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Project: | Santander | |
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Deposit: | Santander | |
Location: | Peru | |
Commodities: | Zinc-Lead-Silver-Copper-Gold | |
Date: | 12/4/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Active Mining & Production | |
Report details: | 4-12-2017: Trevali Mining Corp. announces an Exploration/Drilling Update report for its Santander deposit at the Santander project. Drilling results incl. 64.6m @ 7.26% Zn, 0.04% Pb, 0.10% Cu, 12.24g/t Ag from 556.95m. Vancouver, British Columbia: Trevali | |
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) announces results from its 2017 exploration program where directional diamond drilling continues to intersect multiple zones of high-grade zinc mineralization within and below the Santander Pipe target at its Santander Zinc Mine in Peru (Table 1, Figures 1 & 2). “From our initial discovery drill hole in February 2008, Trevali has enjoyed almost 10-years of accretive resource growth and replacement at Santander. Given the coarse style of the mineralization, absence of significant amounts of barren sulphide and location immediately adjacent to the mine infrastructure, the Santander Pipe forms a compelling high-priority target,” stated Dr. Mark Cruise, Trevali’s President and CEO. “The exploration team currently has two surface and two underground drill rigs expanding the mineralized system which remains to be fully delineated.” The Santander Pipe was continuously mined between 1957 and 1991 to a vertical depth of 480 metres below ground surface. Based on historical mine records the Pipe produced 7,993,105 tonnes of ore grading 10.88% Zn, 0.98% Pb, 0.31% Cu and 2.1 oz/t Ag during this period. Due to a combination of low commodity prices coupled with a general lack of development, mining ceased in high-grade mineralization and remains open for expansion at depth. | |
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