. Gray is a Qualified Person for the Company as defined by National Instrument 43-101. On Behalf of the Board of Directors (signed) "Dan Barnholden" Dan Barnholden, Chief Executive Officer For more information, please visit: Cautionary Note Regarding Forward-Looking Statements It should be noted that Luca declared commercial production at Campo Morado prior to completing a feasibility study of mineral reserves demonstrating economic and technical viability. Accordingly, readers should be cautioned that Luca's production decision has been made without a comprehensive feasibility study of established reserves such that there is greater risk and uncertainty as to future economic results from the Campo Morado mine and a higher technical risk of failure than would be the case if a feasibility study were completed and relied upon to make a production decision. Luca has completed a preliminary economic assessment ("PEA") mining study on the Campo Morado mine that provides a conceptual life of mine plan and a preliminary economic analysis based on the previously identified mineral resources (see news releases dated November 8, 2017, and April 4, 2018). Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities laws. Forward Looking Information includes, but is not limited to, disclosure regarding the Financings, the anticipated timing of closing thereof and the expected use of proceeds therefrom; and other possible events, conditions or financial performance that are based on assumptions about future economic conditions and courses of action; the timing and costs of future activities on the Company's properties, such as production rates and increases; success of exploration, development and bulk sample processing activities, and timing for processing at its own mineral processing facility on the Tahuehueto project site. In certain cases, Forward-Looking Information can be identified using words and phrases such as "plans," "expects," "scheduled," "estimates," "forecasts," "intends," "anticipates" or variations of such words and phrases. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, that all requisite approvals in respect of the Financings will be received, and all conditions precedent to completion of the Financings will be satisfied, in a timely manner; the Company will be able to raise additional capital as necessary; the current exploration, development, environmental and other objectives concerning the Campo Morado Mine and the Tahuehueto Project can be achieved; the program to improve mining operations at Campo Morado will proceed as planned; the continuity of the price of gold and other metals, economic and political conditions, and operations. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. 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. SOURCE Luca Mining Corp.
