Things To Watch For From $TM.v There are multiple announcements to watch for from Trigon Metals (TSXV: TM) heading into the week of April 25.
The company reported encouraging geophysical IP survey results for the high potential Silver Hill Project in Morocco in late March. Updates on the planned exploration for this project are expected soon.
Trigon is also in the process of shipping copper concentrate from its Kombat Mine in Namibia, whereby the latest reports it currently has roughly 400T of concentrate stockpiled. The concentrate is being shipped out via an offtake agreement with IXM. Updates were last given by Trigon on February 28, so I expect we should hear some updates from the company soon here as well.
From the last report, Trigon is currently producing over 35 tonnes of concentrate per day and is working its way toward a declaration of commercial production.
$TM.v is currently trading at $.36 and is valued at $61.08M.