Trevali Reports Record Santander Mine Production for Q3-2015

Trevali Mining Corporation (TSX:TV) reports preliminary Santander Mine production results for its third quarter (“Q3”) ending September 30, 2015 of approximately 14.6 million payable pounds of zinc, 7.6 million payable pounds of lead and 282,108 payable ounces of silver
As quoted in the press release

Q3-2015 recoveries at Santander averaged 90% for zinc, 89% for lead and 77% for silver. Mill throughput for the quarter was 197,288 tonnes, the highest throughput to date at Santander. Average Q3 head grades were 4.40% Zn, 2.09% Pb and 1.7 oz/ton Ag with production of 15,729 tonnes of zinc concentrate averaging 50% Zn and 6,525 tonnes of lead-silver concentrate averaging 56% Pb and 41.7 oz/ton Ag for the quarter.
Table 1: Santander Mine Q3-2015 production statistics

Q1-2015	Q2-2015	Q3-2015	YTD 2015
Tonnes Mined	182,258	191,259	189,567	563,085
Tonnes Milled	185,365	190,497	197,288	573,150
Average Head Grades:
Zinc	4.03%	4.27%	4.40%	4.23%
Lead	2.13%	2.47%	2.09%	2.23%
Silver (ounces/ton)	1.65	1.85	1.7	1.75
Average Recoveries (%):
Zinc	90%	90%	90%	90%
Lead	90%	88%	89%	89%
Silver	80%	78%	77%	78%
Concentrate Produced DMT (dry metric tonnes):
Zinc	13,430	14,706	15,729	43,865
Lead	5,925	7,080	6,525	19,530
Concentrate Grades:
Zinc	50%	50%	50%	50%
Lead	60%	59%	56%	58%
Ag (ounces/ton)	41.04	39.17	41.73	40.65
Payable Production:
Zinc (pounds)	12,536,783	13,684,058	14,641,200	40,862,042
Lead (pounds)	7,407,887	8,705,988	7,641,200	23,755,075
Silver (ounces)	254,805	290,225	282,108	827,138

2015 Santander Mine Production Guidance
The 2015 production guidance estimate for the Santander mine has been increased to approximately:

• 50-52 million pounds of payable zinc, up from 48-50 million pounds, in concentrate grading approximately 50 percent Zn and at an average head grade of 4.2-4.4 percent Zn.
• 29-31 million pounds of payable lead, up from 23-25 million pounds, in concentrate grading approximately 56-58 percent Pb and at an average head grade of 1.8-2.1 percent Pb.
• 1,000,000-1,050,000 ounces of payable silver, up from 850,000-950,000 ounces, at an average head grade of 1.5-1.8 ounces per ton Ag.

Cash costs for 2015 are now estimated at approximately US$46-US$48 per tonne milled, down from the previous estimate of US$48-US$51 per tonne milled, given the efficiencies and cost optimizations that have occurred throughout the year (please see Cautionary Note on Forward Looking Statements at the end of this document).

Trevali President and CEO, Dr. Mark Cruise, stated

Continued solid production from our Santander unit delivered one of our best quarterly performances to date with record zinc production and mill throughput, based on these strong results, the Company has boosted its 2015 Santander production guidance estimate. In tandem with this Santander continues to react well to the current commodity climate by capturing efficiencies and cost savings on a quarter-to-quarter basis.

Connect with Trevali Mining Corporation (TSX:TV) to receive an Investor Kit