Luca Mining sees resource growth potential at Campo Morado
2026-08-07 11:26:47 [Print]
New drilling results from Luca Mining's Campo Morado polymetallic mine in Mexico's Guerrero State point to the potential for expanding near-mine resources and extending the operation's mine life, the company reported Thursday.
A standout intersection from hole CMUG-26-50, drilled in the unmined Largo Norte zone, returned approximately 184 metres grading 1.18 grams of gold per tonne, 72.42 grams of silver, 0.39% copper, 0.45% lead and 1.67% zinc from 3.6 metres downhole. This included a higher-grade sub-interval of 18 metres at 2.64 grams gold, 152.34 grams silver, 0.53% copper, 1.05% lead and 2.52% zinc from approximately 12 metres depth.
Campo Morado is one of two Mexican mines-alongside Tahuehueto-where Vancouver-based Luca is targeting extensions of known mineralization through a combined $25 million (C$34 million) investment in 80,000 metres of underground and surface drilling. The current drill campaign at Largo Norte is a key component of this strategy, focusing on zones that could be rapidly integrated into the existing operation.
Located roughly 160 km southwest of Mexico City, Campo Morado is an active underground mine with processing capacity of approximately 2,500 tonnes per day. The operation hosts multiple sulphide lenses and has been delineated by more than 700 historical drill holes outlining a substantial mineralized system.
According to a March 2018 preliminary economic assessment, Campo Morado contains 16.6 million measured and indicated tonnes grading 4.01% zinc, 0.80% copper, 0.93% lead, 123 grams silver and 1.70 grams gold. This translates to contained metal of 700,000 oz. gold, 62 million oz. silver, 200 million lb. copper, 300 million lb. lead and 1.2 billion lb. zinc.
A standout intersection from hole CMUG-26-50, drilled in the unmined Largo Norte zone, returned approximately 184 metres grading 1.18 grams of gold per tonne, 72.42 grams of silver, 0.39% copper, 0.45% lead and 1.67% zinc from 3.6 metres downhole. This included a higher-grade sub-interval of 18 metres at 2.64 grams gold, 152.34 grams silver, 0.53% copper, 1.05% lead and 2.52% zinc from approximately 12 metres depth.
Campo Morado is one of two Mexican mines-alongside Tahuehueto-where Vancouver-based Luca is targeting extensions of known mineralization through a combined $25 million (C$34 million) investment in 80,000 metres of underground and surface drilling. The current drill campaign at Largo Norte is a key component of this strategy, focusing on zones that could be rapidly integrated into the existing operation.
Located roughly 160 km southwest of Mexico City, Campo Morado is an active underground mine with processing capacity of approximately 2,500 tonnes per day. The operation hosts multiple sulphide lenses and has been delineated by more than 700 historical drill holes outlining a substantial mineralized system.
According to a March 2018 preliminary economic assessment, Campo Morado contains 16.6 million measured and indicated tonnes grading 4.01% zinc, 0.80% copper, 0.93% lead, 123 grams silver and 1.70 grams gold. This translates to contained metal of 700,000 oz. gold, 62 million oz. silver, 200 million lb. copper, 300 million lb. lead and 1.2 billion lb. zinc.
Lead Conc. Pb 50%min, Ag 1,000g/dt min EXW China Ag payable
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China secondary lead producers' number MoM output increase statistics by province by month
Unit: pcs
