Luca Mining Corp. Expands Ore Discoveries at Tahuehueto Mine
Exciting New Discoveries at the Tahuehueto Mine
Luca Mining Corp. (TSXV: LUCA, OTCQX: LUCMF, Frankfurt: Z68) has made remarkable strides in its exploration efforts at the Tahuehueto Mine. The company is excited to share the analytical results from nine underground diamond drill holes as part of its ambitious 5,000-meter exploration campaign aimed at uncovering further prospects within the high-grade ore systems.
Emerging High-Grade Breccia Ore Shoots
Significant findings have included a new, high-grade breccia ore shoot discovered near the El Creston vein system, located 60 meters below current mine workings. This discovery was made possible through drill hole DDH24-216, which returned an impressive 9.4 meters grading 5.21 g/t AuEq within a larger interval of 13.9 meters grading 3.90 g/t AuEq.
Additionally, drill hole DDH25-221 targeted an extension of the Creston FW Vein. This untested area presented exceptional results, with findings that included 6.9 meters of 4.10 g/t AuEq and 5.1 meters of 5.62 g/t AuEq. The exploration thus far has resulted in the completion of 20 underground drill holes targeting the near-mine resource expansion.
Comprehensive Exploration Program
The ongoing drilling campaign aims to identify and assess both vertical and lateral extensions of the known mineralization within the Creston and Perdido vein systems. It aims to validate the continuous nature of these mineralized veins, showcasing the potential for mineable resources that could be incorporated into the Tahuehueto Mine Plan in the near to medium term.
Surface Drilling Initiatives
In conjunction with the underground operations, surface drilling is set to commence at the Santiago deposit, which is significantly underexplored. This marks the first time since 2008 that this target will be evaluated for mineral potential, demonstrating the company's ongoing commitment to expanding its mining capabilities and resources.
Highlights of Recent Drilling Results
Recent results from drill holes DDH24-216 and DDH25-222 have highlighted the exceptional potential of the El Creston vein system. The presence of high-grade breccia zones suggests significant economic opportunities in the area.
Specifically, drill results show:
- DDH24-216 revealed 9.4 meters of 5.21 g/t AuEq, emphasizing its importance in future mine planning.
- DDH25-221 showed 6.9 meters of 4.10 g/t AuEq, enhancing confidence in ongoing exploration.
- DDH25-224 highlighted 5.1 meters of 5.62 g/t AuEq with additional high-grade segments, validating the zone's potential.
Future Directions and Exploration Goals
Luca's Phase 2 exploration drilling program, comprising another 5,000 meters, has now been approved and is underway. It aims to target extensions of the Creston Vein System and will complement ongoing surface drilling to maximize discovery potential.
The Tahuehueto property, with its extensive network of high-caliber veins, presents numerous opportunities for growth. Continuous evaluations and exploration strategies are set to enhance the company's production profile further.
As stated by Paul D. Gray, the company's Vice President of Exploration, "The discoveries made during this early phase of exploration affirm the robust nature of the Tahuehueto epithermal vein system. They present an opportunity to add immediate value to the asset and further substantiate our exploration methods. We anticipate more drilling results shortly that will continue to expand our understanding of this prospective area."
Frequently Asked Questions
1. What recent discoveries did Luca Mining Corp. make at the Tahuehueto Mine?
Luca Mining Corp. reported multiple high-grade breccia ore shoots discovered through new diamond drilling at Tahuehueto Mine.
2. How many drill holes were completed in the recent campaign?
Twenty underground drill holes have been completed as part of the ongoing Phase 1 exploration program at the Tahuehueto Mine.
3. What are the primary objectives of the current exploration program?
The primary objectives are to assess vertical and lateral extensions of mineralization and identify potential mineable resources.
4. Will there be additional drilling beyond the current campaign?
Yes, a Phase 2 drilling program is approved and will begin shortly, focusing on extending the Creston Vein System.
5. What is the significance of the Santiago deposit?
The Santiago deposit is significant due to its underexplored status, and new drilling could reveal valuable mineralization insights.
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