For thousands of other reports visit RSC's Mineral Intellingence Map
Trigon Metals Inc.
Summary
| Project: | Kombat Mine | |
|---|---|---|
| Deposit: | Kombat Mine | |
| Location: | Namibia | |
| Commodities: | Copper-Lead-Silver | |
| Date: | 4/20/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-4-2017: Trigon Metals Inc. announces a Resource Estimation report for its Kombat Mine deposit at the Kombat Mine project. Updated mineral resource estimate at Kombat mine. Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) is pleased to announc | |
| Resources: | (Resource, Inf.): 6.905Mt @ 2.78% Cu, 1.14% Pb, 19.11ppm Ag at Kombat mine | |
| CP/QP: | [Resources]: Uwe Engelmann (Minxcon Pty Ltd.) | |
| ABSTRACT: | Trigon Metals Inc. (TSX-V: 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. The Kombat Mine is Trigon’s flagship property, having produced in excess of 12 million tonnes at a grade of 2.62% copper, 1.55% lead and 18 g/t silver between 1962 and 2008. The Kombat Mine assets form a solid foundation for growth and creation of shareholder value, with near term production plans underway. The Company intends to make use of the extensive existing infrastructure to bring the Kombat Mine back into production, both in terms of the near-term surface mining and ultimately the underground operations. 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.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report