New Copper-Gold Intersections at Lalor

 

TORONTO, ON - HudBay Minerals Inc. reported major new copper and gold drill hole intersections at its 100% owned Lalor deposit near its Snow Lake concentrator in the Flin Flon Greenstone Belt.

Recent drill holes intersected what is believed to be a new zone of significant copper-gold rich mineralization that is lower in the stratigraphy than the previously announced zinc rich Base Metal zone and Separate and Contact Gold zones. At Lalor, HudBay has now identified a zinc rich Base Metal zone and most recently a new Copper-Gold zone.

Recently, drill hole DUB263W02 intersected the new Copper-Gold zone, and assayed 13.35 g/t Au, 27.98 g/t Ag, 5.33% Cu and 0.35% Zn over 34.54 meters from 1253.08 to 1287.62 meters.

Notable results were also intersected in drill hole DUB252W01, which are believed to correlate with the new Copper-Gold zone and which assayed 12.54 g/t Au, 26.67 g/t Ag, 3.69% Cu, and 0.18% Zn over 9.12 meters from 1140.00 to 1149.12 meters and 8.08 g/t Au, 15.33 g/t Ag, 1.60 % Cu, and 0.12% Zn over 13.39 meters from 1176.00 to 1189.39 meters.

The company’s address is 1 Adelaide Street East, Suite 2501, Toronto, ON M5C 2V9, 416-362-8181, 416-362-7844, email: [email protected].