Canada

Halfmile-Stratmat Operation

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Categories

Overview

Mine TypeUnderground
StatusInactive / Suspended
Commodities
  • Zinc
  • Lead
  • Copper
  • Silver
  • Gold
Mining Method
  • Longitudinal retreat
  • Mechanized Cut & Fill
  • Post Pillar Cut & Fill
  • Avoca
  • Sub-level stoping
  • Sub-level Retreat
  • Cemented (undefined) backfill
  • Undefined backfill
Mine Life13 years (as of Jan 1, 2017)
ShapshotThe Halfmile-Stratmat integrated project is comprised of the Halfmile mine and the advanced exploration stage Stratmat project.

On Aug. 19, 2022, Trevali Mining Corporation announced that the Company had received an Initial Order for creditor protection from the British Columbia Supreme Court under the Companies' Creditors Arrangement Act (the "CCAA").

On June 30, 2023, Trevali Mining Corporation announced that the Supreme Court granted an order in the Company's ongoing CCAA proceedings pursuant to which FTI Consulting Canada Inc., the Court appointed "Monitor", has been granted enhanced powers in the CCAA Proceedings with respect to the Company's business and affairs.

The Monitor's powers to manage the Company, the Company's remaining employees have ceased their employment with the Company.

Please note that all data presented below is sourced from 2017 technical report prepared by SRK Consulting (Canada) Inc.
Related AssetsHalfmile Project, Stratmat Project

Owners

SourceSource
CompanyInterestOwnership
Trevali Mining Corp. 100 % Indirect
The Halfmile-Stratmat integrated project is 100% held by Trevali Mining (Maritimes) Ltd., a 100% owned subsidiary of Trevali Mining Corporation.

On June 30, 2023, Trevali Mining Corporation announced that the Supreme Court of British Columbia granted an order in the Company's ongoing Companies' Creditors Arrangement Act proceedings (the "CCAAProceedings") pursuant to which FTI Consulting Canada Inc., the Court appointed "Monitor", has been granted enhanced powers in the CCAA Proceedings with respect to the Company's business and affairs.

Contractors

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Deposit type

  • VMS

Summary:

The Halfmile and Stratmat are volcanic massive sulphide (VMS) deposits typical of the Bathurst Mining Camp (BMC). The BMC hosts 45 volcanic-sediment hosted massive sulphide deposits and 95 occurrences, including the world-class Brunswick 12 Mine. BMC deposits formed in a sediment-covered back-arc continental rift during periods when the basin was stratified with a lower anoxic water column. The basin was subsequently intensely deformed and metamorphosed during multiple collisional events related to east-dipping subduction of the basin.

The VMS deposits typically form lenses of polymetallic massive sulphide. Most deposits are zoned vertically and laterally from a high temperature, vent-proximal, copper-polonium bismuth-rich veined and brecciated core to vent-distal zinc-lead-silver-rich hydrothermal sediments. The vent complex is commonly underlain by a highly deformed sulphide stringer zone that extends hundreds of metres beneath deposits and consists of veins and impregnations of sulphides, silicates, and carbonates that cut chloritized and sericitized volcanic and sedimentary rocks.

The sulphide minerals consist of disseminated and massive pyrite-sphalerite-galena and chalcopyrite. The sulphide minerals are fine- to medium-grained, and are coarser than those typically found in deposits of the BMC.

Disseminated mineralization, commonly of economic grade, occurs in the phyllitic sedimentary rocks as well as in the talc layers which locally grade into massive sulphide. A layer of massive pyrite-chalcopyrite, typically less than 1 m thick, occurs locally on the stratigraphic footwall side of the economic mineralization.

Stratigraphic relationships are based on observations of drill and rock exposures. The copper-rich layer may be in contact with, or grade into pyrite-poor massive sphalerite galena ore that locally is up to a few meters thick (grades average 5 to 15% lead and 15 to 35% zinc). Gangue minerals include muscovite, talc, chlorite, quartz, and carbonates. Many of the copper-rich and lead-zinc-rich massive sulphide layers are separated by talcose or phyllitic zones that commonly carry disseminated sulphide mineralization. Calcite is the most common carbonate, but ferroan dolomite and siderite also are present.

Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityProductUnitsLOM
Zinc Concentrate kt 1,217
Lead Concentrate kt 352
Copper Concentrate kt 53

Operational metrics

Metrics
Daily milling capacity 3,000 t *
Annual milling capacity 1.12 Mt *
Waste tonnes, LOM 4,053 kt *
Ore tonnes mined, LOM 13,011 kt *
Tonnes processed, LOM 10,219 kt *
* According to 2017 study.

Production Costs

CommodityUnitsAverage
Assumed price Lead USD 0.95 / lb *  
Assumed price Zinc USD 1.15 / lb *  
Assumed price Copper USD 2.72 / lb *  
Assumed price Silver USD 19 / oz *  
Assumed price Gold USD 1,284 / oz *  
* According to 2017 study / presentation.

Operating Costs

Currency2017
Processing costs ($/t milled) CAD 21 *  
Total operating costs ($/t milled) CAD  ....  Subscribe
* According to 2017 study.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M CAD  ......  Subscribe
Sustaining CapEx $M CAD  ......  Subscribe
Closure costs $M CAD  ......  Subscribe
Total CapEx $M CAD  ......  Subscribe
UG OpEx $M CAD  ......  Subscribe
Processing OpEx $M CAD 274
G&A costs $M CAD 155
Total OpEx $M CAD  ......  Subscribe
Income Taxes $M CAD  ......  Subscribe
Gross revenue (LOM) $M CAD  ......  Subscribe
EBITDA (LOM) $M CAD  ......  Subscribe
Pre-tax Cash Flow (LOM) $M CAD  ......  Subscribe
After-tax Cash Flow (LOM) $M CAD  ......  Subscribe
Pre-tax NPV @ 8% $M CAD  ......  Subscribe
After-tax NPV @ 8% $M CAD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
After-tax IRR, %  ......  Subscribe
Pre-tax payback period, years  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Source Source
Job TitleNamePhoneEmailProfileRef. Date
....................... Subscription required ....................... Subscription required ........... Subscription required ........... Subscription required Subscription required Aug 28, 2023

Aerial view:

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