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.
Lundin Mining (TSX:LUN) has today (September 7) reported its Mineral Resource and Reserve estimates as at June 30, 2018.
According to the release, 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.
President and CEO of Lundin, Paul Conibear said:
“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.”