LUCA DRILLS 28.6 METRES OF 5.35 G/T AUEQ AT THE EL REY DEPOSIT AT CAMPO MORADO

Core Insights - Initial drilling results at the El Rey deposit confirm thick, gold- and silver-rich VMS mineralization, indicating its potential inclusion in the Campo Morado mine plan [1][9] - The El Rey deposit is located approximately 200 meters from the Reforma deposit and is close to existing underground infrastructure, enhancing its viability for future mining [1][9] Exploration Results - Surface drillholes CMRY-25-01 to CMRY-25-07 intersected significant intervals of massive sulphide mineralization, with notable results including 28.6 meters of 5.35 g/t AuEq and 21.0 meters of 6.13 g/t AuEq [4][9] - Drillhole CMRY-25-05 extended mineralization by over 30 meters beyond the previously modeled deposit boundary, suggesting potential for increased mineral resources [4][9] Current Drilling Activities - Two surface drill rigs are currently operating at Campo Morado alongside ongoing underground diamond drilling, targeting high-priority VMS deposits [5][6] - Approximately 8,200 meters of surface drilling and 8,700 meters of underground drilling have been completed to date, focusing on resource expansion and mine life extension [6] Future Exploration Plans - Drilling has commenced at the Zapata target, identified as one of 38 prospective targets within the Campo Morado concessions, with plans to advance these targets in the first half of 2026 [7][9] - The exploration program aims to extend mine life and improve production flexibility at Campo Morado [6][7] Company Overview - Luca Mining Corp. operates two wholly owned mines in Mexico, producing gold, copper, zinc, silver, and lead, with significant development and resource upside [14][15] - The Campo Morado Mine hosts VMS-style polymetallic mineralization and is located in Guerrero State, while the Tahuehueto Mine focuses on epithermal gold and silver vein-style mineralization [15][16]