theRupertPupkin
2日前
Posted on behalf of Luca Mining Corp. — LUCA.v; LUCMF
After recently releasing promising Q1 results, Luca Mining is moving rapidly into its next phase of organic growth. The company finished the first quarter in its strongest financial position to date, growing its cash treasury to US$36.4 million while remaining completely on track to eliminate its remaining debt by mid-2026.
Looking ahead, Luca is focused on executing a near-term valuation re-ranking by doubling production across its core Mexican assets. This growth will be driven by the continued operational ramp-up of the newly constructed Tahuehueto gold mine alongside a fully funded, US$25 million multi-year exploration program.
At the same time, the company is optimizing its Campo Morado operation to transition it into a higher-margin precious metals platform, supported by an updated NI 43-101 technical report expected in the second half of 2026.
See their full presentation here: https://lucamining.com/presentation/
theRupertPupkin
4日前
Posted on behalf of Luca Mining Corp. — LUCA.v; LUCMF
Luca Mining Corp. recently reported promising Q1 financial results alongside an operational update showcasing significant throughput and efficiency milestones at its Mexican operations.
Looking ahead, the company will focus on executing near-term optimization initiatives to steadily increase metallurgical recoveries at Campo Morado while sustaining production rates above 1,050 tonnes per day at Tahuehueto.
Luca Mining's projects consist of two 100%-owned, producing operations in Mexico, featuring the flagship, high-grade Tahuehueto gold-silver mine in Durango and the polymetallic Campo Morado copper-zinc-lead mine in Guerrero.
View their investor presentation: https://lucamining.com/
theRupertPupkin
5日前
Posted on behalf of Luca Mining Corp. — LUCA.v; LUCMF
Under the direction of newly appointed COO Nick Shakesby, Luca Mining Corp. is rapidly advancing technical initiatives to enhance mill performance and mine planning across its Campo Morado and Tahuehueto operations.
At Campo Morado, the team has successfully built a substantial surface stockpile that now provides the crucial flexibility to carefully blend mill feed. This strategic shift is designed to improve overall metallurgical recovery performance and support future optimization programs, all while maintaining a strong throughput of 1,900 tonnes per day.
Concurrently, operations at Tahuehueto are benefiting from increased mill availability and optimized mining rates. By partnering closely with contractor La Cantera, the site has achieved highly consistent production, successfully pushing average milling rates past 1,050 tonnes per day.
See the full update here: https://www.prnewswire.com/news-releases/luca-provides-operations-and-corporate-update-302793467.html
theRupertPupkin
6日前
Posted on behalf of Luca Mining Corp. — LUCA.v; LUCMF
This morning, Luca Mining released an operational update highlighting significant efficiency improvements across its mining and milling operations at both the Campo Morado and Tahuehueto mines.
Driven by recently expanded operational leadership, the company is successfully optimizing throughput and mine planning.
Key operational updates from the announcement include:
- Massive Stockpile Build at Campo Morado: Strong performance from mining contractor Cominvi has built a surface ore stockpile of approximately 63,000 tonnes as of May 31, 2026—a five-fold increase from the 12,000 tonnes reported at the end of 2025.
- Consistent Milling Throughput: Plant throughput at Campo Morado remained strong through April and May, averaging roughly 1,900 tonnes per day. The newly built stockpile will allow the team to blend mill feed to enhance metallurgical recoveries.
- Rising Production Rates at Tahuehueto: Driven by contractor La Cantera and improved mill availability, milling rates at Tahuehueto increased to over 1,050 tpd through April and May, marking a greater than 5% increase over Q1 2026.
Looking ahead, CEO Dan Barnholden noted that under the direction of new COO Nick Shakesby, the company has rapidly de-risked and optimized both assets. The management team looks forward to maintaining this strong operational momentum to fully unlock the true value and capacity of both Mexican mines.
See the full NR here: https://www.prnewswire.com/news-releases/luca-provides-operations-and-corporate-update-302793467.html
theRupertPupkin
1週前
Posted on behalf of Luca Mining Corp. — LUCA.v; LUCMF
Luca Mining recently updated its corporate presentation, outlining important milestones and a clear strategic vision as an emerging premier producer.
Key takeaways from the updated roadmap include:
- Near-Term Re-Rating: Backed by a clean balance sheet with zero debt targeted by mid-2026, the company is driving toward a valuation re-rating fueled by the successful optimization of Campo Morado and the production ramp-up at Tahuehueto.
- De-Risked Growth Without Dilution: Luca’s fully permitted, cash-generating operations remove the need for dilutive equity financing, allowing the company to internally fund near-term optimization initiatives.
- Targeting Mid-Tier Status: The technical team is aiming to double production in the near term while evaluating opportunities to materially increase gold and silver revenues.
Looking ahead, Luca is focused on executing exciting brownfield and greenfield exploration programs alongside accretive M&A opportunities to achieve its long-term target of 200,000+ ounces of gold equivalent production.
See the full presentation here: https://lucamining.com/presentation/
theRupertPupkin
1週前
Posted on behalf of Luca Mining Corp. — LUCA.v; LUCMF
Luca Mining Corp. recently released their financial and operational results for the first quarter ended March 31, 2026, delivering significant growth driven by strong operating leverage and high metal prices.
