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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

Comment by AlfTanneron Apr 16, 2024 8:55am
119 Views
Post# 35991146

RE:RE:RE:Copper

RE:RE:RE:CopperI have followed a lot of mining companies, and the goals with underground mines are almost never met.  Having a previously operated mine is not necessarily an advantage.  Why did it shut down in the first place?  Were costs too high?  Costs are going to be a lot higher now due to inflation.  In addition, the deeper a mine goes, the more it costs.  Many of the companies I have followed that reopen previously closed mines end up failing.  A good example if the Caribou zinc mine in Canada.  That mine bankrupt both Blue Note and Trevali.  These companies keep repeating the same behavior and expecting different results.
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