Luca Mining Appoints Veteran COO, Bolsters Technical Team for Key Mine Optimizations
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Luca Mining Corp. has announced significant strengthening of its technical leadership team, appointing Nick Shakesby as Chief Operating Officer, effective April 1, 2026. Mr. Shakesby brings over 30 years of operational and project leadership experience in underground mining, with a strong focus on Mexico and Latin America. Concurrently, Ramón Mendoza will transition from COO/CTO to a dedicated Chief Technical Officer role, focusing on leading growth initiatives, including the Campo Morado Expansion (CME). Additionally, Dr. Jose Hernandez has been hired as Vice President, Metallurgy and Process Engineering. These strategic appointments are crucial for advancing the company's operational optimization and executing its near-term growth strategy, particularly the CME, which aims to significantly improve metal recovery rates. Traders will be watching for updates on the progress of these optimization initiatives and the anticipated NI 43-101 Technical Report for the CME in the second half of 2026.
At the time of this announcement, LUCMF was trading at $1.32 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $358.7M. The 52-week trading range was $0.70 to $1.57. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.