Financial and operational highlights from the quarter include:
- Revenue grew 40% to $57.6 million, causing net earnings to surge to $12.6 million compared to $4.5 million in Q1 2025.
- Adjusted EBITDA increased 99% to $25.4 million, while mine operating earnings rose 67% to $22.3 million.
- Operating cash flow reached $21.6 million, which fully funded $10.9 million in sustaining and exploration capital expenditures.
- The company's total cash balance increased by 43% during the three-month period to end at $36.4 million.
Moving forward, the company is using its strong cash flow to fund underground development and infrastructure upgrades to maximize future production flexibility.
See the full report here: https://lucamining.com/2026/05/luca-mining-corp-reports-strong-first-quarter-2026-results/
MarketMindset
2週前
Posted on behalf of Luca Mining Corp. - Luca Mining: $36.4M Cash, $25.4M EBITDA (+99%) & Self-Funded Exploration – 4Moz Gold Equivalent Portfolio Poised for 100k+ Oz Growth
(TSXV: LUCA | OTCQX: LUCMF) delivered a decisive Q1 2026, reinforcing its transition into a self-funding growth platform.
Financial Performance
• Revenue: $57.6M (+40% YoY)
• Net earnings: $1capex(vs. $4.5M Q1/25)
• Adjusted EBITDA: $25.4M (+99%)
• Operating cash flow: $21.6M
• Cash: $36.4M (+43% QoQ)
Importantly, Luca self-funded ~$10.9M in sustaining and exploration capex while still increasing cash by ~$10.8M — demonstrating expanding margin leverage and disciplined capital allocation.
Free cash flow (pre–working capital) reached $12.9M as underground development, infrastructure upgrades, and optimization programs advanced at both Campo Morado and Tahuehueto.
Operationally:
• Campo Morado produced 37.3M ZnEq lbs (+17%) while executing $5.5M in strategic sustaining investment to strengthen sequencing and recoveries
• Tahuehueto advanced toward steady-state throughput, initiated copper concentrate production, and continues unlocking higher-grade zones
With strengthening liquidity, technical leadership additions, and elevated development spend already funded internally, Luca enters the balance of 2026 positioned for improved production stability and sustained free cash flow growth.
https://lucamining.com/
MarketMindset
2週前
Posted on behalf of Luca Mining Corp. -
Luca Mining, Debt-Free Turnaround with 4Moz Gold Inventory & $25M Exploration Program: Poised for 100k–200k Oz Producer Status
Javier Reyes, Head of Luca Mining | Rule Symposium 2026
At the 2026 Rule Symposium, Rick Rule interviewed Javier Reyes, CEO of Luca Mining Corp. (TSXV: LUCA | OTCQX: LUCMF), highlighting a turnaround strategy built on operational execution, disciplined capital allocation, and deep in-country expertise.
https://www.reddit.com/r/Penny_Stocks_Canada/comments/1tua33g/luca_mining_debtfree_turnaround_with_4moz_gold/
StockInfo11
3週前
Posted on behalf of Luca Mining Corp. - Today, Luca Mining Corp. (LUCA.v LUCMF) reported strong Q1 2026 financial and operational results as revenue climbed 40% to $57.6M, net earnings reached $12.6M, and adjusted EBITDA rose to $25.4M. The company generated $21.6M in operating cash flow, increased its cash balance 43% to $36.4M, and funded $10.9M in sustaining and exploration capital expenditures across its Campo Morado and Tahuehueto operations. Luca also advanced underground development, infrastructure upgrades, flotation improvements, and drilling programs, while Tahuehueto achieved an operational milestone with the commencement of copper concentrate production. More than 40,260 metres have now been drilled under the company’s ongoing 80,000-metre exploration program as Luca continues positioning both operations for improved long-term production consistency and future free cash flow generation.
Full news release here: https://lucamining.com/news/luca-mining-corp-reports-strong-first-quarter-2026-results/
theRupertPupkin
3週前
Posted on behalf of Luca Mining Corp. - LUCA.v; LUCMF
In a recent investor presentation, Luca Mining CEO Dan Barnholden detailed the company's aggressive growth strategy to reach 200,000 ounces of gold equivalent production.
To achieve this milestone, management is advancing three major catalysts:
First, unlocking massive precious metal value at the Campo Morado mine by transitioning to higher-grade deposits and implementing metallurgical upgrades.
Second, an upcoming step-down in their Tahuehueto silver stream obligation that is projected to add $20 million in incremental free cash flow by 2028.
Finally, the company is actively evaluating M&A opportunities to acquire and turn around additional underperforming assets in Mexico.
View the full video here:
StockInfo11
3週前
Posted on behalf of Luca Mining Corp. - Click the OP to watch the full video @LucaMining @VSACapital @DoubleOD2 https://t.co/y0gdcF7xFZ pic.twitter.com/q38eoieWCf— VSA Capital (@VSACapital) May 11, 2026
After releasing robust Q1 2026 gold, copper, zinc, silver and lead production results, Luca Mining (LUCA.v LUCMF) shared positive exploration drilling results from its Tahuehueto gold-silver mine in Durango, Mexico.
