Trigon Metals Inc. is pleased to announce the results of the feasibility study undertaken on its Kombat Asis West underground mine in Namibia . The Feasibility Study was prepared by SRK Consulting South Africa Ltd in accordance with Canadian Securities Administrators' National Instrument 43-101 Standards of Disclosure for Mineral Projects . This press release features multimedia. View the full release here [...]
Trigon Metals Inc. Trigon Metals is pleased to report as of February 27, 2024, the Company has filed its Q3 financials and details below the operational milestones for the quarter ending December 31, 2023. Management is pleased to announce an operating profit of $581,518 for the three months and $474,722 for the nine months ending December 31, 2023. The net losses for the three months of $8,095,812 and $14,914,218 for the [...]
Trigon Metals Inc. provides an update regarding its previously-announced plans to spin out its wholly-owned subsidiary, Safi Silver Corp. , 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 Canada Business Corporations Act . The Company is pleased to announce that it has received an interim order from the Ontario Superior Court [...]
Trigon Metals Inc. is pleased to announce that it has entered into an arrangement agreement with its wholly-owned subsidiary, Safi Silver Corp. , to undertake a spin-out transaction that would reorganize the business and capital structure of the Company to spin out its assets in Morocco, namely the Silver Hill project , to the shareholders of Trigon . The proposed spin-out transaction will be completed by way of a plan of [...]
Trigon Metals Inc. is pleased to announce the commencement of operational training for the underground mine at the Kombat project ahead of schedule, marked by the successful blasting of the first block. The early initiation of the underground operational training underscores Trigon's commitment to operational excellence and efficient project delivery. The first blast was initiated on Thursday, February 1, 2024 at the Asis [...]
Trigon Metals Inc. announces results from confirmation drilling at the Kombat Mine in Namibia with key highlights from the drilling campaign. The reported results are from the shallow areas of 1 Shaft adjacent to the historic Omega Shaft from 100 years ago. The 1 Shaft area still contains high-grade zones of mineralization to be accessed from the underground. This press release features multimedia. View the full release [...]
Eric Sprott announces that, today, he exercised 2,000,000 common share purchase warrants of Trigon Metals Inc., at $0.20 per common share for aggregate consideration of $400,000. In addition, 4,666,666 Warrants expired unexercised. The partial exercise of such Warrants and expiry represent a decrease in holdings of approximately 6.0% of the outstanding Shares on a partially diluted basis since the date of the last early [...]
Trigon Metals Inc. is pleased to make the following announcements underscoring the Company's commitment to growth and advancement for our shareholders: Rennie Morkel has been appointed President and COO of the Company as Jed Richardson transitions to the role as Executive Chairman; and the acquisition of the Kalahari Copperbelt Project. Trigon Announces Key Leadership Appointments Trigon has transitioned from development [...]
Trigon Metals Inc. provides the following operational update from the Kombat Copper Mine in Namibia. The operation produced 901 concentrate tonnes in the month of October at a grade of 29.2% copper and 241 g/t silver. Commenting, Jed Richardson, Trigon's CEO and President, said, "In a month that saw the plant reach commercial production and our first concentrate sales, concentrate production topped expectations. We are on [...]
Trigon Metals Inc. is pleased to provide an update on work on the establishment of the Kombat underground mine planned for early 2024. Dewatering the underground mine began in September 2023. Water levels have decreased 157m in the first month of pumping and is on track to have the shaft fully dewatered by year-end. This will allow for mining to begin in the first half of 2024. In July and August 2023, Trigon installed [...]
Trigon Metals Inc. is pleased to announce a significant milestone as achieved commercial production as of October 11, 2023, at its Kombat Mine in Namibia. This achievement marks a major step forward in Trigon's journey towards becoming a leading mid-tier copper producer. Commercial production status is defined as operating at 70% of production capacity over a period of 30 consecutive days. This is a testament to the [...]
Trigon Metals Inc. is pleased to report that on Friday, September 29th, 2023, the Company shipped its first copper concentrate product from the Kombat mine in Namibia. This milestone marks the beginning of cash flow from the operation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231005278116/en/ Figure 1: Copper concentrate produced at Kombat mill During the [...]