Positive results for Trigon from drilling in Kavango North

Trigon Metals has announced results from confirmation drilling at the Kombat Mine in Namibia with key highlights from the drilling campaign.

The reported results are from the East 400 area, and the Kavango North Pit. The East 400 area is located 250m east of the Kavango Pit where mining began in May 2023.

Trigon highlighted that the team has drilled some confirmation holes in the East 400 area. East 400 is the smallest and shallowest of the planned pits at the Kombat mine.

Jed Richardson, Trigon’s President and CEO, commented, “We are thrilled with the exceptional drilling results at the East 400 area. These findings further demonstrate the high-grade copper potential within our licences and solidify our confidence in the exploration and development of the Kombat project.”

Production at Kombat continues to outperform expectations; concentrate production continues to build, with concentrate grades around 30% copper, and recoveries are above 80%. The mill has been running continuously for over the last 96 hours without interruption at a rate of 95% capacity.

In addition to the successful drilling outcomes at the East 400 area, Trigon has initiated drilling activities at the recently acquired Silver Hill Project in Morocco. The 2,000-metre drill program is nearing its end, mineral assays will now be taken and reported to the market in due course.

Further to Trigon’s September 20, 2023 press release, the Company’s 735,999 common share purchase warrants previously set to expire on October 13, 2023 with an exercise price of $0.45 have been extended to March 31, 2024.

Trigon is a publicly traded Canadian exploration and development company with its core business focused on copper and silver holdings in mine-friendly African jurisdictions. Currently, the company has operations in Namibia and Morocco. In Namibia, the Company holds an 80% interest in five mining licences in the Otavi Mountainlands, an area of Namibia widely recognized for its high-grade copper deposits, where the Company is focused on exploration and re-development of the previously producing Kombat Mine. In Morocco, the Company is the holder of the Silver Hill project, a highly prospective copper and silver exploration project.

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