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Last C$0.84 CAD
Change Today 0.00 / 0.00%
Volume 428.6K
As of 3:54 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

trevali mining corp (TV) Snapshot

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08/6/14 - C$1.41
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trevali mining corp (TV) Details

Trevali Mining Corporation, a natural resource company, engages in the acquisition, exploration, and development of mineral properties in Peru and Canada. It primarily explores for zinc, lead, silver, copper, and gold deposits. The company holds interests in the Santander zinc, lead, and silver property, which covers an area of approximately 4,454.7 hectares in the province of De Huaral Deparmento de Lima, Peru; Caribou property covering an area of approximately 3,105.7 hectares located in the province of New Brunswick; and Halfmile Lake property that covers an area of approximately 1104.8 hectares, as well as Stratmat property covering an area of approximately 828.6 hectares located in Northumberland County of northeast New Brunswick, Canada. It also owns interest in the Ruttan copper-zinc massive sulphide deposit covering an area of approximately 1,994 hectares located in Manitoba; and has an option to acquire the Huampar silver mine in Peru. The company was formerly known as Trevali Resources Corp. and changed its name to Trevali Mining Corporation in April 2011. Trevali Mining Corporation was incorporated in 1964 and is headquartered in Vancouver, Canada.

50 Employees
Last Reported Date: 03/31/15
Founded in 1964

trevali mining corp (TV) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$353.0K
Chief Financial Officer
Total Annual Compensation: C$250.0K
Chief Operating Officer
Total Annual Compensation: C$300.0K
Vice President of Investor Relations & Corpor...
Total Annual Compensation: C$200.0K
Vice President of Human Resources
Total Annual Compensation: C$220.0K
Compensation as of Fiscal Year 2014.

trevali mining corp (TV) Key Developments

Trevali Mining Corporation Reports Preliminary Production Results for Its Second Quarter and Six Months Ended June 30, 2015

Trevali Mining Corporation reported preliminary production results for its second quarter and six months ended June 30, 2015. For the quarter, the company reported approximately 13.7 million payable pounds of zinc, 8.7 million payable pounds of lead and 290,225 payable ounces of silver from the Santander Mine in Peru. Recoveries at Santander averaged 90% for zinc, 88% for lead and 78% for silver. Mill throughput for the quarter was 190,497 tonnes. Average second quarter head grades were 4.27% Zn, 2.47% Pb and 1.85 oz/ton Ag with production of 14,706 tonnes of zinc concentrate averaging 50% Zn and 7,080 tonnes of lead-silver concentrate averaging 59% Pb and 39.2 oz/ton Ag for the quarter. For the six months, recoveries at Santander averaged 90% for zinc, 89% for lead and 79% for silver. Mill throughput for the quarter was 375,862 tonnes. Average head grades were 4.15% Zn, 2.30% Pb and 1.75 oz/ton Ag with production of 28,136 tonnes of zinc concentrate averaging 50% Zn and 13,005 tonnes of lead-silver concentrate averaging 59% Pb and 40.09 oz/ton Ag for the period.

Trevali Mining Corporation Provides Mine and Mill Commissioning Update for its Caribou Zinc Mine in Bathurst Mining Camp of Northern New Brunswick

Trevali Mining Corporation provided a mine and mill commissioning update for its Caribou Zinc Mine in the Bathurst Mining Camp of northern New Brunswick. The company reported that significant progress has been achieved since announcing the commencement of mill commissioning in late-May. As expected a multitude of minor troubleshooting challenges have been identified and corrected during the initial June commissioning period by the experienced mill team. These positive changes have resulted in an approximately 94% mill availability factor by month end at a 1,500-tonne-per-day capacity, or 50% of nameplate design. Based on progress to date it is expected that mill throughput will continue to ramp-up throughout the summer months as the plant team increases its familiarity with the mineralized mill feed and reagent characteristics. UG is currently mining at approximately 1,500-tonnes-per-day and continues to build a significant surface stockpile of mineralized material for mill commissioning. Production will continue to ramp-up over the summer with additional mining fleet scheduled to arrive during this period. The surface stockpile is essentially at capacity with an approximate 110,000-tonne stockpile of mineralized material on the Coarse Mill-Feed Stockpile. Dewatering is ongoing and making significant progress following the Spring melt. Approximately 78 vertical metres of the mine remains to be dewatered, which at current rates will occur in August.

Trevali Mining Corporation Announces Mill Commissioning at its Caribou Zinc Mine

Trevali Mining Corporation announced that mill commissioning at its 3,000-tonne-per-day Caribou Zinc Mine in the Bathurst Mining Camp of northern New Brunswick has commenced following the recent successful initiation of underground mining. All key mill circuits: Crushing ­ Grinding ­ Flotation ­ Concentrate Filters ­ Metallurgical & Geochemical Laboratories and Concentrate Handling have been either fully replaced, refurbished or repaired where necessary and are available for commissioning by Trevali's Plant team. In order to ensure sufficient feed is available for commissioning, mining has produced an approximately 75,000-tonne surface mineralized mill-feed stockpile from underground development and production stopes with an additional 28,000 tonnes of mill-feed drilled and readily available for blast and mucking through the new ramp system. Underground refurbishment, development and mining has been going exceptionally well year-to-date. There is presently 7.3 kilometres, within a total 13.3 kilometres of underground development, in 10 of 16 levels and sub-levels fully refurbished and available for production operations. In addition 619 metres of waste development, including a new 422-metre ramp to surface stockpile connection (the 2560 Portal) and 278 metres of development in sulphides has been completed since late February. Production stopes mined to date produced 33,000 tonnes at grades of 5.87% Zn, 2.27% Pb and 65.5 g/t Ag versus a block-modeled 33,000 tonnes at 5.88% Zn, 2.31% Pb and 55.7 g/t Ag. Production stope dilution to date is 7% with a 93% stope recovery versus planned 16% dilution and 94% recovery providing a high degree of confidence for mineral continuity in the deeper, as yet undeveloped levels, in the current mine plan and beyond. Regardless, the company is currently tendering an approximately 10,000-metre predominantly UG drill campaign to provide additional detail for mine planning purposes that will commence later in 2015 and continue into H1 of 2016. The Caribou deposit remains open for expansion as evidenced by the recent intersection of 50.9 metres of massive sulphide mineralization grading 5.08% Zn, 1.76% Pb, 0.37% Cu, 59.66 g/t Ag and 1.63 g/t Au in drill hole BR-1014A approximately 200 metres from the currently defined deposit TV-NR-15-07 April 16, 2015.


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