Welcome to our dedicated page for Trigon Metals news (Ticker: PNTZF), a resource for investors and traders seeking the latest updates and insights on Trigon Metals stock.
Trigon Metals Inc. (PNTZF; TSX-V: TM) is a Canadian exploration and development company focused on copper and silver projects in Namibia and Morocco. The news flow around Trigon centers on exploration milestones, project-level transactions, financing arrangements and corporate updates that shape the company’s strategy in African mining jurisdictions.
Recent announcements highlight a planned strategic transition driven by the proposed sale of Trigon’s interest in the Kombat Mine in Namibia to an affiliate of Horizon Corporation. News releases detail shareholder approval for this transaction, competition authority clearance in Namibia, loan amendments with Horizon to support operations during the transition and the structure of instalment payments and royalties tied to the mine’s future performance.
Investors following Trigon’s news can also expect updates on exploration progress at the Addana and Silver Hill projects in Morocco and at the Kalahari Copperbelt Project in Namibia. The company has reported drone-based aeromagnetic surveys, 3D inversion results and the definition of new exploration targets, as well as the launch of an inaugural drilling campaign at Addana targeting silver-bearing polymetallic vein systems.
Additional disclosures include financial reporting such as quarterly and annual results, information on private placements, and changes in significant shareholdings, including early warning reports related to large investors. For those tracking copper and silver exploration activity in Africa, Trigon’s news provides insight into project advancement, capital structure developments and the execution of its exploration-focused strategy.
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Trigon Metals Inc. (TSX-V: TM; OTCQB: PNTZF) has reported positive drilling results from the Kombat Mine in Namibia, confirming the continuity of the Kombat trend mineralization in the Kavango North area, located 150 meters north of the Main Kavango Pit. Significant intersections include Hole 8 with 17m at 3.62% Cu and 32.9 g/t Ag, and Hole 9 with 14m at 4.02% Cu and 43.7 g/t Ag. Drilling has successfully confirmed previously thought barren areas, enhancing the resource and mine plan by adding high-grade ore and reducing the overall strip ratio. Operations are set to commence with the first blast scheduled for May 16, 2023, and all necessary equipment is in place. Furthermore, the company will host a Virtual Non-Deal Roadshow on May 2 and May 4, 2023.
Trigon Metals Inc. (OTCQB: PNTZF) has announced new drilling results from the East 400 area of its Kombat Mine in Namibia, confirming significant mineralization. Notable results include:
- Hole 4C: 13m at 1.78% Cu from 28m
- Hole 4D: 3m at 2.69% Cu and 28.7g/t Ag from 22m
- Hole 5C: 10m at 1.53% Cu from 21m
- Hole 6C: 12m at 1.98% Cu from 41m
These results indicate strong mineral continuity and support plans for an open-pit blast in April. The company is preparing a detailed mine plan and work on the tailings facility is underway.
Trigon Metals Inc. (OTCQB: PNTZF) has announced the anticipated reopening of the Kombat Mine by Q2 2023, with all necessary drilling completed for a restart of operations. The company has welcomed new geological staff and is preparing for underground mining set to commence in 2024. Trading on the OTCQB started on January 6, 2023. Additionally, Trigon has engaged Renmark Financial for enhanced investor relations and will host a live virtual presentation on January 26, 2023, to discuss company updates. The company also achieved DTC eligibility, facilitating smoother trading processes for investors.