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Lundin Mining Corp.
Summary
| Project: | Zinkgruvan | |
|---|---|---|
| Deposit: | Zinkgruvan | |
| Location: | Sweden | |
| Commodities: | Copper-Zinc-Lead-Silver | |
| Date: | 9/5/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 5-9-2019: 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 5, 2019 (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining | |
| Resources: | ||
| CP/QP: | [Resources]: Graham Greenway, David Allison (Internal) | |
| ABSTRACT: | Toronto, September 5, 2019 (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, 2019. On a consolidated and attributable basis, estimated contained metal in the Proven and Probable Mineral Reserve categories totalled 5,507 kt of copper, 3,231 kt of zinc, 108 kt of nickel, 977 kt of lead and 6.8 Moz of gold. Commenting on the June 2019 Mineral Resource and Reserve estimates, Marie Inkster, President and CEO said, “Our exploration teams continue to deliver considerable value as is demonstrated by meaningful increases in the Mineral Resources and Reserves with this update. The acquisition of Chapada coupled with ongoing exploration success, particularly at Candelaria, has increased our total contained copper metal in Mineral Reserves by over 1,800 kt or 50% from our June 2018 estimates. Increases in Mineral Reserves in the Candelaria underground mines and Española open pit will underpin improvements to the copper production profile and support ongoing underground expansion studies. At Chapada, increased Mineral Reserves in the Sucupira and Baru NE deposits further our belief that the area has significant exploration potential which will support mine expansion studies. Delineation and extension drilling have been highly successful at Eagle East. This has resulted in an additional year of mine life at Eagle. At Zinkgruvan, exploration success in Dalby has resulted in a significant increase in the Indicated and Inferred Mineral Resource estimates, supporting mining studies currently underway.” | |
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