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Lundin Mining reports 2011 reserve and resource estimate
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Saturday, 03 Sep 2011
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Lundin Mining Corporation reported its Mineral Reserve and Resource estimates as at June 30 2011.

Highlights include

1. Exploration programs have been successful in replacing mined depletion and adding to Mineral Resources and Reserves at all key mine operations.

2. At Lundin Mining 100% owned assets, contained copper and zinc in Measured and Indicated Mineral Resources, both increased by 4%.

3. At Tenke Fungurume as per our previously filed

4. Technical Report, Measured and Indicated Resources increased by 33% for copper and 19% for cobalt above the prior year estimates for which Lundin Mining attributable share through equity ownership is 24%.

Mr Paul Conibear CEO of Lundin Mining said "We are pleased that our overall resource base continues to grow, showing that our operations can consistently replace production through our successful exploration efforts. Going forward, we are aggressively increasing the size of our exploration programs to define new resources, as well as convert existing resources into reserves."

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