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trevali mining corp (TV) Snapshot

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trevali mining corp (TV) Details

Trevali Mining Corporation, a development stage company, is engaged in the acquisition, exploration, and development of mineral properties in Peru and Canada. It primarily explores for zinc, lead, silver, copper, and gold. The company holds interests in the Santander zinc, lead, and silver property, which covers an area of approximately 4,455-hectares in the province of De Huaral Deparmento de Lima, Peru. It also owns interest in the Halfmile property that includes approximately 73 claims covering an area of 1,104 hectares located in Northern New Brunswick; the Caribou milling and mine complex located in the Bathurst Mining Camp of Northern New Brunswick; and the Stratmat property that includes 54 claims in the Stratmat 1613 claim group and covers an area of 828.6 hectares in Northumberland County, northeast New Brunswick, Canada. In addition, the company holds interest in the Ruttan copper-zinc massive sulphide deposit in Manitoba; and has an option to acquire the Huampar silver mine in Peru. It has a strategic partnership with Glencore International A.G. to develop, construct, and operate a mine at the Santander project. The company was formerly known as Trevali Resources Corp. and changed its name to Trevali Mining Corporation in April 2011. Trevali Mining Corporation is headquartered in Vancouver, Canada.

trevali mining corp (TV) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$325.0K
Chief Financial Officer
Total Annual Compensation: C$250.0K
Chief Operating Officer
Total Annual Compensation: C$258.5K
Vice President of Investor Relations & Corpor...
Total Annual Compensation: C$174.2K
Director of Geology
Total Annual Compensation: C$191.0K
Compensation as of Fiscal Year 2012.

trevali mining corp (TV) Key Developments

Trevali Mining Corporation Reports Preliminary Production Results for the First Quarter Ended March 31, 2014

Trevali Mining Corporation reported preliminary production results for the first quarter ended March 31, 2014, of approximately 14.6 million payable pounds of zinc, 5.4 million payable pounds of lead and 268,600 payable ounces of silver from the Santander Mine in Peru. Average recoveries for the inaugural commercial production quarter were 87% for zinc, 86% for lead and 74% for silver reflecting ongoing optimization and improvements over fourth quarter of 2013 mill performance. In first quarter of 2014, throughput at the 2,000-tonne-per-day-rated Santander processing complex was 173,820 tonnes, delivering a mill utilization factor of 99.8%. Average head grades of 4.76% Zn, 1.9% Pb and 1.97 oz/ton Ag were realized to produce approximately 15,640 tonnes of zinc concentrate and 4,510 tonnes of lead-silver concentrate. For the quarter, the company mined 156,030 tonnes and milled 173,820 tonnes.

Trevali Mining Corporation Auditor Raises 'Going Concern' Doubt

Trevali Mining Corporation filed its Annual on Mar 28, 2014 for the period ending Dec 31, 2013. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Trevali Mining Corporation Provides Update on Drilling Activities at its Stratmat Zinc-Lead-Silver-Copper-Gold Deposit in the Bathurst Mining Camp of New Brunswick, Canadax

Trevali Mining Corporation provided an update on drilling activities at its Stratmat Zinc-Lead-Silver-Copper-Gold Deposit in the Bathurst Mining Camp of New Brunswick, Canada. Initial holes from the current drill program have successfully intersected multiple high-grade massive sulphide lenses over significant downhole intervals. All lenses remain open for extension. The Stratmat deposit currently hosts a NI-43-101 inferred resource of 5.5 million tonnes grading 6.1% zinc, 2.6% lead, 0.4% copper, 54 g/t silver and 0.6 g/t gold. The approximately 30,000-metre resource definition drill program is designed to, aid in the re-interpretation of the historic geologic logging and modeling. Convert the currently defined resources from the inferred to indicated category. Collect sufficient geotechnical, environmental and metallurgical data to facilitate detailed permitting and mine planning studies regarding the potential of the Halfmile and Stratmat deposits to support a possible 4-5,000 tonne-per-day stand-alone milling operation (the Company cautions that any decision regarding the potential construction of a second milling facility is contingent on results and numerous variables including but not limited to commodity prices. There is presently insufficient data and studies to support such a decision at this point in time). Detailed interpretation of historic drill hole data combined with recent Trevali drilling has resulted in an improved understanding of the local geology and an enhanced 3-D interpretation of the mineral geometry. The current Phase II drill program is on-going and it is anticipated, based on results to date, to expand upon the current and historic results.


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