Hole DDH26-SU-07 returned 6.8m grading 5.54g/t AuEq, consisting of 4.08g/t Au, 58.79g/t Ag, 0.71% Cu, 0.74% Pb and 1.19% Zn. Within that interval, the Company reported 1.0m of 22.35g/t AuEq, including 20.20g/t Au, 72.70g/t Ag, 1.13% Cu, 0.78% Pb and 2.65% Zn.
The program continues to expand high-grade mineralization near existing underground infrastructure while supporting future mine planning and resource growth. Luca plans to invest an additional $2.4 million into exploration activities at Tahuehueto through the remainder of 2026.
Full details here: https://lucamining.com/2026/05/luca-intersects-6-8-metres-of-5-5-g-t-gold-equivalent-at-tahuehueto-mine-further-expanding-high-grade-mineralization-proximal-to-existing-workings/
MarketMindset
3週前
Posted on behalf of Luca Mining Corp. -From Turnaround to Shareholder Returns: Luca Mining (TSXV: LUCA) Launches 5% NCIB with $36M Cash & Debt-Free Path
(TSXV: LUCA | OTCQX: LUCMF) is entering a new capital allocation phase — pairing balance sheet strength with direct shareholder returns.
NCIB Launched
Luca has announced its intention to initiate a Normal Course Issuer Bid (NCIB) to repurchase up to 13,750,000 common shares, representing approximately 5% of shares outstanding.
The bid is expected to run from May 21, 2026 to May 20, 2027, unless completed earlier.
Management and the Board have stated clearly: the current share price does not reflect the company’s underlying value — particularly considering:
• Strong and growing free cash flow
• Self-funded expansion capability
• The replacement value of two producing Mexican mines
Balance Sheet Transformation
The financial turnaround has been material.
• Cash grew from ~$1M (end of 2023) to $25.5M (FY2025)
• Debt reduced from ~$30M to $1.4M
• By Q1 2026, cash increased further to $36.5M
• Luca is on track to be debt free this quarter
Management has emphasized cash growth and disciplined capital management — without returning to equity markets.
Exploration Through 2027
A $25M multi-year exploration program is underway with six drills turning at Tahuehueto and Campo Morado. The focus: extend mine life, grow resources, and target higher-grade zones to support margin expansion.
Cost & Margin Strategy
• Tahuehueto: Record throughput and improving grade consistency targeting lower unit costs
• Campo Morado: Metallurgical recovery optimization under strengthened technical leadership
Strategic Shift
With debt nearly eliminated, a declining silver stream burden, rising commodity prices, and steady exploration catalysts ahead, Luca is transitioning from balance sheet repair to growth — and now adding share buybacks as a signal of confidence.
Debt reduction. Cash growth. Drill-driven expansion. Capital returns.
Luca is positioning itself as a self-funded growth story with increasing leverage to metals prices and operational upside.
https://www.newswire.ca/news-releases/luca-announces-intention-to-launch-normal-course-issuer-bid-862287128.html
theRupertPupkin
4週前
Posted on behalf of Luca Mining Corp. - LUCA.v; LUCMF
Luca Mining Corp. has announced its intention to launch a Normal Course Issuer Bid (NCIB), a strategic share buyback program designed to return value to its shareholders.
The company intends to repurchase up to 13,750,000 common shares, representing approximately 5% of its currently issued and outstanding stock.
The NCIB is expected to commence on May 21, 2026, and will terminate on May 20, 2027, or on an earlier date in the event that the maximum number of Common Shares sought under the NCIB have been repurchased.
Management and the Board of Directors firmly believe that the current share price does not adequately reflect Luca's underlying value—particularly when factoring in the strong free cash flow generation, the ability to self-fund expansion, and the replacement value of its two producing Mexican mines.
View the full NR here: https://lucamining.com/2026/05/luca-announces-intention-to-launch-normal-course-issuer-bid/
theRupertPupkin
1月前
Posted on behalf of Luca Mining Corp. - LUCA.v; LUCMF
"This latest round of surface drilling further confirms that high-grade breccia zones within the Creston Vein system remain unmined below current workings, and are expected to be included into near- and medium-term mine plans at Tahuehueto," stated Paul D. Gray, VP Exploration for Luca Mining.
The company also outlined that these newly identified, high-grade breccia zones sit within easy development distance of existing infrastructure, while simultaneous underground drilling successfully intersected the long-dormant El Rey vein.
To rapidly follow up on these dual successes, Luca has increased its 2026 exploration budget by $2.4 million and now has three drill rigs actively turning on site.
View the full NR here: https://lucamining.com/2026/05/luca-intersects-6-8-metres-of-5-5-g-t-gold-equivalent-at-tahuehueto-mine-further-expanding-high-grade-mineralization-proximal-to-existing-workings/
theRupertPupkin
1月前
Posted on behalf of Luca Mining Corp. - LUCA.v; LUCMF
In a recent interview, Luca Mining CEO Dan Barnholden explained how the company is rapidly executing a turnaround strategy at its two operating mines in Mexico, focusing on optimization, exploration, and expansion.
In the interview, Barnholden highlighted several major catalysts driving the company forward, including:
Debt Free Production: The company is generating strong free cash flow, adding $20 million to its balance sheet over the last two quarters. After aggressively paying down legacy liabilities, Luca expects to be completely debt-free by the end of July.
