Trevali Mining Ups 2014 Production Guidance for Santander Mine

Trevali Mining Corp. (TSX:TV) has reported preliminary production results for Q3 of 2014. Roughly 12.6 million payable pounds of zinc, 6.3 million payable pounds of lead and 217,600 payable ounces of silver were produced at Trevali’s Santander Mine in Peru, and the company also increased its production guidance for the remainder of 2014.

As quoted in the press release:

Average recoveries for the quarter were 88% for zinc, 83% for lead and 74% for silver. Q3-2014 throughput at the 2,000-tonne-per-day-rated Santander processing complex was 174,075 tonnes, delivering a mill utilization factor of approximately 97%. Average head grades of 4.40% Zn, 2.11% Pb and 1.66 oz/ton Ag were realized to produce approximately 13,466 tonnes of zinc concentrate averaging 50% Zn and 5,370 tonnes of lead-silver concentrate averaging 56% Pb and 39.0 oz/ton Ag.

Given the performance of the mine year-to-date, Trevali has increased its 2014 full-year Santander production guidance estimate to approximately 47-50 million pounds of payable zinc, 20-23 million pounds of payable lead and 820,000 to 850,000 ounces of payable silver. (Please see Cautionary Note on Forward Looking Statements at the end of this document).

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