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Trevali Mining Corp.
Summary
| Project: | Stratmat | |
|---|---|---|
| Deposit: | Heath Steele | |
| Location: | Canada | |
| Commodities: | Zinc-Lead-Silver-Copper-Gold | |
| Date: | 7/25/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 25-7-2017: Trevali Mining Corp. announces an Exploration/Drilling Update report for its Heath Steele deposit at the Stratmat project. Drilling results incl. 30.7m @ 7.56% Zn, 2.34% Pb, 0.29% Cu, 72.0g/t Ag, 0.48g/t Au from 44.3m. Vancouver, British Columb | |
| Resources: | (not mentioned in this report) | |
| 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) is pleased to announce the remaining results from its drill program on the Heath Steele project, located adjacent to the Company’s Stratmat deposit in the Bathurst Mining Camp, New Brunswick, Canada. The drill program tested the E-zone at Heath Steele, an advancedstage, near-surface target with a historic, non-National Instrument 43-101-compliant resource. As part of the recently announced definitive agreement to acquire a portfolio of zinc assets from Glencore PLC (see March 13, 2017 news release TV-NR-17-06), Trevali has undertaken exploration on the Heath Steele claim group (Figure 1). Mining operations at Heath Steele were carried out by a variety of companies (including Noranda) discontinuously between 1957 and 1999. Over Heath Steele’s long mine life, zinc, lead, copper, silver and gold were extracted from several zones on the property (see Table 1 and Figure 1). Multiple exploration campaigns over the Heath Steele property identified and tested several targets. One of the more advanced targets from this work is the E-Zone. During the first half of 2017 Trevali completed a 7-hole, 1,200-metre diamond drill program to validate historic data and to collect material for metallurgical test work at the E-Zone (Figures 2 and 3). The first drill hole, HS17-001, successfully intersected 56.2-metres of massive sulphide mineralization grading 3.84% Zn, 1.51% Pb, 2.15% Cu, 64.3 g/t Ag and 1.01 g/t Au, within which significantly higher-grade intervals occur including 23.25 metres grading 5.8% Zn, 2.4% Pb, 3.2% Cu, 92.0 g/t Ag and 1.7 g/t Au (see May 5, 2017 news release NR-17-09 for details). Results from the additional drilling continue to validate the historic data intersecting broad intervals of polymetallic massive sulphide mineralization within which higher-grade intervals occur. Highlights of the results are summarized in Table 2. | |
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