TV Trevali Mining Corp

Trevali Mining Corporation ("Trevali" or the "Company")
(TSX:TV)(OTCQX:TREVF)(LMA:TV)(FRANKFURT:4TI) announces that it has closed an
agreement (the "Agreement") selling its wholly-owned Tingo run-of-river
hydroelectric station ("Tingo") in Peru to Volcan Compania Minera S.A.
("Volcan") for USD$13.5 million.


Through the Agreement the Company has monetized Tingo, a non-producing, non-core
asset to its main business of mine development and metal production, and has
strengthened its balance sheet.


Trevali has a power purchase agreement ("PPA") in place for its Santander Mine
from SN Power at a price of $0.06 per kilowatt hour (plus transmission charges
of $0.02 per kilowatt hour) off the Peruvian National Energy Grid. Trevali also
retains a long-term agreement with Volcan for power off-take rights, once the
current PPA expires on December 31st, 2016, for future power generation from
Tingo maintaining the same Peruvian industry standard price conditions. Trevali
has also executed a transmission services agreement to use the existing
transmission line from the National Grid to the Santander Mine and reserve use
for the future transmission line that will connect the new Tingo hydroelectric
station to Santander.


"The sale of our Tingo hydroelectric station provides Trevali with practical
monetization of a non-core asset and will boost the Company's working capital
position," stated Dr. Mark Cruise, Trevali's President and CEO. "Given the
competitive strategic power agreement we have in place and Management's focus on
mining operations, it was prudent to strengthen our balance sheet as we continue
to optimize metal production from our Santander Mine in Peru and advance our
Caribou Mine in New Brunswick towards operation."


The Company also announces that the independent technical report on the
Preliminary Economic Assessment for the Caribou project in New Brunswick has
been filed on SEDAR and is available on the Company's website.


ABOUT TREVALI MINING CORPORATION

Trevali is a zinc-focused, base metals mining company with one producing
operation currently in Peru and an advanced-stage mine under development in
Canada.


In Peru, the Company is actively producing zinc and lead-silver concentrates
from its Santander mine and 2,000-tonne-per-day metallurgical plant.


In Canada, Trevali owns the Caribou mine and mill, Halfmile mine and Stratmat
deposit all located in the Bathurst Mining Camp of northern New Brunswick. The
Company is currently advancing its 3,000-tonne-per-day Caribou Mill Complex and
mine towards scheduled 2015 production.


All of the Company's deposits remain open for expansion.

The common shares of Trevali are listed on the TSX (symbol TV), the OTCQX
(symbol TREVF) and on the Lima Stock Exchange (symbol TV). 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 Caribou-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.


We advise US investors that while the terms "measured resources", "indicated
resources" and "inferred resources" are recognized and required by Canadian
regulations, the US Securities and Exchange Commission does not recognize these
terms. US investors are cautioned not to assume that any part or all of the
material in these categories will ever be converted into reserves. 


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States. The securities
described herein have not been and will not be registered under the United
States Securities Act of 1933, as amended, or the securities laws of any state
and may not be offered or sold within the United States, absent such
registration or an applicable exemption from such registration requirements.


The TSX has not approved or disapproved of the contents of this news release.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Trevali Mining Corporation
Steve Stakiw
Vice President, Investor Relations
and Corporate Communications
(604) 488-1661 / Direct: (604) 638-5623
sstakiw@trevali.com

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