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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 FatherJackon Apr 16, 2024 3:49pm
79 Views
Post# 35992231

RE:RE:RE:RE:Copper

RE:RE:RE:RE:CopperThe fact that it's full of water makes me even more skeptical.  How long did it take Cameco with almost unlimited resources to deal with the cigar lake water problem?

AlfTanner wrote: I 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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