TV.WT Trevali Mining Corp

Trevali Mining Corporation ("Trevali" or the "Company")
(TSX:TV)(TSX:TV.WT)(OTCQX:TREVF)(LMA:TV)(FRANKFURT:4TI) announces that it has
entered into $10-million bridge-loan credit facility agreement with Sprott
Resource Lending Partnership ("Sprott").


Proceeds of the facility will be applied towards ongoing underground development
of the Halfmile Mine and upgrades/reactivation of the Caribou Mill facility
(subject to the formal closing of Trevali's planned acquisition of Maple
Minerals Corp.) in New Brunswick, and for general working capital purposes.


The facility is for a principal amount of $10 million at an interest rate 11 per
cent per annum, compounded and payable monthly, and due and payable in full on
or before August 31, 2013. In consideration of the facility, Trevali has made a
share bonus payment of $250,000, being 2.5 per cent of the principal amount of
the facility, payable in 329,472 common shares of the Company priced at $0.759
per share (a 10 per cent discount to the 5-day volume weighted average trading
price immediately prior to the date of the term sheet signed in connection with
the facility). The bonus shares will be subject to a hold period of four months
and one day from today's date. A structuring fee in the amount of $100,000 has
also been paid to Sprott. 


Trevali continues to advance progress on securing a senior, corporate-level debt
facility in order to support the Caribou Mill re-start where the Company plans
to add a copper circuit and modify the mill so that it can process feed from all
three of its deposits in the Bathurst Mining Camp, specifically Halfmile,
Stratmat and Caribou (subject to the formal closing of its planned acquisition).
Seven financial institutions and end-users have signed Confidentiality
Agreements and due diligence is well advanced. The Company hopes to be in a
position to announce implementation of a senior debt facility in late summer.


It is anticipated that upon completion of a senior-debt facility that Trevali
will extinguish this bridge credit facility.


ABOUT TREVALI MINING CORPORATION

Trevali is a zinc-focused base metals producer 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 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 late-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
anticipated use of proceeds, the incurring of expenses that qualify as
"flow-through mining expenditures," 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.

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