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HudBay Minerals Inc.
Summary
| Project: | Constancia | |
|---|---|---|
| Deposit: | Constancia, Pampacancha | |
| Location: | Peru | |
| Commodities: | Copper-Silver-Molybdenum-Gold | |
| Date: | 3/29/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 29-3-2018: HudBay Minerals Inc. announces a Resource Estimation report for its Constancia, Pampacancha deposit at the Constancia project. Updated mineral resources and reserves for the project. This Technical Report has been prepared for Hudbay Minerals I | |
| Resources: | (Reserve, P+P): 568.6Mt @ 0.32% Cu, 99g/t Mo, 3.07g/t Ag, 0.058g/t Au at project | |
| CP/QP: | [Resources]: Casher Meagher (Internal) | |
| ABSTRACT: | This Technical Report has been prepared for Hudbay Minerals Inc. (“Hudbay”) to support the public disclosure of mineral resources and mineral reserves at Constancia mine as of December 31, 2017. This Technical Report conforms to NI 43-101 Standards of Disclosure for Mineral Projects. Hudbay is an integrated Canadian mining company with assets in North and South America, principally focused on the discovery, production, and marketing of base metals and precious metals. Hudbay’s objective is to maximize shareholder value through efficient operations, organic growth and accretive acquisitions, while maintaining its financial strength. Hudbay’s operations at Constancia include the Constancia and Pampacancha pits, an ore processing plant, a waste rock facility, a tailings management facility and other ancillary facilities that support the operations. As of the date of this report, the Constancia mine is in steady state production. The pre-stripping started in March 2014 and the concentrator ramp-up started in December 2014. Commercial production was achieved as of April 30, 2015 and the operations continue in alignment with management’s expectations in terms of metal production and cost. The Qualified Person (the “QP”) who supervised the preparation of this Technical Report is Cashel Meagher, P.Geo., Senior Vice President and Chief Operating Officer of Hudbay. | |
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