Investor Presentaiton
Manitoba Mineral Resources
AS AT SEPTEMBER 30, 2015
HUDBAY
PROPERTY
CATEGORY
TONNES
Cu (%)
Zn (%) Au (g/t)
Ag (g/t)
Indicated
728,000
0.99
3.51
1.83
26.28
7771
Inferred
683,000
1.02
4.71
1.76
32.63
Reed²
Inferred
203,000
4.63
0.39
0.81
7.71
Indicated
728,000
0.99
3.51
1.83
26.28
Total Flin Flon
Inferred
886,000
1.85
3.72
1.54
26.92
Lalor - Base Metal
Inferred
3,300,000
1.35
6.06
2.87
26.59
Measured³
56,000
0.17
0.50
4.52
18.49
Lalor - Gold Zone
Indicated³
1,097,000
0.39
0.43
4.24
31.29
Inferred4
3,522,000
0.35
0.20
5.47
33.48
Measured & Indicated
1,153,000
0.38
0.43
4.25
30.67
Total Snow Lake
Inferred
6,822,000
0.83
3.03
4.21
30.15
Measured & Indicated
1,881,000
0.61
1.63
3.31
28.97
Total Manitoba
Inferred
7,708,000
0.95
3.11
3.91
29.87
Includes 777 North.
Stated at 100%, Hudbay holds a 70% joint venture interest in the Reed mine.
Gold resources not in contact with base metal zone and are anticipated to be mined and milled separately from base metal ore.
Includes gold resources in contact and not in contact with base metal zones.
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