Luca Mining - Asset Updates: Campo Morado Stage 3 Improvement Project Underway To Result In Improved Cash Flow, Tahuehueto Exploration Program Commencing
Dan Barnholden, CEO of Luca Mining (TSX.V:LUCA - OTCQX:LUCMF - FSE:TSGA) joins me to provide the latest updates on the Company's two projects, Campo Morado and Tahuehueto, both in Mexico.
He provides an in-depth look at the optimization efforts at Campo Morado, focusing on the collaboration with Ausenco to enhance metal recoveries and improve cash flow starting in 2025. The Company just entered Stage 3 of the improvement project.
Dan also discusses the new exploration drilling that just started, and ramp-up in production at Tahuehueto. Dan elaborates on the goals of the drill program, aiming to target high-grade gold near surface that can be quickly added to the mine plan to boost margins and extend mine life. Dan thinks there is room to more than double the current resource and improve cash flow at the mine.
Please email any follow up questions for Dan. My email address is Fleck@kereport.com.
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