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HudBay Minerals Inc.
Summary
| Project: | Lalor Mine | |
|---|---|---|
| Deposit: | Lalor Mine | |
| Location: | Canada | |
| Commodities: | Copper-Silver-Zinc-Gold-Lead | |
| Date: | 3/30/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-3-2017: 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. This Technical Report (the Technical Report) has been prepared for Hudbay | |
| Resources: | (Reserve, P+P): 14.232Mt @ 5.12% Zn, 2.61g/t Au, 0.69% Cu, 26.50-g/t Ag | |
| CP/QP: | [Resources]: Robert Carter (Internal) | |
| ABSTRACT: | This Technical Report (the Technical Report) has been prepared for Hudbay Minerals Inc. (Hudbay) to support the public disclosure of Mineral Resources and Mineral Reserves at the Lalor Mine and to provide an updated mine plan that contemplates 4,500 tpd of base metal, gold and copper-gold zone ore to Stall concentrator. Hudbay is a Canadian integrated mining company with assets in North and South America principally focused on the discovery, production and marketing of base and precious metals. Hudbay’s objective is to maximize shareholder value through efficient operations, organic growth and accretive acquisitions, while maintaining its financial strength. The mineral resources for Lalor are estimated either as base metal lenses or gold zones and classified as Measured, Indicated and Inferred resources, inclusive of mineral reserves, as of September 30, 2016. The mineral reserves were estimated based on a LOM plan prepared; using Deswik mine design software that generated mining inventory based on stope geometry parameters and mine development sequences. Appropriate dilution and recovery factors were applied based on cut and fill and longhole open stoping mining methods with a combination of paste and unconsolidated waste backfill material. | |
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