Luca Intersects 2.4 Metres of 12.2 g/t Gold at Santiago Deposit

Core Insights - Recent drilling at the Santiago Deposit has successfully extended high-grade gold mineralization by over 100 meters toward the west, indicating a potential connection with the Perdido vein [1][3][12] - The ongoing exploration program at the Santiago Deposit marks the first significant drilling activity since 2008, with promising results suggesting resource growth potential [2][4][11] Drilling Results - New drillhole DDH25-SGO-008 returned 2.4 meters of 12.2 g/t gold, while DDH25-SGO-009 intersected 3.2 meters of 2.17 g/t gold, confirming the continuity of the mineralized structure [3][4] - Additional results from the Santiago Deposit have exceeded grades modeled in the current resource estimate, indicating clear potential for resource expansion [4][10] Geological Context - The Santiago Deposit is located approximately one kilometer from existing mine infrastructure and has never been mined, with mineralization remaining open to the east, west, and at depth [5][10] - Geological interpretations suggest that the Santiago and Perdido veins may form part of a single, continuous mineralized structure, reinforcing the exploration strategy [8][12] Exploration Strategy - The 2025 exploration program at Tahuehueto aims to expand known mineral resources, identify high-grade breccia zones, and add near-term mineable material [14][19] - The program is designed to demonstrate the vertical and lateral extent of mineralization and target additional prospective veins within the concession area [19][20] Company Overview - Luca Mining Corp. operates within the Sierra Madre mineralized belt in Mexico, producing gold, copper, zinc, silver, and lead from its two 100%-owned mines [22] - The Tahuehueto Mine is a newly constructed underground operation that has commenced commercial production, contributing to the company's growth potential [24]