LUCA DRILLS 37 METRES OF 6 G/T GOLD, 370 G/T SILVER AND 6% ZINC AT CAMPO MORADO
Luca Mining (OTCQX:LUCMF) announced significant drilling results from its Campo Morado polymetallic mine in Mexico, highlighting exceptional gold and silver discoveries. The company reported outstanding intercepts including 37.2m of 13.85 g/t gold equivalent, containing 5.87 g/t gold, 367.50 g/t silver, and significant base metals from surface drilling at the Reforma Deposit.
Key underground drilling results include 5.5m of 15.2 g/t gold equivalent near current workings. The company has completed 24 underground drillholes totaling 5,070m as part of its Phase One exploration program, alongside ten surface drillholes at the Reforma Deposit. These results demonstrate stronger precious metals content than historically reported, with improved core recoveries exceeding previous drilling programs.
Luca Mining (OTCQX:LUCMF) ha comunicato risultati di perforazione significativi presso la miniera polymetallica Campo Morado in Messico, mettendo in evidenza scoperte eccezionali d'oro e d'argento. La società ha riportato intersezioni di rilievo, tra cui 37,2 m con 13,85 g/t in oro equivalente, contenenti 5,87 g/t d'oro, 367,50 g/t d'argento e quantità rilevanti di metalli di base da perforazioni in superficie al deposito Reforma.
Tra i principali risultati da perforazioni sotterranee figurano 5,5 m con 15,2 g/t in oro equivalente vicino agli attuali lavori. La società ha completato 24 fori sotterranei per un totale di 5.070 m come parte del programma di esplorazione Fase Uno, oltre a dieci fori in superficie al deposito Reforma. Questi risultati mostrano una concentrazione di metalli preziosi superiore a quanto storicamente riportato, con recuperi del nucleo migliorati rispetto ai programmi di perforazione precedenti.
Luca Mining (OTCQX:LUCMF) anunció resultados de perforación significativos en su mina polymetalica Campo Morado en México, destacando descubrimientos excepcionales de oro y plata. La compañía informó interceptaciones destacadas, incluyendo 37,2 m con 13,85 g/t de oro equivalente, que contienen 5,87 g/t de oro, 367,50 g/t de plata y cantidades relevantes de metales básicos procedentes de perforación superficial en el Depósito Reforma.
Entre los principales resultados de perforación subterránea se encuentran 5,5 m con 15,2 g/t de oro equivalente cerca de los trabajos actuales. La compañía ha completado 24 sondajes subterráneos que suman 5.070 m como parte de su programa de exploración Fase Uno, además de diez sondajes superficiales en el Depósito Reforma. Estos resultados demuestran una ley de metales preciosos más alta que la históricamente reportada, con recuperaciones de testigo mejoradas respecto a programas de perforación anteriores.
Luca Mining (OTCQX:LUCMF)� 멕시� Campo Morado 다금� 광산에서 중요� 시추 결과� 발표하며 뛰어� 금과 은� 발견� 강조했습니다. 회사� 표층 시추에서 Reforma 광상� 대� � 환산 13.85 g/t� 37.2m� 포함� 주목� 만한 교차 구간� 보고했으�, 이는 5.87 g/t� �, 367.50 g/t� 은 � 상당� 양의 기저금속� 포함합니�.
주요 지� 시추 결과로는 현재 작업� 인근에서� � 환산 15.2 g/t� 5.5m가 포함됩니�. 회사� 1단계 탐사 프로그램� 일환으로 � 5,070m� 24� 지� 시추공을 완료했으�, Reforma 광상에서� 표층 시추� 10개도 수행했습니다. 이러� 결과� 과거 보고치보� 높은 귀금속 함량� 보여주며, 이전 시추 프로그램보다 향상� 시추 코어 회복률을 보였습니�.
Luca Mining (OTCQX:LUCMF) a annoncé des résultats de forage importants sur sa mine polymétallique Campo Morado au Mexique, mettant en avant des découvertes exceptionnelles d'or et d'argent. La société a signalé des intersections remarquables, notamment 37,2 m à 13,85 g/t en équivalent or, contenant 5,87 g/t d'or, 367,50 g/t d'argent et des quantités notables de métaux de base issues de forages en surface au gisement Reforma.
Parmi les principaux résultats de forages souterrains figurent 5,5 m à 15,2 g/t en équivalent or près des travaux actuels. La société a achevé 24 forages souterrains totalisant 5 070 m dans le cadre de son programme d'exploration Phase One, ainsi que dix forages en surface au gisement Reforma. Ces résultats montrent une teneur en métaux précieux plus élevée que celle rapportée historiquement, avec des récupérations de carottes améliorées par rapport aux programmes de forage précédents.
