LUCA DRILLS 15 METRES OF 5.4 g/t GOLD AND 8.4% ZINC AT CAMPO MORADO

Core Insights - Luca Mining Corp. has announced positive analytical results from its ongoing exploration drill program at the Campo Morado Polymetallic VMS mine in Guerrero State, Mexico, marking the first substantive exploration since 2014 [1][2][14] Exploration Program - The current exploration program includes a total of 5,000 meters of underground drilling and 2,500 meters of surface drilling, aimed at expanding and defining mineral resources at the Reforma and El Rey deposits [1][15] - The surface drillhole CM-RF-25-001 intersected 15.05 meters of 11.9 AuEq, confirming the size and grade of precious and base metals at the Reforma deposit [3][6] - Underground drillholes CMUG-25-014 to CMUG-25-016 have also returned significant mineralized intervals, with CMUG-25-015 showing 10.96 meters grading 7.57 g/t AuEq [4][6] Mineralization and Resource Potential - Campo Morado hosts several polymetallic massive sulphide deposits containing gold, silver, copper, zinc, and lead, within a land package of over 121 square kilometers [2][21] - The exploration efforts are expected to inform an updated mineral resource estimate and potentially add new mineable bodies to the near and medium-term mine plan [6][15] - Historical exploration has identified 38 priority targets, with Reforma and El Rey being of particular interest due to their gold-silver enriched content [12][13] Market Context - The exploration is taking place during a period of record gold prices, providing a favorable environment for targeting gold-rich deposits [5][13] - The company aims to leverage the increased metal prices to enhance the value of its asset base, particularly focusing on the gold-rich deposits that were previously overlooked [5][13] Company Overview - Luca Mining Corp. operates two wholly owned mines in Mexico, producing gold, copper, zinc, silver, and lead, with significant development and resource upside [20][21] - The Campo Morado mine is an underground operation that has considerable exploration potential, while the Tahuehueto mine focuses on epithermal gold and silver vein-style mineralization [20][22]