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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 Apr 14, 2022 4:41pm
244 Views
Post# 34605180

$TM CEO on Kombat Mine revenue

$TM CEO on Kombat Mine revenue
"Revenue started, cashflow is going, onwards and upwards here for Trigon"
 
Great video from the Trigon Metals ($TM.v $PNTZF) CEO after their first shipment of copper concentrate at the end of February: 
https://www.youtube.com/watch?v=p7RzKi0xv3Q&ab_channel=TrigonMetals
 
The mill is up to a level where they are producing 250 tonnes of concentrate a week which should translate to 45 tonnes of copper and US$450,000 of copper. The 265 grams per tonne of silver will translate to 2100 ounces of silver and US$53,000 worth of silver. 
 
Get paid 90% of the expected revenue of the tonnes that are shipped so they can expect US$333,000 of revenue. 
 
These are significant numbers and I'm looking forward to further updates from $TM, especially regarding the Silver Hill Property where they just advanced explorations. 
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