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Hidden treasure of the mine, LUCE finds it!

Sustainable mineral resource
development project with LUCE

99.999% ultra-high purity gold,
produced using LUCE's patented technology.

LUCE, the only ultra-luxury silver town
corporation in Korea, is creating it.

CEO MESSAGE

We sincerely welcome you to
the LUCE Co., Ltd. website.

Welcome
Thank you for visiting the LUCE Co., Ltd. website.
We are a professional mining development company with extensive experience and
expertise in gold mining. We possess proprietary exploration technology and hold
domestic patents for refining technology.

We operate several gold mines with development and mining rights acquired through
advanced exploration using cutting-edge technology. We plan to further develop
commercially viable gold mines through ongoing explorationDue to the recent surge in international raw material and gold prices, the need for resource development has significantly increased, both domestically and internationally.

We are developing gold mines in La Paz, Bolivia and Laos, and will soon begin full-scale commercial production.
We are also actively working to realize shareholder value and employee welfare by
establishing a transparent and rational management system.

LUCE promises to do its best to grow alongside the local community through continuous
social contribution activities, fostering mutual happiness and establishing itself as a
trustworthy company
We kindly ask for your continued support and interest
Thank you

CEO of LUCE Co., Ltd

LUCE aims to create value and improve lives through sustainable
and responsible mining practices.

Company name

Luce Co.,Ltd

CEO

HAN JAEYOUNG

Company establishment

December 21, 2009

Capital

350 million won

Major business

gold, silver and other non-ferrous metals mining

Chairman
HAN SANG
CEO
HAN JAEYEONG
Management Office
HAN JAEHYEOK
Leisure
HAN SANGHO
LEE GWANGSU
overseas business
JEONG BYEONGHUI
Technology
JEONG BYEONGHUI
NAM PILDO
Chairman
HAN SANG
CEO
HAN JAEYEONG
Management Office
HAN JAEHYEOK
Leisure
HAN SANGHO
LEE GWANGSU
overseas business
JEONG BYEONGHUI
Technology
JEONG BYEONGHUI
NAM PILDO

Cheonbong 1 Mine

Cheonbong 1 Mine

Mt.52-1, Buwon-dong, Sangju-si, Gyeongsangbuk-do
(Cheonbong 1 Mine)

Types of Minerals

Gold [Au] / Silver [Ag]

Mining rights

79103 (Sangju no.53)

mine area

276ha(current drilling 2~4ha)

Reserves

113,920ton Increased reserves after further investigation
Economic feasibility study: 395 billion won (Based on the current drilling results in 2024)
Unestimated gold, silver production "sure" based on additional drilling results

Survey area
Additional survey area

Gold Mine Generation Process

  • Supernova explosion
  • Meteorite collision
  • Tectonic insertion
  • Gold vein formation
  • Surface survey
  • Geological Survey
  • Drilling Survey
  • Core Analysis
  • Grade Analysis
  • Opening of Adit
  • Opening of Shaft
  • Drilling
  • Charging
  • Wiring
  • Blasting
  • Carry
  • 1st crushing(underground)
  • Conveyor belt
  • Washing
  • Ball mill
  • Inside the ball mill
  • Floating Selection
  • Smelting
  • Smelting
  • Smelting
  • Smelting
  • Smelting

Promotion project

GOLF

36 holes membership in the
Seoul metropolitan area
27 holes public

Leisure

Diversification of leisure businesses in domestic tourist areas in preparation for the future four-day work week
condo/yacht/boat, etc
mountain campsite/atv/paragliding, etc

Real estate

Business hotel with over
200 large rooms
The only top-class, special-class
hotel-style Silvertown in Korea
Facilities: Hospital, indoor/outdoor sports facilities, spa, swimming pool,park golf course with great nature, etc.
Purchasing land in Gangnam, Seocho, Songpa, Bundang, and Gwacheon

Conversion of Post-Mining Facilities into Tourist Attractions

Tourism Resource
Development
Cave Exploration and
Exhibition Hall
Golf, Leisure

Eco-friendly recycling of mineral waste

It removes harmful substances from mineral waste and sells them as construction materials and
ceramic raw materials to minimize the cost of mining.

Recycling of waste ore (gangue) as construction material

Generate additional revenue by recycling waste ore (gangue) generated
after mining into construction materials

Additional revenue expected through production of construction
materials using waste ore (gangue)

Mining
  • quartz vein extraction pecification
Selection
  • Classification of gold ore and waste ore
Crushing
  • Crushing to aggregate
Classification
  • Classification by aggregate size
Sales and Recycling
  • Construction and civil engineering sites
  • ready-mixed concrete manufacturer

* daily aggregate production : 130㎥(350 ton)

* aggregate price : 15,000 won /㎥(As of December 2023)

Regional revitalization through mine site training programs

Internship Program

Practical training for university students
at resource-related universities

Academy of Resource
Developmen

Short-term programs for
resource practitioners

Resource specialist
training

On-the-job training for domestic and
foreign resource experts

  • Visits by external personnel to the area for on-site mine training
  • Revitalization of the local economy
  • Establishing a regional cooperation system by enhancing the mine’s influence
practical training using mine

Mine location

Location of headquarters(SEOUL)

Location of Cheonbong 1 and 2 mines
(Sangju, Gyeongsangbuk-do)

Location of Cheonbong 3, 5, 6 mines
(Imsil, Jeollabuk-do)

Location of Bolivia

Location of Laos

Location of Brazil

Domestic business

LUCE's current business site of Cheonbong Mine 13,884,360㎡

  • Name of mineCheonbong 1,2
  • LocationMt.52-1, Buwon-dong, Sangju-si, Gyeongsangbuk-do
  • Major mineralsGold [Au] / Silver[Ag]
  • Mining rightsSangju 53,63
  • Mine area276 ha
  • Reserves113,920 ton
  • Name of mineCheonbong 3,5,6
  • LocationSindeok-myeon, Imsil-gun, Jeollabuk-do
  • Major mineralsGold [Au] / Silver[Ag]
  • Mining rightsJeonju 60,70,80
  • Mine area837 ha (each 279 ha)
  • Reserves53,000 ton

Domestic On-site Photo

국내사업 현장 사진 1
국내사업 현장 사진 2
국내사업 현장 사진 3
국내사업 현장 사진 4
국내사업 현장 사진 5

Overseas business

Bolivian gold mining project

Business status
1st mining site
2nd mining site

Laos

Business License/ Land acquisition
Development rights in progress
Geological survey in progres

Brazil

Business License/ Land acquisition
Development rights in progress
Geological survey in progress

Announcement

Check out LUCE's diverse resources including aerial photos, drilling sites, core photos, and electrical resistivity reports.