Luca Mining disclosed new drill results from the Largo Norte unmined zone at its Campo Morado underground polymetallic mine in Guerrero State, Mexico. Hole CMUG-26-50 intersected about 184 metres grading 1.18 g/t gold, 72.42 g/t silver, 0.39% copper, 0.45% lead and 1.67% zinc from 3.6 metres downhole, including about 18 metres grading 2.64 g/t gold, 152.34 g/t silver, 0.53% copper, 1.05% lead and 2.52% zinc from about 12 metres. At the Naranjo unmined zone, hole CMNJ-26-02 returned 9.6 metres grading 4.05 g/t gold, 241.09 g/t silver, 0.90% copper, 1.57% lead and 2.72% zinc.
Campo Morado is a producing underground mine with processing capacity of about 2,500 tonnes per day. Luca is allocating a combined US$25 million to 80,000 metres of underground and surface drilling at Campo Morado and Tahuehueto to extend known mineralization. At Campo Morado, it has completed 13,571 metres from 60 underground holes and 20,063 metres from 75 surface holes; drilling remains in progress. The company described the campaign as its first meaningful exploration program at the mine since 2014.
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