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HudBay Minerals Inc.
Summary
| Project: | Lalor Mine | |
|---|---|---|
| Deposit: | Lalor Mine | |
| Location: | Canada | |
| Commodities: | Copper-Silver-Zinc-Gold-Lead | |
| 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 Lalor Mine deposit at the Lalor Mine project. Updated mineral resources and reserves for the project. Toronto, Ontario, March 29, 2018 – Hudbay Minerals Inc. (“Hudbay” or the “ | |
| Resources: | (Reserve, P+P): 12.995Mt @ 4.83% Zn, 2.62g/t Au, 0.67% Cu, 26.33g/t Ag at project | |
| CP/QP: | [Resources]: Robert Carter (Internal) | |
| ABSTRACT: | Toronto, Ontario, March 29, 2018 – Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) announced that it has filed an updated National Instrument 43-101 technical report in respect of its 100% owned Constancia mine in Peru (the “2018 Technical Report”). The 2018 Technical Report includes updates to the mineral reserves and resources and mine plan, including anticipated throughput, recoveries and capital and operating costs for the remaining life of mine at Constancia. The company has also provided its annual mineral reserve and resource update for its producing properties. All dollar amounts are in US dollars, unless otherwise noted. A decline to access the copper-gold zone at Lalor commenced in January 2018 and additional detailed technical work is underway to optimize the mine plan. Test mining of the gold zone began in February 2018, which will enable a better understanding of the gold zone characteristics and better inform the evaluation of options for processing Lalor gold in the future. The gold ore is currently being shipped to Flin Flon for processing. | |
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