Trevali Mining (TSX: TV; US-OTC: TREVF) has suspended operations at its Santander zinc-lead-silver mine in Peru after 19 workers tested positive for the Covid-19.
Trevali said the workers were asymptomatic and put into quarantine.
Further testing will be done at the mine, and the company did not provide a timeline for a restart.
The underground mine is 215 km northeast of Lima and has a 2,000-tonne per day processing mill.
Proven and probable reserves at Santander stand at 1.86 million tonnes grading 4.86% zinc, 0.39% lead and 24.92 grams silver per tonne for 199 million lb. zinc, 16 million lb. lead and 1.49 million oz. silver.
In addition to Santander, Trevali owns 90% of the Perkoa mine in Burkina Faso, and 90% of the Rosh Pinah mine in Namibia. It also owns the Caribou Mile, Halfmile and Stratmat properties as well as the Restigouche deposit in New Brunswick.
At press time in Toronto, Trevali's shares were trading at 8.5 ? within a 52-week trading range of 6 ? and 31 ?. The company has 803 million common shares outstanding for a $68-million market capitalization.