Case Resources Covers: Luca mining’s latest news.

Posted on behalf of Luca Mining Corp. - Case Resources highlighted Luca’s latest drill results at its producing Campo Morado mine in Guerrero, Mexico, confirming wide, high-grade mineralization within \~60 metres of existing underground workings, while adding 2nd drill rig to test undrilled vms targets. Key intercepts (near-mine): \* 55.8 m @ 5.90 g/t AuEq, incl. 25.1 m @ 8.31 g/t AuEq and 8.2 m @ 20.54 g/t AuEq \* 4.0 m @ 1.04% Cu with associated Au-Ag (underground) \* Surface hits at Reforma including 21.4 m @ 2.47 g/t AuEq (incl. 6.6 m @ 5.78 g/t AuEq) and 1.5 m @ 38.32 g/t AuEq Program scale & catalysts: \* 8,440 m underground + 7,218 m surface drilled to date \* Second surface rig mobilized; 10,000 m expansion added (now 16,500 m planned) \* 38 priority VMS targets identified across the camp—most undrilled Management’s priorities are clear, convert near-infrastructure discoveries into mineable inventory, while testing district-scale upside across the Campo Morado concession. With an operating mine, low-cost near-mine additions, and a large pipeline of untested targets, Luca is positioning for both immediate production relevance and longer-term growth in a polymetallic (Au-Ag-Zn-Pb-Cu) district. “Bull case: CAD $387-424M market cap, producer story (Campo Morado operating mine) = immediate production relevance, +322-350% 1-year gain, near-mine intercepts within 60m of existing workings = low-cost resource additions, 38 untested VMS targets = significant district-scale exploration upside, polymetallic (Au-Ag-Zn-Pb-Cu) revenue diversification, TSX-V/OTCQB dual-listing. Bear case: Mexico jurisdiction considerations, underground mining capital intensity, VMS-style mineralization can be discontinuous (requires dense drilling to define), precious-metal enrichment may require separate processing optimization, 38 targets are early-stage (most undrilled).” [https://caseresources.substack.com/p/the-daily-drill-36-tuesday-13th-january?r=6d97ds&utm\_campaign=post&utm\_medium=web&triedRedirect=true](https://caseresources.substack.com/p/the-daily-drill-36-tuesday-13th-january?r=6d97ds&utm_campaign=post&utm_medium=web&triedRedirect=true)