Investor Presentaiton
Lalor Mine
PRODUCING LOW COST MINE WITH
ZINC & GOLD UPSIDE POTENTIAL
• Production shaft with capacity of 6,000tpd
Stall mill currently processing ~3,000tpd of
base metal Zn-rich ore
• New Britannia mill, acquired in 2015, has
potential to process up to 1,500tpd of Au zone
and Cu-Au zone ore at higher recoveries
• New study expected in Q1 2017:
1) potentially higher throughput of base metal ore
through Stall mill
2) construction of a new paste backfill plant
3) potential to process Au zone material at the New
Britannia mill after refurbishment
Ownership
Daily ore throughput
Annual Zn production³
HUDBAY
20161
AVG. LOM²
100%
2,985 tpd
3,300 tpd
71kt
67kt
Annual Au-Eq. production³
Annual Cu production³
Unit operating cost4
51koz
48koz
6kt
6kt
C$102/t
C$70/t
14 years
Mine life5
Source: Hudbay company disclosure
1. Full year ended December 31, 2016.
2. LOM = Life of Mine. As per NI 43-101 Pre-Feasibility Study Technical Report on Lalor Deposit dated March 29,
2012. LOM average based on years 2017 to 2027.
3. Production is contained metal in concentrate; silver converted to gold at a rate of 70:1.
4. Combined mine, mill and G&A unit operating costs per tonne of ore processed. 2016 combined unit operating cost
guidance for the entire Manitoba Business Unit is C$80-100/tonne.
5. Mine life as of January 1, 2017.
LALOR MINE SITE
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