Aug. 20 at 8:14 PM
$LUCMF As highlighted by the Crux Investor, Luca Mining has executed a dramatic turnaround in one year, shifting from
$1M cash and
$18.2M debt to a strong balance sheet of
$25M cash and only
$7.7M debt, while generating
$11.7M in free cash flow in Q1 2025 and guiding for
$30–40M this year.
With two producing mines in Mexico ramping toward full capacity, LUCA is additionally advancing a high-grade gold discovery at Campo Morado’s La Reforma zone, where grades far exceed current mining areas.
Looking ahead, growth will be driven by mill upgrades with Ausenco to boost gold recoveries, a 2026 tailings reprocessing project targeting up to
$1B in contained gold, and ongoing exploration supported by over
$100M in historical data, positioning LUCA to deliver sustained value creation as gold trades near record highs.
Checkout the full breakdown here: https://x.com/StckMasterFlash/status/1955356594448846895
Posted on Behalf of Luca Mining Corp.