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Strategies & Market Trends : Ride the Tiger with CD

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From: ogi7/7/2025 8:35:34 AM
1 Recommendation   of 313036
 
Luca continues its growth as a producer in Mexico:


LUCA DRILLS 15 METRES OF 5.4 g/t GOLD AND 8.4% ZINC AT CAMPO MORADOPR Newswire

VANCOUVER, BC, July 7, 2025

VANCOUVER, BC, July 7, 2025 /PRNewswire/ - 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.
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