Luca Mining (OTCQX:LUCMF) hat bedeutende Bohr-Ergebnisse aus seiner polymetallischen Mine Campo Morado in Mexiko bekannt gegeben und dabei außergewöhnliche Gold- und Silberfunde hervorgehoben. Das Unternehmen meldete herausragende Abschnitte, darunter 37,2 m mit 13,85 g/t Goldäquivalent, die 5,87 g/t Gold, 367,50 g/t Silber und nennenswerte Basismetalle aus Oberflächenbohrungen am Reforma-Lager enthalten.
Zu den wichtigsten untertägigen Bohrergebnissen gehört 5,5 m mit 15,2 g/t Goldäquivalent nahe den bestehenden Arbeiten. Das Unternehmen hat im Rahmen seines Phase-One-Erkundungsprogramms 24 Untertagebohrungen mit insgesamt 5.070 m abgeschlossen sowie zehn Oberflächenbohrungen am Reforma-Lager durchgeführt. Diese Ergebnisse zeigen einen höheren Gehalt an Edelmetallen als historisch berichtet und verbesserte Kernrückgewinnungsraten im Vergleich zu früheren Bohrprogrammen.
- High-grade intercepts with 37.2m of 13.85 g/t gold equivalent, significantly exceeding historical grades
- Successful completion of 5,070m underground drilling program with excellent core recovery rates
- Discovery of unmined high-grade zones within 20 meters of current operations
- Multiple wide, consistent, high-grade precious metals intersections with strong base metal credits
- Previous operators overlooked gold potential, requiring new exploration strategy
- Some drill sections showed very low core recovery (7-21%) in certain intervals
- Luca has begun to unlock the gold potential at
Campo Morado with consistent high-grade gold intercepts from both the Reforma Deposit and in areas immediately adjacent to underground operations - Surface drillhole CMRF25-07 intercepts 37.2m of 13.85 AuEq** (5.87 g/t gold, 367.50 g/t silver,
0.53% copper,5.54% zinc and2.57% lead) including 6.2m of 43.77 g/t AuEq (20.81 g/t gold, 1,484.20 g/t silver,0.82% copper,5.98% zinc and4.58% lead) - Underground drillhole CMUG-25-022 returns assays including 5.5 m of 15.2/t AuEq (5.5m of 3.20 g/t gold, 252.6 g/t silver,
2.19% copper,12.79% zinc and5.10% lead) from an unmined area within 20 metres of current underground workings - 24 underground drillholes totalling 5,070m completed as part of the 5,000m Phase 1 program targeting near-mine resource expansion and exploration of untested areas of the Campo Morado Mine. Phase 2 program designed to follow up on positive results and test additional priority targets to begin shortly
- Surface drilling continues at
Reforma and El Rey with ten drillholes completed at the Reforma Deposit
Surface drillholes CMRF-25-02 through CMRF-25-07 were all collared within the Reforma Deposit, and intersected appreciable intervals of massive sulphide mineralization including:
- 6.2m of 43.77 g/t AuEq (20.81 g/t gold, 1,484.20 g/t silver,
0.82% copper,5.98% zinc and4.58% lead from 237.0m within a broader interval of 37.2m of 13.85 AuEq (5.87 g/t gold, 367.50 g/t silver,0.53% copper,5.54% zinc and2.57% lead) from 211.2m in hole CMRF25-07 - 9.9m of 28.32 AuEq (11.61 g/t Au, 783.90 g/t Ag,
3.51% Cu,4.56% Zn and2.91% Pb from 218.6m within a broader interval of 39.0m of 10.05 AuEq (4.09 g/t gold, 304.90 g/t silver,0.96% copper,1.27% zinc and1.74% lead) from 191.6m in hole CMRF25-06 - 5.0m of 9.13 g/t AuEq (3.56 g/t gold, 196.28 g/t silver,
0.70% copper,4.43% zinc and2.24% lead) from 285.5m in hole CMRF25-03 - 3.9m of 19.78 AuEq (11.23 g/t gold, 342.28 g/t silver,
0.36% copper,3.95% zinc and7.55% lead) from 273.8m within a larger 7.45m of 12.59 AuEq (6.91 g/t gold, 228.06 g/t silver,0.37% copper,2.29% zinc and4.75% lead) in hole CMRF25-02
These surface holes were drilled across the Reforma Deposit to confirm the size, tenor and grade of precious and base metals historically reported as well as to better define the deposit and test the expansion potential of the
Underground drillholes CMUG-25-17 confirmed mineralization close to the 856 Zone of the Southwest Zone while CMUG-25-19 through CMUG-25-21 confirmed continuity of mineralization between the Largo Zone and anomalous mineralization to the west identified from historical drilling. Drillhole CMUG-25-22 confirmed the extension potential of the Bajo zone mineralization, intersecting mineralization above mine cutoff grades, including 5.5 m of 15.2/t AuEq(5.5m of 3.20 g/t gold, 252.6 g/t silver,
Paul D. Gray, Luca´s VP of Exploration, commented, "The results from Luca's first drill programs at
Table 1: Highlighted Diamond Drill Assay Results from UG Drillholes CMUG-25-17, CMUG-25-19 through CMUG-25-22 and Surface Drillholes CMRF-25-through CMRF-25-07.
