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HudBay Minerals Inc.
Summary
| Project: | Constancia | |
|---|---|---|
| Deposit: | Constancia, Pampacancha | |
| Location: | Peru | |
| Commodities: | Copper-Silver-Molybdenum-Gold | |
| Date: | 3/30/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-3-2020: 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. Toronto, Ontario, March 30, 2020 – Hudbay Minerals Inc. (“Hud | |
| Resources: | (Reserves, P+P): 526.6Mt @ 0.30% Cu, 90g/t Mo, 0.061g/t Au, 3.03g/t Ag | |
| CP/QP: | [Resources]: Casher Meagher (Internal) | |
| ABSTRACT: | Toronto, Ontario, March 30, 2020 – Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today provided an update on its annual mineral reserve and resource estimates and exploration activities. All dollar amounts are in US dollars, unless otherwise noted. “We are extremely pleased with our exploration success over the past 12 months in Manitoba where we’ve doubled the mine life in Snow Lake and more than doubled Lalor’s annual gold production from current levels,” said Peter Kukielski, Hudbay’s President and Chief Executive Officer. “In addition to replacing the ore that was mined at Constancia last year, we are also encouraged by recent drilling results north of the Constancia pit where high-grade skarn mineralization has been intersected. Hudbay has a proven track record of delivering value through the drill bit and successfully extending the life of our mines, demonstrating one of the many ways we can leverage our core competencies to create value.” In February 2019, Hudbay announced the results from its first phase of its Snow Lake gold strategy which repositioned Lalor as a gold mine with precious metals contributing a majority of the life-of-mine revenues. | |
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