LUCA Announces Appointment of Investor and Public Relations Advisors
Luca Mining Corp.
Suite 410, 1111 Melville Street
Vancouver, BC, V6E 3V6, Canada
LUCA ANNOUNCES APPOINTMENT OF INVESTOR AND
PUBLIC RELATIONS ADVISORS
Vancouver, British Columbia, June 6, 2024
Luca Mining Corp. (“Luca” or the “C ompany”) (TSX-V: LUCA; OTCQX: LUCMF; Frankfurt: Z68) is
pleased to announce it has engaged OGIB Corporate Bulletin (“OGIB”) and Native Ads, Inc. (“Native
Ads”) in a joint mandate to provide strategic digital media services.
Under the terms of these agreements, Native Ads and OGIB will provide a combination of content
development, web development, digital marketing and publication services, media buying and
distribution, and campaign reporting and optimization at a total cost C $100,000 over a nine-month
period.
Native Ads is a full-service advertising agency based out of New York and Vancouver, BC, that owns
and operates a proprietary ad exchange with over 80 integrated supply side platforms resulting in
access to three billion to seven billion daily North American ad impressions. OGIB is a subscription
service based out of Victoria, BC, which provides research on public companies and is wholly-owned
by Keith Schaefer. To the Company’s knowledge, neither Native Ads nor any of its directors or officers
own any securities of the Company. We are advised that the principal of OGIB, Mr. Schaefer presently
has direct or indirect ownership of 163,000 common shares in Luca. Both Native Ads and OGIB are
arm’s length to the Company. The engagement with Native Ads and OGIB is subject to the Company’s
filing requirements with 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 C ompany 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 State, a prolific mining
region in Mexico. It produces copper /lead and zinc concentrates with precious metals credits. It is
currently undergoing an optimisation 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, Mexico, within
the Sierra Madre Mineral Belt which hosts numerous producing and historic mines along its trend.
Luca Mining Corp.
Suite 410, 1111 Melville Street
Vancouver, BC, V6E 3V6, Canada
The Company is commissioning its mill capacity to 1,000 tonnes per day , and k ey test work and
production ramp-up is underway, to increase production by 2H 2024.
The Company expects its operations to start generating positive cash flow s in 2024. Luca Mining is
focused on growth with the aim of maximizing shareholder returns.
For more information, please visit: www.lucamining.com
On Behalf of the Board of Directors
(signed) “Ramon Perez”
Ramon Perez, President and Interim CEO
Cautionary Note Regarding Production Decisions and Forward-Looking Statements
It should be noted that Luca declared commercial production at Campo Morado prior to completing a feasibility
study of mineral reserves demonstrating economic and technical viability. Accordingly, readers should be
cautioned that Luca’s production decision has been made without a comprehensive feasibility study of
established reserves such that there is greater risk and uncertainty as to f uture economic results from the
Campo Morado mine and a higher technical risk of failure than would be the case if a feasibility study were
completed and relied upon to make a production decision. Luca has completed a preliminary economic
assessment (“PEA”) mining study on the Campo Morado mine that provides a conceptual life of mine plan and
a preliminary economic analysis based on the previously identified mineral resources (see news releases dated
November 8, 2017, and April 4, 2018).
Positive operating cash flow is defined as excluding capital, debt repayment and Trafigura financing.
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, disclosure regarding the
Incentive Program, including the timing, terms and anticipated used of proceeds from the Incentive Program,
and the receipt of necessary approvals for the Incentive Program ; and other possible events, conditions or
financial performance that are based on assumptions about future economic conditions and courses of action;
the timing and costs of future activities on the Company’s properties, such as production rates and increases;
success of exploration, development and bulk sample processing activities, and timing for processing at its own
mineral processing facility on the Tahuehueto project site. In certain cases, Forward- Looking Information can
be identified using words and phrases s uch 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, inc luding, but not
limited to, that the current exploration, development, environmental and other objectives concerning the
Campo Morado Mine and the Tahuehueto Project can be achieved; that the program to improve mining
operations at Campo Morado will procee d as planned; the continuity of the price of gold and other metals,
economic and political conditions, and operations. Forward- Looking Information involves known and
unknown 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 future events could differ materially from those
anticipated in s uch 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 ne ws release to reflect events or circumstances
after the date hereof or to reflect the occurrence of unanticipated events.
Luca Mining Corp.
Suite 410, 1111 Melville Street
Vancouver, BC, V6E 3V6, Canada
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.
For further information about Luca Mining Corp., please contact:
Sophia Shane
Director of Corporate Development
or
Glen Sandwell
Corporate Communications Manager
Tel: +1 (604) 684-8071