Hole ID | From (m) | To (m) | Interval* (m) | Au g/t | Ag g/t | Cu% | Pb% | Zn% | AuEq** | Logged |
CMUG25-017 | 9.3 | 10.3 | 1.0 | 0.62 | 158.00 | 2.75 | 1.00 | 3.85 | 7.79 | > |
CMUG-25-019 | 232.3 | 248.7 | 16.4 | 0.62 | 45.95 | 0.34 | 0.31 | 0.97 | 2.06 | > |
Including | ||||||||||
232.3 | 242.9 | 10.6 | 0.74 | 52.85 | 0.38 | 0.37 | 1.08 | 2.38 | > | |
CMUG-25-020 | 231.6 | 238.5 | 7.0 | 0.73 | 52.56 | 0.36 | 0.24 | 0.92 | 2.23 | > |
Including | ||||||||||
235.5 | 238.5 | 3.0 | 0.91 | 63.30 | 0.50 | 0.24 | 1.22 | 2.85 | > | |
CMUG25-021 | 329.3 | 330.9 | 1.6 | 1.23 | 36.60 | 0.07 | 0.53 | 0.02 | 1.93 | > |
340.3 | 344.4 | 4.2 | 0.59 | 34.17 | 0.42 | 0.18 | 0.53 | 1.79 | > | |
379.1 | 380.2 | 1.0 | 0.59 | 38.20 | 0.44 | 0.23 | 0.02 | 1.70 | > | |
CMUG25-022 | 151.5 | 178.9 | 27.4 | 1.15 | 91.21 | 0.78 | 1.36 | 4.27 | 5.22 | > |
Including | ||||||||||
158.0 | 174.7 | 16.6 | 1.51 | 131.40 | 1.14 | 2.14 | 6.55 | 7.58 | > | |
Including | ||||||||||
158.0 | 163.6 | 5.5 | 3.20 | 252.59 | 2.19 | 5.10 | 12.79 | 15.22 | > | |
181.9 | 210.1 | 28.3 | 0.15 | 13.13 | 0.25 | 0.14 | 1.89 | 1.36 | > | |
Including | ||||||||||
187.5 | 205.5 | 18.0 | 0.15 | 15.51 | 0.31 | 0.15 | 2.41 | 1.65 | > | |
238.5 | 259.5 | 21.0 | 0.08 | 11.03 | 0.38 | 0.14 | 2.00 | 1.47 | > | |
Including | ||||||||||
246.5 | 256.5 | 10.1 | 0.10 | 16.98 | 0.64 | 0.16 | 3.41 | 2.42 | > | |
CMRF25-02 | 271.5 | 278.9 | 7.5 | 6.91 | 228.06 | 0.37 | 2.29 | 4.75 | 12.59 | 99 |
Including | ||||||||||
273.8 | 277.7 | 3.9 | 11.23 | 342.28 | 0.36 | 3.95 | 7.55 | 19.78 | 98 | |
CMRF25-03 | 284.6 | 293.1 | 8.5 | 2.38 | 138.52 | 0.69 | 1.43 | 2.93 | 6.45 | 98 |
Including | ||||||||||
285.5 | 293.1 | 7.6 | 2.65 | 146.76 | 0.59 | 1.59 | 3.24 | 6.85 | 97 | |
Including | ||||||||||
285.5 | 290.5 | 5.0 | 3.56 | 196.28 | 0.70 | 2.24 | 4.43 | 9.13 | 98 | |
CMRF25-04 | 131.2 | 132.6 | 1.4 | 3.89 | 277.00 | 0.36 | 6.90 | 23.55 | 18.29 | 74 |
132.6 | 167.6 | 35.0 | Very Low Core Recovery | 7 | ||||||
167.8 | 170.8 | 3.0 | 0.13 | 328.00 | 0.08 | 0.37 | 0.07 | 4.44 | 33 | |
CMRF25-05 | 134.4 | 193.4 | 59.0 | 0.78 | 44.30 | 0.88 | 0.30 | 1.67 | 3.15 | 97 |
Including | ||||||||||
134.4 | 155.5 | 21.1 | 0.72 | 32.89 | 1.30 | 0.06 | 0.49 | 2.99 | 93 | |
Including | ||||||||||
134.4 | 147.3 | 12.9 | 0.87 | 39.75 | 1.43 | 0.06 | 0.57 | 3.42 | 91 | |
Including | ||||||||||
134.4 | 143.5 | 9.1 | 0.93 | 45.29 | 1.71 | 0.08 | 0.68 | 3.95 | 99 | |
and | ||||||||||
163.6 | 171.4 | 7.9 | 0.08 | 19.70 | 0.55 | 0.08 | 2.11 | 1.82 | 100 | |
and | ||||||||||
171.4 | 193.4 | 22.0 | 1.34 | 74.71 | 0.59 | 0.71 | 3.14 | 4.37 | 100 | |
Including | ||||||||||
173.5 | 180.7 | 7.2 | 2.12 | 100.40 | 0.53 | 0.97 | 4.22 | 5.85 | 99 | |
and | ||||||||||
184.7 | 190.7 | 6.0 | 1.41 | 77.47 | 0.59 | 0.91 | 2.74 | 4.38 | 100 | |
CMRF25-06 | 173.2 | 181.5 | 8.3 | 0.18 | 27.80 | 0.70 | 0.07 | 1.08 | 1.83 | 76 |
Including | ||||||||||
173.2 | 179.0 | 5.8 | 0.24 | 34.70 | 0.83 | 0.09 | 1.28 | 2.23 | 75 | |
Including | ||||||||||
173.2 | 176.8 | 3.2 | 0.34 | 48.20 | 1.05 | 0.13 | 1.34 | 2.81 | 77 | |
