
In-Mine Mineral Reserves (January 1, 2008)
| Mines | Million Tonnes |
Au (g/t) |
Ag (g/t) |
Cu (%) |
Zn (%) |
|
| 777 | ||||||
| Proven | 4.465 |
2.4 |
25.7 |
3.1 |
4.0 |
|
| Probable | 11.224 |
2.2 |
29.9 |
2.1 |
5.0 |
|
| Trout Lake | ||||||
| Proven | 1.535 |
1.3 |
13.7 |
2.0 |
4.1 |
|
| Probable | .832 |
1.7 |
21.8 |
2.1 |
4.7 |
|
| Chisel North | ||||||
| Proven | .529 |
- |
- |
- |
9.3 |
|
| Probable | .879 |
- |
- |
- |
6.8 |
|
| Balmat | ||||||
| Proven | 1.000 |
- |
- |
- |
9.5 |
|
| Probable | .890 |
- |
- |
- |
10.8 |
|
| --------------------------------------------------------------------------------------------------------------------------- | ||||||
| Total Proven | 7.529 |
|||||
| Total Probable | 13.825 |
|||||
| Total In-Mine Reserves | 21.354 |
|||||
In-Mine Inferred Mineral Resources* (January 1, 2008)
| Mines | Million Tonnes |
Au (g/t) |
Ag (g/t) |
Cu (%) |
Zn (%) |
|
| 777 | 1.456 |
1.8 |
26.9 |
1.3 |
4.2 |
|
| Trout Lake | .300 |
0.8 |
4.0 |
2.3 |
0.7 |
|
| Chisel North | .272 |
- |
- |
- |
5.5 |
|
| Balmat | 1.442 |
- |
- |
- |
12.8 |
|
| --------------------------------------------------------------------------------------------------------------------------- | ||||||
| Total In-Mine Resources | 3.470 |
|||||
| * Diluted, recovered and economically tested. | ||||||
PRE-DEVELOPMENT PROPERTIES
Estimated Mineral Resources (January 1, 2008)
| Mines | Million Tonnes |
Au (g/t) |
Ag (g/t) |
Cu (%) |
Zn (%) |
Pb (%) |
|
| Tom | |||||||
| Indicated | 4.980 |
- |
47.8 |
- |
6.6 |
4.4 |
|
| Inferred |
13.550 |
- |
31.8 |
- |
6.7 |
3.1 |
|
| Jason | |||||||
| Indicated | 1.460 |
- |
86.7 |
- |
5.3 |
7.4 |
|
| Inferred |
11.000 |
- |
36.4 |
- |
6.8 |
4.0 |
|
| Watts River | |||||||
| Indicated | - |
- |
- |
- |
- |
- |
|
| Inferred |
6.623 |
0.7 |
25.6 |
1.9 |
2.6 |
- |
|
| Bur | |||||||
| Indicated | 1.050 |
0.1 |
12.1 |
1.9 |
8.6 |
- |
|
| Inferred |
.302 |
0.1 |
9.6 |
1.4 |
9.0 |
- |
|
| --------------------------------------------------------------------------------------------------------------------------- | |||||||
| Total Indicated | 7.490 |
||||||
| Total Inferred | 31.475 |
||||||
For further details, please see news release dated February 12, 2008 announcing HudBay’s 2007 Mineral Reserves and Mineral Resources.