Trigon’s Kombat Trend Drilling Continues to Reveal Growing Magnitude of East 400 Area at Kombat Mine, Namibia
Trigon’s Kombat Trend Drilling Continues to Reveal Growing Magnitude of
East 400 Area at Kombat Mine, Namibia
TORONTO--(BUSINESS WIRE)--January 19, 2023--Trigon Metals Inc. (TSX-V: TM;
OTCQB: PNTZF) (“Trigon” or the “Company”) announces results from the drilling of new
mineralization targets at its Kombat Mine in Namibia (the “Project”). These results are from the
East 400 area, 150 metres east of the Kavango Pit, discussed in recent press releases (August 4,
September 15, and November 9, 2022), extending the Kombat trend mineralization.
Highlights of the Drill Results
Hole 2A (181 azimuth, -71.8 dip)
- 8m at 1.10% copper 94-102m
Hole 2B (172.7 azimuth, -58.8 dip)
- 9m at 0.9% copper 9-18m and,
- 11m at 0.9% copper 68-79m
Hole 4A (184 azimuth, -43.2 dip)
- 5m at 3.98% copper and 8.7 g/t silver 44-49m
Hole 4B (172 azimuth, -49.4 dip)
- 17m at 1.0% copper and 15.50 g/t silver 0-17m
The holes reported are from drilling testing gaps in the known mineralization previously thought
to be barren. Holes 2A, 2B, 4A and 4B are verification holes testing continuity between areas
previously drilled. The results are some of the longest intercepts drilled from surface and with
both sulfide and oxide mineralization.
Jed Richardson, Trigon’s President and CEO, commented, “Surface drilling continues for the
Kombat open pit, we continue to be pleased with grades and the length of the intercepts in this
area of our planned pit. We have completed all of the targeted holes for the mine plan for open
pit restart scheduled to commence next quarter. We will announce the additional holes as those
results become available. The final data is being collected and work has commenced on the mine
plan, however, exploration drilling will continue as drills move to test new areas at surface.”
The assays have been prepared and classified by Trigon Mining (Namibia)(Pty) Ltd in
accordance with the reporting guidelines as set out in National Instrument 43-101 – Standards of
Disclosure for Mineral Projects (“NI 43-101”) as required by the Canadian Securities
Administrators.
Quality Assurance & Quality Control (QA/QC):
All sample assay results have been monitored through the Company's quality assurance / quality
control (QA / QC) program following E2941 − 21 Standard Practices for Extraction of Elements
from Ores and Related Metallurgical Materials by 4 acid Digestion with ICP-OES finish. Drill
core was sent to an independent laboratory, African Laboratory Specialists Namibia (“ALS”), for
analysis. ALS is an independent laboratory, located in Kombat, Namibia. Core samples were
prepared using the ASTM procedures. Sample size: 3 kg, crushed split to 250g weighed sample
(+/- 0.5000g).
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. 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.
Cautionary Notes
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.
This news release may contain forward-looking statements. These statements include statements
regarding the Project, the mineralization of the Project, the Company’s exploration plans and
results thereof, the prospectivity of the Project, the economic viability of the Project, the
Company’s ability to restart operations 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) accept responsibility for the
adequacy or accuracy of this release.
Contacts
Jed Richardson
+1 647 276 6002
Website: www.trigonmetals.com