Hudbay hits base, precious metals near its Lalor mine

TSX- and NYSE-listed Hudbay has discovered a depsoti with 35.6 m of high-grade mineralisation that has both zinc-rich massive sulphides and gold, between the old Chisel North mine and the producing Lalor mine, in Canada, both of which Hudbay owns.

At a downhole depth between 540 m and 576 m, the company intersected 35.6 m grading 5.21% zinc, 0.33% copper, 1.37 g/t gold and 15.7 g/t silver, including 4.6 m of 20.76% zinc and 6.2 m of 6.34 g/t gold.