Trigon Metals Inc. Trigon is pleased to report as of July 29, 2024, the Company has filed its financial statements for the year ended March 31, 2024 and details below the operational milestones for the quarter ending March 31, 2024. Trigon reports a profit from continuing operations of USD $13,439,695 for the three months ended March 31, 2024 and a net loss of $1,474,523 for the twelve months ending March 31, 2024 [...]
Trigon Metals Inc. has executed its plans to address a temporary setback in its underground pumping progress by replacing the failed dewatering pump at the Company's Kombat mine in Namibia. Please refer to news release dated July 18, 2024 "Trigon Metals Stabilizes Water Levels and Maintains Uninterrupted Production from Underground at Kombat Mine, Namibia". The replacement pump body was installed on July 26, 2024 and [...]
Trigon Metals Inc. is pleased to announce the appointment of Tom Panoulias as Vice President, Corporate Development, effective August 1, 2024. Tom Panoulias is a widely respected global mining executive with more than 15 years' experience as a capital markets professional. He has previously worked at Echelon Wealth Partners, Fraser Mackenzie Merchant Capital, and Dundee Capital Markets, raising over one billion dollars [...]
Trigon Metals Inc. is pleased to announce that it has secured a USD$2.5 million advance from its offtaker, IXM S.A., to be utilized for working capital for the Company's Kombat mine in Namibia. The advance payment will be drawn in two tranches of USD$1.25 million each, the first tranche having already been drawn and the second tranche to be drawn between August 19 and August 30, 2024. Interest will accrue and be paid [...]
Trigon Metals Inc. has executed a plan to address a temporary setback in underground pumping progress due to the failure of one of its two main dewatering pumps on the evening of June 14, 2024 at the Company's Kombat mine in Namibia. The mine had been dewatered down to 331 metres from the shaft collar at the time of the pump failure and the water has since risen to 227 metres below surface and has remained at that level [...]
Trigon Metals[/wp] is pleased to announce highlights of its May 2024 underground production at Kombat and provides production guidance for the remainder of its 2025 financial year. May 2024 Production Update At the Kombat mine, May 2024 was marked by several record-breaking underground mining days, leading to a production average of 12.1 tonnes of copper per day. Underground ore mined for the month totalled 19,664 tonnes at an [...]
Trigon Metals Inc. announces that it will consolidate its common shares on the basis of one new Common Share for every existing five Common Shares outstanding effective on or about June 4, 2024. The Company also has engaged ICP Securities Inc. to provide automated market-making services as of May 27, 2024. Trigon currently has 217,873,600 Common Shares issued and outstanding and, following the Consolidation, will have [...]
Trigon Metals is pleased to announce a significant milestone having achieved commercial production from the underground operations at its Kombat Mine in Namibia, as of April 30, 2024. This achievement marks a major step forward in Trigon's path to becoming a leading mid-tier copper producer. Trigon defines commercial production status as operating at 70% of production capacity over 30 consecutive days. After restarting [...]
Trigon Metals Inc. is pleased to release highlights of the exploration campaign at Schlangental, a key prospect within the wider Kombat property, situated approximately 15km east of the active mining licence ML73B. This announcement comes on the heels of the Company finalizing its comprehensive exploration plan for the expansive Kombat property, spanning nearly 35 km from Gross Otavi to the west and Schlangental in the [...]
Trigon Metals is pleased to announce that, at its annual and special meeting of Trigon shareholders that took place on April 9, 2024, Trigon shareholders approved all matters put before them, including: the proposed spinout of Trigon's wholly-owned subsidiary, Safi Silver, which holds the Company's Moroccan assets, namely the Silver Hill and Addana projects, pursuant to a plan of arrangement under section 192 of the [...]
Trigon Metals Inc. is pleased to announce that it has filed on SEDAR+ an independent Technical Report prepared by SRK Consulting South Africa Ltd in accordance with Canadian Securities Administrators' National Instrument 43-101 - Standards of Disclosure for Mineral Projects for its Kombat mine in Namibia. The Technical Report titled "Independent Technical Report for Kombat's Asis West Mine, Namibia" is dated March 15 [...]
Trigon Metals Inc. is pleased to announce that it has completed the acquisition of Base Metal Investments and Services , a private Mauritius domiciled company, that holds an option to acquire up to a 70% stake in the Kalahari Copperbelt Project . The Copperbelt Option provides Trigon the right to attain up to 70% interest in Copperbelt Exploration Ltd. which wholly owns the Kalahari Copperbelt Project . Please see the [...]
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