Mill Optimization: Throughput at the Tahuehueto mine recently hit a record 1,350 tonnes per day. Meanwhile, at Campo Morado, the team is advancing plans for an ultrafine grind circuit designed to substantially increase precious metal recoveries.
Aggressive Exploration: Backed by a newly approved $25 million exploration budget, Luca currently has six drills turning across both properties. This ensures a steady stream of news flow for investors as the company targets major resource expansion.
Watch the full interview here:
theRupertPupkin
1月前
Posted on behalf of Luca Mining Corp. - LUCA.v; LUCMF
Last week, Luca Mining reported encouraging new assay results from its 2026 drilling program at the Tahuehueto mine in Mexico.
The latest drilling intersected high-grade gold mineralization in newly identified breccia zones located just below current mine workings, strongly supporting near-term resource expansion.
Standout intercepts included 6.8 metres grading 5.54 g/t AuEq. Because these intercepts occur within development distance of existing underground infrastructure, Luca expects to readily include these new zones in near-term mine plans.
Looking ahead, Luca's 2026 exploration program is designed to aggressively expand the vertical and lateral extent of this mineralization.
With over 11 kilometres of prospective vein structures identified along strike and at least 14 additional prospective veins documented, investors can look forward to significant exploration upside as the drill rigs continue turning.
View the full NR here: https://lucamining.com/2026/05/luca-intersects-6-8-metres-of-5-5-g-t-gold-equivalent-at-tahuehueto-mine-further-expanding-high-grade-mineralization-proximal-to-existing-workings/
StockInfo11
1月前
Posted on behalf of Luca Mining Corp. - Luca Mining (LUCA.v LUCMF), a producer of gold, copper, zinc, silver and lead, reported new 2026 drill results from its Tahuehueto mine in Durango, Mexico, highlighting continued expansion of high-grade breccia-hosted mineralization near existing workings. Year to date, Luca has completed 40 underground holes (8,268m) and 25 surface holes (4,599m) and plans to invest an additional $2.4 million in 2026 at Tahuehueto, which hosts approximately 11km of known vein strike with just 4.5km currently incorporated into the mineral resource model. Full news here: https://lucamining.com/2026/05/luca-intersects-6-8-metres-of-5-5-g-t-gold-equivalent-at-tahuehueto-mine-further-expanding-high-grade-mineralization-proximal-to-existing-workings/
MarketMindset
1月前
Posted on behalf of Luca Mining Corp. - Luca Mining Accelerates Gold Exploration with 6 Rigs and US$25M Three-Year Plan – Debt Nearly Eliminated, Cash Flow Funding Resource Growth
(TSX-V: LUCA) CEO Dan Barnholden joined VSA Capital’s Ollie O’Donnell to discuss FY25 results, Q1 2026 production, and the roadmap through 2027.
Setting the Stage
Luca marks one year as a multi-mine operator, with FY25 and Q1/26 results underscoring a material financial turnaround
FY25 Transformation vs FY23
• Q4 generated >US$20M in free cash flow
• FY25 year-end cash: ~US$25.5M
• Q1 2026 cash: ~US$36.5M
• Debt reduced from ~US$30M (FY23) to ~US$1.4M, with full repayment expected this quarter
A near mirror-image balance sheet shift in two years.
Exploration Through 2027
• US$7.5M drill budget in 2026
• Three-year, US$25M exploration plan
• Six rigs turning across both assets
• Silver stream expected to materially reduce by late 2027/early 2028, unlocking incremental cash flow
Debt-Free & Cash Accretive
Management emphasizes cash growth as the core performance metric — with no equity raise on the horizon
Share Price vs Commodity Leverage
Despite zinc, copper, gold, and silver strength, management believes LUCA’s operational cash generation is not yet reflected in the share price
Accounting Loss vs Operational Profitability
The reported net loss was largely driven by accounting treatment of the silver stream. Operationally, Tahuehueto remains cash generative, with ~700,000 oz remaining on the stream
Shareholder Value Actions
A structured silver call strategy in Q1 crystallized >US$3M in gains, directly enhancing the cash balance
Cost Optimization:
Tahuehueto
• New COO appointed
• Throughput record: 1,350 tpd (nameplate 1,200 tpd)
• Improving grade consistency (~4 g/t AuEq)
• Near-mine higher-grade intercepts identified
Cost Optimization: Campo Morado
• Metallurgical recovery improvements underway
• New PhD metallurgist hired
• Expansion study targeting improved gold and silver recovery in H2 2026
Exploration Acceleration
Six drills turning across both mines aim to extend mine life, grow resources, and potentially improve grade profiles
Newsflow Through 2027
2026 focus:
• Aggressive exploration
• Campo Morado expansion initiatives
• Ongoing cash growth
• Active M&A targeting a potential third asset
FY25 repositioned Luca from leveraged developer to cash-generating multi-asset producer. With debt nearly eliminated, exploration fully funded, cost optimization underway, and silver stream relief approaching by 2027, management is focused on compounding cash flow and expanding the platform.
