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Hochschild ups Inmaculada resource by 119%

Hochschild Mining (LSE:HOC) has boosted the inferred resource at its Inmaculada silver-gold project in Peru by 119% so far this year, pointing to an extension of the life of mine (LOM) to more than 10 years.

Hochschild ups Inmaculada resource by 119% Hochschild ups Inmaculada resource by 119% Hochschild ups Inmaculada resource by 119% Hochschild ups Inmaculada resource by 119% Hochschild ups Inmaculada resource by 119%

Hochschild has extended the life of mine at its Inmaculada project in Peru

The inferred mineral resource estimate now stands at 95 million ounces silver equivalent, or 1.3Moz gold equivalent.

Hochschild announced the LOM extension at its capital market day Wednesday and spoke to Mining Journal about what it meant for the asset and for the company.

CEO Ignacio Bustamante said Hochschild believed it was "definitely undervalued" compared to its peers, with the company performing "much better ...