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Lundin Mining Corp.

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Summary

Project:

Zinkgruvan

Deposit:Zinkgruvan
Location:Sweden
Commodities:Copper-Zinc-Lead-Silver
Date:9/1/2016
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:1-9-2016: Lundin Mining Corp. announces a Resource Estimation report for its Zinkgruvan deposit at the Zinkgruvan project. Annual statement of mineral resources and ore reserves. Toronto, September 1, 2016 (TSX: LUN; OMX: LUMI) Lundin Mining Corporation (
Resources:
CP/QP:[Resources]: Graham Greenway, Antonio Salvador (Internal)
ABSTRACT:Toronto, September 1, 2016 (TSX: LUN; OMX: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) today reported its Mineral Resource and Reserve estimates as at June 30, 2016. On a consolidated and attributable basis, contained metal in the Proven and Probable Mineral Reserve category totaled 3,931 kt of copper, 2,737 kt of zinc and 95 kt of nickel. Commenting on the June 2016 Mineral Reserve and Resource estimates, Mr. Paul Conibear, President and CEO of Lundin Mining said “We are pleased that our continued exploration at both Candelaria and Eagle have again resulted in success, with further increased Mineral Resources and Reserves at Candelaria and the exciting maiden Inferred Mineral Resource on Eagle East. Our significant investment in near mine targets continues to be successful in adding substantially to our Mineral Resource base.” Conceptual level studies into growth opportunities at Candelaria continue to advance and are being supported by ongoing underground exploration success. Drilling continues at Eagle to define the limits of Eagle East and test for new targets. The June 2016 Mineral Resource and Reserve estimates at Neves Corvo and Zinkgruvan have largely replaced the depletion by mining despite reduced exploration spending.

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