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Lundin Mining Corp – ‘40FR12B’ on 10/16/06 – ‘EX-99.57’

On:  Monday, 10/16/06, at 11:20am ET   ·   Accession #:  1204459-6-902   ·   File #:  1-33086

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

10/16/06  Lundin Mining Corp                40FR12B               97:20M                                    Newsfile Cor… Toronto/FA

Registration of Securities of a Canadian Issuer — SEA’34 §12(b)   —   Form 40-F
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 40FR12B     Registration of Securities of a Canadian Issuer --  HTML    103K 
                          SEA'34 §12(b)                                          
 2: EX-23.1     Consent of Experts or Counsel                       HTML     22K 
11: EX-23.10    Consent of Experts or Counsel                       HTML     22K 
 3: EX-23.2     Consent of Experts or Counsel                       HTML     22K 
 4: EX-23.3     Consent of Experts or Counsel                       HTML     24K 
 5: EX-23.4     Consent of Experts or Counsel                       HTML     24K 
 6: EX-23.5     Consent of Experts or Counsel                       HTML     24K 
 7: EX-23.6     Consent of Experts or Counsel                       HTML     24K 
 8: EX-23.7     Consent of Experts or Counsel                       HTML     22K 
 9: EX-23.8     Consent of Experts or Counsel                       HTML     22K 
10: EX-23.9     Consent of Experts or Counsel                       HTML     22K 
12: EX-99.1     Miscellaneous Exhibit                               HTML     85K 
21: EX-99.10    Miscellaneous Exhibit                               HTML     23K 
22: EX-99.11    Miscellaneous Exhibit                               HTML     28K 
23: EX-99.12    Miscellaneous Exhibit                               HTML     84K 
24: EX-99.13    Miscellaneous Exhibit                               HTML     25K 
25: EX-99.14    Miscellaneous Exhibit                               HTML     32K 
26: EX-99.15    Miscellaneous Exhibit                               HTML     26K 
27: EX-99.16    Miscellaneous Exhibit                               HTML    169K 
28: EX-99.17    Miscellaneous Exhibit                               HTML     24K 
29: EX-99.18    Miscellaneous Exhibit                               HTML    212K 
30: EX-99.19    Miscellaneous Exhibit                               HTML    543K 
13: EX-99.2     Miscellaneous Exhibit                               HTML    169K 
31: EX-99.20    Miscellaneous Exhibit                               HTML     24K 
32: EX-99.21    Miscellaneous Exhibit                               HTML    190K 
33: EX-99.22    Miscellaneous Exhibit                               HTML     37K 
34: EX-99.23    Miscellaneous Exhibit                               HTML    304K 
35: EX-99.24    Miscellaneous Exhibit                               HTML     25K 
36: EX-99.25    Miscellaneous Exhibit                               HTML     24K 
37: EX-99.26    Miscellaneous Exhibit                               HTML     33K 
38: EX-99.27    Miscellaneous Exhibit                               HTML     25K 
39: EX-99.28    Miscellaneous Exhibit                               HTML    535K 
40: EX-99.29    Miscellaneous Exhibit                               HTML     35K 
14: EX-99.3     Miscellaneous Exhibit                               HTML     25K 
41: EX-99.30    Miscellaneous Exhibit                               HTML    384K 
42: EX-99.31    Miscellaneous Exhibit                               HTML    209K 
43: EX-99.32    Miscellaneous Exhibit                               HTML     22K 
44: EX-99.33    Miscellaneous Exhibit                               HTML     26K 
45: EX-99.34    Miscellaneous Exhibit                               HTML     24K 
46: EX-99.35    Miscellaneous Exhibit                               HTML     22K 
47: EX-99.36    Miscellaneous Exhibit                               HTML     26K 
48: EX-99.37    Miscellaneous Exhibit                               HTML    212K 
49: EX-99.38    Miscellaneous Exhibit                               HTML     52K 
50: EX-99.39    Miscellaneous Exhibit                               HTML     25K 
15: EX-99.4     Miscellaneous Exhibit                               HTML     39K 
