Luca Mining Corp has engaged Cominvi, S.A. de C.V. to carry out core mining operations at the company’s 100% owned Campo Morado copper-zinc-gold mine in Guerrero state, Mexico.
Cominvi is, Luca Mining says, one of the largest and most respected mining contractors in Latin America with a particular expertise in underground mining. It has a well-earned reputation for delivering excellent results with the highest degree of safety and responsibility.
Working with Cominvi will allow Luca to quickly increase production at Campo Morado and will provide cost-effective access to newer mining equipment for the company’s ongoing operations. Luca Mining added: “The addition of Cominvi to our operations team will help ensure that Campo Morado can meet and exceed its daily production targets and will provide a rapid path to further increases in production and revenues without incurring significant capital expenditures. ”
Dan Barnholden, CEO of Luca Mining, said Comvini bring incredible expertise and experience to Campo Morado and will greatly enhance the company’s operational flexibility.
“The timing of this decision is fortuitous as Cominvi has just completed a major mining project nearby and, therefore, mobilisation will occur very quick,” he said. “We intend to increase our mill throughput from the current 1,400-1,600 t/d to 2,000 t/d by year end and continue to push forward to 2,400 t/d mill rate during 2025. These achievements, along with the company’s previously announced Campo Morado Improvement Project to increase metallurgical recoveries and produce higher value concentrates, will have a material positive impact on the company’s production, costs and cash flow.
“Cominvi’s seasoned team will be an important factor in the execution of these plans.”
Luca Mining is a diversified Canadian mining company with two 100%-owned producing mines in Mexico within the prolific Sierra Madre Mineral Belt. The company produces gold, copper, zinc, silver and lead from these mines that each have considerable development and resource upside.