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Trigon Metals Inc.
Summary
| Project: | Kombat Mine | |
|---|---|---|
| Deposit: | Kombat Mine | |
| Location: | Namibia | |
| Commodities: | Copper-Lead-Silver | |
| Date: | 2/6/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 6-2-2018: Trigon Metals Inc. announces a PEA report for its Kombat Mine deposit at the Kombat Mine project. Open-pit PEA results incl. NPV (10.92%) of $96M, IRR of 85.2%, and an updated Mineral Resource. Minxcon (Pty) Ltd (“Minxcon”) was commissioned by T | |
| Resources: | (Resource, I+I): 7.04Mt @ 2.64% Cu, 1.13% Pb, 18.58ppm Ag at Kombat Operations | |
| CP/QP: | [Resources]: Uwe Engelmann (Minxcon Pty Ltd.) | |
| ABSTRACT: | Minxcon (Pty) Ltd (“Minxcon”) was commissioned by Trigon Metals Inc. (“Trigon” or “the Client”) to complete an updated Mineral Resource estimation on their Kombat Copper Project (“Kombat” or “Project”), situated in Grootfontein District, Otjozondjupa Region, Namibia. This Report was compiled in compliance with the specifications embodied in the Standards of Disclosure for Mineral Projects as set out by the Canadian Code for reporting of Mineral Resources and Mineral Reserves - National Instrument 43-101 (Standards of Disclosure for Mineral Projects), Form 43-101F1 and the Companion Policy Document 43-101CP (“NI 43-101”). Only terms as defined by The Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) have been utilised in this Report. The Kombat Copper Project occurs within the Otavi Mountain Range in a region which is associated historically and currently with high grade copper mineralisation and as such, is characterised by numerous historic mine workings and prospects. The copper mineralisation is also associated with substantial lead and silver content. Kombat is situated on the B8 road to Grootfontein, some 37 km east of Otavi and 45 km due west of Grootfontein. The small ex-mining town of Kombat lies adjacent to the south of the Project. The Project is easily accessible via paved roads with direct access to the individual properties via unpaved district and farm roads. A rail network traverses the Project Areas, linking the Kombat concentrator to the Tsumeb smelter in Tsumeb as well as Walvis Bay port some 500 km southwest. | |
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