Trevali Mining Corporation
(TSX:TV)(TSX:TV.WT)(OTCQX:TREVF)(LMA:TV)(FRANKFURT:4TI) ("Trevali" or the
"Company") announces the appointment of David Huberman to the Board of Directors
of the Company.


Mr. Huberman was appointed to the Board of Directors of Ivanhoe Mines Ltd.
(recently renamed as Turquoise Hill Resources (NYSE, NASDAQ & TSX)) in
September, 2003 and served as its Lead Independent Director from 2003 until May,
2011 when he was appointed as Chairman of the company. He also served as
Chairman of this company's Corporate Governance & Nominating Committee (2003 -
2012) and as Chairman of the company's Compensation & Benefits Committee in
(2003 - 2008). He also served as a member of this company's Executive Committee
from its formation in March, 2005 until March, 2012. Mr. Huberman is a member of
the Institute of Corporate Directors.


He is the President of Coda Consulting Corp., a business consulting firm, and
has practiced business law from 1972 until 1996 as a senior partner of a
Canadian business law firm, specializing in corporate, commercial, banking,
securities, regulatory and mining law. From 1997 to 1999, he also served as
Executive Vice President and General Counsel of Lions Gate Entertainment Corp.


Mr. Huberman received his B.A. and LL.B. from the University of British Columbia
and his LL.M. from Harvard Law School. He was called to the British Columbia Bar
in 1960 and was a full time member of the Faculty of Law at the University of
British Columbia from 1960 to 1972, specializing in corporate, securities and
administrative law.


"I am extremely pleased to welcome David onto Trevali's Board," said Tony
Holler, Trevali's Chairman. "His extensive experience as a senior Director with
Ivanhoe Mines Ltd. in the development of its world-class Oyu Tolgoi mine in
Mongolia and his corporate and business law background will be valuable assets
as we build Trevali into a significant zinc producer."


ABOUT TREVALI MINING CORPORATION

Trevali is a zinc-focused base metals development company with operations in
Canada and Peru - the Halfmile and Santander mines respectively. In Canada,
Trevali owns the Halfmile zinc-lead-silver mine and Stratmat polymetallic
deposit, and has entered into a definitive agreement to acquire the Caribou Mine
and Mill, all located in the Bathurst Mining Camp of northern New Brunswick. The
Company also has the past-producing Ruttan copper-zinc mine in northern
Manitoba. Initial production from the Halfmile mine commenced in early 2012 and
underground development is ramping up to achieve a planned production rate of
approximately 3,000-tonnes-per-day to feed planned operations at the Company's
Caribou Mill Complex (subject to closure of its acquisition).


In Peru, the Company has the Santander zinc-lead-silver mine and the
former-producing Huampar silver mine, both located in the Central Peruvian
Polymetallic Belt. Mine commissioning is anticipated to commence at the
Santander operation in Q4-2012 with ramp up to full 2,000-tonnes-per-day
production to follow shortly thereafter. Additionally through its wholly-owned
subsidiary, Trevali Renewable Energy Inc., Trevali is undertaking a significant
upgrade of its wholly-owned Tingo run-of-river hydroelectric generating facility
along with transmission line upgrades and extensions to allow, in addition to
supplying power to the mining operation on the property, the potential sale of
surplus power into the Peruvian National Energy Grid.


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.


On Behalf of the Board of Directors of TREVALI MINING CORPORATION

Mark D. Cruise, President

This news release contains "forward-looking statements" within the meaning of
the United States private securities litigation reform act of 1995 and
"forward-looking information" within the meaning of applicable Canadian
securities legislation. Statements containing forward-looking information
express, as at the date of this news release, the Company's plans, estimates,
forecasts, projections, expectations, or beliefs as to future events or results
and the company does not intend, and does not assume any obligation to, update
such statements containing the forward-looking information. Such forward-looking
statements and information include, but are not limited to statements as to: the
accuracy of estimated mineral reserves and resources, anticipated results of
future exploration, and forecast future metal prices, anticipated results of
future electrical sales and expectations that environmental, permitting, legal,
title, taxation, socio-economic, political, marketing or other issues will not
materially affect estimates of mineral reserves. These statements reflect the
Company's current views with respect to future events and are necessarily based
upon a number of assumptions and estimates that, while considered reasonable by
the Company, are inherently subject to significant business, economic,
competitive, political and social uncertainties and contingencies.


These statements reflect the Company's current views with respect to future
events and are necessarily based upon a number of assumptions and estimates
that, while considered reasonable by the company, are inherently subject to
significant business, economic, competitive, political and social uncertainties
and contingencies. Many factors, both known and unknown, could cause actual
results, performance or achievements to be materially different from the
results, performance or achievements that are or may be expressed or implied by
such forward-looking statements contained in this news release and the company
has made assumptions and estimates based on or related to many of these factors.
Such factors include, without limitation: fluctuations in spot and forward
markets for silver, zinc, base metals and certain other commodities (such as
natural gas, fuel oil and electricity); fluctuations in currency markets (such
as the Peruvian sol versus the U.S. dollar); risks related to the technological
and operational nature of the Company's business; changes in national and local
government, legislation, taxation, controls or regulations and political or
economic developments in Canada, the United States, Peru or other countries
where the Company may carry on business in the future; risks and hazards
associated with the business of mineral exploration, development and mining
(including environmental hazards, industrial accidents, unusual or unexpected
geological or structural formations, pressures, cave-ins and flooding); risks
relating to the credit worthiness or financial condition of suppliers, refiners
and other parties with whom the Company does business;

inadequate insurance, or inability to obtain insurance, to cover these risks and
hazards; employee relations; relationships with and claims by local communities
and indigenous populations; availability and increasing costs associated with
mining inputs and labour; the speculative nature of mineral exploration and
development, including the risks of obtaining necessary licenses and permits and
the presence of laws and regulations that may impose restrictions on mining,;
diminishing quantities or grades of mineral reserves as properties are mined;
global financial conditions; business opportunities that may be presented to, or
pursued by, the Company; the Company's ability to complete and successfully
integrate acquisitions and to mitigate other business combination risks;
challenges to, or difficulty in maintaining, the Company's title to properties
and continued ownership thereof; the actual results of current exploration
activities, conclusions of economic evaluations, and changes in project
parameters to deal with unanticipated economic or other factors; increased
competition in the mining industry for properties, equipment, qualified
personnel, and their costs. Investors are cautioned against attributing undue
certainty or reliance on forward-looking statements. Although the Company has
attempted to identify important factors that could cause actual results to
differ materially, there may be other factors that cause results not to be as
anticipated, estimated, described or intended. The Company does not intend, and
does not assume any obligation, to update these forward-looking statements or
information to reflect changes in assumptions or changes in circumstances or any
other events affecting such statements or information, other than as required by
applicable law.


Trevali's production plans at Halfmile-Stratmat and Santander are based only on
Indicated and Inferred Mineral Resources and not Mineral Reserves and do not
have demonstrated economic viability. Inferred Mineral Resources are considered
too speculative geologically to have the economic considerations applied to them
that would enable them to be categorized as Mineral Reserves, and there is
therefore no certainty that the conclusions of the production plans and
Preliminary Economic Assessment (PEA) will be realized. Additionally where
Trevali discusses exploration/expansion potential, any potential quantity and
grade is conceptual in nature and there has been insufficient exploration to
define a mineral resource and it is uncertain if further exploration will result
in the target being delineated as a mineral resource.


Trevali Mining (TSX:TV.WT)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Trevali Mining Charts.
Trevali Mining (TSX:TV.WT)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Trevali Mining Charts.