Lead Company News Directory

Trevali Intersects Significant Sulphide Mineralization Outside Current Resource at Caribou

Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) intersected massive sulphide mineralization outside the defined Measured and Indicated Resource at the Caribou Zinc Mine in New Brunswick. Drill hole BR-1014A hit 50.9 metres of the massive sulphide mineralization at a downhole depth of 607 metres grading 5.08% zinc, 1.76% lead, 0.37% copper, 59.66 g/t silver & 1.63 g/t gold. The current drill campaign aims to convert the currently defined 3.66-million tonne Inferred Resource to Indicated or higher confidence levels, as well as to follow up significant drill intercepts such as BR-1014A.

Trevali Reports Q1 Production Results for Santander Mine

Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) reported production statistics from its Santander Mine in Peru, covering Q1 of 2015: 12.5 million payable pounds of zinc, 7.4 million payable pounds of lead and 254,800 payable ounces of silver. In Q1, recoveries averaged 90% for zinc, 90% for lead and 80% for silver.

Trevali Mining Reports 2014 Annual Financial Results

Trevali Mining Corporation (TSX:TV) announced its financial results for 2014, which included a net loss of $7 million or $0.03 per share. The company noted that this is partially due to a non-recurring loss upon the disposal of a subsidiary incurred during the yea and highlighted the Santander mine's operations income for the year, which was $12.7 ,million on concentrate sales revenue of $94.2 million.

Trevali’s Santander Mine Exceeds 2014 Guidance

Trevali Mining Corporation (TSX:TV) has released preliminary production results for its fourth quarter helping boost production at Santander over the company's modified production guidance for the year. Fourth quarter production resulted in 11.2 million payable pounds of zinc, 7.1 million payable pounds of lead and 241,600 payable ounces of silver. Full-year 2014 Santander production was approximately 50.4 million payable pounds of zinc, 23.3 million payable pounds of lead and 914,600 payable ounces of silver.

Ivernia Feeling Pressure From Weak Lead Prices

Ivernia (TSX:IVW) noted that it anticipates meeting its production guidance for the year, but expects sales to fall and anticipates lower realized sales prices for lead concentrate. The company has implemented cost saving measures, but noted that the LME lead metal price has fallen 14 percent below average for the third quarter of 2014.

Trevali Mining Provides Update on Caribou Restart

Trevali Mining Corporation (TSX:TV) provided an update on construction and mine re-start activities at its Caribou polymetallic mine and mill complex in New Brunswick. The new SAG mill major components have been installed and the mill will be commissioned in the first quarter of next year. The company also provided an update on exploration work at the property.