LUCA DRILLS 37 METRES OF 6 G/T GOLD, 370 G/T SILVER AND 6% ZINC AT CAMPO MORADO

Core Insights - Luca Mining Corp. has reported significant high-grade mineralization results from its drilling activities at the Campo Morado mine, indicating strong potential for gold, silver, copper, zinc, and lead deposits [4][6][21] - The ongoing exploration programs, both underground and surface, aim to expand the existing mineral resources and confirm the potential of the Reforma and El Rey deposits [12][15][21] Exploration Results - Surface drillhole CMRF-25-07 intersected 37.2 meters of 13.85 g/t AuEq, including 6.2 meters of 43.77 g/t AuEq [4][7] - Underground drillhole CMUG-25-022 returned assays of 5.5 meters of 15.2 g/t AuEq from an unmined area within 20 meters of current underground workings [3][4] - A total of 24 underground drillholes have been completed, totaling 5,070 meters, as part of the Phase 1 exploration program [4][9] Project Development - The Campo Morado mine covers a land package of over 121 square kilometers and hosts several polymetallic massive sulphide deposits [5][22] - The current exploration campaign is the first substantive exploration since 2014, focusing on defining mineable resources and testing new zones [15][16] - A Phase 2 drilling program is anticipated to follow up on positive results and target additional high-grade gold areas [6][9] Historical Context - Previous exploration efforts at Campo Morado have produced a comprehensive geological database, including over 600,000 meters of drilling and various geophysical surveys [17] - The exploration results have exceeded historical grades and widths, indicating a potential for significant resource expansion [2][6] Market Potential - The rising prices of gold and silver present an attractive opportunity for the company to enhance its asset base through the exploration of the Reforma and El Rey deposits [14][21] - The company aims to systematically explore over 38 identified priority targets within the Campo Morado concession [13]