VANCOUVER, BC, Dec. 2, 2024
/CNW/ - Luca Mining Corp. ("Luca" or the "Company")
(TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) announces that it has
granted an aggregate of 850,000 incentive stock options ("Options")
to our recently hired V.P. Exploration and two other members of our
new exploration team in accordance with Luca's omnibus equity
incentive plan. The options vest over a period of three years and
are exercisable at a price of $0.54,
expiring five years from the date of their issuance. The
grant of the Options is subject to approval by the TSX Venture
Exchange.
About Luca Mining Corp.
Luca Mining (TSX-V: LUCA,
OTCQX: LUCMF, Frankfurt: Z68) is a diversified Canadian mining
company with two 100%-owned producing mines in Mexico. The Company produces gold, silver,
zinc, copper and lead from these mines with each having
considerable development and resource upside.
The Campo Morado mine, is an
underground operation located in Guerrero
State, a prolific mining region in Mexico. It produces copper-zinc-lead
concentrates with precious metals credits. It is currently
undergoing an optimisation program which is generating significant
improvements in recoveries and grades, efficiencies, and
cashflow.
The Tahuehueto gold-silver mine is a new underground operation
in Durango State, Mexico. The
Company has completed the installation of major equipment and is
commissioning its mill capacity to 1,000 tonnes per day, with key
test work and production ramp-up underway, to achieve full
production.
On Behalf of the Board of Directors
(signed) "Dan Barnholden"
Dan Barnholden, Chief Executive
Officer
For more information, please visit: www.lucamining.com
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SOURCE Luca Mining Corp.