LUCA Announces Leadership Growth and Board Transition
Luca Mining Corp.
Suite 410, 1111 Melville Street
Vancouver, BC, V6E 3V6, Canada
NEWS RELEASE
LUCA ANNOUNCES LEADERSHIP GROWTH AND BOARD TRANSITION
Vancouver, British Columbia, June 12, 2025
Luca Mining Corp. (“Luca” or the “Company”) (TSX-V: LUCA; OTCQX: LUCMF; Frankfurt: Z68) is pleased to
report that Mr. Ramon Mendoza, currently Luca's interim Chief Operating Officer will assume the position
of permanent COO effective as of June 01, 2025. Mr. Mendoza will also continue to be the Company’s
Chief Technical Officer.
Mr. Mendoza has over 35 years of senior experience in the mining industry , with expertise in mine
development, process optimization, and a highly successful track record of managing both underground
and open-pit operations. He has played a pivotal role in the successful transformation of Luca’s operations
at the Campo Morado and Tahuehueto mines in Mexico into consistent producers of gold, silver and base
metals with significant growth potential. Prior to joining Luca, Mr. Mendoza worked as a mining consultant
and spent many years at First Majestic Silver Corp., where he was a member of the senior leadership team,
focusing on strategic management and project execution.
The Company also announces that Mr. David Rhodes will be stepping down as Chairman effective as of
June 10, 2025 but will remain a valued member of Luca’s Board of Directors. Well known in the financial
industry, including as the Managing Director of Endeavour Financial, Mr. Rhodes’ guidance and expertise
will continue to be of great benefit to the Company.
Mr. Peter Damouni will step into the role of Chairman of the Board . He brings over 20 years of global
corporate and investment banking experience with a focus on the natural resources sector. Mr Damouni
has served as an executive and director of several public companies listed on the TSX, TSXV, and LSE.
Throughout his career, he has played a key role in developing and executing corporate strategies ,
including equity and debt financings, restructurings, joint ventures, acquisitions and sale processes. Mr.
Damouni has been a Director of Luca since 2024 and has demonstrated outstanding leadership to the
Company, fostering a shared sense of purpose, initiative and positivity.
Mr. Dan Barnholden, CEO, commented, “ I believe that Luca has a team that is second to none. Ramon
Mendoza and Peter Damouni are highly effective, strong leaders who are focused on growing Luca in a
safe, sustainable way. Peter is very much welcomed as Chair as we continue to build and execute our
corporate strate gies. He is an excellent team -builder and his guidance will be critical as our grow th
accelerates. I would like to thank David Rhodes for his support and expertise during his time as Luca’s
Chair. Luca is fortunate that David will remain as a Director. Ramon has excelled on the operational front
since joining Luca and will build upon this success in his new position as COO. He is a role model to the
teams in Mexico and under his leadership Luca’s two mines have consistently performed well. His expertise
has facilitated successful optimizations at the Company’s operations leading to increased production, cash
flow and market performance.”
Luca Mining Corp.
Suite 410, 1111 Melville Street
Vancouver, BC, V6E 3V6, Canada
About Luca Mining Corp.
Luca Mining Corp. (TSX-V: LUCA, OTCQX: LUCMF, Frankfurt: Z68) is a Canadian mining company with two
wholly owned mines located in the prolific Sierra Madre mineralized belt in Mexico. These mines
produce gold, copper, zinc, silver, and lead and generate strong cash flow. Both mines have considerable
development and resource upside as well as significant exploration potential.
The Company's Campo Morado Mine hosts VMS-style, polymetallic mineralization within a large land
package comprising 121 sq km. It is an underground operation, producing gold, silver, copper, zinc, and
lead. The mine is located in Guerrero State.
The Tahuehueto Mine is a large property of over 75 sq km in Durango State. The project hosts
epithermal gold and silver vein-style mineralization. Tahuehueto is a newly constructed underground
mining operation producing primarily gold and silver. The Company has successfully commissioned its
mill and is now in commercial production.
For more information, please visit: www.lucamining.com
On Behalf of the Board of Directors
(signed) “Dan Barnholden”
Dan Barnholden, CEO
Cautionary Note Regarding Production Decisions and 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
production guidelines for 2025 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 and sustaining
capital expenditures; success of exploration, development, and metres to be drilled in exploration on the
Tahuehueto Mine site and the Campo Morado Mine site. In certain cases, Forward -Looking Information
can be identified using 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 concerning the Tahuehueto Mine
can be achieved; that consistent and sustainable mill feed at Campo Morado Mine will be achieved; the
continuity of the price of gold and other metals and economic and political conditions. 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 implie d 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 such statements. Accordingly, readers
Luca Mining Corp.
Suite 410, 1111 Melville Street
Vancouver, BC, V6E 3V6, Canada
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 circu mstances 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.
For further information about Luca Mining Corp., please contact:
Sophia Shane
Director of Investor Relations
Tel: +1 (604) 306-6867
or
Glen Sandwell
Corporate Communications Manager
Tel: +1 (604) 684-8071