Lead Company News Directory

Trevali Mining Reports Preliminary Q2 Production Results From Santander Mine

Trevali Mining Corporation (TSX:TV,BVL:TV,OTCQX:TREVF,FWB:4TI) announced preliminary production results for the second quarter of 2014 of roughly 12 million payable pounds of zinc, 4.4 million payable pounds of lead and 187,000 payable ounces of silver from its Santander Mine located in Peru. Trevali also reported that it remains well on track for its 2014 Santander production guidance, which is estimated at approximately 670,000 to 690,000 tonnes of mill throughput.

Trevali Mining Sells Non-core Asset for $13.5 million

Trevali Mining Corporation (TSX:TV,BVL:TV,OTCQX:TREVF,FWB:4TI) has closed an agreement to sell its 100 percent owned Tingo run-of-river hydroelectric station in Peru to Volcan Compañía Minera S.A. for US$13.5 million. Through this agreement, Trevali has strengthened its balance sheet, monetizing Tingo, a non-producing, non-core asset towards its main business of mine development and metal production.

Trevali Mining Announces Update on Zinc-Lead-Silver Mine Construction, AGM Results

Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,LMA:TV,FWB:4TI) gave an update on construction activities at its wholly-owned Caribou mine and mill complex located in the Bathurst Mining Camp of northeastern New Brunswick, Canada. Additionally, Trevali reported on results of voting from its 2014 annual and special meeting of shareholders held June 24, 2014 in Vancouver, BC.

Trevali Mining Gives Drilling Update For Stratmat Deposit

Trevali Mining Corporation (TSX:TV,BVL:TV,OTCQX:TREVF,FWB:4TI) provided an update regarding drilling activities at the Stratmat Zinc-Lead-Silver Deposit in the Bathurst Mining Camp of New Brunswick, Canada. Highlights from the drill results included 4.2 metres of 10.13 percent zinc, 5.50 percent lead, 0.91 percent copper, 116.4 g/t silver & 1.1 g/t gold, and 6.2 metres of 7.45 percent zinc, 2.65 percent lead, 0.15 percent copper, 63.3 g/t silver & 0.9 g/t gold.

New High-Grade Mineralized Zones Discovered at Trevali’s Santander Mine: 6.7 metres of 12.95% Zn, 0.74% Pb, 2.47 oz/t Ag

Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,FWB:4TI) discovered two new zones of high-grade polymetallic mineralization adjacent to the Magistral Central deposit at its Santander Mine in Peru. The new zones, Fatima North and Fatima South, occur in the footwall of (or behind) the principal Magistral Central deposit and remain open for expansion to the East and at depth.

Trevali Mining Closes $52.5-million Senior Secured Notes Offering

Trevali Mining Corporation (TSX:TV,BVL:TV,OTCQX:TREVF, FWB:4TI) has closed its previously announced offering of 52,500 units consisting of 12.5 percent Senior Secured Notes due May 30, 2019 and Common Share purchase warrants at a price of C$980 per unit, for aggregate proceeds of C$51,450,000. Each unit consists of C$1,000 principal amount of Notes and 123.2 Warrants. Each whole Warrant shall entitle the holder thereof, subject to certain conditions, to purchase one Common Share at an exercise price of $1.26.

Trevali Prices 12.5% Senior Secured Notes at $52.5-Million

Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,FWB:4TI) has priced 52,500 units consisting of 12.5% Senior Secured Notes due May 30, 2019 and Common Share purchase warrants at a price of C$980 per Unit. Each Unit will consist of C$1,000 principal amount of Notes and 123.2 Warrants for aggregate proceeds of C$51,450,000.

Trevali Mining Releases Financial Results for First Quarter 2014

Trevali Mining Corporation (TSX:TV,BVL:TV,OTCQX:TREVF;FWB:4TI) announced its financial results for the first quarter of 2014. Highlights included the posting of $3.9 million in income from operations at Trevali's Santander Mine in Peru on concentrate sales on revenue of $24.1 million, and net income of $0.6 million.

Trevali Mining Preliminary Economic Assessment for Caribou Zinc-Lead-Silver Mine: Post-tax IRR of 56.9%, Post-tax NPV(5%) of $106 million

Trevali Mining Corporation (TSX:TV,OTCQX:TREVF) announced Preliminary Economic Assessment results for its Caribou zinc-lead-silver mine and mill complex, located in New Brunswick, Canada. Highlights include a pre-production capital expenditure of $36.3 million, a post-tax Internal Rate of Return of 56.9%, post-tax Net Present Value of $106 million at a 5% discount rate, and average annual payable production of approximately 93 million lbs. zinc, 32.5 million lbs. lead, 3.1 million lbs. copper, 730,000 ozs. silver and 1,500 ozs. gold.