Altaley Mining Corporation (TSE:LUCA) has released an update.
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Luca Mining Corp. has announced a strong start to 2024 with robust production figures from its Tahuehueto and Campo Morado mines, experiencing an 18% and 25% increase in gold equivalent output respectively from the previous quarter. The company is rapidly progressing towards its commercial production targets and optimization programs, which are expected to significantly enhance operating cash flow in the second half of the year. With ongoing improvements, Luca Mining Corp. is poised to declare commercial production at Tahuehueto and produce higher-value concentrates at Campo Morado.
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