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Trigon Metals Inc V.TM

Alternate Symbol(s):  PNTZF

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.


TSXV:TM - Post by User

Post by waves1on Mar 03, 2022 5:45pm
161 Views
Post# 34481010

$TM closes up almost 30% after first shipment announced!

$TM closes up almost 30% after first shipment announced!Solid day for Trigon Metals ($TM.v $PNTZF) closing up almost 30% after the recent announcement of the first shipments of copper concentrate from the Kombat Mine! The first truckload contained 31 dry metric tones of concentrate, grading 20.41% copper and 265 g/t silver, and is the first of 400 tones of concentrate now produced and stockpiled at the Mine.

The concentrate will be moved to the IXM warehouse in Walvis Bay, Namibia, and booked as sold this week.

The mill is pushing towards stronger recoveries and is operating at a steady-state 70% capacity, producing over 35 tones of concentrate per day.

This is a significant and exciting achievement for $TM as they continue to meet numerous goals at a fast pace. Notably, $TM is working towards a declaration of commercial production.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/399-tsx-venture/tm/116680-trigon-ships-first-copper-concentrates-from-the-kombat-mine.html
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