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VANCOUVER - Luca Mining Corp. (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) has announced a change in its executive team, with Mr. Armando Alexandri stepping down as Chief Operating Officer to explore a new opportunity. As of today, Mr. Ramon Mendoza, the company’s Chief Technical Officer, has taken on the role of Interim COO. The leadership change comes as the company shows strong market performance, with InvestingPro data showing a remarkable 206% return over the past year and a market capitalization of $238 million.
Mr. Mendoza brings over three decades of senior experience in the mining industry, with a focus on mine development and process improvements. His expertise encompasses managing both underground and open-pit operations, applying advanced optimization techniques, and integrating various disciplines into mining and processing plans.
The CEO of Luca Mining, Dan Barnholden, expressed gratitude for Mr. Alexandri’s contributions, particularly his role in the operational turnaround of the company. Barnholden also conveyed confidence in the technical team’s capabilities under Mr. Mendoza’s leadership. Although Mr. Alexandri is leaving his executive post, he will continue to support Luca Mining as a technical consultant.
Luca Mining, a Canadian company, operates two wholly owned mines in Mexico’s Sierra Madre mineral belt, producing gold, copper, zinc, silver, and lead. The Campo Morado Mine in Guerrero State and the Tahuehueto Mine in Durango State both have significant development potential and exploration prospects. Investors seeking deeper insights into Luca Mining’s growth potential can access 12 additional exclusive ProTips and comprehensive financial analysis through InvestingPro, including detailed earnings forecasts ahead of their upcoming April 29 report.
The Campo Morado Mine, an underground operation, is known for its polymetallic mineralization, while the Tahuehueto Mine, also an underground operation, has recently begun commercial production after commissioning its mill. The latter primarily yields gold and silver.
This leadership transition is based on a press release statement by Luca Mining Corp.
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