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Trevali Mining Corp.
Summary
| Project: | Perkoa Mine | |
|---|---|---|
| Deposit: | Perkoa Mine | |
| Location: | Burkina Faso | |
| Commodities: | Zinc | |
| Date: | 4/18/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 18-4-2017: Trevali Mining Corp. announces a Resource Estimation report for its Perkoa Mine deposit at the Perkoa Mine project. Update of mineral resources and ore reserves in support of acquisition of Perkoa Mine. Roscoe Postle Associates Inc. (RPA) was r | |
| Resources: | (Reserve, P+P): 2.48Mt @ 15.1% Zn for 376312t Zn contained at project | |
| CP/QP: | [Resources]: Ian T. Blakley (Roscoe Postle Associates Inc.) | |
| ABSTRACT: | Roscoe Postle Associates Inc. (RPA) was retained by Trevali Mining Corporation (Trevali) to prepare an independent Technical Report on the Perkoa underground zinc mine, located in Burkina Faso which is operated by Nantou Mining Burkina Faso S.A. (Nantou Mining). Glencore International PLC (Glencore) holds a 90% interest in Nantou Mining while the Burkina Faso State holds a 10% interest, in accordance with the Mining Code. The purpose of this report is to document the Mineral Resource and Mineral Reserve estimates prepared by Nantou Mining and audited by RPA as of December 31, 2016. The Perkoa underground zinc mine and 1,800 tonne per day (tpd) to 1,900 tpd milling operation is located in the Sanguié Province, 120 km west of the capital city of Ouagadougou, Burkina Faso. The Perkoa mine has been in operation since 2012 and currently produces zinc concentrates. Trevali is a zinc-focused, base metals mining company with two commercially producing operations. Trevali is actively producing zinc and lead-silver concentrates from its 2,000 tpd Santander mine in Peru and its 3,000 tpd Caribou mine in the Bathurst Mining Camp of northern New Brunswick, Canada. On March 13, 2017, Trevali announced that it had entered into definitive agreements with Glencore and certain of its subsidiaries whereby Trevali would acquire a portfolio of zinc assets from Glencore, including a 90% interest in the Perkoa mine located in Burkina Faso. | |
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