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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 partystockeron May 11, 2022 12:53pm
121 Views
Post# 34674472

Could Be The Time To Get In On $TM.v

Could Be The Time To Get In On $TM.v

Trigon Metals (TSXV: TM) is seeing a good bounce today following the closing of $5.5 million in private funding from The Lind Partners last week. $TM.v shares are currently up over 10%, continuing to trade at above-average volume compared to April. 


With this new funding, the company is expecting to take the Kombat copper mine into commercial production status very soon. Something which was previously difficult to achieve via the agreement the company had with IXM. 


Keep an eye out for a bullish cross of the long-range Stochastic Oscillator to indicate an incoming price correction for Trigon. $TM.v is currently trading at $.205 and is valued at $34.78 million.



https://ceo.ca/@nasdaq/trigon-metals-closes-on-c55-million-funding-from

 
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