Accomplished Corporate Development Executive Joins LUCA Team to Propel Future Growth
Luca Mining Corp.
Suite 410, 1111 Melville Street
Vancouver, BC, V6E 3V6, Canada
NEWS RELEASE
ACCOMPLISHED CORPORATE DEVELOPMENT EXECUTIVE
JOINS LUCA TEAM TO PROPEL FUTURE GROWTH
Vancouver, B.C., March 3, 2025, Luca Mining Corp. (“Luca” or the “Company”) (TSX-V: LUCA; OTCQX:
LUCMF; Frankfurt: Z68) is pleased to announce that Mr. Adam Melnyk, P.Eng. CFA, has joined Luca as VP
Corporate Development to oversee, manage and execute the Company’s business development and
business growth initiatives. Adam Melnyk is an experienced m ining executive with demonstrated
management, leadership, analytical and execution capabilities.
Dan Barnholden, CEO, commented, “ Adam brings over 2 0 years of mining sector experience to the
Company with particular expertise in strategic business development planning and asset evaluation . I
have had the privilege of working with Adam in his prior roles as a research analyst and hold him in the
highest esteem. Luca is rapidly achieving each of its corporate and operational objectives and we are now
setting our sights on opportunities in the Mexican mining sector where we can apply our business strategy
of Optimize, Explore and Expand . We believe that now is an excellent time to be considering growth
opportunities and Adam’s unique perspectives and skills will be instrumental to the success of this
initiative.”
Adam Melnyk, P.Eng., CFA
Before joining Luca, Mr. Melnyk was employed as Executive Vice President of Business Development at
Victoria Gold Corp. Previously, he was the Head of Mining Research at Sun Valley Gold LLC, an SEC -
registered Investment Advisor and Hedge Fund. In addition, he has worked in Equity Research with both
bank-owned and independent investment dealers, where he developed a reputation for thoughtful
independent analysis and maintained a strong client base. Prior to the financial industry, Adam was
employed as a Mining Engineer with Golder Associates and worked in the Exploration Division of
Goldcorp’s Red Lake mine.
Adam holds a B.Sc. in Geological Engineering (Hons) from Queen ’s University in Kingston, Ontario and is
registered as a Professional Engineer (P.Eng.) with the Association of Professional Engineers and
Geoscientists of British Columbia (APEGBC). He is also a CFA Charterholder.
Mr. Melnyk commented, “I am very pleased to join the Luca team as VP Corporate Development. Luca is
on the cusp of transformative growth, and I look forward to contributing to this. Luca’s operating platform
in Mexico provides significant opportunities for both organic and non-organic growth. It is an exciting time
at Luca and I am looking forward to playing a role in the creation of further per -share value for
stakeholders.”
Stock Option Grant
The Company announces that it has granted 600,000 incentive stock options ("Options") to Mr. Melnyk in
accordance with Luca's omnibus equity incentive plan. The grant of the Options is subject to approval by
the TSX Venture Exchange.
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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 within the prolific Sierra Madre mineralized belt in Mexico which hosts
numerous producing and historic mines along its trend. The Company produces gold, copper, zinc, silver
and lead from these mines that each have considerable development and resource upside.
The Campo Morado mine, is an underground operation located in Guerrero Stat e. It produces copper-
zinc-lead concentrates with precious metals credits. It is currently undergoing an optimization program
which is already generating significant improvements in recoveries and grades, efficiencies, and
cashflows.
The Tahuehueto Gold, Silver Mine is a new underground operation in Durango State . which hosts
numerous producing and historic mines along its trend. The Company is commissioning its mill and is
expected to achieve commercial production by the end of the year.
On Behalf of the Board of Directors
(signed) “Dan Barnholden”
Dan Barnholden, Chief Executive Officer
Contact Information:
Sophia Shane
Director of Investor Relations
+1 604 306 6867
Glen Sandwell
Corporate Communications Manager
For more information, please visit: www.lucamining.com
Cautionary Note Regarding Forward-Looking Statements
Statements contained in this news release that are not historical facts are “forward-looking information”
or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning
of applicable Canadian securities laws. Forward Looking Information includes, but is not limited to,
estimated timing of the 2025 Tahuehueto exploration program and other possible events, conditions or
performance that are based on assumptions about the proposed exploration program and its anticipated
results; the timing and costs of future activities on the Company’s properties, such as production rates
and increases; success of exploration, development, and timing for processing at its own mineral
processing facility on the Tahuehueto project site. In certain cases, Forward -Looking Information can be
identified usin g words and phrases such as “ plans, ” ”expects, ” ”scheduled, ” ”estimates,”
“forecasts,“intends,””anticipates”or variations of such words and phrases. In preparing the Forward -
Looking Information in this news release, the Company has applied several material assumptions,
including, but not limited to, that the Company will be able to raise additional capital as necessary; the
current exploration, development, environmental and other objectives concernin g the Tahuehueto
Project can be achieved; the commissioning of the Tahuehueto mill will proceed as planned in 2025; the
continuity of the price of gold and other metals and economic and political conditions. Forward -Looking
Information involves known and u nknown risks, uncertainties and other factors which may cause the
actual results, performance, or achievements of the Company to be materially different from any future
results, performance or achievements expressed or implied by the Forward -Looking Information. There
can be no assurance that Forward -Looking Information will prove to be accurate, as actual results and
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future events could differ materially from those anticipated in such statements. Accordingly, readers
should not place undue reliance on Forward-Looking Information. Except as required by law, the Company
does not assume any obligation to release publicly any revisions to Forward -Looking Information
contained in this news release to reflect events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.