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Lundin Mining Files Vicuña Project Technical Report

VANCOUVER, BC, March 30, 2026 /CNW/ - Lundin Mining Corporation (TSX: LUN) (Nasdaq Stockholm: LUMI) ("Lundin Mining" or the "Company") announces that, further

articleLundin Mining CorporationMarch 30, 20264/company/lundin-mining-corporation/news/lundin-mining-files-vicuna-project-technical-report
Lundin Mining Files Vicuña Project Technical Report

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[{"type":"text","content":" VANCOUVER, BC, March 30, 2026  /CNW/ - Lundin Mining Corporation (TSX: LUN) (Nasdaq Stockholm: LUMI) (\"Lundin Mining\" or the \"Company\") announces that, further to its news release dated February 16, 2026, announcing the results of the Vicuña Integrated Technical Study (the \"PEA\" or \"Study\"), the Company has filed a technical report entitled \"Vicuña Project, Argentina and Chile NI 43-101 Technical Report on Preliminary Economic Assessment\" with an effective date of February 16, 2026 (the \"Technical Report\"). There are no material differences in the results reported in the Technical Report and those contained in the February 16, 2026 news release. A copy of the Technical Report can be found on the Company's website at www.lundinmining.com and on the Company's profile on SEDAR+ at www.sedarplus.ca. The Vicuña project (the \"Vicuña Project\" or \"Project\") is comprised of the Filo del Sol deposit and the Josemaria deposit and is held by Vicuña Corp. (\"Vicuña\"), a 50/50 joint arrangement between Lundin Mining and BHP. Unless otherwise indicated, all dollar amounts are stated in United States dollars (\"$\") and presented on a 100% basis. Study Highlights The Vicuña district is planned to be developed in a staged approach, with Stage 1 focused on the construction of a sulphide mill and the development of the Josemaría deposit, establishing an initial open-pit mine and concentrator specifically designed to allow for future expansion and deliver accelerated first production and early cash flow. Stage 2 builds on this foundation by developing the Filo del Sol leachable oxides and a corresponding SX/EW plant for copper, gold and silver recovery. Stage 3 represents the long-term maturation of the district through expansion of the concentrator and development of the Filo del Sol sulphide deposit, enabling peak, sustained production, positioning the Vicuña Project as a long-life, high-quality and large scale mining operation. Stage 3 also integrates key district infrastructure, including a desalination plant and associated pipeline, and return concentrate slurry pipeline, to support expansion of the district. Potential to be a top five copper, gold, and silver mine: Average annual production of 400,000 tonnes copper, 700,000 ounces (\"oz\") gold and 22 million ounces (\"Moz\") silver over the first 25 full years of opera...

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