VANCOUVER, BC, April 8, 2025 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68)
is pleased to announce analytical results from six (6) of the first seven (7) underground diamond drill holes of an ongoing 5,000 metre ("m") phase 1 exploration drill program at the Camp Morado Polymetallic VMS mine in Guerrero State, Mexico and, in addition, having reached a milestone of over 1,000,000 hours worked without a Lost-Time Incident (LTI).
Campo Morado Project Overview
The Campo Morado Project hosts several polymetallic massive sulphide deposits containing zinc, copper, silver, gold and lead mineralization within a highly prospective land package totaling over 121 square kilometres within the Sierra Madre mineralized belt and this year's underground exploration campaign is the first substantive exploration the project and mine has seen since 2014.
Drillhole CMUG-25-01 targeted a previously untested zone, approximately 25m below the active mine workings of Area 9 of the G9 Deposit and intersected a mineralised zone that returned 5.6 m of 2.3 g/t gold, 150 g/t silver, 0.56% copper, 0.74% lead and 3.71% zinc. Drillholes CMUG-25-06 and CMUG-25-07 intersected another mineralised zone that returned 6.3 m of 0.19 g/t gold, 7 g/t silver, 0.80% copper, 0.01% lead and 5.10% zinc and 11.9 m of 0.13 g/t gold, 8 g/t silver, 0.77% copper, 0.07% lead and 4.78% zinc, respectively (See Table 1).
Table 1: Highlighted Diamond Drill Assay Results
Hole ID |
From |
To |
Interval* |
Au g/t |
Ag g/t |
Cu % |
Pb % |
Zn % |
CMUG-25-01 |
25.7 |
36.9 |
11.2 |
0.27 |
10.38 |
0.21 |
0.16 |
2.35 |
CMUG-25-02 |
2.7 |
8.7 |
6.0 |
1.04 |
30.10 |
0.23 |
0.19 |
0.93 |
CMUG-25-03 |
36.3 |
39.5 |
3.2 |
0.10 |
6.30 |
0.39 |
0.02 |
2.12 |
CMUG-25-05 |
79.5 |
83.2 |
3.8 |
0.18 |
15.36 |
0.31 |
0.09 |
1.84 |
CMUG-25-06 |
17.8 |
20.1 |
2.3 |
0.27 |
21.32 |
0.68 |
0.07 |
2.16 |
CMUG-25-07 |
12.9 |
19.3 |
6.4 |
0.67 |
32.55 |
0.72 |
0.08 |
2.96 |
*True widths are estimated to be >90% of drilled intervals.
Exploration Plans
The first seven (7) drillholes of the 2025 program targeted an under drilled area within the Area 9 Zone – an area of active mine development; CMUG-25-01 through CMUG-25-05 were drilled generally west from a single drill station within Area 9 Zone of the G9 Deposit, and Drillholes CMUG-25-06 and CMUG-25-07 were drilled generally east from a single drill station in Area 9. These two drill stations are located approximately 340m from each other and the drillholes were focused on testing an area interpreted to contain extensions to previously defined VMS mineralization.
To date, 14 underground diamond drillholes have been completed for over 2,000 m as part of the current exploration campaign which has a primary objective to define mineable resources in close proximity to existing mine workings as well as within zones interpreted to host extensions of the mineralization as defined from the extensive historic drilling database this property offers.
Safety Milestone
The Campo Morado Team has achieved an exceptional safety milestone with over one million hours without a lost-time injury ("LTI") at its Campo Morado mine, in Guerrero State, Mexico. This achievement underscores the Company's unwavering commitment to safety and operational excellence.
Dan Barnholden, CEO, commented, "I am extremely proud of this achievement. Surpassing one million hours without a LTI is a testament to the dedication, professionalism and teamwork of our operations team."
Analytical Method and Quality Assurance
All drill core splits reported in this news release were analysed by Bureau Veritas of Durango, Mexico, utilizing stringent quality control measures.
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 Sierra Madre mineralized belt in Mexico.
On Behalf of the Board of Directors
(signed) "Dan Barnholden"
Dan Barnholden, Chief Executive Officer