Trevali Mining Corp. (TREVF: OTCQX International) | Trevali

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Trevali Mining Corp. (TREVF: OTCQX International) | Trevali Provides Stratmat Deposit Drilling Update Trevali Provides Stratmat Deposit Drilling Update

Trevali Provides Stratmat Deposit Drilling Update

Highlights include:

4.2 metres of 10.13% Zn, 5.50% Pb, 0.91% Cu, 116.4 g/t Ag & 1.1 g/t Au

6.2 metres of 7.45% Zn, 2.65% Pb, 0.15% Cu, 63.3 g/t Ag & 0.9 g/t Au

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 20, 2014) - Trevali Mining Corporation ("Trevali" or the "Company") (TSX:TV)(OTCQX:TREVF)(LMA:TV)(FRANKFURT:4TI) provides an update on drilling activities at its Stratmat Zinc-Lead-Silver Deposit in the Bathurst Mining Camp of New Brunswick, Canada where Phase II drilling continues to define multiple zones of base-metal-rich massive sulphide mineralization over intervals ranging from 1.8 to 12 metres.

Details of results for eight drill holes (totaling approx. 3,455 metres) are summarized in Table 1 and displayed in Figures 1 and 2. Interpretation of historic drill hole data integrated with recent Trevali drilling has resulted in an improved understanding of the local geology and an enhanced 3-D interpretation of the mineral system geometry. The improved interpretation has led to identification of additional high priority targets both near surface and at depth within the S1 zone and follow-up drilling is scheduled to resume in June-July with the goal of expanding mineralization continuity towards surface.

PROPERTY EXPLORATION

In 2011-12, Trevali successfully completed a drill program on the Stratmat Main Zone that is located approximately one kilometre northeast of the current drilling. See News Releases February 06, 2012 (TV-NR-12-04), April 12, 2012 (TV-NR-12-11) and June 06, 2012 (TV-NR-12-15).

Trevali's New Brunswick exploration team is currently commencing field work programs to follow up on and evaluate high priority exploration targets identified on the Stratmat property package (1,808 hectares). Targets include coincident geochemical, geophysical (Induced Polarization, Borehole Electromagnetics and Heliborne Electromagnetic) anomalies over prospective geologic units which are outside any currently defined resource.

The Stratmat drilling and ongoing technical programs form a portion of the study and review process into potential longer-term Bathurst Mining Camp plans beyond Trevali's Caribou Mine, including the possibility for a second stand-alone milling facility to support development of the Company's fully-permitted Halfmile Mine and the Stratmat Deposit.

HOLE # From
(m)
To
(m)
Interval*
(m)
Zn
(%)
Pb
(%)
Cu
(%)
Au
(g/tonne)
Ag
(g/tonne)
ST-751 No significant intercept.
Holes ST-752 - ST-755 reported in TV-NR-14-04
ST-756 335.00 338.30 3.30 7.55 3.78 1.31 0.13 55.59
ST-757 522.87 534.84 11.97 4.53 2.24 0.98 0.64 56.41
Inc 528.77 532.99 4.22 10.13 5.50 0.91 1.11 116.39
638.07 639.87 1.80 6.53 3.30 0.17 0.39 60.95
658.99 661.99 3.00 6.17 2.72 0.09 0.49 41.54
ST-758 492.60 502.48 9.88 4.82 2.37 0.10 0.21 27.67
Inc 492.60 498.48 5.88 7.70 3.74 0.15 0.27 40.96
632.55 642.81 10.26 4.64 1.66 0.10 0.59 39.86
Inc 636.55 642.81 6.26 7.45 2.65 0.15 0.91 63.36
737.00 748.46 11.46 0.09 0.03 1.02 0.51 6.97
ST-759 707.32 711.75 4.43 3.14 2.22 0.08 0.10 27.20
ST-760 247.15 252.86 5.71 6.65 3.13 1.50 0.42 54.97
258.70 261.26 2.56 5.27 2.20 0.14 0.15 25.15
270.00 273.94 3.94 2.80 1.62 0.14 0.25 32.70
366.20 369.70 3.50 8.59 4.00 0.46 0.13 30.53
ST-761 643.9 652 8.07 4.21 1.22 0.54 1.26 23.31
705.3 708.2 2.89 5.44 2.22 0.53 0.28 40.47
738.5 740.4 1.87 7.07 2.70 0.07 1.23 74.70
ST-762 425.1 431.3 6.20 3.62 1.63 0.34 0.18 25.92
614.3 619.1 4.79 5.39 2.46 0.15 0.10 55.44
634.8 640.2 5.42 6.45 1.29 0.48 0.79 44.23
Table 1 : Stratmat Deposit 2014 Phase-II downhole drill results. Length weighted composites.
* Intervals are downhole with true width estimated to be approximately 60-85% of reported intervals.

