Trevali Resources Corp. Appoints Kallpa Securities SAB as Advisor for Senior Listing Application on Lima Stock Exchange

VANCOUVER, BRITISH COLUMBIA -- (Marketwire - Dec. 7, 2010) - Trevali Resources Corp. ("Trevali" or the "Company") (TSX: TV) (OTCQX: TREVF) (FRANKFURT: 4TI) has appointed Kallpa Securities SAB of Lima, Peru as advisor for its Lima Stock Exchange (BVL) listing application.

Kallpa Securities is preparing Trevali's application documents for a senior listing on the BVL and will assist in the Company's marketing in Peru. Kallpa will also provide all services required by the BVL and any other regulatory entities to satisfy local requirements relating to all marketing activities in compliance with the BVL and CONASEV (Comision Nacional Supervisora de Empresas y Valores) regulatory bodies on behalf of Trevali. The Company cautions that there can be no assurance that its application to list its shares on the BVL will be approved.

Additionally, Kallpa will provide Trevali with market information, organize meetings with key participants in the Peruvian market (institutional investors, retail investors, and brokerage firms), aid in marketing document preparation, and provide research and regular updates on Trevali to their Peruvian investment network.

"We are proud to be appointed Advisor to Trevali in Peru and look forward to introducing their near-term silver-lead-zinc production-focused opportunity to the Peruvian markets," said Mr. Alberto Arispe, Kallpa Securities' CEO.

"We are very pleased to have Kallpa as our BVL listing advisor and look forward to expanding our shareholder base in the Peruvian market during this exciting period as Trevali advances towards production from its Santander mine project," stated Dr. Mark Cruise, Trevali's President and CEO. "Already one of the more important markets in South America, the BVL has recently entered into plans to join markets with the stock exchanges of Chile and Colombia in an initiative aimed to create the third largest stock exchange in Latin and South America with a combined capitalization of nearly US$500-billion – providing significant additional exposure to many new potential investors."


ABOUT TREVALI RESOURCES CORP.

The Company in conjunction with its partner, Glencore International A.G., has entered into a definitive development agreement for the Santander silver-lead-zinc project in west-central Peru that will see Glencore provide and operate on the property, a 2,000-tonne-per-day concentrate plant, undertake mining operations on a 'contractor/toll basis' and enter into a long-term concentrate offtake agreement with the Company for 100% of the Santander project's production at benchmark terms.

Additionally, through its wholly owned subsidiary Trevali Renewable Energy Inc., the Company is undertaking a significant upgrade of the 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 the Company are currently listed on the TSX (symbol TV). For further details on the Company, 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 Resources Corp.

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.



For more information, please contact

Trevali Resources Corp.
Steve Stakiw
Manager - Corporate Communications
(604) 488-1661
(604) 408-7499 (FAX)
sstakiw@trevali.com
www.trevali.com