TRINITY ONE Stock Price, News & Analysis

Trinity One Metals Ltd. (OTC Pink: ARJNF), trading on the TSX Venture Exchange under the symbol TOM, is a junior mineral exploration company active in the basic materials sector. According to company disclosures, it focuses on precious and base metals projects and aims to build a portfolio of high growth exploration assets. The company has described its strategy as targeting projects with strong geological fundamentals and clear catalysts for value creation through disciplined modern exploration.

Business focus and exploration strategy

Trinity One Metals states that it is focused on discovering and advancing high-quality resource opportunities. In its public communications, the company highlights a science-driven approach to exploration, emphasizing systematic work programs and responsible field practices. It notes that it targets underexplored terranes with geological potential for precious and critical metals, and has referenced an exploration portfolio that includes projects in Mongolia and Australia.

The company also indicates that it seeks exposure to metals that are in demand in global markets. In a corporate overview, Trinity One Metals describes itself as a precious and base metals explorer focused on assembling and advancing a portfolio of projects with the potential to deliver discovery and growth.

Silver-1 Mine and San Bartolomé Project in Ecuador

Trinity One Metals has announced an agreement to acquire 100% of the issued and outstanding shares of a private company that owns Ecuador Gold S.A., the registered titleholder of the San Bartolomé Project in southern Ecuador. This project comprises the "Silver-1" concession, referred to by the company as the Silver-1 Mine. The company has stated that, upon closing of the transaction, it expects to obtain full corporate control of the entity that holds the Silver-1 concession and associated historical project data, permitting information, and documentation.

According to the company, the Silver-1 Mine is a past producing, high grade silver system with multiple pathways for modern verification and expansion. The concession area is reported to cover approximately 3,108 hectares in Azuay Province, in southern Ecuador, located roughly 20 kilometres southeast of the city of Cuenca. The project area lies at elevations of about 2,800 to 3,300 metres above sea level and is described as being accessible by road from Cuenca, with established regional infrastructure and access.

Public technical descriptions cited by Trinity One Metals classify mineralisation at Silver-1 as an epizonal silver-lead-zinc vein system forming part of the broader Cañar-Azuay silver belt of southern Ecuador. The company notes that mineralisation consists of numerous sub-parallel, near-vertical sulphide veins arranged in elongated, step-like zones striking east-northeast. Published literature referenced by the company indicates that mineralisation remains open along strike and down dip beyond the limits of historical underground workings.

Historical work and past production at Silver-1

Trinity One Metals has summarized a long history of exploration and small-scale mining at the Silver-1 Mine based on public technical reports and peer-reviewed literature. The deposit was initially discovered in 1966 following a regional geochemical survey conducted under a United Nations Development Programme initiative, which identified anomalous silver and base metal signatures and led to follow-up exploration.

Subsequent work between 1969 and 1972 reportedly included geophysical surveys, detailed soil geochemistry, trenching, and eight diamond drill holes, which identified mineralisation in two principal sectors within the concession: the Shunaste Sector and the Ocashuaico Sector. Further investigations between 1976 and 1978 by the United Nations Rotary Foundation are described as including additional trenching, drilling, and exploration pits, supporting advancement of the project toward small-scale production.

The company reports that from 1989 to 1994 a joint venture between Nissho Iwai of Japan and Ag-Armeno Mines & Minerals Inc. of Canada carried out further exploration and small-scale mining at Silver-1. During that period, mining operations were conducted on two principal vein structures accessed from three main levels via adits, using underground mining methods. Trinity One Metals cites historical information indicating that approximately 3,570 metres of underground development were completed and that a 100 tonne per day mill was reported to have been in operation. An historical tailings dam has been identified on site and is expected by the company to be subject to further economic assessment; the company notes that it has not yet verified the historical site infrastructure.

Exploration target and NI 43-101 cautionary language

In its technical disclosure, Trinity One Metals refers to historical tonnage and grade information summarized in a 1993 publication as an exploration target rather than a current mineral resource or reserve. The company explains that the underlying primary source report is not currently available and that key estimation methodologies, parameters, and assumptions are not disclosed. As a result, the company states that it is not treating the historical figures as a current mineral resource or mineral reserve.

The company describes the potential quantity and grade of the exploration target as conceptual in nature, with insufficient exploration by Trinity One to define a current mineral resource, and notes that it is uncertain whether further exploration will result in the target being delineated as a mineral resource. It outlines that, to verify and upgrade the historical estimate, it would need to obtain and validate underlying historical data, confirm density and geological interpretations, and complete sufficient modern drilling and sampling under appropriate quality assurance and quality control procedures to support a current mineral resource estimate in accordance with National Instrument 43-101.

Corporate evolution and name change

Before adopting its current name, the company operated as Aranjin Resources Ltd. Under that name, it was active as a junior exploration company and maintained projects in South Australia and Mongolia. Public announcements describe the use of private placements and debt settlements to fund project maintenance and working capital. The company has disclosed that it applied to change its name to Trinity One Metals Ltd., with its TSX Venture Exchange ticker changing from ARJN to TOM. The OTC symbol ARJNF reflects trading in the United States over-the-counter market.

In its description as Trinity One Metals, the company reiterates its focus on discovering and advancing high-quality resource opportunities in Mongolia and Australia, targeting underexplored terranes with strong geological potential for precious and critical metals. It also emphasizes responsible field practices and engagement with local communities as part of its exploration approach.

Capital markets activity

Trinity One Metals and its predecessor Aranjin Resources have used non-brokered private placements and related-party transactions, subject to applicable securities regulations, to raise funds for exploration activities, project maintenance, and general working capital. These financings have involved the issuance of units consisting of common shares and warrants, with terms and pricing disclosed in news releases and subject to TSX Venture Exchange acceptance. The company has also used share-based debt settlements with certain creditors, again subject to regulatory approvals and hold periods under securities laws.

Governance and technical oversight

Public disclosures indicate that Trinity One Metals is overseen by a board of directors with experience in mining, capital markets, and project development. The company has reported changes in its board and management over time, including director appointments and resignations, and changes in its chief financial officer and corporate secretary roles.

The company states that scientific and technical information in its news releases is reviewed by a Qualified Person as defined by National Instrument 43-101. In connection with the Silver-1 Mine disclosure, Trinity One Metals notes that an independent geological consultant, qualified under NI 43-101, has reviewed and approved the technical content.

Position within the basic materials sector

Within the basic materials sector, Trinity One Metals is positioned as a junior exploration issuer rather than a producing mining company. Its activities, as described in public communications, focus on early-stage and advanced exploration, verification of historical data, and the potential advancement of projects toward modern resource estimates. The company’s exposure to precious and base metals, including silver and other metals associated with epizonal vein systems, aligns it with investors interested in exploration-stage opportunities and geological upside.