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Project: | Stratmat-Halfmile | |
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Deposit: | Stratmat-Halfmile | |
Location: | Canada | |
Commodities: | Zinc-Lead-Silver-Copper-Gold | |
Date: | 4/16/2018 | |
Report Code: | NI43-101 | |
Report Type: | Resource Estimation | |
Project Stage: | Pursuing Pre-Feasibility Study | |
Report details: | 16-4-2018: Trevali Mining Corp. announces a Resource Estimation report for its Stratmat-Halfmile deposit at the Stratmat-Halfmile project. Year end update of resource estimate at project. Vancouver, British Columbia: Trevali Mining Corporation (“Trevali” | |
Resources: | (Resource, M+I): 7.8Mt @ 0.3g/t Au, 36g/t Ag, 2.35% Pb, 6.94% Zn, 0.18% Cu at Halfmile | |
CP/QP: | [Resources]: Gilles Arseneau (SRK Consulting (Canada) Inc.) | |
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, 2017 and 2018 exploration plans. Consolidated mineral reserves and mineral resources are tabulated below on a contained metal basis (Tables 1 and 2). Detailed breakdowns for each of the active mines (Santander, Caribou, Perkoa and Rosh Pinah) are provided by category on a grade-tonnage-contained metal basis in Tables 3 through 10. Mineral resources in this document are reported inclusive of mineral reserves. In 2017, the Company commenced an expanded and accelerated growth initiative at its four operating mines. The 2018 program forms part of a medium to long-range exploration strategy initially focused on brownfield and near-mine exploration targets. The primary aim is to expand and discover new mineral resources adjacent to existing mine infrastructure, to replace mined inventory, grow sustainable Trevali Mining Corporation April 16, 2018 NR-18-06 – Continued 7 production, extend expected mine life and ultimately, contingent on success, provide production growth optionality to the operations. The committed 2018 exploration budget has been increased from US$10 million to US$13 million, with additional success funding contingent on results, and programs will focus on: | |
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