/C O R R E C T I O N -- Luca Mining Corp./

Core Insights - Luca Mining Corp reported strong year-over-year growth in Q3 2025, with significant increases in production and revenue, alongside strategic investments in development and exploration [1][3]. Financial Performance - The company generated a net free cash flow of $5.3 million in the first nine months of 2025, despite heavy investments in development and exploration [1][3]. - Revenue for Q3 2025 reached $35.0 million, a 94% increase compared to the prior year, driven by higher sales volumes and increased precious metal prices (gold +28%, silver +18%) [2][3]. Production Highlights - Consolidated tonnes milled increased to 250,807, a 66% rise from the previous year, resulting in substantial production increases: Gold up 51%, Silver up 97%, Zinc up 78%, Lead up 81%, and Copper up 43% [2][3]. - Campo Morado produced approximately 30.2 million zinc-equivalent pounds, a 75% year-over-year increase, with cash costs decreasing to $1.09 per payable ZnEq pound, a 14% reduction [5][6]. - Tahuehueto achieved a record of 969 tonnes milled per day, a 187% increase year-over-year, with gold-equivalent production rising 74% [9][10]. Operational Improvements - The company emphasized safe operations and improved throughput, with both mines operating above budget [2][3]. - Sustaining capital investment for Q3 was $8.7 million, aimed at enhancing underground development and exploration drilling [2][3]. Exploration Initiatives - Luca Mining is committed to a three-year, $25 million exploration program to unlock new gold resources at both Campo Morado and Tahuehueto [3][24]. - High-grade drill results were reported from the Reforma deposit at Campo Morado, indicating strong resource potential [8]. Future Outlook - The company anticipates entering higher-grade areas in both mines, which is expected to drive increased production and improved recoveries [15]. - Revised production guidance for 2025 reflects lower-than-expected output due to mining through lower-grade zones, but copper, silver, and lead production are tracking within or above original guidance [14][17].