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Luca Mining agrees to buy El Barqueño project from Agnico Eagle for up to USD 60 million
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Luca Mining agrees to buy El Barqueño project from Agnico Eagle for up to USD 60 million
  • Luca Mining agreed to buy Agnico Eagle’s El Barqueño property in Jalisco, Mexico, covering more than 32,000 hectares.
  • US$10 million payable at closing in common shares; up to US$30 million in milestone payments tied to drilling start, commercial production.
  • Additional payments up to US$20 million linked to output milestones; Agnico Eagle to receive a 2% NSR on defined resource areas.
  • Closing targeted for Q4 2026, subject to regulatory approvals including Mexico’s competition authority and the TSX Venture Exchange.
  • Project not currently permitted for exploration drilling due to a regional land-use plan; legal challenge is underway.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Luca Mining Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609170600PR_NEWS_USPR_____VA50467) on September 17, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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