Bullboard - Stock Discussion Forum Trigon Metals Inc V.TM

Alternate Symbol(s): PNTZF

Metals & Mining Copper

Trigon Metals Inc. is a Canada-based exploration and development company. The Company is focused on copper and silver holdings in mine-friendly African jurisdictions. The Company has operations in Namibia and Morocco. In Namibia, it holds an 80% interest in five mining licenses in the Otavi Mountainlands, an area of Namibia generally recognized for its high-grade copper deposits, where the... see more

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Trigon Metals Inc > Surpassing Expectations: TM Achieves 33.5% Concentrate Grade

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Post by StockHawk1 on Aug 31, 2023 6:22pm

Surpassing Expectations: TM Achieves 33.5% Concentrate Grade

Trigon Metals Inc. (TM.v PNTZF) has commenced full-scale production of concentrate at its Kombat Copper Mine located in Namibia.

Despite utilizing initially lower-grade materials, TM has achieved an impressive concentrate grade of 33.5% copper, coupled with a recovery rate of 79.5%. These figures exceed the projected grade of 20%.

This achievement is set to bolster profitability, as the utilization of higher-grade concentrate effectively reduces shipping and treatment expenses per unit of copper extracted.

TM aims to get to 70% production capacity by the end of September.

Full Press Release: https://trigonmetals.com/2023/08/24/trigon-produces-strong-copper-concentrate-with-high-recovery-in-start-up-at-kombat-mine-namibia/