Trevali Reports Q1 Production Results for Santander Mine

Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) reported production statistics from its Santander Mine in Peru, covering Q1 of 2015: 12.5 million payable pounds of zinc, 7.4 million payable pounds of lead and 254,800 payable ounces of silver. In Q1, recoveries averaged 90% for zinc, 90% for lead and 80% for silver.

As quoted in the press release:

Q1-2015 recoveries averaged 90% for zinc, 90% for lead and 80% for silver. Mill throughput for the quarter was 185,365 tonnes. Average Q1 head grades were 4.03% Zn, 2.13% Pb and 1.65 oz/ton Ag with production of 13,430 tonnes of zinc concentrate averaging 50% Zn and 5,925 tonnes of lead-silver concentrate averaging 60% Pb and 41.0 oz/ton Ag for the year.

Q1-2015 Financial Results and Conference Call
Trevali will release financial results for its first quarter period ending March 31, 2015 on May 14, 2015 after the close of the trading day in Toronto. The Company will host a conference call and audio webcast at 10:30 a.m. Eastern Time on Friday, May 15, 2015 to review the financial results. Conference call dial-in details and audio webcast link will be provided in the financial results news release.

Caribou Mine Update
The Company’s restart of its Caribou Mine and Mill Complex in the Bathurst Mining Camp of Northern New Brunswick continues to advance and remains on-track and schedule for commissioning over the upcoming weeks.

Trevali President and CEO, Dr. Mark Cruise, said:

We remain very encouraged with our first quarter production at Santander, especially with continued improvements in mill performance where we once again achieved above design through-put and recoveries of all metals, and remain on-track with our 2015 production guidance. Site optimization and efficiency initiatives are delivering operational improvements as the Company stands well positioned to benefit from anticipated zinc price strengthening later this year with major global mine closures scheduled to occur and supply constraints forecast.

Click here to read the Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) press release
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