|December 10, 2008|
Trevali Receives Transmission Line Permit Upgrades Santander - Tingo Hydroelectric Substation
Vancouver, British Columbia... Trevali Resources Corp. ("Trevali" or the "Company") (CNSX: TV, Frankfurt: 4TI, Pink Sheets: TREVF) is pleased to announce that it has recently completed the Santander -- Tingo hydroelectric substation upgrades in addition to obtaining permits and right-of-ways to construct a 60 KV power-line connecting its Santander Mine site to the Peruvian national energy grid -- Sistema Eléctrico Interconectado Nacional (SEIN).
With a power supply in place, Trevali's Santander Mine will be 100% self-sufficient for power requirements as well as able to sell the surplus capacity. The hydroelectric plant will ultimately provide 8.1 MW -- meeting all power-requirements for high-grade silver-lead, zinc and copper mining operations and providing up to 3 MW of excess power for sale into the Peruvian national grid.
"Trevali is rapidly moving forward with its plans to become a mining and power-generation company," states Dr. Mark Cruise, President and CEO of Trevali. "The Tingo hydroelectric upgrade plan will provide a 100% renewable power supply as well as a year-round, low-risk, revenue stream independent of mining cycles. Peru's power requirements are anticipated to grow at approximately 10% per year or 400-500 MW going forward and the latest estimates suggest a 7% GDP growth rate for 2009 -- Peru will continue to out-perform all other South American countries and much of the rest of the world as an investing environment through 2009 and beyond".
The Company commenced exploration at Santander in November 2007 -- and to date has completed 100 diamond drill-holes, discovering three new high-grade silver-lead-zinc replacement and massive sulphide bodies. Most recently, deep drilling has intersected the continuation of all three Magistral bodies to 350-metres vertical depth with mineralization remaining open. Elsewhere, out-cropping high-grade silver mineralization with values up to 17.9 oz (558 g/t silver) at Puajanca is a high--priority drill target.
Substantial site infrastructure at the formerly-producing operation includes a fully refurbished 200-man camp and associated support facilities, an ore processing / concentrator plant (including various crushers, mills, flotation cells and filters) able to produce zinc, lead-silver and copper concentrates that is currently undergoing a refurbishment program, and the Tingo hydroelectric power-station located some 17-km down-valley to the west. The Santander project and the considerable existing infrastructure form a highly strategic asset in this mining district.
Qualified Person and Quality Control/Quality Assurance
EurGeol Dr. Mark D. Cruise, Trevali's President and CEO and a qualified person as defined by National Instrument 43-101, has supervised the preparation of the scientific and technical information that forms the basis for this news release. Dr. Cruise is not independent of the Company, as he is an officer and shareholder.
About Trevali Resources Corp.
The Company is currently exploring and conducting various scoping level studies on the former Santander polymetallic mine in Peru to ascertain as best as possible the feasibility of re-commencing mining and milling operations in a timely manner upon successful exploration and engineering studies.
The common shares of the Company are currently listed on the CNSX (symbol TV). For further details on the Company readers are referred to the Company's web site (www.trevaliresources.com) and to Canadian regulatory filings on SEDAR at www.sedar.com.
On Behalf of the Board of Directors of
TREVALI RESOURCES CORP.
"Mark D. Cruise" (signed)
Mark D. Cruise, President
Steve Stakiw, Manager - Corporate Communications
Phone: (604) 488-1661 / Fax: (604) 408-7499
The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
You can view the Next News item: Wed Jan 7, 2009, Trevali produces marketable high-grade silver-lead-zinc concentrates from Santander mine project in Peru
You can view the Previous News item: Wed Dec 3, 2008, Additional silver-rich intersections expand Trevali's Magistral Central sulphide body on the Santander Silver-Lead-Zinc mine project in Peru
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