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Trigon Metals Announces Positive Mineral Resource Update and Corporate Update
Apr. 20, 2017 08:31AM PST
Base Metals Investing
Trigon Metals Inc. (TSXV:TM) (“Trigon” or the “Company”) is pleased to announce an updated mineral resource estimate at its Kombat Mine located in northern Namibia of Inferred Mineral Resources of 6.26 million tonnes grading 2.97% copper, 1.00% lead and 20.99 g/t silver, at a cut-off grade of 0.77% copper equivalent for the surface accessible (open …
Trigon Metals Inc. (TSXV:TM) (“Trigon” or the “Company”) is pleased to announce an updated mineral resource estimate at its Kombat Mine located in northern Namibia of Inferred Mineral Resources of 6.26 million tonnes grading 2.97% copper, 1.00% lead and 20.99 g/t silver, at a cut-off grade of 0.77% copper equivalent for the surface accessible (open pit) portion and 1.4% copper equivalent cut-off grade for the underground portion.
As quoted in the press release:
Stephan Theron, President and CEO of Trigon, commented: “The updated consolidated mineral resource numbers have met our expectations and provide management with a substantial base from which to grow Trigon into a mid-tier producer. We are pleased to have achieved this early stage milestone, and look forward to reporting progress on the implementation of the first phase of our strategic plan for near-term surface mining. We would also like the welcome Bob Schafer to the board and Brett Richards as Chairman of the board. Furthermore, we wish to thank Messrs. Nielson and Hoffman for their services to the Company.”
