Local News

Hudbay will spend more to explore near existing properties

Hudbay has released its plans for exploration for this year and they have budgeted exploration expenditures of 20.4 million dollars which is almost entirely devoted to brownfield opportunities near the company’s existing deposits.  A key component of this will be the development of the 955 to 1025 meter level exploration drift at Lalor near Snow Lake during the second half of this year which is expected to enable tighter spaced drilling to upgrade known inferred resources and to test the down plunge exploration potential of the gold and copper-gold zones.  Underground exploration drilling at Triple Seven in Flin Flon will also continue with the objective of extending the mine life beyond 2021.

             

In Peru Hudbay expects to continue exploration activities at its property near the Constancia deposit.


 

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