Make Kitco Your Homepage

Trevali begins trucking ore concentrate in New Brunswick

Kitco News

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

(Kitco News) - Trevali Mining (TSX: TV) (BVL: TV) (OTCQX: TREVF) announced that the Caribou mine, located 50 kilometres west of Bathurst New Brunswick, Canada, has trucked its first ore concentrate on March 30th, 2021, since announcing the planned restart of operations on January 15, 2021.

On February 10, 2021, Trevali restarted operations at the Caribou mine, which had been on care and maintenance since March 2020. Since reopening, rehabilitation of the main ramp, underground operating levels and access ways has been completed. Additionally, testing of surface infrastructure, including the mill, was successfully completed.

The first ore was brought to surface and delivered to the stockpile on March 6, 2021. The mill's first twenty-four-hour production period without interruption took place on March 25th, 2021. The Caribou operations team plans to process 2,600 to 2,800 tonnes of ore per day for the remainder of 2021 representing 60-65 million pounds of zinc and shipping concentrate at regular intervals throughout the year.

Trevali is a global base-metals mining company headquartered in Vancouver, Canada. The bulk of Trevali's revenue is generated from base-metals mining at its four operational assets: the 90%-owned Perkoa mine in Burkina Faso, the 90%-owned Rosh Pinah mine in Namibia, the wholly-owned Caribou mine in northern New Brunswick, Canada and the wholly-owned Santander mine in Peru.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.