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Luca Mining Achieves Target Throughputs at Mexican Mines
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Luca Mining Achieves Target Throughputs at Mexican Mines
Feb 5, 2025 5:40 AM

08:23 AM EST, 02/05/2025 (MT Newswires) -- Luca Mining ( LUCMF ) said Wednesday that it achieved target throughput rates at the Campo Morado zinc-copper-gold mine and the Tahuehueto gold-silver mine, both in Mexico.

The company said it achieved throughput rates of 2,000 tonnes per day (tpd) at the Campo Morado zinc/copper/gold mine, and the mill is now consistently running at this rate, representing a 43% increase over the preceding six months.

The next phase of optimization efforts will now focus on improving throughput to 2,400 tpd over the coming months.

At Tahuehueto, Luca said mill throughput started to stabilize at the 1,000 tpd level. In January, the mill processed over 24,700 tonnes of ore despite a planned shutdown of over a week.

In preparation for commercial production in early 2025, the company said it is working to ensure sufficient parts and commodity supply redundancy is in place for its operations through purchasing and stocking a new warehouse now under construction on site.

"We've been able to quickly increase production at both operations and we can clearly see a path forward for further increases ahead," CEO Dan Barnholden said.

Luca's share price fell 1.1% on Tuesday to $0.91 on the TSXV.

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