Luca Mining publishes Q1 2026 MD&A for three months ended March 31, 2026

  • Luca Mining published its Q1 2026 MD&A, reporting revenue of US $57.6 million, adjusted EBITDA of US $25.4 million, net earnings of US $12.6 million.
  • Cash rose to US $36.4 million from US $25.5 million at year-end 2025; shareholders’ equity increased to US $75 million.
  • Campo Morado produced 37,256,000 ZnEq lbs; lower recoveries cut gold output to 1,676 oz; AISC rose to US $1.19/ZnEq lb.
  • Tahuehueto milled 79,203 tonnes at 1,003 tpd; gold output fell to 3,503 oz; silver output rose to 96,651 oz; AISC US $3,321/AuEq oz.
  • Outlook centers on metallurgical stabilization at Campo Morado, underground development at both mines, Tahuehueto contractor transition, higher-grade access to lift recoveries.


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