Latest News Release
September 21, 2023
A COPPER PLAY MADE FOR THESE TIMES
The world needs more copper production to meet the ever-growing demand.
Trigon Metals is proud to be leading the way in the exploration, development and production of copper and silver in some of Africa’s best jurisdictions.
Trigon Metals is a publicly-traded Canadian company with its core business focused on copper production and exploration in mine-friendly African jurisdictions.
The company’s projects include copper production at the Kombat Mine in Namibia, coupled with Silver Hill, a highly prospective copper and silver exploration project in Morocco.
Trigon is creating shareholder value in Africa as a copper producer with ongoing exploration projects. In Namibia, Trigon holds an 80% interest in five mining permits in the Otavi Mountainlands, an area of Namibia widely recognized for its high-grade copper deposits, where the company is focused on continued exploration of its permits while simultaneously ramping up to full production at the Kombat Mine.
At the close of 2021, Trigon resumed production at Kombat Mine following 14 years of closure. Trigon’s strategy is to use the cash flow generated from Kombat Mine production to enhance its exploration projects and continue to create value through newly discovered deposits in Namibia and Morocco.
An updated NI 43-101 Mineral Resource estimate that indicated tonnage at Kombat Mine has increased 66% from the previous Mineral Resource estimates, with copper tonnage up 113% and silver 2,253%, resulting in a much larger production profile.
The company has also expanded its mineral resource after acquiring the Copper King Extension, a 30km area of strike length and exploration ground around the Kombat Mine, with various known mineral occurrences on the property.
In Morocco, Trigon is the holder of the Silver Hill project, a highly prospective copper and silver exploration project. The company owns a 100% interest in the Silver Hill project, a 16km² property in the Anti-Atlas region of Morocco, home to Africa’s foremost silver mines. The current exploration campaign shows copper and silver mineralization at high grades distributed over a wide area. Slags from ancient workings indicate historical large-scale mining for silver. The project is easily accessed via paved national highways and a well-maintained gravel road sufficient for the requirements of an exploration program.