Luca Mining – EnviroGold Global MOU To Reprocess Tailings At Campo Morado Mine, Tahuehueto Gold Mine Production Update, Q2 Financial Recap
Mike Struthers, CEO of Luca Mining (TSX.V:LUCA – OTCQX:LUCMF – FSE:TSGA) joins me to recap the recent news reporting a Memorandum of Understanding (MOU) with EnviroGold Global to reprocess the historical tailings at Campo Morado Mine. I also have Fred update us on the early stage production at the Tahuehueto Gold Mine, currently at 500 tpd, and if the move to 1,000 tpd is still on track for the end of the year. To wrap up we go through the Q2 financial results which saw higher costs with production and revenue off as well.
Regarding the MOU with EnviroGold Global, I have Mike recap the current production profile and how the use of EnviroGold Global’s proprietary NVRO technology could significantly improve the recoveries at this Project. I have Mike outline the steps needed to be completed before this technology and process couple be applied to current production.
If you have any follow up questions for Mike please email me at Fleck@kereport.com.