With this update, Lundin has effectively replaced all reserves mined (1.38 million ounces) from the beginning of operations in late 2019 while adding additional reserves (1.58 million ounces).
The Australian miner says its project, on the Nevada-Oregon border, has overtaken Lithium America’s Thacker pass by contained lithium in mineral resource.
A handful of Arizona-focused copper juniors are making progress delineating resources and fine-tuning potential development plans towards feeding an independent, western supply chain.
The initial life of mine is 26 years, during which Vizcachitas is expected to produce 8.8 billion lb. copper, 273.3 million lb. molybdenum and 32.7 million oz. silver.