LUN Lundin Mining Corporation ("Lundin Mining" or the "Company") continues its monitoring and technical analysis to identify the factors that led to the formation of a sinkhole near the Alcaparrosa mine at the Company's Minera Ojos del Salado operation in Chile on July 30, 2022.
In support of the ongoing investigation, work continues with Chile's National Service of Geology and Mining ("Sernageomin") to collect and analyze geophysical, geotechnical and hydrogeological data. For this purpose, the Company has mobilized resources such as sophisticated technology and experts to guide this investigative process.
The Company is providing regular updates to community members, union representatives and other stakeholders, and has expressed its full willingness to collaborate with investigative proceedings initiated by the national environmental regulator, Superintendencia del Medio Ambiente ("SMA"), the Atacama Local Prosecutor's Office ("PDI") and an inter-ministerial working table to be formed, as announced by the Minister of Mining.
Mining operations at the Alcaparrosa mine remain suspended, and the status of the sinkhole has not changed materially since detection. Further information will be provided as events warrant, including following the outcome of investigation into the cause.