Luca Mining Sets up for a Strong 2H 2024 with Production Guidance of 60,000 – 70,000 AuEq Ounces for the Full Year

Date:

VANCOUVER, BC, June 13, 2024 /CNW/ – Luca Mining Corp. (“Luca” or the “Company“) (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to announce its 2024 guidance and outlook for its 100% owned Campo Morado and Tahueheuto mines in Mexico. All financial amounts are expressed in USD dollars unless otherwise indicated.

2024 Full Year Consolidated Production and Financial Guidance

  • Consolidated production and sales of between 60,000 to 70,000 ounces gold equivalent (“AuEq”) from its Campo Morado and soon to be commissioned Tahuehueto mine.
  • Consolidated Revenue of $90 million$105 million (C$125 million to C$145 million).
  • Consolidated Total Cash Costs (“TCC”) between $1,200 and $1,335 per ounce of gold equivalent produced.
  • Consolidated All-in Sustaining Costs (“AISC”) between $1,320 and $1,500 per ounce of gold equivalent produced.
  • 2024 near-mine and regional exploration program planned.
  • Key milestones for 2024 include 1)…

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