Here is the BTV link.-Tamer"Whatever happened to the 43-101 and the first of the year and theproduction by year end to relpace production from Trout Lake and ChiselNorth."
Straight from HBM's ceo. Is that sufficient to quell your concerns for now?
HudBay could see 2012 output from Reed Lake project
By: Liezel Hill
Published: 4th November 2010
TORONTO (miningweekly.com) - Canada's HudBayMinerals expects production could begin in 2012 from the Reed Lakeproject in Manitoba, CEO
David Garofalo said on Thursday.
HudBayowns 70% of the project, located on the Flin Flon Greenstone belt, andjunior VMS Ventures holds the balance. The company said on Wednesdayit expects to make a production decision early next year.
"Thedeposit is very near surface, it would be accessed by ramp and we don'tneed to build any surface infrastructure because we will be using theexisting capacity at our Flin Flon concentrator, which is a relativelyshort drive down the provincial highway," Garofalo said in aninterview.
The project will likely run at somewhere between 1 000 t/d and 2 000 t/d, he said earlier on a conference call.
HudBayis already working on the larger Lalor project in Manitoba, where itexpects production from an initial access ramp in 2012, building up tofull production from a new shaft in 2014.
The Toronto-basedcompany currently operates the the 777 mine, the Trout Lake mine, aconcentrator, copper smelter and zinc plant at Flin Flon, as well asthe Chisel North mine and a concentrator near Snow Lake, also inManitoba.
Both Chisel and Trout Lake are mature operations, andare nearing the end of their operating lives, so the firm is movingquickly to develop Lalor, where it has discovered zinc, copper and goldmineralisation.
The firm is also studying whether it makes moreeconomic sense to refurbish the existing concentrator at Snow Lake orto build a new concentrator at the Lalor mine site, and expects theresults of the assessment by the end of this year.
To see the full article, please visit:
https://www.miningweekly.com/print-version/hudbay-could-see-2012-output-from-reed-lake-project-2010-11-04