Zinc Company 'Smoothly' Integrates Mine Acquisitions

(MENAFN- Investors Ideas) September 21, 2017 (Investorideas.com Newswire) An analyst with Haywood Securities explained the potential of this base metals miner's new African assets.

"The recent acquisitions will help to position as an intermediate producer with a strong base to build from," concluded Pierre Vaillancourt, analyst with Haywood Securities, in a Sept. 14 research report following a visit to the Rosh Pinah mine in Namibia and a meeting with management from the Perkoa mine in Burkina Faso. "Trevali, in our view, is better positioned as a smaller producer to add value to the mines."

Vaillancourt added that efforts to improve production at both mines are "in progress."

At Rosh Pinah, upgrades are being implemented, "which should be complete by year-end and are expected to increase throughput and lower costs," indicated Vaillancourt. "Most notably, changes to the flotation plant are expected to lead to recovery and concentrate grade increases."

At Perkoa, due to a change in mining contractor earlier in 2017, "the mine has improved production results," Vaillancourt noted. "It has higher stope flexibility, has successfully implemented cement rock fill and mining of secondary stopes and has higher equipment performance and capacity on site, which led to record production for August, 2017." To reduce costs, the "decision on a heavy fuel plant for Perkoa" should be made in October.

In terms of reserves at both operations long term, the "outlook is attractive," the analyst wrote, and drill programs at both properties continue.

At Rosh Pinah, there are the life-of-mine reserve of "7.6 years based on 5 Mt at 8.8% Zn" along with Measured and Indicated resources of 6.5 Mt at 8.2% Zn and a conceptual resource of 13 Mt at 10% Zn," Vaillancourt detailed.

At Perkoa, he added, which "is wide open," the high-grade deposit is open to depth" and "45 targets along the Perkoa mine horizon" have been identified.

Haywood Securities has a Buy rating and CA$2 per share price target on Trevali, whose stock is currently trading at CA$1.42 per share.

Read what other experts are saying about:

Disclosure:

1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.

2) The following companies mentioned in this article are sponsors of Streetwise Reports: Trevali Mining Corp. Streetwise Reports does not accept stock in exchange for its services. Click for important disclosures about sponsor fees. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers.

4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal . This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info:

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: . Global investors must adhere to regulations of each country.

MENAFN2209201701420000ID1095887018

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.