It took Trevali Mining (TSX: TV; US-OTC: TREVF) just six months to move its Santander zinc-lead-silver mine in Peru from commissioning to commercial production this week, and now the Vancouver-based company says it’s ready to focus on the development of its Caribou zinc-rich polymetallic project in eastern Canada, which it hopes to start commissioning in the first quarter of 2015.
Santander – an underground mine about 200 km northeast of Lima – is expected to produce payable metal this year of 42 million to 45 million lb of zinc, 15 million to 17 million lb of lead and 700,000 to 720,000 oz of silver. Mill throughput is forecast to reach 670,000 to 690,000 tonnes with average head grades of 4.0% to 4.2% Zn, 1.5% to 1.7% Pb and 1.4 to 1.6 oz. opt Ag.
While Santander ranks as a small to medium sized underground zinc mine given its nameplate capacity of 2,000 t/d, Trevali believes there is potential to expand the mine once the team achieves an initial comfort level with the underground conditions.
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