Luca Mining Corp. Achieves Full-Year 2025 Production Guidance and Materially Strengthens Balance Sheet

Core Viewpoint - Luca Mining Corp. achieved its revised full-year 2025 production guidance while significantly strengthening its balance sheet throughout the year [1][6]. Financial Performance - As of December 31, 2025, Luca's cash position increased to approximately $25.5 million, up from $15.9 million at the end of Q3 2025 and $10.2 million at the end of 2024, driven by free cash flow from operations [2]. - The company repaid $10.1 million of debt during 2025, reducing the outstanding principal to $2.5 million at year-end, with expectations to fully repay the remaining balance by mid-2026 [2]. Production Results - For the full calendar year 2025, Luca's total payable production met or exceeded revised guidance for gold, silver, zinc, copper, and lead across its two operating mines in Mexico [3]. - Detailed production results include: - Campo Morado: Gold 5,619 ounces (guidance 5,500 – 6,500), Silver 736,775 ounces (guidance 680,000 – 800,000), Zinc 29,072 tonnes (guidance 28,000 – 32,000), Copper 7,038 tonnes (guidance 7,000 – 8,000) [4]. - Tahuehueto: Gold 15,837 ounces (guidance 15,500 – 17,500), Silver 279,997 ounces (guidance 219,000 – 270,000), Lead 3,370 tonnes (guidance 3,000 – 4,000), Zinc 3,808 tonnes (guidance 3,500 – 4,200) [4]. - Consolidated results: Gold 21,456 ounces (guidance 21,000 – 24,000), Silver 1,016,772 ounces (guidance 899,000 – 1,070,000), Zinc 32,880 tonnes (guidance 31,500 - 36,200), Copper 7,038 tonnes (guidance 7,000 – 8,000) [4]. Exploration Activities - In Q4 2025, the company invested approximately $0.8 million in exploration, completing about 5,836 meters of drilling [5]. - For the full year, exploration drilling totaled approximately 22,855 meters at a total cost of around $3.8 million, focusing on near-mine and resource expansion targets [5]. Management Commentary - The CEO highlighted 2025 as a pivotal year for execution, emphasizing the achievement of production guidance and balance sheet improvement through disciplined operations and debt reduction [6].