LUCA MINING CONFIRMS FULL OPERATIONAL CONTINUITY AT TAHUEHUETO MINE FOLLOWING ENVIRONMENTAL INSPECTION
The inspection, part of
During the site review, PROFEPA requested clarification regarding a small legacy area previously used for tailings storage, located near the processing plant. This area is inactive and does not affect ongoing mining or processing operations.
As part of the administrative procedure, PROFEPA placed a temporary closure notice on that specific inactive area pending submission of updated technical documentation. Luca Mining expects to develop a remediation plan for this area that will not impact ongoing operations. "Environmental compliance and transparency are central to Luca Mining's operations," said Ramón Pérez, President of Luca Mining. "The temporary notice applies only to a non-operational section of 0.3 hectares and does not affect current production. We continue to work constructively with PROFEPA and SEMARNAT. Responsible mining is fundamental to how we operate."
Luca Mining continues to operate normally at both its Tahuehueto and
On Behalf of the Board of Directors
(signed) "
For more information, please visit: www.lucamining.com
Cautionary Note Regarding Forward-Looking Statements
It should be noted that Luca declared commercial production at
Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities laws. Forward Looking Information includes, but is not limited to, disclosure regarding the Financings, the anticipated timing of closing thereof and the expected use of proceeds therefrom; and other possible events, conditions or financial performance that are based on assumptions about future economic conditions and courses of action; the timing and costs of future activities on the Company's properties, such as production rates and increases; success of exploration, development and bulk sample processing activities, and timing for processing at its own mineral processing facility on the Tahuehueto project site. In certain cases, Forward-Looking Information can be identified using words and phrases such as "plans," "expects," "scheduled," "estimates," "forecasts," "intends," "anticipates" or variations of such words and phrases. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, that all requisite approvals in respect of the Financings will be received, and all conditions precedent to completion of the Financings will be satisfied, in a timely manner; the Company will be able to raise additional capital as necessary; the current exploration, development, environmental and other objectives concerning the
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Luca Mining Corp.
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