51: EX-99.40    Miscellaneous Exhibit                               HTML    551K 
52: EX-99.41    Miscellaneous Exhibit                               HTML     25K 
53: EX-99.42    Miscellaneous Exhibit                               HTML     33K 
54: EX-99.43    Miscellaneous Exhibit                               HTML     24K 
55: EX-99.44    Miscellaneous Exhibit                               HTML     25K 
56: EX-99.45    Miscellaneous Exhibit                               HTML     25K 
57: EX-99.46    Miscellaneous Exhibit                               HTML     25K 
58: EX-99.47    Miscellaneous Exhibit                               HTML     28K 
59: EX-99.48    Miscellaneous Exhibit                               HTML     25K 
60: EX-99.49    Miscellaneous Exhibit                               HTML     26K 
16: EX-99.5     Miscellaneous Exhibit                               HTML     31K 
61: EX-99.50    Miscellaneous Exhibit                               HTML    244K 
62: EX-99.51    Miscellaneous Exhibit                               HTML    269K 
63: EX-99.52    Miscellaneous Exhibit                               HTML     44K 
64: EX-99.53    Miscellaneous Exhibit                               HTML     24K 
65: EX-99.54    Miscellaneous Exhibit                               HTML     25K 
66: EX-99.55    Miscellaneous Exhibit                               HTML    105K 
67: EX-99.56    Miscellaneous Exhibit                               HTML    415K 
68: EX-99.57    Miscellaneous Exhibit                               HTML     52K 
69: EX-99.58    Miscellaneous Exhibit                               HTML     38K 
70: EX-99.59    Miscellaneous Exhibit                               HTML    260K 
17: EX-99.6     Miscellaneous Exhibit                               HTML     26K 
71: EX-99.60    Miscellaneous Exhibit                               HTML    112K 
72: EX-99.61    Miscellaneous Exhibit                               HTML    169K 
73: EX-99.62    Miscellaneous Exhibit                               HTML     24K 
74: EX-99.63    Miscellaneous Exhibit                               HTML     24K 
75: EX-99.64    Miscellaneous Exhibit                               HTML    240K 
76: EX-99.65    Miscellaneous Exhibit                               HTML    513K 
77: EX-99.66    Miscellaneous Exhibit                               HTML     25K 
78: EX-99.67    Miscellaneous Exhibit                               HTML     30K 
79: EX-99.68    Miscellaneous Exhibit                               HTML     33K 
80: EX-99.69    Miscellaneous Exhibit                               HTML     39K 
18: EX-99.7     Miscellaneous Exhibit                               HTML    168K 
81: EX-99.70    Miscellaneous Exhibit                               HTML    479K 
82: EX-99.71    Miscellaneous Exhibit                               HTML    344K 
83: EX-99.72    Miscellaneous Exhibit                               HTML     25K 
84: EX-99.73    Miscellaneous Exhibit                               HTML     42K 
85: EX-99.74    Miscellaneous Exhibit                               HTML     48K 
86: EX-99.75    Miscellaneous Exhibit                               HTML     27K 
87: EX-99.76    Miscellaneous Exhibit                               HTML    707K 
88: EX-99.77    Miscellaneous Exhibit                               HTML     21K 
89: EX-99.78    Miscellaneous Exhibit                               HTML     23K 
90: EX-99.79    Miscellaneous Exhibit                               HTML     23K 
19: EX-99.8     Miscellaneous Exhibit                               HTML     30K 
91: EX-99.80    Miscellaneous Exhibit                               HTML     24K 
92: EX-99.81    Miscellaneous Exhibit                               HTML     28K 
93: EX-99.82    Miscellaneous Exhibit                               HTML     41K 
94: EX-99.83    Miscellaneous Exhibit                               HTML     37K 
95: EX-99.84    Miscellaneous Exhibit                               HTML     23K 
96: EX-99.85    Miscellaneous Exhibit                               HTML     24K 
97: EX-99.86    Miscellaneous Exhibit                               HTML     32K 
20: EX-99.9     Miscellaneous Exhibit                               HTML   1.05M 


