Trevali Mining Corporation Reports Preliminary Santander Mine Production Results for the Fourth Quarter and Full Year Ending December 31, 2016; Provides Production Guidance of the Caribou Mine and Santander Mine for 2017
For the full year, the company reported preliminary zinc production was approximately 98 million payable pounds zinc, 33 million payable pounds lead and 1.2-million payable ounces of silver, a new annual record and reflective of the commencement of commercial production at the Caribou Mine.
Production guidance for 2017 from the company's Caribou mine is estimated at approximately 90-93 million pounds of payable zinc in concentrate, 30-32 million pounds of payable lead in concentrate and 800,000-900,000 ounces of payable silver.
Production guidance for 2017 from the company's Santander Mine is estimated at approximately 63-65 million pounds of payable zinc in concentrate, 12-14 million pounds of payable lead in concentrate and 700,000-900,000 ounces of payable silver.