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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 Jul 26, 2023 6:24pm
158 Views
Post# 35558599

Atrium Research Maintains BUY Rating on TM.v

Atrium Research Maintains BUY Rating on TM.v

Atrium Research recently shared their resource on Trigon Metals (TM.v PNTZF), maintaining their BUY rating and highlighting TM's positive Kombat Mine update and drilling results. 


The mill at the Kombat Mine is on schedule for start-up and is expected to produce its first concentrate soon, with first sales of copper planned by the end of August. 


TM is also progressing towards starting underground mining operations in April 2024. 


Upcoming catalysts include the underground feasibility study, ongoing drill results at Kombat, and initiation of underground mining in FYQ2/24.


 Atrium Research's target price for TM is $0.60, over 3x its current share price of $0.19.


Full report here: https://mcusercontent.com/4bc421505c66d079778a0d0be/files/08e37aff-1ea8-1a1f-10e0-6b3da386e52f/20230725_Atrium_TM_Kombat_Update.01.pdf

 
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