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Trevali Reports Record Preliminary Q4-2017 and 2017 Annual Production, and Provides 2018 Production and Cost Guidance
Trevali Reports Record Preliminary Q4-2017 and 2017 Annual Production, and Provides 2018 Production and Cost Guidance.
About this update from Trevali Mining Corp.
[{"type":"text","content":"\n \n \n Trevali Reports Record Preliminary Q4-2017 and 2017 Annual Production, and Provides 2018 Production and Cost Guidance\n \n \nTrevali Reports Record Preliminary Q4-2017 and 2017 Annual Production, and Provides 2018 Production and Cost Guidance\n\nPreliminary Q4 zinc production of 104.8-million payable lbs; 13.5-million lbs payable lead and 396,899 oz payable silver\n\n \n VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 15, 2018) - Trevali Mining Corporation (\"Trevali\" or the \"Company\") (TSX:TV)(LMA:TV)(OTCQX:TREVF)(FRANKFURT:4TI) reports preliminary consolidated fourth quarter (\"Q4\") 2017 production of 104.8-million payable pounds of zinc, 13.5-million payable pounds of lead and 396,899 payable ounces of silver. Preliminary 2017 annual production was 177.4-million payable pounds of zinc, 45.8-million payable pounds of lead and 1,561,508 payable ounces of silver.\n \n \n \n Table 1: 2017 Preliminary Consolidated Production\n \n \n \n Q4-2017\n Q4-2016\n 2017(1)\n 2016\n \n \n Tonnes Mined\n 832,878\n 415,523\n 1,924,383\n 1,166,381\n \n \n Tonnes Milled\n 818,690\n 469,723\n 2,070,442\n 1,300,037\n \n \n Concentrate Produced DMT (Dry Metric Tonnes):\n \n \n \n \n \n \n \n Zinc\n 113,284\n 42,275\n 198,550\n 110,027\n \n \n \n Lead\n 15,442\n 13,284\n 53,784\n 34,335\n \n \n Payable Production:\n \n \n \n \n \n \n \n Zinc (million lbs)\n 104.8\n 36.8\n 177.4\n 98.0\n \n \n \n Lead (million lbs)\n 13.5\n 11.3\n 45.8\n 33.0\n \n \n \n Silver (000 ozs)\n 396.9\n 409.7\n 1,561.5\n 1,215,9\n \n \n \n \n \n \n (1)\n 2017 preliminary production includes September-December 2017 production from Perkoa and Rosh Pinah reflecting the closure of the African zinc asset acquisition from Glencore on August 31, 2017. Production from April 1 to August 31, 2017 was treated as part of the working capital adjustments captured in the purchase price calculation.\n \n \n \n Q4-2017 and 2017 Annual Operational Highlights\n \n \n Record overall consolidated Q4-2017 and 2017 annual zinc and lead production.\n Highest annual zinc production, mill throughput and mine output at the Perkoa mine.\n Record quarterly metal production, mine output and mill throughput at the Caribou mine with continued ongoing operational improvements following transition to owner-operated mining activities.\n Rosh Pinah mill re-grind circuit completed in Q4 and antici...