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Trigon Metals Inc V.TM

Alternate Symbol(s):  PNTZF

Metals & Mining Copper
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

Trigon Metals Inc
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Post by StockHawk1on May 26, 2022 4:25pm
107 Views
Post# 34710275

Eric Sprott showing confidence in $TM 👀👀

Eric Sprott showing confidence in $TM 👀👀

Earlier this week, Trigon Metals Inc. ($TM.v) announced that it entered into a credit agreement with Sprott Mining Inc.


With this Sprott Mining has lent to the Company $2.5M USD which $TM plans to use largely in part to fund its copper operations in Namibia. 


The prolific mining investor Eric Sprott (a principal of Sprott Mining) currently owns ~18.3% of $TM. 


IMO this loan as well as what he has previously invested in $TM really shows that he has a lot of faith in $TM and its project.


More info here: 

https://ca.finance.yahoo.com/news/trigon-metals-completes-credit-agreement-200000850.html


$TM @ $0.215

MC $36.476M

 
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