Jun. 12 at 4:03 PM
$LUCMF Today, Luca Mining announced the appointment of Ramon Mendoza as permanent Chief Operating Officer (COO), bringing over 35 years of mining experience: https://lucamining.com/press-release/?qmodStoryID=8239693968585741
Mendoza additionally serves as Chief Technical Officer and has played a pivotal role in optimizing operations and transitioning Campo Morado and Tahuehueto into consistent gold, silver and base metal producers with significant growth potential.
This announcement follows LUCA reporting strong Q1 2025 results, generating US
$4.5 million in net earnings and US
$11.7 million in free cash flow, as revenue surged 117% year-over-year to a record US
$47.4 million. Gold equivalent production rose 51% to 21,293 oz, driven by higher throughput and improved grades at both its mines.
More info on LUCA: https://www.reddit.com/r/wallstreetsmallcaps/comments/1l977r0/luca_mining_lucav_or_lucmf_makes_us45m_in_q1_2025/