VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/06/13 -- Trevali Mining Corporation ("Trevali" or the "Company") (TSX: TV)(LMA: TV)(OTCQX: TREVF)(FRANKFURT: 4TI) announces the appointment of Mr. Peter Meredith to the Board of Directors of the Company.
An experienced and well respected mining executive, Mr. Meredith is a Chartered Accountant, a member of the Canadian Institute of Chartered Accountants and the Institute of Corporate Directors. Professionally he spent 31 years with Deloitte & Touche LLP, Chartered Accountants and has extensive experience in regulatory compliance and corporate finance, with an emphasis on public resource companies.
Mr. Meredith was appointed to the Board of Directors of Turquoise Hill Resources Ltd. (previously Ivanhoe Mines Ltd.) in 2005 and served as its Deputy Chairman from May 2006 until April 2012. He also served as Ivanhoe's Chief Financial Officer from June 1999 to November 2001 and from May 2004 to May 2006. Additionally he was CEO of SouthGobi Resources Ltd. from June 2007 until October 2009 and then served as its Chairman from October 2009 until September 2012. He has served on the Board of Directors of many companies, including but not limited to, Turquoise Hill Resources Ltd., Great Canadian Gaming Corp., China Gold International Resources Corp Ltd., SouthGobi Resources Ltd., Ivanhoe Energy Inc., Entree Gold Inc., Ivanhoe Australia Ltd., Asia Gold Corp., Besra Gold Inc. (formerly Olympus Pacific Minerals Inc.), Jinshan Gold Mines Inc. and Peregrine Diamonds.
During his tenure with the Ivanhoe Group of Companies he participated in raising more than US$4 billion to advance the business interests of various companies within the group.
"We are very pleased to have Peter join Trevali's Board and look forward to his input and deep financial sector experience as we transition from mine developer to producer where we are uniquely positioned to benefit from anticipated zinc deficits," stated Dr. Mark Cruise, Trevali's President and CEO.
Mr. Meredith will be replacing Mr. Ted Bassett, who has resigned from the Board of Directors. The Company would like to express its sincere thanks to Ted for his service on the Board.
ABOUT TREVALI MINING CORPORATION
Trevali is a zinc-focused base metals development company with active operations in Canada and Peru.
In Peru, the Company is nearing production at its Santander zinc-lead-silver mine where commissioning is expected soon and subsequent ramp up to the planned 2,000-tonnes-per-day production is anticipated by mid-year 2013.
In Canada, Trevali owns the Caribou mine and mill, Halfmile mine and Stratmat polymetallic deposit all located in the Bathurst Mining Camp of northern New Brunswick. Initial trial production from the Halfmile underground mine was successfully undertaken in 2012 and the Company anticipates commencing operations at its 3,000-tonne-per-day Caribou Mill Complex in early-2014.
All of the Company's deposits remain open for expansion.
The common shares of Trevali are listed on the TSX (symbol TV), the OTCQX (symbol TREVF) and on the Lima Stock Exchange (symbol TV). Warrants to purchase common shares of Trevali are listed on the TSX (symbol TV.WT). For further details on Trevali, readers are referred to the Company's web site (www.trevali.com) and to Canadian regulatory filings on SEDAR at www.sedar.com.
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