TM.v to resume production when copper recovers. Trigon Metals (TSXV: TM) has been utilizing the recent market downturn to spend time on further exploration at the Kombat Copper Project in Namibia.
Recent drilling has revealed new mineralization at the project 150 metres east of the Kavango Pit. Copper concentrations up to 7.67% were discovered, including silver mineralization up to 10.42 g/t.
Trigon will resume production at the Kombat Mine once copper prices recover. Given this recent discovery, this announcement should provide a very strong bullish catalyst.
TM.v is currently trading at $.15 after rebounding 20% on Friday. The company is presently valued at $25.45 million.
https://ceo.ca/@businesswire/latest-drilling-at-the-kombat-trend-reveals-growing