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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 waves1on Oct 30, 2023 5:07pm
113 Views
Post# 35708128

Jed Richardson on Kombat Underground Mine Progress

Jed Richardson on Kombat Underground Mine Progress

On track to establishment of the Kombat underground mine in early 2024, Trigon Metals (TM.v PNTZF) has provided an update on its progress with water levels decreasing and on track to be fully dewatered by year end. 
 
This is significant as it will allow for mining to begin in the first half of 2024, only a short amount of time after TM achieving commercial production at the open mining pit. 
 
Commenting, Jed Richardson, Trigon President and CEO, “Now that open pit mining has achieved commercial production, processing 1,000 tonnes per day of ore and shipping 250 tonnes of concentrate a week. It is important to understand work is well underway to expand the mill’s throughput and commence mining from the underground, leading to a tripling of production profile while lowering production costs and amplifying profitability.”
 
For more information, check out the latest video from Richardson discussing this milestone:  https://www.youtube.com/watch?v=OkF9JrxlJxo
 
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