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Trevali reports positive Preliminary Economic Assessment of Halfmile-Stratmat Zinc-Lead-Silver Deposits in New Brunswick
Trevali reports positive Preliminary Economic Assessment of Halfmile-Stratmat Zinc-Lead-Silver Deposits in New Brunswick.
About this update from Trevali Mining Corp.
[{"type":"text","content":"\n \n \n Trevali reports positive Preliminary Economic Assessment of Halfmile-Stratmat Zinc-Lead-Silver Deposits in New Brunswick\n \n \nTrevali reports positive Preliminary Economic Assessment of Halfmile-Stratmat Zinc-Lead-Silver Deposits in New Brunswick\n\nBase case 'stand-alone' Halfmile-Stratmat project indicates post-tax IRR of 19%;\nAlternate case leveraging Caribou infrastructure indicates post-tax IRR of 25%\n\n \n VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 6, 2017) - Trevali Mining Corporation (\"Trevali\" or the \"Company\") (TSX:TV)(OTCQX:TREVF)(LMA:TV)(FRANKFURT:4TI) announces results of a jointly prepared Preliminary Economic Assessment (\"PEA\") led by SRK Consulting (Canada) Inc. (\"SRK\") for its wholly-owned Halfmile-Stratmat massive sulphide zinc-lead-silver deposits in the Bathurst Mining Camp of New Brunswick, Canada.\n Under the base case PEA both the Halfmile and Stratmat deposits are fed to a new 3,000 tonne-per-day Concentrator plant located at the Stratmat site. Results indicate positive economics with a pre-production capital expenditure of Cdn$231 million, a post-tax Internal Rate of Return (\"IRR\") of 19%, post-tax Net Present Value (\"NPV\") of Cdn$99 million at an 8% discount rate, a mine life of 13 years with peak annual payable production of approximately 117 million lbs. zinc, 35 million lbs. lead, 2 million lbs. copper and 766,000 oz. silver (Table 1). The alternative case PEA examined the feasibility of transporting pre-concentrated dense media feed (\"DMS\") to the Company's Caribou concentrator plant. This study indicates economic results with an estimated pre-production capital expenditure of Cdn$156 million, a post-tax IRR of 25%, post-tax NPV of Cdn$116 million at an 8% discount rate (Table 1).\n \n \n \n Table 1: Halfmile-Stratmat Project Preliminary Economic Assessment Highlights:\n (based on US$1.15/lb Zn, US$0.95/lb Pb, US$2.72/lb Cu, US$19/oz Ag, US$1283.90/oz Au and Canadian dollar exchange rate of US$0.79) (no credits for Au, all values in Canadian $'s unless noted otherwise)\n \n \n \n Base Case: New Concentrator at Stratmat Site\n Alternate Case: DMS feed transported and processed in the Caribou Concentrator\n \n \n IRR\n \n \n \n Pre-tax IRR of 23% with a 3.4-year payback\n Post-tax IRR of 19% with a 3.6-year payback \n \n \n \n \n \n \n Pre-tax IRR of 34% with a 2.9-year...