#Mexico #Luca Mining #Durango #Tahuehueto Mine

Exciting Discoveries at the Tahuehueto Mine

Luca Mining Corp., listed on TSX Venture Exchange under the ticker LUCA, has made significant advancements with its current exploration drilling program at the Tahuehueto gold-silver mine situated in Durango, Mexico. The company recently announced the analytical results from nine underground diamond drill holes aimed at identifying high-grade ore deposits within the areas surrounding their active mining operations.

New High-Grade Ore Shoots Identified

In a surprising turn of events, Luca revealed the discovery of multiple new high-grade breccia ore shoots, particularly within the El Creston vein system. During the drilling process, one hole reported intersections of 9.4 meters with an impressive grade of 5.21 g/t AuEq, significantly within a larger section spanning 13.9 meters averaging 3.90 g/t AuEq. These results demonstrate the potential for rich mineralization at depths previously untested, primarily concentrated approximately 60 meters below existing mine levels.

Another notable discovery also pointed toward an untapped section of the Creston FW vein, leading to three further drill holes yielding outstanding results, including segments with 5.62 g/t AuEq across various meters. Notably, one drill hole revealed an outstanding 2.4 meters at a grade of 9.37 g/t AuEq, underlining the promising yields from this unexplored region.

Progress and Future Plans

To date, Luca Mining has completed 20 underground drill holes exclusively as part of a more extensive 5,000-meter exploratory drilling program. The main aim of this initiative is to expand the near-mine resources, while additional geological potential has been identified in previously overlooked zones, informing the company's updated mineral resource plans for both the near and medium-term at Tahuehueto.

Furthermore, surface drilling is projected to commence imminently at another site on the property, known as the Santiago deposit, which could further unlock mineral resources. This deposit is particularly exciting as it has not seen exploration since 2008 and is one of 18 identified mineralized veins on the expansive Tahuehueto property.

The Broader Picture

According to Paul D. Gray, Vice President of Exploration at Luca, the swift identification of high-grade ore shoots within the current exploratory phase illustrates the robust potential of the Tahuehueto epithermal vein system. This may contribute significantly to the immediate value of the asset as drilling programs continue.

Luca Mining remains focused on maximizing both near-term and medium-term operational success, and the substantial discoveries found thus far bolster their exploration strategy and the economic viability of the mining initiatives. The company has also recently approved a Phase 2 drilling program that will significantly extend the current scope, targeting further areas of mineralization across the project.

Conclusion

The Tahuehueto mine spans over 75 square kilometers and contains extensive known mineralized structures, highlighting its economic opportunity for gold and silver production. Given the recent discoveries of high-grade ore shoots and the promising potential of other identified veins, Luca Mining seems well-positioned to enhance its operations significantly as the exploration efforts continue. Investors and stakeholders will likely watch closely as the company progresses with these promising findings and expands its mining capabilities in the region.

For more detailed updates about the ongoing developments and program results, stakeholders can visit Luca Mining's official website. This exploration's early success may lay the groundwork for a favorable outlook for both the company and its investors moving forward.