Exploration Agreement Entered To Include Talbot Deposit

TORONTO - Hudbay Minerals Inc. reported on the agreement with Mosakahiken Cree Nation (MCN) in which exploration activities commence in their traditional and ancestral territory, including at Hudbay’s Talbot deposit south of Snow Lake, Manitoba.

“The signing of the Exploration Agreement with MCN marks a significant step towards economic reconciliation and a future built on respect and collaboration. I am very proud of the way in which we are working to build our relationship with MCN by creating alignment and transparency on our projects in the region,” said Rob Carter, Vice President of Hudbay. “We continue to deepen our relationship by investing in local talent through our successful Mining Fundamentals Program, which included three members from MCN in our 2025 graduating class who received full-time employment at our Lalor mine. Together, we will continue to create opportunities and ensure a sustainable future in the Snow Lake region for generations to come.”

“I am very excited to announce that Mosakahiken Cree Nation has signed an Exploration Agreement with Hudbay. This strategic partnership will see the creation of new jobs for our people, as well as unlock new economic development opportunities, leading to a brighter future for MCN. I look forward to continuing this journey with Hudbay as we work together on environmental monitoring, new training initiatives and continued employment,” said Chief Grey, Mosakahiken Cree Nation.