ONCE AGAIN RED DEERS CONSTANT LIES The FLEABAG is such a LIAR telling everyone that TM had no mining licence when all along they did, and were only appliying for a extension of 10 years. Please take no PITTY on a misleading , lying , cheating PAID POSTER as this SLIMMY SCUMBAG... THE SOONER YOU ALL PUT THIS LIAR ON IGNORE .....THE BETTER YOUR DECISIONS WILL BE.....
Trigon Receives Definitive Approval for Mining Licence to Restart Copper Production at the Kombat Mine, Namibia
Wednesday, June 16, 2021, 8:00 AM ET
TORONTO, ON / ACCESSWIRE / June 16, 2021 / Trigon Metals Inc. (TSX-V:TM) ("Trigon" or the "Company") announces the renewal of its mining licence for the Kombat Mine ("Kombat" or "the Project"), a copper project comprised of five permits in Namibia. The Company holds an 80% interest in the Project, located in the Otavi Mountainlands, an area of Namibia particularly known for its high-grade copper deposits.
The renewal of the licence, issued for a 10-year period, allows for the restart of the Kombat Mine, where open pit mining is planned to commence by the end of 2021.
Jed Richardson, President and CEO of Trigon, stated, "The renewal of our licence at Kombat marks a key milestone as we prepare to commence copper production by the end of the year. With licences in hand, it is full speed ahead to become a revenue generating company, capable of funding further exploration of our significant land holdings in both Namibia and Morocco."
About the Kombat Mine
The Kombat Mine is the flagship copper project of Trigon Metals Inc., with the Company's mining and prospecting licences covering an area in excess of 7,500 ha in the Otavi Mountainlands in Namibia. The Project is comprised of three mining licences, which produced approximately 12.46 million tonnes of copper between 1962 and 2008, at a grade of 2.62%. The other two mining licences are within close proximity to Kombat at Gross Otavi and Harasib, which are believed to be highly prospective for lead and zinc. In addition, the Company also holds an interest in two exclusive prospecting licences which represent a potential strike extension of Kombat.