To view Figures 1 and 2 please click on the following link: http://media3.marketwire.com/docs/TV0620.pdf

Qualified Person and Quality Control/Quality Assurance

EurGeol Dr. Mark D. Cruise, Trevali's President and CEO and M. Dayle Rusk, P.Geo, Trevali's Director, Geology, are qualified persons as defined by NI 43-101, have supervised the preparation of the scientific and technical information that forms the basis for this news release. Dr. Cruise is not independent of the Company, as he is an officer, director and shareholder. Ms. Rusk is not independent of the Company as she is an officer and shareholder. On-site personnel at the project rigorously collect and track samples which are then security sealed and shipped to Activation Laboratories preparation facility in Fredericton, New Brunswick, then to Ancaster, Ontario for assay. Activation Laboratories quality system complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025: 1999. Analytical accuracy and precision are monitored by the analysis of reagent blanks, reference material and replicate samples. Quality control is further assured by the use of international and in-house standards. Blind certified reference material is inserted at regular intervals into the sample sequence by Trevali personnel in order to independently assess analytical accuracy. Finally, representative blind duplicate samples are routinely forwarded to an ISO compliant third party laboratory for additional quality control.

ABOUT TREVALI MINING CORPORATION

Trevali is a zinc-focused, base metals mining company with one producing operation currently in Peru and an advanced-stage mine under development in Canada.

In Peru, the Company is actively producing zinc and lead-silver concentrates from its Santander mine and 2,000-tonne-per-day metallurgical plant.

In Canada, Trevali owns the Caribou mine and mill, Halfmile mine and Stratmat deposit all located in the Bathurst Mining Camp of northern New Brunswick. The Company is currently advancing its 3,000-tonne-per-day Caribou Mill Complex and mine towards planned 2015 production.

All of the Company's deposits remain open for expansion.

The common shares of Trevali are listed on the TSX (symbol TV), the OTCQX (symbol TREVF) and on the Lima Stock Exchange (symbol TV). For further details on Trevali, readers are referred to the Company's web site ( www.trevali.com ) and to Canadian regulatory filings on SEDAR at www.sedar.com .

On Behalf of the Board of Directors of TREVALI MINING CORPORATION

Mark D. Cruise, President

This news release contains "forward-looking statements" within the meaning of the United States private securities litigation reform act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Statements containing forward-looking information express, as at the date of this news release, the Company's plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and the company does not intend, and does not assume any obligation to, update such statements containing the forward-looking information. Such forward-looking statements and information include, but are not limited to statements as to: the accuracy of estimated mineral reserves and resources, anticipated results of future exploration, and forecast future metal prices, anticipated results of future electrical sales and expectations that environmental, permitting, legal, title, taxation, socio-economic, political, marketing or other issues will not materially affect estimates of mineral reserves. These statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies.

These statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements contained in this news release and the company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: fluctuations in spot and forward markets for silver, zinc, base metals and certain other commodities (such as natural gas, fuel oil and electricity); fluctuations in currency markets (such as the Peruvian sol versus the U.S. dollar); risks related to the technological and operational nature of the Company's business; changes in national and local government, legislation, taxation, controls or regulations and political or economic developments in Canada, the United States, Peru or other countries where the Company may carry on business in the future; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected geological or structural formations, pressures, cave-ins and flooding); risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom the Company does business; inadequate insurance, or inability to obtain insurance, to cover these risks and hazards; employee relations; relationships with and claims by local communities and indigenous populations; availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development, including the risks of obtaining necessary licenses and permits and the presence of laws and regulations that may impose restrictions on mining,; diminishing quantities or grades of mineral reserves as properties are mined; global financial conditions; business opportunities that may be presented to, or pursued by, the Company; the Company's ability to complete and successfully integrate acquisitions and to mitigate other business combination risks; challenges to, or difficulty in maintaining, the Company's title to properties and continued ownership thereof; the actual results of current exploration activities, conclusions of economic evaluations, and changes in project parameters to deal with unanticipated economic or other factors; increased competition in the mining industry for properties, equipment, qualified personnel, and their costs. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

Trevali's production plans at Caribou-Halfmile-Stratmat and Santander are based only on Indicated and Inferred Mineral Resources and not Mineral Reserves and do not have demonstrated economic viability. Inferred Mineral Resources are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and there is therefore no certainty that the conclusions of the production plans and Preliminary Economic Assessment (PEA) will be realized. Additionally where Trevali discusses exploration/expansion potential, any potential quantity and grade is conceptual in nature and there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

We advise US investors that while the terms "measured resources", "indicated resources" and "inferred resources" are recognized and required by Canadian regulations, the US Securities and Exchange Commission does not recognize these terms. US investors are cautioned not to assume that any part or all of the material in these categories will ever be converted into reserves.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or the securities laws of any state and may not be offered or sold within the United States, absent such registration or an applicable exemption from such registration requirements.

The TSX has not approved or disapproved of the contents of this news release.

Trevali Mining Corporation
Steve Stakiw, Vice President,
Investor Relations and Corporate Communications
(604) 488-1661 / Direct: (604) 638-5623
(604) 408-7499
sstakiw@trevali.com
www.trevali.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Kentucky Power's Bold Plan to Boost Local Economy

Updated Category News Views 80

Electricity, Economy, and Execution Kentucky Power just laid out plans that could massively swing the pendulum for eastern Kentucky's economic prospects. They've put filings on the table for the Kentucky Public Service Commission that, if approved, promise big economic benefits. We're talking about a potential infusion of $500 million through fixed-rate offsets and an...

Continue Reading
National Police Assoc. Urges House to Pass PTSD Act

Updated Category News Views 53

An Urgent Call for Action on PTSD Support Alright folks, this ain't your typical investment rundown, but it's got stakes just the same. The National Police Association is sounding the horn for the House to pass the Fighting Post-Traumatic Stress Disorder Act of 2025 (S. 825). Now, if you've been around the block, you know legislation can play out like a market...

Continue Reading
Appier's Q3 FY26 Results: Record Growth and Earnings Spike

Updated Category News Views 146

Appier's Stellar Q3 Performance: A Game Changer Well, ain't that a kicker? Out of the blue, Appier (TSE: 4180) has thrown down a Q3 performance that's got everyone talking. This AI-driven enterprise didn't just ride the wave of success—they created the tsunami. Strap in as we dive into what makes this quarter such a showstopper. Record-Breaking Numbers First off, let's...

Continue Reading
Finding the Right Auto Insurance: What to Consider

Updated Category News Views 52

Understanding the Basics of Auto Insurance Coverage Now, you might think the state knows best when it sets those minimum auto insurance requirements. But let's not kid ourselves—skimping on coverage can leave you high and dry if things go south on the road. That's where an expert voice like Corey Frazer's comes in, laying out why those limits often fall short. Minimum...

Continue Reading
Odessa Water Overbilling Lawsuit Surges Ahead

Updated Category News Views 106

Full Steam Ahead for Odessa's Water Fight Odessa, a dust-blown Texas town, ain't giving up without a fight. The court just lit a fire under the efforts of 46,000 residents and businesses hollering about their water bills that seemed to skyrocket outta nowhere. This court ruling lets the class action against the City of Odessa and Performance Services—they're the folks...