MarketMindset
1月前
Posted on behalf of Luca Mining Corp. -Luca Mining Strikes Gold: 118m @ 2.53 g/t Au & 100m+ High-Grade Hits Expand Near-Mine at Campo Morado
LUCA has intersected broad, high-grade polymetallic mineralization in the unmined Largo Norte zone at its Campo Morado VMS mine in Guerrero, Mexico — immediately adjacent to active underground workings.
Headline Intercepts – Largo Norte
• CMUG-26-38: 118.2m @ 2.53 g/t Au, 77.89 g/t Ag, 0.76% Cu, 0.57% Pb, 1.99% Zn
Incl. 20.8m @ 4.02 g/t Au, 180.72 g/t Ag, 2.02% Pb, 3.90% Zn
• CMUG-26-39: 100.7m @ 2.80 g/t Au, 90.72 g/t Ag, 0.59% Cu, 0.71% Pb, 2.59% Zn
Incl. 35.1m @ 3.99 g/t Au, 131.32 g/t Ag
• CMUG-26-37: 77.1m @ 2.31 g/t Au, 47.05 g/t Ag, 0.77% Cu
• CMUG-26-41: 71.0m @ 1.57 g/t Au, 20.12 g/t Ag, 0.72% Cu
Entire intercept lies outside the current Largo Norte resource, expanding mineralization ~20m beyond prior limits
The Largo Norte Zone is a ~650m-long, shallow south-dipping VMS body ranging 20–60m in thickness. This season’s six underground holes have materially increased confidence and extended mineralization in this under-drilled area.
Why It Matters
• Broad widths with strong gold-silver enrichment
• Mineralization proximal to existing underground infrastructure
• Direct potential to add mineable tonnes to the 2026–2028 mine plan
This marks the first meaningful exploration campaign at Campo Morado since 2014. To date:
• 47 underground holes (10,880m) completed
• 44 surface holes (11,570m) at Reforma, El Rey and other targets
• 38+ exploration targets identified across the concession
Drilling continues with two surface rigs and one underground rig targeting Largo, Largo Norte, Naranjo, Fish, Reforma and El Rey — all contributing to near- and medium-term production planning.
Luca is demonstrating the ability to grow high-grade resources from within existing workings at Campo Morado. Broad, gold-rich VMS intercepts at Largo Norte provide a clear pathway to expand mineable inventory while leveraging established infrastructure — a high-impact combination for near-term value creation.
https://www.prnewswire.com/news-releases/luca-intersects-118-metres-of-2-5-gt-gold-78-0-gt-silver-0-8-copper-0-6-pb-and-2-0-zinc-at-largo-norte-zone-campo-morado-mine-302755167.html
theRupertPupkin
1月前
Posted on behalf of Luca Mining Corp. - LUCA.v; LUCMF In a new interview with VSA Capital, Luca Mining CEO Dan Barnholden broke down the company's FY25 results, strong Q1 2026 production numbers, and the strategic roadmap heading into 2027.
Barnholden detailed aggressive cost-reduction strategies currently being implemented at both the Tahuehueto and Campo Morado mines.
By optimizing these assets and driving profitability, management has set a clear, near-term goal to become completely debt-free while rapidly growing their cash balance.
This update comes right after the company's promising drill results at Campo Morado, where they recently intersected 118 metres of 2.53 g/t gold and 78.0 g/t silver at the unmined Largo Norte zone.
Backed by strengthening financials, Barnholden emphasized that Luca is fully funded for extensive exploration. With drilling planned continuously until late 2027, investors can expect a steady stream of highly anticipated news flow as the company actively unlocks further shareholder value.
View the full video here:
theRupertPupkin
2月前
Posted on behalf of Luca Mining Corp. - LUCA.v; LUCMF this week released new underground drill results from its ongoing exploration program at the Campo Morado polymetallic VMS mine in Guerrero State, Mexico.
Highlights
- Underground drillhole CMUG-26-38 intersected 118.2 metres of 2.53 g/t Au, 77.89 g/t Ag, 0.76% Cu, 0.57% Pb and 1.99% Zn from 179.9m, defining expanded mineralization in the unmined Largo Norte zone
- Underground drillhole CMUG-26-39 intersected 100.7m of 2.80 g/t Au, 90.72 g/t Ag, 0.59% Cu, 0.71% Pb and 2.59% Zn from 113.0m, expanding previously defined mineralization in the unmined Largo Norte zone
- Underground drillhole CMUG-26-37 intersected 77.1m of 2.31 g/t Au, 47.05 g/t Ag, 0.77% Cu, 0.24% Pb and 0.96% Zn from 182.0m
- Underground drillhole CMUG-26-41 intersected 71.0m of 1.57 g/t Au, 20.12 g/t Ag, 0.72% Cu, 0.07% Pb and 0.39% Zn from 113.5m, with the entirety of the mineralized intercept outside of the Largo Norte resource, and together with CMUG-26-36 have combined to expand mineralization up to approximately 20m beyond the current extents
Exploration drilling operations continue at Campo Morado with two surface drill rigs and one underground drill rig.
Paul D. Gray, Luca's VP of Exploration, commented: "Together, the six drillholes collared into Largo Norte this season have increased confidence in this area and expanded previously defined mineralization, which management believes will represent an important addition to the mineral endowment of the Campo Morado Mine."
