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Trevali Mining Corp.
Summary
| Project: | Rosh Pinah Mine | |
|---|---|---|
| Deposit: | Rosh Pinah Mine | |
| Location: | Namibia | |
| Commodities: | Zinc-Lead-Silver | |
| 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 Rosh Pinah Mine deposit at the Rosh Pinah Mine project. Update of mineral resources and ore reserves in support of acquisition of Rosh Pinah Mine. Roscoe Postle Associates Inc. | |
| Resources: | (Reserve, P+P): 5.08Mt @ 8.78% Zn, 1.45% Pb, 20.75g/t Ag 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 Rosh Pinah underground zinc-lead mine, located in Namibia which is operated by Rosh Pinah Zinc Corporation (Proprietary) Limited (RPZC). Glencore International PLC (Glencore) holds an 80.08% interest in the Rosh Pinah mine and 19.92% is held by Namibian Broad-Based Empowerment Groupings and an Employee Empowerment Participation Scheme (EEPS). The purpose of this report is to document the Mineral Resource and Mineral Reserve estimates, prepared by RPZC and audited by RPA as of December 31, 2016. 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 tonne per day (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 International PLC (Glencore) and certain of its subsidiaries whereby Trevali would acquire a portfolio of zinc assets from Glencore, including an 80.08% interest in the Rosh Pinah mine located in Namibia. Rosh Pinah is a 1,880 tpd underground mine, producing zinc and lead concentrates, with copper, silver, and gold as by-products. The sulphides are concentrated in a flotation plant using separate zinc and lead circuits. The zinc and lead concentrates are transported by road to Luderitz, a port on the Namibian coast, and then shipped to the international smelters and refineries. The Rosh Pinah mine is 80.08% owned by Glencore. | |
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