Luca Mining Corp. has completed construction of its Tahuehueto underground operation in Durango State, Mexico. The gold mine has a 1,000-tonne-per-day nameplate processing capacity.
“We are extremely pleased with our progress at the Tahuehueto gold mine. Processing rates are currently averaging 450 [t/d] and we expect to steadily increase over the coming weeks to reach commercial production in September 2024,” said CEO Dan Barnholden, noting that the mine is set to become the second cornerstone asset at Luca.
“We are ultimately targeting at least 50,000 ounces of Au Eq annual production from this mine. We are also excited about encountering new high-grade gold zones with significant mineable widths, as recently announced, through our normal course development work. We expect to start exploring these zones from underground in the upcoming months. This is a tremendous achievement, and it reinforces the strength of our team, which is underpinned by the high geological prospectivity of our asset and the favorable operating environment in Mexico.”
Luca Mining said Tahuehueto was completed within budget and has been successfully producing on a pre-production basis for several months. Commercial run-rate levels are considered to be an average of approximately 800 t/d or 25,000 tonnes of ore per month.
Source: Luca Mining