Hudbay has announced the discovery of 35.6 meters of high grade mineralization including both zinc rich massive sulphides and gold.

The deposit is located between the old Chisel North Mine and the producing Lalor Mine at a down hole depth of between 540 and 576 meters and includes 4.6 meters of 20.76 percent zinc and 6.2 meters of 6.34 grams per tonne gold.

Hudbay President Alan Hair says these zinc rich and gold rich intersections highlight the ever prospective nature of the Flin Flon greenstone belt and demonstrate the value of their Manitoba assets. 

Two drills will continue to operate in the immediate vicinity of this initial discovery in order to confirm the continuity of the mineralization and depending in its success they expect to develop an exploration drift off the ramp from Chisel North to the Lalor mine in order to drill this new discovery from an underground platform.