Hi all
An interesting read on Trevali Mining (TSE: TV) - $297 Million Market Cap / Canadian Dollars I will assume.
http://www.mining.com/big-bump-for-trevali-shares-after-positive-pea-for-caribou-59700/
Do the sums - Trevali Mining (TSE: TV)
The PEA outlines a 6.2 million tonne resource grading 6.11% zinc, 2.49% lead, 0.34% copper, 67.9 g/t silver, and 0.86 g/t gold.
Life of mine (6.3 years) average annual production is estimated at 93 million pounds of zinc, 33 million pounds of lead, 3 million pounds of copper, 730,000 ounces of silver and a some 1,500 ounces of gold.
IBG - Market Cap - $25 Million Approx. Aus Dollar
The Citronen Zinc-Lead Project represents one of the world’s largest undeveloped zinc-lead resources with a resource in excess of 13 billion pounds of contained zinc and lead metal.
Estimated 14 year mine life
Looking good for Us once funding in-place.
Cheers.
Hi all An interesting read on Trevali Mining (TSE: TV) - $297...
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