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Lundin Mining Corp.
Summary
| Project: | Eagle Mine | |
|---|---|---|
| Deposit: | Eagle, Eagle East | |
| Location: | United States | |
| Commodities: | Copper-Gold-Silver-Nickel-Cobalt | |
| Date: | 9/6/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 6-9-2018: Lundin Mining Corp. announces a Resource Estimation report for its Eagle, Eagle East deposit at the Eagle Mine project. Annual statement of mineral resources and ore reserves. Toronto, September 6, 2018 (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin | |
| Resources: | ||
| CP/QP: | [Resources]: Robert Mahin (Internal) | |
| ABSTRACT: | Toronto, September 6, 2018 (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) today reported its Mineral Resource and Reserve estimates as at June 30, 2018. On a consolidated and attributable basis, estimated contained metal in the Proven and Probable Mineral Reserve categories totalled 3,672 kt of copper, 3,374 kt of zinc and 108 kt of nickel. Commenting on the June 2018 Mineral Reserve and Resource estimates, Mr. Paul Conibear, President and CEO of Lundin Mining said, “We are once again pleased that our exploration investments continue to add high returns and significant value to our asset base. Exploration success at Candelaria has identified a new surface deposit close to the mill called Española, amenable to open pit mining. Infill and step out drilling and mine planning is underway. Subject to exploitation economics and permitting, the target is to bring Española ore into the mill to further improve the Candelaria production profile in the next few years. The Candelaria underground total Mineral Reserve estimate is now ten times the size of that at acquisition, allowing us to extend underground mine lives and to further enhance medium and long-term copper output. Zinkgruvan exploration success is highlighted by significant expansion of the Dalby deposit Inferred Mineral Resource estimate. Eagle East and Eagle regional drilling is advancing, and we are increasing our exploration efforts at Neves-Corvo targeting potential expansion of the copper and zinc Mineral Resource base.” | |
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