Articles Tagged "TSX:TV"

Trevali Bought-Deal Financing Increased to $30 Million

Zinc – Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) amended its previous agreement with Dundee Securities Ltd. on behalf of a syndicate of underwriters. The Underwriters will now purchase, 30,000,000 common shares of Trevali for gross proceeds of $30,600,000 by way of short form prospectus. The option to purchase an additional 15% of the offering has been granted to the Underwriters. The offering is expected to close on or about June 11, 2015.

Trevali Releases Updated Resource Estimate for Stratmat Deposit

Lead – Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) announced an updated resource estimate for its Stratmat Deposit in New Brunswick: Indicated resource of 4.7 million tonnes grading 5.31% zinc, 2.07% lead, 0.41% copper, 48.52 g/t silver and 0.59 g/t gold, and an Inferred resource of 2.40 million tonnes grading 4.76% zinc, 2.07% lead, 0.70% copper, 38.82 g/t silver and 0.42 g/t gold; using a 5% ZnEq cutoff. According to CEO Dr. Mark Cruise, "The resource estimate has successfully increased the Companies confidence in the Stratmat deposit and added significant new tonnage, all very important for the next phase as Trevali advances its growth plans for the Bathurst Mining Camp."

Trevali Announces Caribou Mine Mill Commissioning

Silver – Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) announced that mill commissioning has begun at its Caribou Zinc Mine in New Brunswick. Initial commissioning will begin with low-grade material as the operators bring the grinding and flotation circuits up to specification. Once sufficient operational data is obtained, tentatively shceduled around July-August, Trevali will begin to mobilize its senior metallurgical consultant to site to provide additional technical and metallurgical support capacity. Dewatering at the mill is ongoing and continues to progress following a heavy Spring melt.

2015 OTCQX Best 50: Strong Performance from Gold Stocks

Gold – OTC Markets Group recently released its 2015 OTCQX Best 50 list, which ranks the top-performing companies on the OTCQX Best Marketplace in 2014. Here's a look at the top 10 companies from the resource space.

Trevali Mining’s Paste Backfill Tests at Caribou Indicate Feasibility

Zinc – Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) reported that a paste backfill test work, conducted by paste backfill consultancy Kovit Engineering from Sudbury, indicated that it is technically feasible to produce a paste backfill with the desired strength and flow characteristics from tailings material taken from Caribou.