In their third quarter 2019 financial report Hudbay indicates ore mined at their Manitoba operations increased by four percent compared to the same quarter last year. The increase is due to high production value at both Triple Seven in Flin Flon and Lalor in Snow Lake partially offset by the closure of Reed Mine in August 2018. Interim President Peter Kukielski says exploration continues in the Snow Lake area. He explains they will have an updated reserve and resource statement from Snow Lake late in the first quarter which will incorporate the results from the infill drilling to update Lalor inferred resources and the exploration drilling at the Lalor in mine targets such as lens 17. He says the update reserve and resource statement will also include results from the ongoing work to upgrade WIM, Pen 2 and New Britannia zones to a reserve specification. Throughout 2020 he notes they will advance drilling and feasibility work on the 1901 deposit and they will continue to explore their large land package to provide potential additional feed to their Stall and New Britannia mills.
Kukielski adds the new Britannia mill refurbishment in Snow Lake is running on schedule for completion late in 2021.