EX-99.57   —   Miscellaneous Exhibit


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  Lundin Mining Corporation: Exhibit 99.57 - Prepared by TNT Filings Inc.  

2101 - 885 West Georgia Street Hovslagargatan 5

Vancouver, B.C. Canada V6C 3E8 SE-111 48 Stockholm, Sweden
Tel: +1 604 689 78 42 Tel: +46 8 545 074 70
Fax: +1 604 689 42 50 Fax: +46 8 545 074 71

NEWS RELEASE

Lundin Mining Reports on updated Mineral Reserves and Mineral Resources for the Zinkgruvan, Galmoy and Storliden Mines and on the Zinkgruvan Exploration Proposal

March 31, 2006 - Lundin Mining Corporation ("Lundin Mining" or the "Company") (TSX: LUN; O-list at Stockholmsbörsen: LUMI) is pleased to announce that it has received updated Mineral Reserve and Mineral Resource estimates for the Zinkgruvan Mine, located in southern Sweden, the Galmoy Mine, located in County Kilkenny, Ireland, and the Storliden Mine located in the Skellefte District, northern Sweden.

Zinkgruvan

As of December 31, 2005, the Proven and Probable Mineral Reserves at the Zinkgruvan Mine were 8.161 million tonnes grading 9.7% zinc, 4.7% lead and 98 grams per tonne silver. The Mineral Reserves, which are reported in addition to Mineral Resources, were estimated by the Zinkgruvan Mine staff in accordance with the requirements of the Canadian Securities Administrators' National Instrument 43-101 ("NI 43-101") and the Council of the Canadian Institute of Mining, Metallurgy and Petroleum definitions ("CIM standards"). The estimates were audited by Watts, Griffis and McOuat Limited of Toronto, Canada, in accordance with the provisions of NI 43-101 and the CIM standards.

 
The Zinkgruvan Mine Tonnes Zinc Lead Silver
  (000s) (%) (%) (g/t)
Mineral Reserves (1)        

Proven

6,267 9.8 5.3 111

Probable

1,894 9.2 2.5 57

Total

8,161 9.7 4.7 98
         
The Zinkgruvan Mine Tonnes Zinc Lead Silver
  (000s) (%) (%) (g/t)
Mineral Resources (1)

Measured

611 6.7 1.0 25

Indicated

1,236
9.2 3.3 86

Total Measured and Indicated

1,847 8.4 2.5 66
         

Total Inferred

8,463 10.5 4.4 105
         
The Zinkgruvan Mine Tonnes Zinc Copper Silver
Copper zone (000s) (%) (%) (g/t)
Mineral Resources (2)        

Indicated

2,800 0.5 2.9 32

Inferred

890 0.2 3.1 28

(1)  Zinkgruvan zinc/lead Mineral Reserves and Mineral Resources are estimated using a 250 SEK Net Smelter Return ("NSR") cut-off and minimum mining width of 3.0m. The metal prices used are US$992/t for Zn, US$661/t for Pb, US$5.50/oz for Ag and the assumed exchange rate is 8.00 SEK/US$.

(2)   Zinkgruvan copper Mineral Resources are estimated using a 2% copper cut-off.

The Qualified Persons responsible for the audit of the Zinkgruvan Mineral Reserve and Resource estimates were John Sullivan, P. Geo., Senior Geologist and Stephen Cheeseman, P. Geo., Senior Associate Geologist.

Galmoy

As of December 31, 2005, the Proven and Probable Mineral Reserves at the Galmoy Mine were 3.553 million tonnes grading 14.7% zinc, 4.1% lead and 26 grams per tonne silver. The Mineral Reserves , which are reported in addition to Mineral Resources, were estimated by the Galmoy Mine staff according to the standards and definitions incorporated in the Code for Reporting Mineral Exploration Results, Mineral Resources and Mineral Reserves ("IMM Reporting Code"), and were audited by Watts, Griffis and McOuat Limited in accordance with the requirements of NI 43-101 and restated to comply with the CIM standards.


Lundin Mining Corporation
News Release
Page 2

 

The Galmoy Mine Tonnes Zinc Lead Silver
  (000s) (%) (%) (g/t)
Mineral Reserves (3)        

Proven

2,892 15.9 4.6 31

Probable

660 9.6 2.0 5

Total

3,553 14.7 4.1 26
         
The Galmoy Mine Tonnes Zinc Lead Silver
  (000s) (%) (%) (g/t)
Mineral Resources (4)        

Measured

1,071 11.8 2.5 63.4

Indicated

536 9.0 1.6 2.3

Total Measured and Indicated

1,607 10.9 2.2 43.0

(3)     Galmoy Mineral Reserves are estimated using a 6.0% zinc equivalent ("ZnEq") cut-off. ZnEq = % Zn + ½ % Pb.

(4)     Galmoy Mineral Resources are estimated using a 4.5% ZnEq cut-off and 3.7m minimum mining thickness.

The Qualified Persons responsible for the audit and restatement of the Galmoy Mineral Reserve and Resource estimates were John Sullivan, P. Geo., Senior Geologist and Stephen Cheeseman, P. Geo., Senior Associate Geologist.

