Zinc 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 on Scotiabank’s Equity Research Daily Edge

Trevali Mining (TSX:TV) was featured Scotiabank’s Equity Research Daily Edge, “Q4/14 Financials - With Santander Continuing to Deliver, All Focus on Caribou Commissioning”. The report rated Trevali with a $1.25/sh target price based on a 50/50 mix of 5.5x 2016E EV/EBITDA, and 0.8x P/NAV8% mine site assets plus 1.0x net cash items.