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Luca Mining Announces Commercial Production at Tahuehueto, Provides Production Guidance
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Luca Mining Announces Commercial Production at Tahuehueto, Provides Production Guidance
Mar 31, 2025 9:44 AM

12:15 PM EDT, 03/31/2025 (MT Newswires) -- Luca Mining ( LUCMF ) on Monday declared commercial production at its Tahuehueto Mine in Mexico as it issued 2025 guidance.

The company said the Tahuehueto mine is now consistently operating at a throughput rate above 800 tonnes per day.

"This milestone marks a significant step in the mine's development, reflecting the operational team's dedication and the effectiveness of recent optimization efforts," said president Ramon Perez. "Achieving this sustained production level demonstrates the mine's ability to generate stable output, supporting the company's growth strategy and long-term value creation. The company remains focused on further enhancing efficiencies and maximizing the mine's full potential."

For 2025, Luca is targeting production of between 85,000 and 100,000 gold equivalent ounces with payable ounces ranging between 65,000 and 80,000. Free cash flow before working capital adjustments is anticipated to be between US$30 million and US$40 million. The company remains focused on key strategic initiatives designed to enhance shareholder value and drive operational efficiencies across its two producing mines.

At Campo Morado, efforts will continue to ramp up operations with the goal of achieving a consistent and sustainable mill feed while targeting an increase in throughput above 2,000 tonnes per day towards the end of 2025.

Luca shares were last seen down $0.05 to $1.22 on the TSX Venture Exchange.

Price: 1.22, Change: -0.05, Percent Change: -3.94

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