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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 Jul 13, 2022 2:38pm
105 Views
Post# 34821560

Trigon provides operation updates on Kombat Mine

Trigon provides operation updates on Kombat Mine

Trigon Metals (TSXV: TM) recently provided an operational update on the Kombat Mine, which was summed up well by its CEO, Jed Richardson: “The Kombat Mine is advancing towards achieving commercial production. During this process, a number of challenges arose that were addressed successfully. A new loan facility was arranged, the processing plant capacity was increased to 350 tonnes per day and a second open pit, which will soon be yielding higher grade sulphide ore, was developed."


Operations at Kombat are looking more promising than ever, which makes the currently discounted price of $TM.v very appealing. I’d really recommend doing your own DD on this one, as I think there is some serious potential now that the company has financing in order to meet working capital needs. 


$TM.v is currently trading at $.195, valued at $33.08 million. 


https://ceo.ca/@businesswire/trigon-provides-operational-update-at-kombat-mine-in

 
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