Trigon Restarts Concentrate Production at Kombat Mine, Namibia
Trigon Restarts Concentrate Production at Kombat Mine, Namibia
TORONTO--(BUSINESS WIRE)--August 10, 2023--Trigon Metals Inc. (TSX-V: TM;
OTCQB: PNTZF) (“Trigon” or the “Company”) announces the full restart of milling and
processing at the Kombat Mine. The Company has succeeded in restarting copper concentrate
production at the Kombat mine in Namibia, placing the project on track to meet commercial
production targets by the end of September.
On the evening of August 3, 2023, the Company achieved the major milestone of turning on the
mill’s crushing facility and starting the flotation circuit. The plant has been running in three-hour
bursts as the Trigon team fine-tunes the equipment and sets up for a 24-hour, 7-day-a-week
operation. Concentrate levels are building in the thickeners with first concentrate production
pending.
Trigon President and Chief Executive Officer, Jed Richardson, commented: “I would like to
thank our staff, contractors, suppliers, local partners, and the Namibian government for their
concerted efforts in getting Kombat back into production. This milestone for both our Company
and the Kombat community pushes us forward as a cash-flowing operation. We look forward to
the continued growth of our operations at Kombat as Trigon offers yet more value to our
dedicated shareholders."
Local Director, Trigon Namibia, Jeremy Hangula, commented: “We commend the team at
Trigon Namibia for their outstanding efforts at achieving the milestone of bringing these deposits
into production. Support from our local shareholders and stakeholders has proven to be
invaluable and has contributed greatly to the hundreds of jobs created, and currently adding
value to the Kombat community.”
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.
Virtual Non-Deal Roadshows Hosted by Renmark Financial
Trigon will be participating in a live Virtual Non-Deal Roadshow session on Tuesday, August
15, 2023. Trigon welcomes stakeholders, investors, and other individual followers to register and
attend this live event.
Jed Richardson, President and Chief Executive Officer, and Aidan Sullivan, Vice-President,
Investor Relations will walk viewers through the latest investor presentation followed by a live
Q&A. Investors interested in participating in this event will need to register using the link below.
As a reminder, registration for the live event may be limited but access to the replay after the
event will be on the Trigon website.
REGISTER HERE:
Tuesday, August 15, 2023 at 12:00 PM ET:
https://www.renmarkfinancial.com/live-registration/renmark-virtual-non-deal-roadshow-tsx-v-
tm-otcqb-pntzf-2023-08-15-120000
Please access this link using the latest version of Google Chrome to ensure smooth connectivity.
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 and Addana projects, highly prospective copper and silver exploration
projects.
Cautionary Notes
This news release may contain forward-looking statements. These statements include statements
regarding the Kombat Mine, the reopening of the Kombat Mine, the Company’s ability to restart
operations, the economic viability of the Kombat Mine, the Company’s ability to mine
underground and the related timelines, the infrastructure required for Trigon’s 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) accepts responsibility for the
adequacy or accuracy of this release.
Contacts
For further information, contact:
Jed Richardson
+1 647 276 6002
Website: www.trigonmetals.com