- Luca Mining Corp. (LUCMF, Financial) reports a significant discovery of a new ore zone at the Campo Morado mine in Mexico, with drillhole CMUG-25-012 intercepting 3.8m of 12.54 g/t AuEq.
- The company's ongoing 5,000-meter Phase One underground exploration has completed 16 drillholes totaling over 2,700 meters.
- A new surface drilling program is underway, targeting deposits such as Reforma and El Rey.
Luca Mining Corp. (LUCMF) has announced substantial results from its ongoing underground drilling program at the Campo Morado polymetallic mine in Guerrero State, Mexico. The highlight of the latest findings includes drillhole CMUG-25-012, which intersected 3.8 meters of mineralization grading 12.54 grams per tonne gold equivalent (AuEq), including 5.4 g/t gold, 288 g/t silver, 0.8% copper, 2.2% lead, and 6.4% zinc within a broader 15.8-meter zone grading 4.87 g/t AuEq. This discovery marks a new ore zone within the G9 Deposit.
As part of its comprehensive 5,000-meter Phase One exploration program, Luca Mining has completed 16 underground drillholes, amounting to over 2,700 meters. This is the first significant exploration at Campo Morado since 2014. The ongoing drilling aims to expand resources in proximity to existing mine workings and integrate findings rapidly into mine plans.
In addition to the underground efforts, Luca has commenced a surface drilling campaign across the property. This initiative targets the Reforma and El Rey deposits, which have remained unexplored since 2010. The Campo Morado property spans over 121 square kilometers within the Sierra Madre del Sur mineral belt, noted for its polymetallic massive sulphide deposits.
The company is determined to further explore the untapped potential surrounding the existing mine operations and reinforce its position within the prolific Sierra Madre mineralized belt. With such encouraging initial results, Luca Mining anticipates a substantive update to its mineral resource base, significantly impacting its operational plans.
