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Trevali Mining Corp.
Summary
| Project: | Stratmat-Halfmile | |
|---|---|---|
| Deposit: | Halfmile | |
| Location: | Canada | |
| Commodities: | Zinc-Lead-Silver-Copper-Gold | |
| Date: | 6/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 14-6-2017: Trevali Mining Corp. announces an Exploration/Drilling Update report for its Halfmile deposit at the Stratmat-Halfmile project. Drilling results incl. 110.47m @ 7.86% Zn, 2.34% Pb, 0.11% Cu, 11.11g/t Ag, 0.12g/t Au from 717.53m. Vancouver, Brit | |
| Resources: | ||
| CP/QP: | [Overall Report]: Mark D. Cruise, Daniel Marinov (Internal) | |
| ABSTRACT: | Vancouver, British Columbia: Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) announces results from its 2016-2017 resource definition drill program on its Halfmile deposit in the Bathurst Mining Camp of northeastern New Brunswick. The program was designed to validate historic data as well as to expand and improve upon the existing geological model. Trevali completed 28 holes (15,175 metres) testing a variety of targets within and around the Upper and Lower Zones of the Halfmile deposit that remains open for expansion. The Halfmile deposit has a currently defined Indicated Resource of 6.26 million tonnes grading 8.13% Zn, 2.58% Pb, 0.22% Cu, and 30.8 g/t Ag, and an additional Inferred Resource of 6.08 million tonnes at 6.69% Zn, 1.83% Pb, 0.14% Cu and 20.5 g/t Ag. In general, results from the 2016-2017 drilling campaign corroborates the historic drilling completed on the project. This latest drilling dramatically increases Trevali’s confidence in the resource model and provides further information about precious metal values in the Upper and Lower Zones as previous drill programs did not consistently analyze for silver or gold. The recent drilling has also facilitated an improved understanding of the local geology and thus allowed for a more realistic model of mineralization that will ultimately facilitate future engineering studies. | |
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