T RI G O N Repo Rt S LAR G E M I Ne Ra LI Z E D Int Er S Ect I O N S a Lo NG Ext E N de D St RI Ke L Eng T H a T I T S SI L Ve R HI L L Pro J E Ct IN Mo Ro C Co
T RI G O N REPO RT S LAR G E M I NE RA LI Z E D INT ER S ECT I O N S A LO NG
EXT E N DE D ST RI KE L ENG T H A T I T S SI L VE R HI L L PRO J E CT IN
MO RO C CO
TORONTO, November 12, 2020 – Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) is
pleased to announce the results of an initial exploratory drilling program at its Silver Hill project in
Morocco (“Silver Hill” or “the Project”). In order to increase the Company’s existing
knowledge of the Project and to gain a better understanding of the local geology the
Company drilled five diamond core holes, combined total length of 900 metres.
In terms of this program, the Company drilled five diamond core holes (S8 – S12) with a total
coverage of 900 metres, for the purposes of building on the Company’s existing knowledge of the
project and gaining a better understanding of the local geology.
On August 10, 2020, the Company reported assay results from an elementary exploratory drilling
program at Silver Hill; a small underpowered drill rig only capable of shallow vertical holes less
than 40 metres was utilized (S1, S2, S3 and S5). These results demonstrated mineralization over
a larger than expected interval on the south-western side of the property.
On October 5, 2020, the Company announced assay results from grab samples taken from the
northern area of the Project in addition to one sample from the south-eastern side of the property
(J10). Again, the results were positive in these areas, demonstrating mineral occurrences over a
larger than expected area on the property.
The current drill program focused on the southern area of the property, mainly to test the down
dip potential of the initial S1 to S5 holes and also the potential strike connection between the
shallow drill holes in the west and the surface grab samples in the east. Drill core was analyzed
by AfriLab, an accredited laboratory in Marrakech.
All of the new holes were successful in intercepting copper mineralization, highlighted by wide
intercepts of copper mineralization, in particular the following drill holes (copper grades shown):
• S8 – 3 metre intersection with an average grade of 0.5% and a maximum sample grade
of 2.3%. Copper occurrences from a depth of 4 metres, but main mineralized zone
intersected at a depth of 83 metres.
• S9 – 31 metre intersection with an average grade of 0.7%, including a 3 metre intersection
at 1.8% and a maximum sample grade of 6. 1%. Copper occurrences from a depth of 4
metres. Main mineralized zone intersected at a depth of 37 metres.
• S10 – 19 metre intersection with an average grade of 0.6% , including a 3.5 metre
intersection at 1.1% and a maximum sample grade of 1.7%. Copper occurrences from a
depth of 20 metres, but main mineralized zone intersected at a depth of 94 metres.
• S11 – 20 metre intersection with an average grade of 0.6%, including a 4metre intersection
at 1.2% and a maximum sample grade of 2.1%. Copper occurrences from a depth of 13
metres. Main mineralized zone intersected at a depth of 118 metres.
• S12 – 5 metre intersection with an average grade of 0.5% and a maximum sample grade
of 1.6%. Copper occurrences from a depth of 23 metres, but main mineralized zone
intersected at a depth of 115 metres.
Silver grades for the last drill program (up to 56 g/t) are lower when compared to the previous
samples taken in the western (up to 531 g/t), centre (up to 280 g/t) and eastern (up to 112 g/t)
areas of the property.
The results of the current drill program have provided the Company with valuable information in
terms of the geology of Silver Hill project area with key takeaways, as follows:
• The results have confirmed the strike extension beyond S5 in an easterly direction.
• Sulphides have been detected at depth, where previously only oxides were noted in
surface sampling.
• The drilling has also confirmed a larger mineralized zone (halo) around the higher-grade
areas, as was anticipated from the shallow drilling done in August 2020.
The Company will utilize these results and information to design a second phase drilling program
focusing primarily on an area further to the north where grades as high as 21% copper and 280
g/t silver were obtained from grab sampling. The aim of this second phase drilling program will
be to get a better understanding of the structural and local geology, to test mineralization and
potential sulphides below this high-grade oxide zone as well as to investigate a potential second
structure with strike extension to the north.
Jed Richardson, President and CEO of Trigon Metals, said, “We are pleased with the information
gathered from our first formal drilling campaign at Silver Hill. To have all of our holes along the
1.5 km target area intersect noteworthy mineralization, leads us to believe that our target is large.
The property is unexplored , apart from the limited work done by Technomine prior to the
acquisition by Trigon, and we believe it holds enormous potential for extensive mineralization. We
are increasing our knowledge with each drill hole and results to date have been supportive of our
initial understanding of the geology in the area. We will make good use of the information to focus
our upcoming drilling program on targeted areas.”
See below for map of locations.
Figure 1 — Silver Hill Global Map
Silver Hill Project Overview
The Silver Hill Project is an 8 km2 property in the Anti-Atlas region of Morocco. The Project is
located at a regional address well known for base metals occurrences in Morocco. Morocco has
a mining history that spans in excess of 100 years and is well known for being a mining friendly
jurisdiction. Preliminary surface exploration has revealed high-grade copper and silver
mineralization distributed over a wide surface area. Slags from ancient workings indicate historical
large-scale mining for silver.
Qualified Person
The technical information presented in this press release has been reviewed and approved for
disclosure by Fanie Müller, P.Eng, VP Operations of Trigon, who is a Qualified Person as defined
by NI 43-101.
Trigon Metals Inc.
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. Namibia is one of the world’s most prospective copper
regions, where Trigon has substantial assets in place. The Company continues to hold an 80%
interest in five mining licences in the Otavi Mountainlands, an area of Namibia widely recognized
for its high -grade copper deposit s, where the Company is focused on exploration and re -
development of the previously producing Kombat mine. The Company also recently finalized the
acquisition of the Silver Hill project, a highly prospective copper and silver exploration project in
Morocco.
Cautionary Notes
This news release may contain forward-looking statements. These statements include statements
regarding drilling and other exploration at Silver Hill and the results thereof, the future exploration
plans for Silver Hill, the prospectivity of the Project, the Company’s ability to explore and advance
the Project, the Company’s strategies and the Company’s abilities to execute such strategies,
and the Company’s 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:
Jed Richardson
+1 416 566 8134
Website: www.trigonmetals.com