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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 Red_Deeron Oct 31, 2024 4:04pm
80 Views
Post# 36291235

,,,,,,,,,,,,,,,The NUMBERS do Matter.................

,,,,,,,,,,,,,,,The NUMBERS do Matter.................This DATA Shows VERY WELL How SENSITIVE Mining Results CAN BE
to CHANGES in % GRADE and % RECOVERY

Three Months Ended September 30    
      2024 2023    
Ore milled - tonnes     1,995,442 2,288,860    
Ore milled per calendar day - tonnes     21,690 24,879    
Grade % - copper     0.50 0.35    
Grade g/t - gold     0.37 0.26    
Recovery % - copper     85.6 78.8    
Recovery % - gold     57.3 52.8    
Copper - million pounds     18.977 13.753    
Gold - ounces     13,414 10,048    
 

In the 2024 third quarter, Red Chris copper production was up 38% and gold production was up 33.5% compared to the third quarter of 2023. The increase in copper production was a result of a 45.7% increase in copper grade (0.50% vs 0.35%) and an 8.6% increase in recovery (85.6% vs 78.8%). The increase in gold production was a result of a 41.2% increase in gold grade (0.365 g/t vs 0.258 g/t) and an 8.5% increase in recovery (57.3% vs 52.8%).

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