Barrick(US:GOLD) Prnewswire·2025-10-16 12:00Core Insights - Luca Mining Corp. has reported positive analytical results from surface and underground drilling at the Reforma deposit and Campo Morado mine, indicating strong mineralization and expansion potential [1][2][6] Surface Drill Program - The surface drilling at the Reforma deposit has confirmed the size, tenor, and grade of precious and base metals, with results exceeding geological model predictions [2][4] - A total of 4,060 meters of surface drilling has been completed at the Reforma deposit, with the program now shifting to the El Rey deposit [4] - The ongoing program aims to confirm and expand existing mineral resources and collect material for metallurgical testing to enhance precious metals recoveries [2][3] Underground Drill Program - High-grade gold and silver intercepts have been identified from the Reforma deposit, with significant intervals of massive sulphide mineralization reported [6][7] - The underground drilling program has been expanded by 50%, totaling 7,500 meters for 2025, focusing on defining mineable resources near existing workings [6][8] - Notable results include drillhole CMRF-25-10, which intercepted 13.0 meters of 11.4 g/t AuEq, and CMRF-25-11, which intercepted 24.6 meters of 6.0 g/t AuEq [6][10] Exploration Targets - Luca Mining has identified 38 priority exploration targets near the Reforma and El Rey deposits, which have never been drill tested [3] - The exploration strategy is based on favorable geological, geochemical, and geophysical interpretations from historical data [3] Financial and Operational Expansion - Based on strong drilling results, the surface drill program at Campo Morado has been increased by 120%, with a total budget of 5,500 meters for 2025 [6] - The company is in a transformative period, unlocking the gold-rich VMS potential of the Campo Morado property [9]