Trevali Mining Corp.

Trevali Mining Corp. is a zinc-focused base metals development company. In Canada, it owns the Halfmile zinc-lead-silver mine, the Caribou mine and mill, and the Stratmat polymetallic deposit, all located in the Bathurst Mining Camp of northern New Brunswick. The company also has the Santander mine in Peru and the past-producing Ruttan copper-zinc mine in northern Manitoba. Initial trial production from the Halfmile mine was successfully undertaken in 2012 and underground development is ramping up to achieve a planned production rate of approximately 3 Kmtpd to feed planned operations at the company's Caribou Mill Complex in 2013.

Expert Comments:

Alex Terentiew, Raymond James (10/9/15)
"Trevali Mining Corp. reported its Q3/15 production results, with Santander beating our expectations on all accounts, while Caribou continues to make progress improving recoveries in the plant and awaits higher-grade ore starting in October. With Caribou scheduled to reach commercial production in Q4/15, we expect the company to start generating free cash flow in Q4/15."

Joseph Gallucci, Dundee Capital Markets (10/8/15)
"Trevali Mining Corp. released Q3/15 production results from Santander, and once again we are very impressed. Total payable zinc production came in at 14.6 Mlb, well above our estimate of 12.3 Mlb and 7% above Q2/15 production. Payable lead and silver production also beat our estimates, coming in at 7.6 Mlb (vs. our 6.2 Mlb) and 282 Koz (vs. our 237 Koz), respectively. Recoveries were up across the board, and mill throughput was the highest ever at Santander. . .this is one of the best quarterly performances we have seen to date, putting the company in a great position to continue focusing on Caribou ramp-up."

Itinerant, Seeking Alpha (10/2/15)
"Trevali Mining Corp. has suffered, and zinc prices in combination with a challenging growth project are to blame. The Santander mine is performing well. Mine construction at Caribou is progressing as planned, and we see no reason to subscribe to market concerns regarding the execution risk associated with this project. . .we are mustering the courage to view the current stock price as a buying opportunity. . .the company remains the only listed pure zinc producer and, as such, represents a unique vehicle to gain leveraged exposure to zinc. . .Trevali Mining remains a bet on zinc and growth."

Stefan Ioannou, Haywood Securities (9/28/15)
"Trevali Mining Corp. recently announced assay results from five holes completed as part of the company's 6,000m 2015 underground drill program at its 100%-owned Santander zinc-lead-silver mine in Peru. The drilling, which targeted down-dip extensions of the Fatima zone and the Magistral Central deposit, intersected significant high-grade lead-silver-zinc mineralization that remains open in multiple directions. . .work to date has already demonstrated Santander's geological pedigree as one of the larger end-members of the carbonate replacement deposit type."

Derek Macpherson, M Partners (9/28/15)
"Trevali Mining Corp. announced infill drill results from five holes designed to test the Fatima and Magistral Central zones at depth at its Santander mine in Peru. The results were highlighted by 42.1m of 8.3% zinc, 2.0% lead and 121.3 g/t gold (FA-118-15) and 14.8m of 9.1% zinc, 0.5% lead and 68.8 g/t gold (FA-119-15). . .based on the anticipated resource growth, we continue to assume an expansion at Santander from the current 2,000 tpd to 4,000 tpd in 2017 for $20M."

Joseph Gallucci, Dundee Capital Markets (9/28/15)
"Trevali Mining Corp. hosted buy- and sell-side analysts for a tour of its Santander operation in Peru last week. Overall, the takeaways from the visit were positive, with the mill running well and development progressing as planned. More impressively, the company released drill results from its 2015 drill program on Friday—Santander continues to provide excellent exploration upside. . .we believe that, with the discovery of the Rosa vein, the Fatima zone, and the potential merging of the two Magistral zones, the mine is indeed a Santander Claus."

More Expert Comments

Experts Following This Company

Barry Allan, Vice Chair of Mining Group, and Senior Mining Analyst – Mackie Research Capital
Alberto Arispe, Gerente General – Kallpa Securities S.A.B.
Peter Campbell, Analyst – Mackie Research Capital
Ricardo Carrión, Mng Dir Corp Finance & Cap Mkts – Kallpa Securities S.A.B.
Chad Ellison, Analysts – Dundee Capital Markets
Joseph Gallucci, Senior Mining Research Analyst – Dundee Capital Markets
Raymond Goldie, Analyst – Salman Partners
Wayne Hewgill, Analyst – Mackie Research Capital
Heiko Ihle, Managing Director – H.C. Wainwright & Co., Rodman & Renshaw
Stefan Ioannou, Mining Analyst – Haywood Securities
Adam Low
Derek Macpherson, Analyst – M Partners
David Morgan, Publisher – Silver Investor
Ian Parkinson, Director of Equity Research, Mining – GMP Securities
Philip Richards, Fund Manager – RAB Capital Limited
Alex Terentiew, Mining Analyst – Raymond James
Mark Turner, Analyst – Scotia Capital
Jeff Woolley – Paradigm Capital

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Investing Highlights
One producing zinc-lead-silver mine in Peru and a second mine in Canada coming online in 2015.
All of the mine resources remain open with significant new discoveries.
The only primary zinc producer on the TSX, poised to benefit from forecast zinc shortages.
catalyst Calendar
Ramp up Caribou Mine production