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Luca Launches Three-Year, US$25 Million Exploration Program to Unlock Exceptional Gold Potential at Campo Morado and Tahuehueto
Prnewswire· 2025-11-12 13:00
Accessibility StatementSkip Navigation VANCOUVER, BC, Nov. 12, 2025 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to announce a comprehensive three-year, US$25 million exploration program designed to unlock the district-scale, high-grade gold potential across its wholly owned Campo Morado and Tahuehueto mining operations in Mexico. Key Highlights Program Overview Over 80,000 metres of surface and underground diamond drilling are planned to ...
Giant Mining Expands AI-Driven U.S. Copper Exploration at Majuba Hill with ExploreTech Phase 2 Drill Program
Thenewswire· 2025-08-06 07:05
Core Insights - Giant Mining Corp. has successfully completed a site visit with Exploration Technologies Inc. to advance domestic copper production in line with the America First industrial strategy [1][2] - The Phase 2 exploration program aims to define and delineate a mineralized system to develop a NI 43-101 compliant Mineral Resource Estimate [3][4] - The company is leveraging AI-assisted geophysical modeling to optimize exploration efforts and reduce risks associated with drilling [2][5] Company Developments - The Phase 1 drill program confirmed hypogene copper mineralization and strong breccia controls, correlating with previously identified high-grade copper intercepts [6][7] - ExploreTech has been reaffirmed as the technical partner for the 2025 Phase 2 exploration, reinforcing Giant Mining's commitment to American copper independence [7] - The company has secured funding for the next phase of drilling at the Majuba Hill project, which is located in a top-ranked mining jurisdiction in Nevada [12][13] Market Context - Copper prices have surged over 40% year-to-date, reaching a peak of US $5.72 per pound, driven by strong demand and tightening global supply [4][5] - The initiative aligns with bipartisan support for revitalizing domestic supply chains in critical metals, emphasizing the importance of reshoring copper production for national security and energy transition [5][16] Project Characteristics - The Majuba Hill project spans 9,684 acres and is well-positioned with solid infrastructure, including access to roads, power, and water [12][13] - Historical production and extensive drilling indicate a potentially large mineralized body with significant expansion potential [13][17] - The company employs a robust QA/QC program to ensure the integrity of its exploration and drilling processes [14]