"Company") is pleased to announce the successful completion of a drone-based aeromagnetic survey over
T R I G O N D E F I N E S K E Y E X P L O R A T I O N T A R G E T S O N I T S K A L A H A R I C O P P E R
P R O J E C T , N A M I B I A
Toronto, Ontario August 19, 2024 Trigon Metals Inc. (TSX-V: TM, OTCPK: PNTZF) ("Trigon" or the
"Company") is pleased to announce the successful completion of a drone-based aeromagnetic survey over
a key area of its Kalahari Copper Project. The Company has also finalized the data processing and 3D
inversion, enabling interpretation and the definition of highly prospective exploration targets which will
be the focus of upcoming exploration campaigns.
The survey area was selected for its favourable stratigraphy and structure, as well as its proximity to
known mineralization at the Fiesta-Fortuna Prospect (Noronex Limited), located 4 km to the east (Fig. 1).
Thick Kalahari sand cover (>40 m) necessitated the use of detailed airborne geophysical surveys to identify
prospective targets. Structurally, the area is dominated by two regional-scale, doubly plunging anticlines.
Ellipsoidal magnetic lows are interpreted to represent tight Ngwako Pan cored anticlines, flanked by
magnetically positive anomalies associated with the Formation.
Figure 1:Tenement overview map of the Kalahari Copper Belt indicating the drone magnetic survey area in green.
The Heimat Fold Closure lies within the same domal structure as the Fiesta-Fortuna Prospect
(Noronex Ltd) but is interpreted to occur higher in the stratigraphy, within the Formation
and away from the traditionally targeted contact with the lower Ngwako Pan Formation (Fig. 2).
This target is based on Tr understanding of the Kalahari Copper Belt (KCB) mineralization
as likely having both diagenetic and epigenetic origins. Most KCB deposits are semi-stratiform
and located near the Ngwako contact. While minor mineralization is often found along
this contact, major deposits also tend to be spatially linked to regional anticlines or domes, and
in some cases to second-order faulting. The exploration focus is therefore on domal features with
either an exposed Ngwako contact or with its still intact. The Heimat Fold
Closure represents one such target, with known mineralization immediately to the east (along
strike). Similarly, the Bushman Dome target area, covers a large Ngwako Pan Fm cored dome
immediately to the south of the Heimat Dome.
Figure 2: Map showing the detailed drone RTP overlayed onto the regional airborne RTP map. The map also shows the Heimat
Fold Closure target and the doubly plunging Bushman Dome target with the prospective interpreted and
Ngwako Pan contact highlighted in a transparent grey.
3D inversion of the magnetic data has enabled Trigon to identify the relative depth of the
prospective Ngwako contact along the hinge zone of the Heimat Dome (Fig. 3). Trigon
plans to use this knowledge to guide its maiden drilling program at the Kalahari Project.
Additional magnetic targets identified within this prospective zone, include cigar shaped
magnetic highs, likely representing 2nd order, parasitic folding and linear structures attributed to
late Damaran age faulting and thrusting. Further interrogation of the data is underway in order
to identify specific drill targets.
Figure 3: Two cross sections of the 3D susceptibility model for the survey area. A) West looking cross section of the survey area
covering both west ward plunging Heimat Fold Closure and the east ward plunging Bushman Dome with the
interpreted prospective and Ngwako Pan contact zone highlighted in transparent grey. B) East looking cross
section covering the core of the Bushman Dome, indicating a steeply north verging domal structure with parasitic
S, Z and M folds with the interpreted prospective and Ngwako Pan contact zone highlighted in transparent
grey.
Jed Richardson, CEO and Executive Chairman of Trigon, commented , Our work at the Kalahari
Copper Project has now moved beyond early-stage reconnaissance to a targeted strategy based on
detailed geophysics. The survey results have given us a clear picture of where the most prospective
oned to advance towards drilling with a high degree of confidence. This
is an exciting step forward as we unlock value from a district that continues to demonstrate world-class
potential.
Dr. Andreas Rompel, VP Exploration, adds, "The geological data strongly indicate folding along
an axis trending WSW. In addition, a clear contact between two significant lithologies has been
identified, which delineates a compelling drill target. We are excited to advance the next phases
of exploration on what we believe is a highly prospective and prolific project."
Qualified Person
The scientific and technical information in this release has been reviewed and approved by Dr.
in National Instrument 43-101 Standards of Disclosure for Mineral Projects . Dr. Rompel is
Trigon Metals Inc.
Trigon Metals Inc. is a publicly trading Canadian exploration and development company with a
its core focus on copper and silver holdings in mining-friendly African jurisdictions. The Company
holds the Kalahari Copperbelt Project in Namibia. In Morocco, the Company is advancing two
exploration projects; Addana, which hosts silver-bearing veins along with other metals, and Silver
Hill, a sedimentary copper prospect that has already undergone drilling.
Cautionary Notes
This news release may contain forward-looking statements. These statements include statements
regarding the exploration drilling at the Kalahari Project, the prospectivity and mineralization at
the Kalahari Project, the strategies and the abilities to execute such
strategies, the expectations for the Kalahari Project, and the future plans
and objectives. These statements are based on current expectations and assumptions that are
subject to risks and uncertainties. Actual results could differ materially because of factors
discussed in the management discussion and analysis section of our interim and most recent
annual financial statements or other reports and filings with the TSX Venture Exchange and
applicable Canadian securities regulations. We do not assume any obligation to update any
forward-looking statements, except as required by applicable laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
For further information, contact Tom Panoulias, VP Corporate Development:
+1 (647) 276-6002 x 1127
Website: www.trigonmetals.com