View the full NR here: https://lucamining.com/2026/04/luca-intersects-118-metres-of-2-5-g-t-gold-78-0-g-t-silver-0-8-copper-0-6-pb-and-2-0-zinc-at-largo-norte-zone-campo-morado-mine/
theRupertPupkin
2月前
Posted on behalf of Luca Mining Corp. - LUCA.v; LUCMF has recently reported production results for the three months ended March 31, 2026, alongside continued strengthening of its balance sheet.
As at March 31, 2026, Luca's cash position increased to approximately $36.4 million, compared to $25.5 million at year-end 2025. As previously disclosed in the Company's Q4/25 financial results, debt has been reduced to approximately $1.4 million, with the remaining balance expected to be fully repaid by mid-2026.
During the first quarter of 2026, the Company completed approximately 10,058 metres of drilling. Exploration activities were primarily focused on near-mine and resource expansion targets, achieving the objectives of extending mine life and improving production flexibility at the Company's operating assets.
"We started 2026 on strong footing, with solid operating performance and strong silver production in a favorable price environment," said Dan Barnholden, Chief Executive Officer. "We remain focused on operational improvements at both mines, with particular emphasis on Campo Morado as we advance the Campo Morado Expansion study toward a technical report in the second half of 2026."
"With a significantly strengthened balance sheet, Luca is well positioned to continue executing on its growth strategy, including advancing exploration, operational optimization, and broader corporate initiatives."
View the full NR here: https://lucamining.com/2026/04/luca-reports-robust-q1-production-results-and-materially-strengthens-balance-sheet/
StockInfo11
2月前
Posted on behalf of Luca Mining Corp. - Yesterday, Luca Mining (LUCA.v LUCMF) reported Q1 2026 production results, a strengthened balance sheet and over 10,000m drilled at Campo Morado & Tahuehueto. LUCA's cash position increased to ~$36.4M from $25.5M at year-end 2025, driven by operating cash flow, warrant/option exercises, and silver call options. CEO Dan Barnholden highlighted solid operating performance, strong silver production, and continued advancement of the Campo Morado Expansion study toward a technical report in the second half of 2026. Full update here⬇️
https://lucamining.com/2026/04/luca-reports-robust-q1-production-results-and-materially-strengthens-balance-sheet/
theRupertPupkin
2月前
Posted on behalf of Luca Mining Corp. - LUCA.v; LUCMF Earlier this month, Luca Mining updated its corporate presentation, outlining an aggressive new strategy and development plan for the Campo Morado mine.
The company is actively transitioning the asset from a zinc-focused operation into a much higher-margin precious metals platform. This transition is driven by a multi-phase mill expansion designed to significantly improve gold and silver recoveries, with an updated NI 43-101 technical report expected in the second half of 2026.
Looking further ahead, recent high-grade drill success is paving the way for the Reforma and El Rey zones to become the mine's primary source of ore feed starting in 2028.
By shifting to more efficient, bulk-tonnage mining methods in these new areas, Luca is perfectly positioned to optimize production and unlock the massive exploration upside across its 12,000-hectare property.
View the full presentation here: https://lucamining.com/presentation/
theRupertPupkin
2月前
Posted on behalf of Luca Mining Corp. - LUCA.v; LUCMF Just last week, LUCA CEO Dan Barnholden added 14,500 shares in the open market last week at $1.49–$1.50, per Apr 10 SEDI filings, bringing his direct holdings to 3,336,500 common shares.
This insider confidence aligns directly with the aggressive growth strategy outlined in the company's latest corporate presentation.
Key Highlights
- Mid-Tier Target: Luca is actively targeting 200,000 ounces of gold equivalent production to re-rank as a mid-tier producer.
- Debt Elimination: Driven by strong operational cash flow, the company is scheduled to reach zero debt by mid-2026.
- Massive Exploration: A fully funded US$25 million drill program will see 80,000 metres of drilling across the Campo Morado and Tahuehueto mines.
- Campo Morado Expansion: An updated NI 43-101 is expected in H2 2026, paving the way for the high-grade Reforma and El Rey zones to become the primary ore feed by 2028.
With strong insider buying, a massive exploration program underway, and a clear path to zero debt, Luca Mining is aggressively executing its transition into a mid-tier producer.
View the full corporate presentation here: https://lucamining.com/presentation/
StockInfo11
2月前
Posted on behalf of Luca Mining Corp. - Luca Mining Corp. (LUCA.v LUCMF) reported record 2025 results, achieving revised production guidance across gold, silver, zinc, copper, and lead as operations at Campo Morado and Tahuehueto scaled up operations. Revenue increased 103% to $176.8 million and adjusted EBITDA rose 226% to $46.0 million, while net free cash flow before working capital reached $20.8 million, exceeding guidance. The company strengthened its balance sheet with cash rising to $25.5 million and long-term debt reduced by over 80% to $3.3 million, alongside $20.0 million raised from warrant and option exercises. Full details here: https://lucamining.com/2026/04/luca-mining-corp-reports-record-annual-results-for-2025-and-exceeds-revised-production-guidance/
theRupertPupkin
3月前
Posted on behalf of Luca Mining Corp. LUCA.v; LUCMF - Luca Mining Corp. has outlined its transition to a mid-tier producer through a high-impact three-year optimization and exploration plan.
