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    Luca’s 14 g/t gold hits at Tahuehueto: mine growth and design notes for engineers

    March 7, 2026|

    Reviewed by Tom Sullivan

    Luca’s 14 g/t gold hits at Tahuehueto: mine growth and design notes for engineers

    First reported on MINING.com

    30 Second Briefing

    Luca Mining has intersected high-grade mineralisation below existing workings at its Tahuehueto underground mine in Durango, with DDH26-SU-01 cutting 7.6 m at 14.27 g/t gold, 46.64 g/t silver, 0.33% Cu, 2.57% Pb and 1.19% Zn from 80.9 m, and DDH26-SU-03 returning 13.2 m at 6.66 g/t gold from 42.7 m. The new zones lie about 30 m below Level 23, which already hosts underground infrastructure, and grades are several times the current ~4 g/t AuEq head grade from the 1,000 t/d mill commissioned in 2025. Luca has increased the 2026 exploration budget at Tahuehueto by 40% to $3.5 million, with 47 drill holes totalling roughly 10,400 m completed so far across the Creston and Santiago vein targets, where brecciated quartz–sulphide veins remain open down plunge.

    Technical Brief

    • Underground drill campaign comprises 28 holes for ~6,750 m plus 19 surface holes totalling ~3,650 m.
    • Tahuehueto mill is a 1,000 t/d plant treating gold–silver ore with copper, lead and zinc by-product credits.
    • Operation is an underground epithermal vein mine in Durango’s Sierra Madre Occidental belt, ~1,165 km NW of Mexico City.
    • Luca has mapped 14 discrete prospective vein targets across the district for follow-up drilling.

    Our Take

    With Luca Mining now valued around C$471 million on the TSXV, its market cap sits in the same exchange ecosystem as high-growth names highlighted in the 2025 TSX Venture 50 piece, signalling that sustained drill success at Tahuehueto could quickly feed through to index visibility and liquidity.

    The 14 identified vein targets at Tahuehueto in Durango put Luca into the group of multi-vein, underground gold–silver systems in Mexico’s Sierra Madre Occidental where operators often sequence higher-grade shoots first to fund step-out drilling, a pattern that has historically improved project economics for similar polymetallic mines in our database.

    The combination of strong underground intercepts below Level 23 and a 40% uplift in the 2026 exploration budget suggests Luca is trying to convert near-mine ounces rapidly, a strategy that has underpinned recent success at other TSXV gold names such as American Eagle Gold, which drew a C$23 million cornerstone investment covered in our March 2026 item.

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    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

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