Hudbay is on the cusp of an exciting new growth phase in Canada, the latest chapter in close to 100 years of history.
Our Canadian business can trace its history back almost a century, to our first mines in Manitoba’s Flin Flon Snow Lake Greenstone Belt. It was there we laid the foundation for the mine-building expertise and community engagement that distinguish Hudbay to this day. Our operational focus in Canada is shifting to Manitoba’s Snow Lake region as our reserves, processing capacity and exploration activities expand in the region, setting the stage for a new phase of growth.
Our Lalor mine (gold, zinc, copper, silver) in Snow Lake is a meaningful low-cost gold producer that substantially benefited from the refurbishment of the New Britannia mill in 2021. Hudbay has been actively conducting surface and underground drilling activities in the Snow Lake area, primarily focused on the copper-gold rich feeder zone at the 1901 deposit, the drilling gap between 1901 and lens 17 at Lalor, and a high-priority geophysical target located immediately north of Lalor. In addition, the company continues to compile results from ongoing infill drilling programs at Lalor and 1901.