Following a major financial turnaround in 2025, the company is now leveraging its two operating Mexican mines to fund an aggressive growth strategy.
Key Insights
- Financial Turnaround: Luca materially reduced debt to ~US$2M and achieved a net cash position as of late 2025.
- Debt-Free Target: The company is on track for scheduled zero debt by mid-2026 through organic cash flow.
- Funded Exploration: A US$25M three-year program is underway, supporting 80,000 meters of drilling at the Campo Morado and Tahuehueto mines.
- AI-Driven Targeting: Luca is utilizing VRIFY’s DORA AI technology to analyze over 30 years of geological data valued at US$100M.
- Production Growth: The company is targeting mid-tier status with a goal of 200,000+ oz gold equivalent production through organic expansion and M&A.
- Operational Execution: Recent milestones include achieving commercial production at Tahuehueto and 2,000 tpd throughput at Campo Morado.
Full Presentation here: https://lucamining.com/presentation/
theRupertPupkin
3月前
Posted on behalf of Luca Mining Corp. - LUCA.v; LUCMF In a recent interview, Dan Barnholden, CEO of Luca Mining, discussed the company's financial turnaround, aggressive exploration plans, and strategic growth outlook for 2026 amidst a strong precious metals market.
Key Highlights:
- Strong Financial Position: Luca Mining is generating significant cash flow, having added nearly $10 million to its balance sheet in Q4 to reach $25 million in the bank, and expects to be completely debt-free within the next six months.
- $25M Exploration Plan: Fully funded by existing operations without the need to raise capital, Luca is investing $25 million into exploration over the next three years, with five drills currently turning across their Campo Morado and Tahuehueto assets after a 10-year drilling hiatus.
- Campo Morado Pivot: The company is transitioning Campo Morado into a precious metals operation by targeting higher-grade deposits and testing ultra-fine grinding technology to drastically improve gold and silver recoveries, with a comprehensive study expected by late summer.
- Strategic M&A in Mexico: Positioned as an acquirer, Luca intends to leverage its established corporate infrastructure, operational team, and political relationships to buy and unlock value in other Mexican assets struggling with permitting or operations.
With their 2026 budget conservatively built on $35 silver and $3,200 gold, Luca Mining is perfectly positioned for massive margin expansion at current metal prices, offering a strong mix of organic growth and exploration upside.
View the full video here:
Consequent
3月前
Posted on behalf of Luca Mining Corp. - Luca Mining Corp. (LUCA.v LUCMF) recently announced the appointment of Nick Shakesby as Chief Operating Officer and strengthening of their technical team to advance and execute on optimization and growth initiatives, including the Campo Morado Expansion (CME).
The CME is a mill optimization and expansion study and mine plan update for the Campo Morado mine, targeting improved recovery rates of all metals, most notably an expected significant increase in gold and silver recoveries at the operation (see Company press release dated February 18, 2026).
The CME, life of mine plan, and Mineral Reserve estimate will be delivered in a Technical Report to be prepared in accordance with NI 43-101, expected to be released in the second half of 2026.
More here: https://lucamining.com/2026/03/luca-strengthens-technical-leadership-with-appointment-of-coo-and-builds-team-to-execute-on-mine-optimizations/
theRupertPupkin
3月前
Posted on behalf of Luca Mining Corp. - LUCA.v; LUCMF Luca Mining’s CEO Dan Barnholden recently joined The KE Report to review the company's Q4 and full-year 2025 operations, highlighting key financial improvements and expanded exploration programs moving into 2026.
The company is actively focusing on growth initiatives to improve grades and precious metal recoveries across its two producing assets in Mexico’s Sierra Madre mineralized belt.
Key talking points include the strong cash position, aggressive debt repayment, expanded exploration, Campo Morado drilling, Tahehueto extension, and more.
The company continues to internally fund its development and exploration objectives without the immediate need for external equity financing, prioritizing long-term resource expansion and mine life extension.
Watch/listen to the full review here:
theRupertPupkin
3月前
Posted on behalf of Luca Mining Corp. - LUCA.v; LUMF In a recent corporate update webcast hosted by Torrey Hills Capital, Luca Mining CEO Dan Barnholden provided a comprehensive overview of the company's operational turnaround and strategic roadmap for 2026.
The presentation focused on the company's plans to optimize, explore, and expand across its two producing underground mines in Mexico, highlighting systematic improvements to infrastructure and a strengthening balance sheet amidst recent commodity market volatility [02:48, 54:52].
Key updates include: financial strengthening, Campo Morado expansion study, AI-assisted exploration, Tahehueto development, and more
View the full video here:
Consequent
3月前
Posted on behalf of Luca Mining Corp. - Last week Luca Mining Corp. (LUCA.v LUCMF) announced the appointment of Nick Shakesby as Chief Operating Officer and strengthening of their technical team to advance and execute on optimization and growth initiatives, including the Campo Morado Expansion (CME).
The CME is a mill optimization and expansion study and mine plan update for the Campo Morado mine, targeting improved recovery rates of all metals, most notably an expected significant increase in gold and silver recoveries at the operation (see Company press release dated February 18, 2026).
