Luca Mining Corp. announces its financial and operating results for the third quarter and nine months ended September 30, 2023. The Company reports net revenue of $15.1 million in Q3 2023, representing a 2% increase over net revenue of $14.8 million in Q3 2022. Mine operating income in Q3 2023 was $0.30 million compared to $1.50 million in Q3 2022 [...]
Luca Mining Corp. is pleased to announce excellent results from its optimization program at the Company's wholly owned Campo Morado polymetallic mine in Guerrero, Mexico. The program designed in cooperation with consulting metallurgical engineers, Ausenco, has yielded substantial increases in both recoveries and grades of the copper, zinc, and lead [...]
VANCOUVER, BC, Oct. 25, 2023 /CNW/ - Luca Mining Corp. is pleased to announce that its expansion project to double throughput to 1,000 tonnes per day at its wholly owned Tahuehueto Gold Mine in Durango, Mexico is progressing well and according to plan. The objective is to achieve an installed capacity of 1,000 tpd by year-end and announce [...]
Luca Mining Corp. is pleased to announce the appointment of Mr. Chris Richings as Vice-President Technical for Luca. Chris has over 20 years of experience in underground and open pit mining operations in North and South America. He is a highly effective leader of large operational and technical teams. Formerly Director of Technical Services for [...]
Luca Mining Corp. is pleased to announce the addition of Ms. Sophia Shane as Director of Corporate Development. Ms. Shane brings decades of experience in capital markets, corporate development and investor relations to Luca following a career spanning nearly 30 years at the highly successful Lundin Group of Companies. At the Lundin Group she was [...]
Luca Mining Corp. and EnviroGold Global Ltd. , a clean technology company accelerating the world's transition to a circular-resource economy, are pleased to announce the signing of a Memorandum of Understanding , dated 1st August 2023, to process the tailings at Luca's 100% owned Campo Morado Mine in Guerrero State, Mexico . The scope of the [...]
Luca Mining Corp. is thrilled to announce two significant milestones. Firstly, the Tahuehueto Gold Project in Durango, Mexico, has achieved a major milestone with a production capacity of 500 tonnes per day , on time and budget. Secondly, Luca has successfully closed an oversubscribed non-brokered private placement , for a total of [...]
Luca Mining is pleased to announce that it has closed the first tranche of its non-brokered private placement announced by news release dated March 31, 2023. The Company has sold 52,412,065 units of the Company at a price of CAD$0.35 per Unit for gross proceeds of $18,344,223. Each Unit consists of one common share of the Company and one half of [...]
Luca Mining is pleased to announce an overall financing package of up to CAD $33,200,000 in place of the previously proposed rights offering. The Financing Package is comprised of a private placement and two strategic debt settlements, as described below. Strengthening the Company’s balance sheet through a strategic debt conversion of approximately [...]
Altaley Mining is pleased to announce that at its 2023 Annual General Meeting held on March 14, 2023, shareholders approved all resolutions put to the meeting and in particular approved: The Company’s 2023 Omnibus Equity Incentive Plan; The creation of Calu Opportunity Fund, LP as the new “Control Person” of the Company; By disinterested [...]
Altaley Mining is pleased to announce a proposed change of the Company’s name to Luca Mining Corporation, and the negotiation of debt settlement agreements with several lenders. The Board of Directors has recommended and authorized a change of the Company’s name to Luca Mining Corporation. The Company plans to change its TSX Venture and OTCQX [...]
Altaley Mining Corp. announces that it has amended a marketing agreement with Peak Investor Marketing originally dated December 3, 2021. By mutual agreement Altaley and Peak suspended the Agreement effective September 23, 2022. At that time a total of C$36,000 of past due fees were outstanding and payable to Peak by Altaley. On January 5, 2023, by [...]
