Trevali Mining Corporation Announces Consolidated Operating Results for the Fourth Quarter and Full Year of 2017; Provides Production and Capital Expenditure Guidance for the Year 2018
For the year, annual production was 177.4-million payable pounds of zinc, 45.8-million payable pounds of lead and 1,561,508 payable ounces of silver. Tonnes Mined was 1,166,381 as compared to 415,523 a year ago. Tonnes Milled was 2,070,442 as compared to 1,300,037 a year ago.
The company provided production and capital expenditure guidance for the year 2018. For the year, consolidated production guidance for 2018 is estimated between 400 and 427 million pounds of payable zinc, 43.8 and 46.0 million pounds of payable lead and 1.4 and 1.47 million ounces of payable silver. Capital expenditures are expected to be approximately $74 million.