The CME, life of mine plan, and Mineral Reserve estimate will be delivered in a Technical Report to be prepared in accordance with NI 43-101, expected to be released in the second half of 2026.
More here: https://lucamining.com/2026/03/luca-strengthens-technical-leadership-with-appointment-of-coo-and-builds-team-to-execute-on-mine-optimizations/
theRupertPupkin
3月前
Posted on behalf of Luca Mining Corp. - LUCA.v; LUCMF has recently announced the appointment of Nick Shakesby as Chief Operating Officer effective April 1, 2026.
Luca has also strengthened its technical team to advance and execute on optimization and growth initiatives, including the Campo Morado Expansion ("CME").
In addition, Luca has hired Dr. Jose Hernandez as Vice President, Metallurgy and Process Engineering, effective March 1, 2026. Dr. Hernandez is a globally recognized metallurgical leader and will work closely with the COO and CTO to deliver Luca's operational optimization and growth initiatives.
Dan Barnholden, Luca's CEO and Director, commented, "We are very pleased to welcome Nick to Luca at an important stage in the Company's growth.”
Barnholden also commented, "We are equally pleased that Ramón Mendoza will continue as CTO, where his full focus will be on overseeing and advancing our growth pipeline and delivering the CME.
Dr. Jose Hernandez will play a key role in all these initiatives, as we optimize and improve the metallurgical process at both our mines and execute on what we believe will be an industry-leading brownfields expansion at our Campo Morado mine."
Full NR here: https://lucamining.com/2026/03/luca-strengthens-technical-leadership-with-appointment-of-coo-and-builds-team-to-execute-on-mine-optimizations/
Consequent
3月前
Posted on behalf of Luca Mining Corp. - Last month Luca Mining Corp. (LUCA.v LUCMF) announced they have approved a mill optimization and expansion study and mine plan update for the Campo Morado Mine to be prepared as a technical report in accordance with NI 43-101, expected to be delivered in the second half of 2026.
Dan Barnholden, Luca's CEO, commented, “The initiation of the Campo Morado Expansion is a significant event for Luca and our shareholders. We are targeting improved metal recoveries, particularly for precious metals, at what we expect could be a long-lived mining operation with increased production levels at expanded margins. Given our existing processing facilities and mining operations at Campo Morado, we anticipate that the CME may be implemented for a capital cost reflective of the brownfield nature of the project.”
Full NR here: https://lucamining.com/2026/02/luca-advances-study-to-optimize-campo-morado-and-increase-gold-and-silver-production/
CommodityCoverage
3月前
Posted on behalf of Luca Mining Corp. — With an updated life-of-mine plan and NI 43-101 expected in H2 2026, Luca Mining (LUCA.v LUCMF) is advancing a two-phase optimization and expansion plan at its Campo Morado mine in Mexico aimed at improving recoveries, increasing throughput, and potentially unlocking new gold-silver production through on-site doré: Posted on Behalf of Luca Mining Corp. - Study Advanced to Optimize Campo Morado & Increase #Gold & #Silver Production $LUCA.v $LUCMF
Earlier this week, @LucaMining approved a mill optimization & expansion study for its Campo Morado mine in Mexico, with an updated life-of-mine… https://t.co/SyBQb2r4A5 pic.twitter.com/UjczKvKoVm— Stock Master Flash (@StckMasterFlash) February 20, 2026
theRupertPupkin
3月前
Posted on behalf of Luca Mining Corp. LUCA.v; LUCMF — Luca Mining is executing a significant financial and operational turnaround across its two flagship Mexican assets, the Campo Morado and Tahuehueto mines.
With a focus on transitioning from a zinc-centric operation to a higher-margin precious metals platform, the company is now fully permitted and generating positive cash flow to fund its multi-year expansion and exploration goals.
The company has materially reduced its debt from US$31 million to approximately US$2 million since early 2024, positioning itself for a "zero debt" status by mid-2026.
This financial reset enables Luca to advance its aggressive organic growth strategy, targeting mid-tier status with a production goal of over 200,000 oz AuEq.
Full Investor Presentation here: https://lucamining.com/wp-content/uploads/2026/02/Luca-Mining-Presentation-Feb-26-2026.pdf
theRupertPupkin
4月前
Posted on behalf of Luca Mining Corp. - LUCA.v; LUCMF In parallel with the ongoing metallurgical and engineering studies to advance the CME, Luca is working with third-party consultants to update the Campo Morado mine plan to include, amongst other items, updated metal prices, updated ore characterization, optimized metals recovery assumptions, and recent drilling success at the mine.
Luca expects to complete a life of mine plan and Mineral Reserve statement in a Technical Report to be prepared in accordance with NI 43-101 in the second half of 2026.
As part of the mine plan update, all mineralized deposits at the operation will be evaluated in context of the current metals price environment and the potential benefits of the CME.
In particular, the high-grade and unmined Reforma and El Rey deposits are expected to be included in the updated mine plan as Mineral Reserves.
Full NR here: https://lucamining.com/2026/02/luca-advances-study-to-optimize-campo-morado-and-increase-gold-and-silver-production/