Trevali reports flooding at its Perkoa mine
VANCOUVER, BC, April 16, 2022 /CNW/ – Trevali Mining Company (“Trevali” or the “Company”) (TSX: TV) (BVL: TV) (OTCQX: TREVF) (Frankfurt: 4TI) announces that early this morning flooding occurred after heavy rains during which the Company’s Perkoa mine at Burkina Faso was flooded in some areas. The mine was evacuated and mine rescue efforts were immediately initiated and are continuing. Eight workers are currently missing underground.
The incident was reported to the Burkinabe authorities. Mining and milling operations at Perkoa have been suspended and the Company is now working closely with the authorities to respond effectively.
Ricus Grimbeek, President and CEO, said: “We are deeply saddened by this unexpected event. Our immediate priority is search and rescue. Our hearts go out to the family, friends and colleagues who have been affected.”
The Company will provide further details by press release as more information becomes available.
About Trevali Mining Corporation
Trevali is a global base metals mining company headquartered in Vancouver, Canada. Most of Trevali’s revenues come from the production of zinc and lead concentrates at its three operating assets: the Perkoa mine, 90% owned in Burkina Fasothe Rosh Pinah mine, 90% owned Namibiaand the wholly-owned Caribou mine in the north New Brunswick, Canada. In addition, Trevali owns the Halfmile and Stratmat properties and the Restigouche deposit in New Brunswick, Canada. Trevali also holds a 44% effective interest in the Gergarub project in Namibiaas well as an option to acquire a 100% interest in the Heath Steele deposit located at New Brunswick, Canada. The company’s growth strategy is focused on the exploration, development, exploitation and optimization of the properties in its portfolio, as well as other mining assets that it may acquire and which correspond to its strategic criteria. . Trevali’s vision is to be a responsible, leading operator of long-lived, low-cost mines in stable mining-friendly jurisdictions. Trevali is committed to socially responsible mining, working safely, ethically and with integrity. Incorporating responsible practices into its management systems, standards and decision-making processes is essential to ensure the long-term sustainability of each and every community.
Trevali shares are listed on the TSX (symbol TV), OTCQX (symbol TREVF), Lima Stock Exchange (symbol TV) and Frankfurt Stock Exchange (symbol 4TI). For more details on Trevali, readers are referred to the Company’s website (www.trevali.com) and Canadian regulatory filings on SEDAR at www.sedar.com.