Storliden

As of December 31, 2005, the Proven and Probable Mineral Reserves at the Storliden Mine were 0.527 million tonnes grading 8.5% zinc, 3.1% copper, 0.3 grams per tonne gold and 24 grams per tonne silver. The Mineral Reserves are reported separate from an additional 0.323 million tonnes of Measured and Indicated Mineral Resource of which 0.255 million tonnes is inaccessible being material predominately in pillars or beneath. The estimates have been prepared in accordance with the requirements of NI 43-101 and comply with the CIM standards.

The Storliden Mine Tonnes Zinc Copper Gold Silver
  (000s) (%) (%) (g/t) (g/t)
Mineral Reserves (5)          

Proven

405 9.7 3.4 0.3 26

Probable

122 4.4 2.1 0.2 21

Total

527 8.5 3.1 0.3 24
           
The Storliden Mine Tonnes Zinc Copper Gold Silver
  (000s) (%) (%) (g/t) (g/t)
Mineral Resources (6)          

Measured

222 4.4 2.5 0.4 31

Indicated

101 3.5 2.2 0.5 33

Total Measured and Indicated

323 4.1 2.4 0.4 32

Total Inferred

26 2.0 2.3 0.6 45

(5)    Storlide n Mineral Reserves are estimated using a 400 SEK NSR cut-off. The metal prices used are US$ 1,653/t for Zn, US$ 3,857/t for Cu, US$ 450/oz for Au and US$ 7.00/oz for Ag and the assumed exchange rate is 7.00 SEK/US$.

(6)    Storliden Mineral Resources are estimated using a 150 SEK NSR block cut-off.

The Qualified Person responsible for these estimates is Mr. Adam Wheeler, C.Ing, Eur,Ing, MIMM, an independent consultant. The work has been completed with assistance from both NAN and Boliden technical personnel. This work also included visits to the mine itself. For the development of the Life of Mine Study used in the estimation of Mineral Reserves, Adam Wheeler was also assisted by Dr R. Dowdell (C.Eng, MIMM), an independent mining consultant based in Cornwall, England.

Readers should refer to the following technical reports, each of which is available for review on the SEDAR website located at http://www.sedar.com under the Company's profile, for additional disclosure relating to the key assumptions, parameters and methods used to estimate the Mineral Resources and Mineral Reserves and for a general discussion of the extent to which the estimate of Mineral Resources or Mineral Reserves may be materially affected by any known environmental, permitting, legal, title or other relevant issues:


Lundin Mining Corporation
News Release
Page 3

Zinkgruvan - Exploration Proposal

A multi-year, integrated in-mine and near-mine exploration programme has begun with the objective of finding and developing new Mineral Reserves to further extend the mine life of this core asset. Starting this year, a special exploration team, comprised of exploration and mine staff and consultants, will use the most advanced geological models and exploration tools available to locate new zones that can be developed from existing mine infrastructure. Potential for new discoveries is considered excellent. This new target development work is in addition to the ongoing mine exploration programme that includes the development of two underground exploration drifts from which, compared to previous years, an increased amount of drilling will take place this year to define Mineral Resources and Mineral Reserves .

ON BEHALF OF THE BOARD
"Karl-Axel Waplan"
President and CEO

For further information, please contact:
Sophia Shane, Investor Relations - North America: +1-604-689-7842
 Robert Eriksson, Investor Relations - Europe: +46-8-545 074 70
or
Karl-Axel Waplan, President and CEO : +46-8-545 074 70

Lundin Mining is a Canadian mining and exploration company with a global focus in base metals. The main assets of the company are the Zinkgruvan zinc/lead/silver mine, located about 200 kilometres southwest of Stockholm, Sweden and the Galmoy zinc/lead mine in Ireland. The Zinkgruvan mine has been producing zinc, lead and silver on a continuous basis since 1857 and has consistently ranked in the lowest cost quartile among zinc mines in the world. Approximately 720,000 tonnes of ore per year are mined and treated at Galmoy, resulting in production of about 80,000 tonnes of zinc in concentrates, 20,000 tonnes of lead in concentrates and a significant amount of silver. Lundin Mining also owns the Storliden zinc/copper mine in the Skellefte District of northern Sweden. In addition to the three mines , Lundin Mining holds exploration permits covering substantial areas in Sweden as well as in Ireland. Lundin Mining also holds about 19.9% of the outstanding shares of Union Resources - which controls 38% of the world-class zinc/lead deposit, Mehdiabad, in central Iran.



Dates Referenced Herein   and   Documents Incorporated by Reference

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3/31/06
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