Luca Mining Corp · TSXV:LUCA
Luca Mining — Investor Presentation (February 2025)
22 slides from Luca Mining's investor presentation, Feb 18, 2025
Slide 1: Optimization, Exploration, Expansion
February 18, 2025 TSX-V: LUCA | OTCQX: LUCMF | FRANKFURT: Z68 | L U C A LMUI CNAI MN IGN .I C NGO .M COM 1 Optimization Exploration Expansion PRODUCtion gold/zinc/copper/silver/lead cash flow DISTRICT SCALE exploration
Slide 2: Forward Looking Statements and Legal Disclaimer
LUCAMINING.COM 2 Canadian regulatory agencies and available at www.sedarplus.ca. The Company Company’s anticipated future business operations. The Company disclaims any FORWARD LOOKING STATEMENTS believes that the expectations reflected in Forward-Looking Information in this Corporate Presentation a
Slide 3: Mexican Mining Experts
LUCAMINING.COM 3 MEXICAN MINING EXPERTS Some of the largest mining companies in the world Mining in Mexico surround us in Mexico We know Mexico - and our experienced management team and our knowledge of the Mexican mining landscape give us a competitive advantage 3
Slide 4: Our Metal Breakdown
LUCAMINING.COM 4 OUR METAL BREAKDOWN 4 22% COPPER 35% GOLD 18% COPPER REVENUE ~50/50 Precious and Base metals BY METAL 16% SILVER 2% LEAD 25% ZINC 4
Slide 5: The Luca Story
LUCAMINING.COM 5 The Luca Story TAHUEHUETO 2 fully permitted operating mines in PRODUCTION 2024 ~60k oz Au Eq Significant production upside potential 2024 AVERAGE AISC YTD $1,842 First 9-months from both mines De-risked operations $500+ million Mexico producing No further major capex infrastructure
Slide 6: Our Plan
LUCAMINING.COM 66 Our Plan Ramp up Campo Morado New contractor – now consistently achieving objective of 2,000 tpd throughput 2025 Optimize Campo Morado Sustainable optimized recoveries – implement copper/lead separation Explore Campo Morado AND BEYOND Explore Campo Morado’s extraordinary upside pot
Slide 7: What this Means
LUCAMINING.COM 7 What this Means Our mines are permitted, Our mines have in production and development and resource generating cash flow – upside and optimization at our foundation on which to both projects is ongoing grow Clean balance sheet - The blue sky for the pay off debt by mid-2026 company i
Slide 8: Campo Morado
LUCAMINING.COM 8 GLOBAL M&I GOLD ZINC COPPER SILVER LEAD 16.6 Mt M&I 700 Koz M&I 1.2 Blbs M&I 0.2 Blbs M&I 62 Moz M&I 0.3 Blbs M&I CAMPO Location Guerrero State 121 sq km Processing 2,400 tpd throughput capacity (crushing, milling, flotation) MORADO Ownership 100% 2024E Full Year Production 39,000-4
Slide 9: Optimization at Campo Morado yielding excellent results
LU LUCC AMAM I NI N I NI N GG. C. C OOMM 9 9 Optimization at CAMPO MORADO yielding excellent results Q4 2023 Initiated Optimization Program STAGES 1 2 3 4 Back to Basics Sustainable Operations Improvement Projects Campo Morado 4.0 • Refurbish & upgrade • Implement geomet and M2M • Partial flotation
Slide 10: Exploration upside at Campo Morado
LUCAMINING.COM 10 Main Declines, Development (looking North) G9, Naranjo and Largo Ore Bodies exploration upside at Campo morado • Well-defined, drilled and developed ore bodies • Higher Cu recovery, should increase economical and mineable resources Large amounts of technical data: Surface & structu
Slide 11: Exploration upside at Campo Morado
LUCAMINING.COM 11 Drill Gravity exploration upside collars survey at Campo morado EXPLORATION 4 of top 10 TARGETS “Drill ready” 38 Targets Mining Concessions >12,000 hs 11
Slide 12: Tahuehueto
LUCAMINING.COM 12 GLOBAL M&I GOLD ZINC COPPER SILVER LEAD 6.3 Mt M&I 425 Koz M&I 273 Mlbs M&I 36 Mlbs M&I 9 Moz M&I 123 Mlbs M&I Tahuehueto Location Durango State 75 sq km Processing 2024E Full Year 1,000 tpd throughput capacity (crushing, milling, flotation) 16,000-19,000 Au equivalent oz Ownership
Slide 13: Tahuehueto
LUCAMINING.COM 13 Tahuehueto LEVEL 12 & 14 PORTALS LEVEL 20 PORTAL CRUSHING CIRCUIT MINE CAMP PROCESS PLANT 13
Slide 14: Transformative exploration potential at Tahuehueto
LUCAMINING.COM 14 Main Declines, Development G9, Naranjo and Largo Ore Bodes Transformative exploration potential at tahuehueto EXPLORATION OBJECTIVES • Step-out drilling along strike (north and south) • Determine vertical extent of mineralization • Drill and explore multiple, known, untested First
Slide 15: Luca corporate stats
LUCAMINING.COM 15 Luca corporate stats PRICE CHART One Year LUCA LUCMF Z68 TSXV OTCQX Frankfurt Shares 235 million Outstanding Fully Diluted 285 million Market Cap C$270 million (Feb 14, 2025) 52 Week C$1.22 high C$0.20 low ANALYSTS SHAREHOLDER BASE Debt U$10.5 million Ventum Buy C$1.50 January 29,
Slide 16: A strong Board of directors
LUCAMINING.COM 16 Dr. Neil O’Brien DIRECTOR A strong Board of directors Economic geologist and former mining executive with three decades of industry service including Board of Director roles in public and private mineral exploration companies. Dr. O'Brien retired in 2018 Mine builders | Opportunity
Slide 17: A strong Management Team
LUCAMINING.COM 17 Armando Alexandri, M.Eng CHIEF OPERATING OFFICER A strong MANAGEMENT TEAM Mining engineer with over 40 years of experience (mostly in Mexico). Led expansions of the Bolivar mine (500 to 2,000 tpd) and Impact Silver’s operations (4,000 to 16,000 tpm). Former COO of Impact Silver, Ti
Slide 18: What's next
LUCAMINING.COM 18 What’s next We see a near-term with significant and longer term valuation re-rating additional upside growth ahead The Campo Morado copper/zinc mine Production upside at both mines •M&A growth has undergone a highly successful Targeting doubling production to •Targeting mid-tier ra
Slide 19: Thank You
LUCAMINING.COM 19 Thank You LUCAMINING.COM TSX-V: LUCA OTCQX: LUCMF FRANKFURT: Z68
Slide 20: Appendix
LUCAMINING.COM 20 APPENDIX 20
Slide 21: Campo Morado Resources
LUCAMINING.COM 21 Campo Morado Resources RESOURCES (NI 43-101 Compliant, March 2018) 21
Slide 22: Tahuehueto Resources
LUCAMINING.COM 22 Tahuehueto resources RESERVES & RESOURCES (NI 43-101 Compliant, April 2022) 22