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 Company is focused on exploration and re-development of the producing Kombat Mine. In Morocco, it is the holder of the Silver Hill and Addana projects, highly prospective copper and silver exploration projects. The Silver Hill is a 16 square kilometers (km2) property located in the Anti-Atlas region. The Kombat Mine is located in the Otavi Mountainland on the Northern Platform Margin of the Damara Orogenic Belt. Its Kalahari Copperbelt Project includes a substantial land package in Namibia with primary Exclusive Prospecting Licenses (EPLs) covering 280 km along the strike of the Kalahari Copper Belt.

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Trigon Metals Inc

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Post by ToneStemple1on Dec 28, 2011 11:37am

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Post# 19354316

Merten's deal

Update on Mertens

"Further to the Company's press release of May 30, 2011, Pan Terra reports that following the completion of Pan Terra's due diligence, the proposed transaction with Mertens Mining and Trading (PTY) Limited, a private company incorporated under the laws of Namibia, has been terminated by Pan Terra."

Assuming that the Kombat mine was a better deal with bigger potential?

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