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Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) provided updates on its Caribou Zinc Mine in the Bathurst Mining Camp of New Brunswick. To date, Caribou has processed 52,057 tonnes and 1,933 tonnes of zinc concentrate.
Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) provided updates on its Caribou Zinc Mine in the Bathurst Mining Camp of New Brunswick. To date, Caribou has processed 52,057 tonnes and 1,933 tonnes of zinc concentrate. Trevali continues to ramp up Caribou operations, with production continuing at approximately 1,500 tonnes-per-day which is sufficient to maintain the approximately 100,000-tonne surface mill feed stock pile being utilized for mill commissioning purposes.
Trevali also announced a conference call and audio webcast at 10:30AM Eastern Time (7:30AM Pacific Time) on Monday, August 17, 2015 to review Q2 financial results.
As quoted in the press release:
CARIBOU MILL COMMISSIONING
Ongoing troubleshooting of ramp-up issues continued through the month of July with significant headway realized as the Company continues to ramp up Caribou operations according to the strategy outlined in the Company’s News Release dated May 19, 2015 (see TV-NR-15-10 for details).
The commissioning status of specific mill components is as follows:
Grinding – The new SAG Mill, the two Ball Mills and the three IsaMills are all operational. Ongoing initiatives are focused on optimizing charge rates, grind characteristics and media composition. Fine tuning of the IsaMills has them now operating at near nameplate grind size of 12 microns.
Reagents – With concentrates now being produced, the focus is now on optimization of both zinc and lead reagent mixtures/ratios to bring recoveries towards anticipated nameplate percentages, and optimize concentrate grades and characteristics.
Flotation – Both zinc and lead flotation circuits, including the rougher and cleaner cells, are all online. Additional piping and pumping optimization and replacement occurred during July to further improve circuit stability and is ongoing.
Filtration & Tailings – The zinc and lead filters are both online. Ongoing work in July focused on lead concentrate optimization.
MINING
Underground commissioning continues to make positive progress with de-watering, remaining refurbishment and various optimizing initiatives all proceeding in line with plans. Production continues at approximately 1,500 tonnes-per-day which is sufficient to maintain the approximately 100,000-tonne surface mill feed stock pile being utilized for mill commissioning purposes.
Q2-2015 FINANCIAL RESULTS AND CONFERENCE CALL
Trevali will release financial results for its second quarter period ending June 30, 2015 on August 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 (7:30 a.m. Pacific Time) on Monday, August 17, 2015 to review the financial results. Participants are advised to dial in 5-to-10 minutes prior to the scheduled start time of the call.
Conference call dial-in details:
Toll-free (North America): 1- 866-223-7781
Toronto and international: 1- 416-340-2216
Audio Webcast: https://www.gowebcasting.com/6839
Click here for the full Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) press release.
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