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Trevali Mining Corp.
Summary
| Project: | Perkoa Mine | |
|---|---|---|
| Deposit: | Perkoa Mine | |
| Location: | Burkina Faso | |
| Commodities: | Zinc | |
| Date: | 3/30/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-3-2020: Trevali Mining Corp. announces a Resource Estimation report for its Perkoa Mine deposit at the Perkoa Mine project. Annual statement of mineral resources and ore reserves. Vancouver, British Columbia: Trevali Mining Corporation (“Trevali” or th | |
| Resources: | (Reserve, P+P): 2.06Mt @ 12.8% Zn | |
| CP/QP: | [Reserves]: Nick Espenberg (Internal) | |
| ABSTRACT: | Vancouver, British Columbia: Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) reports its Mineral Reserves and Mineral Resources statements as of December 31, 2019. “Trevali is very encouraged with the continued growth of the Mineral Resources and Reserves base at our flagship Rosh Pinah Mine,” said Ricus Grimbeek, President and CEO. “The strategy of focusing on nearmine exploration and resource conversion drilling continued to deliver growth in respect to Mineral Resources last year. Globally, exploration successfully replaced and increased our Mineral Resources by 9%, with significant increases at Rosh Pinah in particular and at the Santander Pipe advanced target.” Exploration successfully replaced and increased global Zinc Measured and Indicated Resources at all mine sites aside from Perkoa where the 2019 mining depletion was only partially replaced: Mineral Reserve tonnage increased at the Rosh Pinah operation, but decreased at other operations due to mining depletion and a lower Net Smelter Return (NSR) as a result of higher treatment charges and freight expenses. Exploration drilling at the Santander Pipe target in Peru successfully increased the Measured and Indicated Mineral Resource by 1.00 million tonnes | |
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