Hudbay Announces Significant New Discovery at its Copper World Properties Adjacent to Rosemont

March 29, 2021
TORONTO, March 29, 2021 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced the intersection of high-grade copper sulphide and oxide mineralization at shallow depth on its wholly-owned patented mining claims located within seven kilometres of its Rosemont copper project in Arizona. The drill program was initiated in 2020 to confirm historical drilling in this past-producing copper region formerly known as Helvetia. After receiving encouraging initial results, the company launched a larger drill program in early 2021 and has since doubled the number of drill rigs at site to six to further test the four known deposits at Copper World and the potential for additional mineralization.
Exploration near Rosemount includes the application of Deep Earth Imaging TITAN technology. A TITAN IP survey extended coverage to the north of Rosemount to guide the drilling campaign. Of note, the chargeability signature of Broad Top Butte Porphyry (shallow sub horizontal trend) also reveals two additional untested anomalies: West of the Backbone domain and east of the mineralised porphyry.
For more info see press release.
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