Trevali Provides Update on COVID-19 Cases at Santander
July 03 2020 - 11:00PM
Trevali Mining Corporation
(“Trevali” or the
“Company”) (TSX: TV, BVL: TV; OTCQX: TREVF,
Frankfurt: 4TI) announced on June 26th that 19 workers at
the Santander mine in Peru tested positive for COVID-19 during
routine serological testing. In response, operations at Santander
were suspended and all 298 workers on site were safely quarantined
and underwent further testing. A total of 82 workers have tested
positive for COVID-19 using polymerase chain reaction (PCR) tests.
Three individuals are currently displaying mild symptoms while all
other workers are presently asymptomatic. Operations remain
suspended to focus on the health and safety of Santander’s
workforce and the community.
The Santander operation has health professionals
in place to monitor and provide medical support to the workforce
and additional resources are being brought in where required.
Workers that tested negative and who are not required for critical
tasks at the operation are being transported offsite to their
homes. Workers who have tested positive will remain in safe
quarantine for up to two weeks. If symptoms develop, the affected
workers will be transported to medical facilities for
treatment.
Ricus Grimbeek, President and CEO, stated, “Care
for our workforce is our top priority. We have suspended the mining
and milling operations at Santander and are focusing on providing a
safe environment to workers so that they can continue their
quarantine. I am grateful that the vast majority of workers
affected are currently asymptomatic with the remaining few showing
mild symptoms, and to the team for their quick action in following
the plan that we put in place at the onset of the pandemic. We are
working with our main contractors and government to determine new
screening and testing protocols before we determine a re-start
date. The health and well-being of workers will be our primary
focus in any decisions made.”
ABOUT TREVALI
Trevali is a global base-metals mining company,
headquartered in Vancouver, Canada. The bulk of Trevali’s revenue
is generated from base-metals mining at its three operational
assets: the 90%-owned Perkoa Mine in Burkina Faso, the 90%-owned
Rosh Pinah Mine in Namibia, and the wholly-owned Santander Mine in
Peru. In addition, Trevali owns the Caribou Mine, Halfmile and
Stratmat Properties and the Restigouche Deposit in New Brunswick,
Canada, and the past-producing Ruttan Mine in northern Manitoba,
Canada. Trevali also owns an effective 44%-interest in the Gergarub
Project in Namibia, as well as an option to acquire a 100% interest
in the Heath Steele deposit located in New Brunswick, Canada.
The shares of Trevali are listed on the TSX
(symbol TV), the OTCQX (symbol TREVF), the Lima Stock Exchange
(symbol TV), and the Frankfurt Exchange (symbol 4TI). For further
details on Trevali, readers are referred to the Company’s website
(www.trevali.com) and to Canadian regulatory filings on SEDAR at
www.sedar.com.
Investor Relations and Media
Contact:Brendan Creaney – Vice President, Investor
RelationsEmail: bcreaney@trevali.comPhone: +1 (778) 655-6070
Cautionary Note Regarding
Forward-Looking Information
This news release contains “forward-looking
information” within the meaning of Canadian securities legislation
and “forward-looking statements” within the meaning of the United
States Private Securities Litigation Reform Act of 1995
(collectively, “forward-looking statements”). Forward-looking
statements are based on the beliefs, expectations and opinions of
management of the Company as of the date the statement is
published, and the Company assumes no obligation to update any
forward-looking statement, except as required by law.
Forward-looking statements relate to future events or future
performance and reflect management’s expectations or beliefs
regarding future events including, but not limited to, statements
with respect to the Company’s operations, including the temporary
suspension of operations at the Santander mine and the Company's
efforts to minimize the impacts of same, the refinement of
practices for the screening and prevention of COVID-19, discussions
with government authorities and other stakeholders, and the timing
of the resumption of operations at Santander. By their very nature,
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking statements. Such
factors include, among others, risks related to changes in project
parameters as plans continue to be refined; future prices of zinc,
lead, silver and other minerals and the anticipated sensitivity of
our financial performance to such prices; possible variations in
ore reserves, grade or recoveries; dependence on key personnel;
potential conflicts of interest involving our directors and
officers; labour pool constraints; labour disputes; availability of
infrastructure required for the development of mining projects;
delays or inability to obtain governmental and regulatory approvals
for mining operations or financing or in the completion of
development or construction activities; counterparty risks;
increased operating and capital costs; foreign currency exchange
rate fluctuations; operating in foreign jurisdictions with risk of
changes to governmental regulation; risks relating to widespread
epidemics or pandemic outbreak including the COVID-19 pandemic; the
impact of COVID-19 on our workforce, suppliers and other essential
resources and what effect those impacts, if they occur, would have
on our business; compliance with environmental laws and
regulations; land reclamation and mine closure obligations;
challenges to title or ownership interest of our mineral
properties; maintaining ongoing social license to operate; impact
of climatic conditions on the Company’s mining operations;
corruption and bribery; limitations inherent in our insurance
coverage; compliance with debt covenants; competition in the mining
industry; our ability to integrate new acquisitions into our
operations; cybersecurity threats; litigation and other risks and
uncertainties that are more fully described in the Company’s most
recent annual information form filed and available for review under
the Company’s profile on SEDAR at www.sedar.com. Although the
Company has attempted to identify important factors that could
cause actual actions, events or results to differ materially from
those described in forward-looking statements, there may be other
factors that cause actions, events or results not to be as
anticipated, estimated or intended. Trevali provides no assurance
that forward-looking statements will prove to be accurate, as
actual results and future events may differ from those anticipated
in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements.
Source: Trevali Mining Corporation
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