Lundin Mining Files Technical Report for Chapada Copper-Gold Mine

Toronto, October 10, 2019 /CNW/ - (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) is pleased to announce today that it has filed a NI43-101 Technical Report on the Chapada Mine, Goiás State, Brazil. The purpose of the Technical Report is to support the previous disclosure of Chapada Mineral Reserve and Mineral Resource estimates.

Lundin Mining is continuing to optimize the Chapada production schedule at the current 24.0 Mtpa throughput rate, on which this Technical Report is based, while actively advancing options for mine and plant expansion. In parallel, a significant increase in exploration efforts are underway, largely focused on near-mine targets, with results to be incorporated in any expansionary plans.

The Technical Report was prepared in accordance with the Canadian Securities Administrator’s National Instrument 43-101 - Standards of Disclosure for Mineral Projects, and is available for review under the Company’s profile on SEDAR (www.sedar.com) and on the Company’s website (www.lundinmining.com). 

The information in this release is subject to the disclosure requirements of Lundin Mining under the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below on October 10, 2019 at 6:00 pm Eastern Time. 

News release dated October 10, 2019

For further information, please contact:

Mark Turner, Director, Business Valuations and Investor Relations:  +1 416 342 5565
Brandon Throop, Manager, Investor Relations:  +1 416 342 5583
Robert Eriksson, Investor Relations Sweden:  +46 8 440 54 50

About Lundin Mining

Lundin Mining is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden and the United States of America, primarily producing copper, nickel and zinc. In addition, Lundin Mining holds an indirect 24% equity stake in the Freeport Cobalt Oy business, which includes a cobalt refinery located in Kokkola, Finland.