Continue Reading
Maritime Safety Urged After New Orleans Vessel Incident

Updated Category News Views 44

The Mississippi River saw a bit of drama near the Port of New Orleans when a river cruise turned into an unexpected rescue operation. Listen up, because incidents like this bring maritime safety right to the forefront; we can't ignore the waters that shape our daily lives here in the Big Easy. Navigating the Waters Safely Some 150 souls found themselves in a pickle when...

Continue Reading
JardogsHealth Taps Industry Titans for Growth Council

Updated Category News Views 82

JardogsHealth: A New Chapter with Strategic Insights You've got to admire when a company rounds up a top-tier brain trust. Such is the case with JardogsHealth, the healthcare AI outfit nestled in Hillsboro, Illinois, as they align their future alongside heavyweights who’ve maneuvered through multiple industries and come out thriving. Their brand-new council includes...

Continue Reading
Toys"R"Us Rolls Out 160 U.S. Stores, NYC Celebration

Updated Category News Views 123

Rebuilding the Toy Empire After a rough few years, Toys"R"Us is clawing its way back into the hearts—and wallets—of American shoppers. With 160+ new standalone stores popping up like mushrooms after rain, these guys aren't just playing games. This is a strategic move to reestablish their presence in the retail landscape just before the holiday shopping frenzy kicks...

Continue Reading
Choosing Expert European Auto Repair: Key Insights

Updated Category News Views 11

The Perks of Specialist Knowledge Ever get the feeling your local auto shop doesn't always cut it when your sleek BMW or classy Mercedes needs a tweak? You're not alone. Specifically, for those driving around Alpharetta, European vehicles demand not just routine check-ups but specialist hands. Much like how you wouldn't hand your luxury timepiece to the shop down the...

Continue Reading
Surfshark's No-Logs Policy Gets KPMG Backing

Updated Category News Views 137

Surfshark's Commitment to Privacy Pardon my grizzled voice, but in today's world, where digital privacy often feels like a myth, having a VPN that sticks to its guns about not keeping logs is rare enough to make you look twice. Well, here comes Surfshark, loudly touting yet another seal of approval from one of the Big Four—KPMG. Not the first time for these folks, but...

Continue Reading

Top 5 Most Recently Viewed Articles

Coherent Corp. Showcases Innovative Transceiver Technologies

Updated Category News Views 157

Coherent Corp. Introduces Next-Generation Transceiver Modules Coherent Corp. (NYSE: COHR) has recently captured attention by launching two innovative transceiver modules at the European Conference on Optical Communication (ECOC) 2024. These two models, the 1.6T-DR8 and 800G-DR4 transceivers, are specifically designed to significantly enhance data transmission speeds and...

Continue Reading
Provident Financial Holdings Set to Release Earnings Soon

Updated Category News Views 167

Provident Financial Holdings, Inc. Earnings Release Announcement Provident Financial Holdings, Inc. (Nasdaq: PROV) has recently shared significant news that will cap off their financial quarter. As a holding company for Provident Savings Bank, F.S.B., they are poised to announce their third-quarter earnings soon. This update is eagerly anticipated by both institutional...

Continue Reading
Rivalry Corp. Secures Funds to Propel Future Growth and Innovation

Updated Category News Views 177

Rivalry Corp. Closes Initial Tranche of Private Placement Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), recognized as a leading sportsbook and iGaming operator dedicated to digital-first players, has reached a significant milestone by closing the first tranche of its non-brokered private placement. This announcement follows up...

Continue Reading
Understanding Insider Selling: Lessons From 3 Companies

Updated Category News Views 175

The Implications of Insider Selling Insider selling often triggers investor anxiety—but understanding the context is essential. Recently, sales at Dutch Bros, Monolithic Power Systems, and Palantir Technologies demonstrate that not all insider activity carries the same implications. In this article, we will break down the recent insider sales at these companies and...

Continue Reading
Quantum Corporation Faces Class Action Amid Financial Concerns

Updated Category News Views 173

Quantum Corporation Investors Urged to Act In light of recent challenges faced by Quantum Corporation, shareholders are advised to take note of significant developments that may impact their investments. As investors, it's crucial to stay informed, especially when issues arise that could potentially affect your financial standing. Financial Reporting Issues What Triggered...

Continue Reading