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Trevali Reports Q3-2016 Production of 32.4 Million Lbs Zinc, 9.7 Million Lbs Lead and 362,776 Ounces of Silver
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 13, 2016) – Trevali Mining Corporation (TSX:TV) reports preliminary third quarter (“Q3”) 2016 production results from its two operating zinc mines, the Caribou Mine in New Brunswick, Canada and the Santander Mine in Lima, Peru.
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 13, 2016) –Trevali Mining Corporation (TSX:TV) reports preliminary third quarter (“Q3″) 2016 production results from its two operating zinc mines, the Caribou Mine in New Brunswick, Canada and the Santander Mine in Lima, Peru. For the three months ending September 30, 2016, approximately 32.4 million payable pounds zinc, 9.7 million payable pounds lead and 362,776 payable ounces of silver were produced.
Q3-2016 marked a major growth phase for Trevali with our second zinc mine, Caribou, entering commercial production and significantly boosting the Company’s zinc production profile,” stated Dr. Mark Cruise, Trevali’s President and CEO. “Bringing Caribou commercially online comes at very opportune time as zinc continues to outperform all other commodities this year-to-date and continues to hold one of the strongest forecast fundamentals going forward.”
“With Caribou modestly cash-flow positive at current run-rates, we anticipate significant opportunity to crystallize additional value as it continues to ramp towards nameplate design during Q4,” continued Cruise. “Trevali remains strongly positioned and leveraged as the only primary zinc producer on the TSX poised to benefit from zinc’s recent rally and bullish forecast.”
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