Trevali Provides Halfmile Mine Development Update

Silver Investing

Trevali Mining Corporation (TSX:TV,OTCQX:TREVF) provided an update on its previously announced mine development program at the Halfmile polymetallic (zinc-lead-silver-copper-gold) deposit near Bathurst, New Brunswick.

Trevali Mining Corporation (TSX:TV,OTCQX:TREVF) provided an update on its previously announced mine development program at the Halfmile polymetallic (zinc-lead-silver-copper-gold) deposit near Bathurst, New Brunswick.

As quoted in the press release:

Halfmile project construction and underground development is currently on-track for commencement of production by year-end and proceeding to plan with only 120 metres of ramp development remaining prior to intersecting the Upper Zone of the Halfmile massive sulphide deposit.

HALFMILE PROJECT UPDATE:

Construction and site development continues to advance the Halfmile deposit to production. Key highlights include:

  • During the current construction phase approximately 75 people are directly employed on-site from the local communities of Bathurst and Miramichi. Upon commencement of production there will be an initial anticipated fulltime work force of approximately 80 people.
  • Successful appointment of the Mi’gmag Benefits Manager – a key role as Trevali moves to fulfill its cooperation and Impact Benefits Agreement with the Mi’gmag First Nations of New Brunswick.
  • 5-by-5-metre mine adit development (capable of accommodating 50-tonne haul trucks) progressing well with approximately 180 metres of pre-production ramp development completed to date (approximately 60% of the 300-metre total pre-production development plan) – see Figures 1 and 2, available at the following link: https://media3.marketwire.com/docs/tv1013.pdf.
  • Ongoing testing of waste development rock continues to indicate that material is environmentally benign, non-acid (ARD) generating.
  • Water treatment plant contract awarded to Veolia Water Solutions & Technologies Canada of Montreal (a world leader in water treatment solutions) with construction underway (water holding ponds completed and treatment plant under-construction). Water will be treated to CCME (Canadian Council of Ministers of the Environment) standards that are substantially higher than levels required under current Canadian mining legislation.
  • Halfmile site infrastructure complete – dry shops and office, power and water systems, and lined mill-feed storage pad.
  • Main mechanical shop under construction.
  • Ongoing positive metallurgical test work by SGS of Lakefield, Ontario confirms compatibility of Halfmile polymetallic mineralization and the Brunswick 12 mill process flow-sheet to produce high-quality zinc, lead-silver, copper-gold and bulk concentrates.

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

Click here to view the Trevali Mining (TSX:TV,OTCQX:TREVF) profile.

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