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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 StockHawk1on Nov 03, 2022 4:50pm
85 Views
Post# 35071028

How TM will use the silver/copper stream deal $$$

How TM will use the silver/copper stream deal $$$

Trigon Metals' (TM.V) CEO on how their recently closed $37.5M silver & copper stream deal will be distributed: 

- Repaid $5.5M in Debt  

- Fund operations and working capital for the restart of the open pit at the Kombat Mine Project

- Capital to start underground mining at Kombat


TM @ $0.125, MC $21.457M

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