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Luca Mining agrees to acquire El Barqueño property from Agnico Eagle for up to USD 60 million

PUBT·09/17/2026 10:05:26
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Luca Mining agrees to acquire El Barqueño property from Agnico Eagle for up to USD 60 million
  • Luca Mining entered a definitive agreement dated Sept. 17, 2026 to buy Agnico Eagle’s El Barqueño property in Jalisco, Mexico.
  • Consideration includes an initial USD 10 million in common shares at closing, expected in Q4 2026, pending regulatory clearances.
  • Milestone-linked deferred payments total up to USD 30 million, tied to first drilling start and commercial production.
  • Additional production payments reach up to USD 20 million, linked to output milestones up to 400,000 gold equivalent ounces.
  • Agnico Eagle will retain a 2% NSR on defined resource areas; Luca can buy back half for USD 12.5 million.


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 on September 16, 2026, and is solely responsible for the information contained therein.