Luca Mining Corp

Luca Mining Corp. is a Canadian-based mining company focused on unlocking the full potential of its two fully permitted and operational mines in Mexico—Campo Morado and Tahuehueto. The company produces gold, zinc, copper, silver, and lead, positioning itself as a key player in the polymetallic mining sector. With a resource base of 2.7 million ounces of gold equivalent (AuEq) and over $500 million in existing infrastructure, Luca Mining is well-equipped to scale production and drive long-term value.

Campo Morado, a polymetallic VMS deposit located in Guerrero State, has been a producing mine with significant upside potential. Recent optimization efforts, including improved recoveries and copper-lead separation, have enhanced operational efficiency. Tahuehueto, an epithermal gold-silver deposit in Durango, is on track to achieve commercial production in early 2025, further boosting Luca’s production profile.

With a strong management team and a clear path to expansion, Luca Mining is strategically positioned for sustainable growth. The company is listed on the TSX-V (LUCA), OTCQX (LUCMF), and Frankfurt (Z68), providing investors with exposure to a cash-flow-generating and growth-oriented mining operation.

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Luca Mining presents an attractive investment opportunity as it continues to scale production and optimize operations at its two Mexican mines. With a near-term target of 100,000 ounces of gold equivalent production, the company is rapidly advancing towards mid-tier producer status.

Campo Morado’s recent process improvements have significantly increased recoveries, while a newly launched exploration program—the first in over a decade—offers substantial upside potential. Meanwhile, Tahuehueto’s transition into full-scale production will enhance cash flow, supporting Luca’s goal of becoming a self-sustaining mining company.

The company has also taken proactive steps to de-risk operations, reducing debt from $18.2 million to $11.1 million, with plans to eliminate it entirely by mid-2026. Additionally, Luca benefits from Mexico’s rich mining landscape, operating in a jurisdiction known for its world-class deposits and mining-friendly policies.

As global demand for gold, zinc, and copper continues to rise, Luca Mining is well-positioned to deliver long-term shareholder value, leveraging its established infrastructure, increasing production, and exploration upside.

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Luca Mining Corp. is led by a highly experienced management team with a proven track record in mine development, operations, and financial strategy. The team’s expertise spans across engineering, exploration, corporate finance, and sustainability, ensuring that Luca’s assets are efficiently developed and optimized for long-term success.

Dan Barnholden, CEO – A seasoned mining executive with over 20 years of experience in mining investment banking. He has raised billions in debt and equity financing and advised companies on mergers, acquisitions, and strategic growth initiatives.

Armando Alexandri, COO – A 40-year veteran in mining operations, specializing in mine expansions and process optimizations. He previously led the expansion of multiple projects, significantly increasing throughput and efficiency.

Paul Gray, VP Exploration – A highly successful geologist with over 30 years of global experience in precious and base metal exploration, overseeing multi-million-dollar exploration programs and resource delineation.

Lisa Dea, CFO – A financial executive with over three decades of expertise in finance and accounting. Formerly CFO of Guanajuato Silver Company Ltd., she played a key role in reactivating past-producing silver and gold mines in Mexico.

Luca Mining’s leadership is further supported by a strong Board of Directors, composed of mining industry veterans and finance professionals, ensuring strategic guidance and corporate governance excellence.

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Luca Mining Corp. is executing a well-defined growth strategy aimed at expanding production, optimizing operations, and unlocking resource potential at its two fully permitted mines. The company’s plan is centered around three key pillars:

1. Optimization: Luca has successfully implemented copper-lead separation at Campo Morado, improving recoveries and increasing revenue potential. Meanwhile, at Tahuehueto, ramp-up efforts continue toward achieving commercial production in early 2025.
2. Exploration: With significant untapped potential, Luca is conducting its first major exploration program in over a decade at both mines. The company is focused on expanding high-grade mineralization at Campo Morado and unlocking new resource potential at Tahuehueto.
3. Expansion: The company aims to double production to 100,000 gold equivalent ounces (AuEq) in the near term, with longer-term goals of reaching 200,000 AuEq ounces annually.

In addition to production growth, Luca is focused on strengthening its financial position. The company has reduced total debt with plans to eliminate debt entirely by mid-2026 through cash flow and warrant exercises.

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Luca Mining Corp. is in a strong financial position, benefiting from its fully operational mines and over $500 million in existing infrastructure. The company has prioritized cash flow generation, debt reduction, and operational efficiency, positioning itself for long-term stability and growth.

• Debt Reduction: The company has reduced total debt from $18.2 million to $11.1 million, with plans to fully eliminate debt by mid-2026 through internal cash flow and warrant exercises.
• Liquidity & Market Presence: With US$6.75 million in cash post-debt reduction, Luca is well-positioned to fund ongoing operations and exploration programs. 

With a growing production base, improving cost efficiency, and exploration upside, Luca Mining is well-positioned to deliver long-term financial growth and shareholder value.

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Luca Mining Corp. is emerging as a high-growth, cash-flow-generating mining company with a clear path to expansion and long-term value creation. With two fully permitted and operational mines in Mexico—Campo Morado and Tahuehueto—the company is positioned to scale production, enhance recoveries, and unlock significant exploration upside.

Through strategic optimizations, financial discipline, and a commitment to exploration, Luca has a long-term vision of reaching mid-tier producer status at 200,000 AuEq ounces annually. The company has also significantly reduced its debt and is on track to achieve financial independence by mid-2026.

Luca Mining’s seasoned management team, strong asset base, and disciplined growth strategy make it a compelling investment opportunity in the global mining sector. With rising demand for gold, zinc, and copper, Luca is well-positioned to capitalize on market trends and deliver sustainable shareholder returns.

For investors seeking exposure to a growing, financially disciplined mining company with established infrastructure, operational upside, and exploration potential, Luca Mining presents a unique and attractive opportunity.

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