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HIGHLY EXPERIENCED MINING EXECUTIVE JOINS LUCA TEAM
TEAMAtlassian (TEAM) Prnewswire·2024-12-12 22:00

Core Viewpoint - Luca Mining Corp. has appointed Mr. Ramon Mendoza Reyes as Chief Technical Officer to lead the company's technical and growth initiatives, marking a significant step in its growth phase [1][3]. Company Overview - Luca Mining Corp. is a diversified Canadian mining company with two 100%-owned producing mines in the Sierra Madre mineralized belt in Mexico, producing gold, copper, zinc, silver, and lead [6]. Appointment of CTO - Mr. Mendoza brings over 35 years of experience in the mining industry, specializing in mine development and process improvements, and has a successful track record in managing both underground and open-pit operations [4][5]. - His previous roles include significant contributions at First Majestic Silver Corp., where he was involved in strategic management and project implementation [5]. Growth Strategy - The company is entering a new growth phase, aiming to expand its resource base, increase production, and enhance cash flow and share price performance [3]. - The Campo Morado mine is currently undergoing an optimization program that is improving recoveries, grades, efficiencies, and cash flows [7]. - The Tahuehueto Gold, Silver Mine is expected to achieve commercial production by the end of the year as it commissions its mill [8].