191.6 | 230.6 | 39.0 | 4.09 | 304.90 | 0.96 | 1.74 | 1.27 | 10.05 | 44 | |
Including | ||||||||||
191.6 | 195.6 | 4.0 | 4.48 | 141.00 | 0.08 | 3.16 | 0.15 | 7.26 | 41 | |
and | ||||||||||
197.6 | 216.8 | 19.2 | 1.28 | 181.20 | 0.10 | 1.34 | 0.13 | 4.08 | 17 | |
and | ||||||||||
218.6 | 228.5 | 9.9 | 11.61 | 783.90 | 3.51 | 2.91 | 4.56 | 28.32 | 100 | |
and | ||||||||||
230.0 | 230.6 | 0.5 | 2.33 | 101.30 | 0.18 | 0.81 | 1.74 | 4.68 | 100 | |
CMRF25-07 | 185.4 | 250.1 | 64.7 | 3.41 | 224.30 | 0.48 | 1.61 | 4.29 | 8.82 | 95 |
Including | ||||||||||
185.4 | 211.2 | 25.9 | 0.09 | 30.30 | 0.43 | 0.32 | 2.70 | 2.09 | 100 | |
Including | ||||||||||
185.4 | 198.3 | 13.0 | 0.10 | 22.60 | 0.48 | 0.18 | 1.00 | 1.41 | 100 | |
and | ||||||||||
198.3 | 211.2 | 12.9 | 0.09 | 38.00 | 0.39 | 0.46 | 4.41 | 2.80 | 100 | |
and | ||||||||||
211.2 | 248.4 | 37.2 | 5.87 | 367.50 | 0.53 | 2.57 | 5.54 | 13.85 | 91 | |
Including | ||||||||||
232.7 | 248.4 | 15.7 | 12.41 | 777.10 | 0.65 | 3.40 | 5.83 | 25.97 | 97 | |
Including | ||||||||||
237.0 | 243.2 | 6.2 | 20.81 | 1,484.20 | 0.82 | 4.58 | 5.98 | 43.77 | 93 |
*True widths are estimated to be > |
** AuEq equation is: AuEq = Au + (Ag*0.0124) + (Cu%*1.2787) + (Pb%*0.2740) + (Zn%*0.3653), at |
To date, 24 underground diamonddrillholes are complete totaling 5,070 metres with "HQ" and/or "NQ" sized diamond drill core at the
In addition, 2,500m are complete at the Reforma Deposit in ten surface drillholes with "HQ" and/or "PQ" sized diamond drill core. These surface drillholes represent the Phase 1 2,500m surface drilling campaign at the
Table 2: Underground and Surface Drill Collar Details for Released Results
UTM WGS84 | ||||||
Hole ID | Easting | Northing | Elevation | Azimuth | Dip | Depth (m) |
CMUG-25-017 | 378604 | 2011338 | 891 | 014 | 12 | 179 |
CMUG-25-019 | 379152 | 2011575 | 1,064 | 279 | -34 | 290 |
CMUG-25-020 | 379152 | 2011575 | 1,064 | 280 | -25 | 297 |
CMUG-25-021 | 379160 | 2011575 | 1,064 | 151 | -42 | 396 |
CMUG-25-022 | 379159 | 2011568 | 1,064 | 150 | -71 | 282 |
CMRF-25-02 | 380103 | 2013316 | 1,585 | 044 | -65 | 308 |
CMRF-25-03 | 380141 | 2013196 | 1,576 | 049 | -70 | 320 |
CMRF-25-04 | 380221 | 2013304 | 1,557 | 046 | -47 | 200 |
CMRF-25-05 | 380223 | 2013300 | 1,557 | 020 | -50 | 223 |
CMRF-25-06 | 380247 | 2013179 | 1,524 | 040 | -55 | 262 |
CMRF-25-07 | 380247 | 2013179 | 1,524 | 047 | -63 | 280 |
About 2025 Campo Morado Surface Exploration Program
Luca's inaugural surface drill program is running in parallel with the ongoing underground exploration program at Campo Morado. The Phase 1 program includes 2,500m of diamond drilling focused on definition and expansion the
Thirty-eight (38) priority targets have been identified from assessment of the substantive historical exploration database of
Of particular interest with respect to
About 2025 Campo Morado Underground Exploration Program
The current
