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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:

Peter Campbell, Mackie Research Capital (4/16/15)
"Trevali Mining Corp. has released drill results today for a 50.9m intersection grading 5.08% Zn, 1.76% Pb, 0.37% Cu, 59.66 g/t Ag and 1.63 g/t Au at its Caribou mine. . .this is a significant intersection that lies approximately 200m outside of the currently defined Measured and Indicated resource and was intersected at a vertical depth of approximately 550m depth. . .while this is only one hole, this appears to be very positive news that could lead to a significant resource expansion at Caribou."

Derek Macpherson, M Partners (4/15/15)
"Trevali Mining Corp. reported Q1/15 production results that were modestly ahead of our estimates, suggesting to us that operations have reached steady state. . .overall, we view the quarter positively as it should provide investors additional confidence in the company's ability to bring Caribou into production. . .we believe that the better-than-expected recoveries seen in Q1/15 are likely to persist."

Joseph Gallucci, Dundee Capital Markets (4/14/15)
"Trevali Mining Corp. announced production results from Santander in Q1/15. . .beating our estimates for payable zinc (12.5 Mlb vs. our 12.3 Mlb), lead (7.4 Mlb vs. our 6.2 Mlb) and silver (255 Koz vs. our 237 Koz). . .Santander's solid performance provides a great foundation to focus on Caribou, the company's next mine. We believe Trevali's stock is the best vehicle for zinc leverage on the Toronto Stock Exchange. . .we have a Buy, Top Pick rating with a CA$2.00 target on the stock."

Alex Terentiew, Raymond James (4/14/15)
"Trevali Mining Corp. reported solid production results from its Santander mine in Peru, with mill performance improvements continuing into 2015. While the company's next leg of growth at Caribou is only months away from being realized, bringing with it production diversification and for the first time putting Trevali in a positive free cash flow generating position, Santander's continued improvement has given the company a firm foundation. . .Trevali remains one of our top picks among our covered base-metal producers, and we reiterate our Outperform rating. We raised our target price to CA$1.60 (from CA$1.50) on slightly higher cash flow expectations for 2015."

Ian Parkinson, GMP Securities (4/14/15)
"Trevali Mining Corp. released Q1/15 production results that beat our estimates across all metals. . .approximately 12.5 Mlb payable zinc, 7.4 Mlb payable lead and 254,800 oz payable silver. . .average mill throughput was approximately 2,060 tpd, which is above the design rate of 2,000 tpd. Similarly, recoveries of 90% for zinc, 90% for lead and 80% for silver were also above design capacity. The company plans to continue focusing on site optimization and business efficiencies through 2015. . .at the Caribou mine, commissioning remains on track for Q2/15. . .Trevali remains on track to meet 2015 production guidance."

Jeff Woolley, Paradigm Capital (4/7/15)
"Trevali Mining Corp. reported 2014 revenue of $94M. . .the Santander mine continued to post solid operating results in Q4/14, bringing full-year production to 92 Mlb Zn eq at a C1 cash cost of $0.69/lb, exceeding management's original guidance by 25% and revised guidance and our forecast by 2–3%. . .the company remains the best independent zinc growth story."

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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
Q1
2015
Q2
2015
Q3
2015
Ramp up Caribou Mine production
Trevali Mining Corp. Content