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Trevali Mining Corp.
Summary
| Project: | Caribou Mine | |
|---|---|---|
| Deposit: | Restigouche | |
| Location: | Canada | |
| Commodities: | Zinc-Lead-Copper-Silver-Gold | |
| Date: | 7/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 5-7-2018: Trevali Mining Corp. announces an Exploration/Drilling Update report for its Restigouche deposit at the Caribou Mine project. Drilling results incl. 45.9m @ 6.05% Zn, 4.33% Pb, 0.28% Cu, 90.53g/t Ag, 1.11g/t Au from 56.05m. Vancouver, British Co | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mark Cruise, Daniel Marinov (Internal) | |
| ABSTRACT: | Vancouver, British Columbia: Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) provides an update on exploration and development activities to support its Bathurst Mining Camp “Life-of-Mill” strategy in New Brunswick, Canada (Figure 1) “The combination of ongoing exploration success and strategic acquisitions in the Bathurst Mining Camp has delivered a strong pipeline to support our life-of-mill plan at Caribou,” stated Dr. Mark Cruise, Trevali President and CEO. “Trevali has solidified a dominant land position in order to optimize milling operations in the region for the benefit of all stakeholders.” Trevali currently owns four deposits and has the option to acquire two advanced deposits in the Bathurst Mining Camp (“BMC”) (Figure 1). Anchored by the Caribou Mill and related infrastructure, the Company’s focus is to complete advanced geological and engineering studies in order to facilitate longterm production based on the Company’s life-of-mill strategy (Figure 2). The Company continues to explore the operating Caribou deposit in addition to conducting definition drilling and advanced engineering / mine planning studies on the Restigouche and Murray Brook deposits. CARIBOU MINE EXPLORATION During 2017, the Company added approximately 4 million tonnes of inferred mineral resources to the Caribou deposit. As follow-up, a 12,000-metre exploration and definition drill program commenced in mid-June 2018 targeting the down-dip extensions of the East Limb, Hinge Zone and the newly discovered CX Zone, all of which remain open for extension (Figure 3). | |
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