Issue link: http://resourceworld.uberflip.com/i/263953
www.resourceworld.com 35 F E B R U A R Y / M A R C H 2 0 1 4 Roger Lemaitre, President and CEO +1 (604) 669-2349 Four high-grade deposits: Kianna, Anne, Colette and 58B Existing resources are open for expansion in all directions Excellent untested potential for additional discoveries on the property Three deposits: Horseshoe, Raven and West Bear Horseshoe and Raven are located close to operational uranium mills Preliminary economic assessment completed Largest undeveloped N.I. 43-101 uranium resource in the Athabasca Basin Sixth largest undeveloped N.I. 43-101 uranium resource in the Athabasca Basin uex@uex-corporation.com a copper recovery circuit in the Caribou mill. There is also a metallurgical and geochemical laboratory on site as well as a permitted tail- ing treatment facility. The company intends to restart operations later this year. Acquired by Trevali in 2011, the Halfmile Mine is a fully permitted and developed underground mine. Trial mining in 2012 and toll milling at Xstrata's Brunswick #12 mill produced a quality, saleable concentrate (53.7% zinc, 45.8% lead with 680 g/t silver, 27% copper with 325 g/t silver and 2.7 g/t gold). Indicated resources stand at 6.3 million tonnes of 8.1% zinc, 2.6% lead, 0.22% cop - per and 30.8 g/t silver. Inferred resources are 6.1 million tonnes of 6.7% zinc, 1.8% lead, 0.14% copper and 20.5 g/t silver. These resources, which still remain open to expan- sion, would provide for a mine life of over 10 years at 2,000 tpd. Deep drilling at the Halfmile Mine has returned 5.7 metres of 9.88% zinc and 2.33% lead. Twenty km from the Halfmile Mine, Trevali has the Stratmat deposit which is a drill-delineated deposit in the permitting stage. Inferred resources are 5.5 million tonnes of 6.1% zinc, 2.6% lead, 0.4% cop - per, 54.2 g/t silver and 0.6 g/t gold. Located adjacent to the past-producing Heath Steele Mine, Stratmat is a near-surface sulphide body with eight mineralized zones that is open along strike and to depth. There is power, water treatment facilities and a tail - ings basin. A multi-phase drilling program is under way. Trevali Mining has 279 million shares outstanding with funds and institutions owning between 35% and 40% of the stock. Glencore Xstrata has a 6.2% interest. With the closure of Xstrata's Brunswick #12 Mine last May, Trevali Mining is emerg - ing as the dominant mining company in the Bathurst Mining Camp. The company is fully funded and has a First Nations Impact Benefit Agreement in place. The price of zinc has been firming up and with zinc supplies decreasing and zinc consumption forecast to grow at 3-5% annually; this provides Trevali Mining the opportunity to become a profit - able zinc miner. n