The Company planned 5,000 metres of underground diamond drilling from approximately 25 holes during this first phase of exploration activities. This program's primary target is the definition of additional mineral resources from under-drilled zones proximal to existing underground production areas, as well as the identification of mineralization within previously untested areas with high potential for the discovery of new mineral resources.
Previous exploration at
Analytical Method and Quality Assurance/Quality Control Measures
All drill core splits reported in this news release were analysed by Bureau Veritas of
Qualified Person
The technical information contained in this news release has been reviewed and approved by Mr. Paul D. Gray, P.Geo., Vice-President Exploration at Luca Mining. Mr. Gray is a Qualified Person for the Company as defined by National Instrument 43-101.
About Luca Mining Corp.
Luca Mining Corp. (TSX-V: LUCA, OTCQX: LUCMF, Frankfurt: Z68) is a Canadian mining company with two wholly owned mines located in the prolific Sierra Madre mineralized belt in
The Company's Campo Morado Mine hosts VMS-style, polymetallic mineralization within a large land package comprising 121 square kilometres. It is an underground operation, producing zinc, copper, gold, silver and lead. The mine is located in Guerrero State.
The Tahuehueto Mine is a large property of over 75 square kilometres in Durango State. The project hosts epithermal gold and silver vein-style mineralization. Tahuehueto is a newly constructed underground mining operation producing primarily gold and silver. The Company has successfully commissioned its mill and is now in commercial production.
On Behalf of the Board of Directors
(signed) "Dan Barnholden"
Dan Barnholden, Chief Executive Officer
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Cautionary Note Regarding Forward-Looking Statements
Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities laws. Forward Looking Information includes, but is not limited to, estimated production guidelines for 2025 and other possible events, conditions or performance that are based on assumptions about the proposed exploration program and its anticipated results; the timing and costs of future activities on the Company's properties, such as production rates and increases and sustaining capital expenditures; success of exploration, development, and metres to be drilled in exploration on the Tahuehueto Mine site and the Campo Morado Mine site. In certain cases, Forward-Looking Information can be identified using words and phrases such as "plans"," expects", "scheduled", "estimates", "forecasts", "intends", "anticipates" or variations of such words and phrases. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, that the Company will be able to raise additional capital as necessary; the current exploration, development, environmental and other objectives concerning the Tahuehueto Mine can be achieved; that consistent and sustainable mill feed at Campo Morado Mine will be achieved; the continuity of the price of gold and other metals and economic and political conditions. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Luca Mining Corp.