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Trigon Further Expands Mineralized Zones at Kombat Mine, Namibia – Intersects 5 Metres at 11.21% Cu and 117.89 g/t Ag

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Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) has announced significant results from recent underground drilling at Shaft 1, levels 3 and 5, of the Kombat mine in Namibia. The drilling has expanded known mineralization zones and increased grades near existing development, allowing for potential near-term mining as the company focuses on underground operations.

Key highlights include:

  • Level 3 (105m depth): 5m at 11.21% Cu and 117.89 g/t Ag
  • Level 5 (120m depth): 4m at 2.83% Cu and 49.75 g/t Ag

The results have extended mineralization by 8-16m on Level 3 and 80-84m on Level 5 from previous historical intercepts. CEO Jed Richardson noted that these findings demonstrate significant unrealized value in the mine, while VP Exploration Dr. Andreas Rompel expressed confidence in increasing grades with depth.

Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) ha annunciato risultati significativi da recenti perforazioni sotterranee presso il Pozzo 1, livelli 3 e 5, della miniera Kombat in Namibia. Le perforazioni hanno espanso le zone di mineralizzazione conosciute e aumentato i gradi vicino allo sviluppo esistente, consentendo potenziali estrazioni a breve termine mentre l'azienda si concentra sulle operazioni sotterranee.

I punti salienti includono:

  • Livello 3 (105m di profondità): 5m a 11.21% Cu e 117.89 g/t Ag
  • Livello 5 (120m di profondità): 4m a 2.83% Cu e 49.75 g/t Ag

I risultati hanno esteso la mineralizzazione di 8-16m al Livello 3 e di 80-84m al Livello 5 rispetto ai precedenti intercetti storici. Il CEO Jed Richardson ha osservato che queste scoperte dimostrano un valore significativo non realizzato nella miniera, mentre il VP Esplorazione Dr. Andreas Rompel ha espresso fiducia nell'aumento dei gradi con la profondità.

Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) ha anunciado resultados significativos de perforaciones subterráneas recientes en el Pozo 1, niveles 3 y 5, de la mina Kombat en Namibia. Las perforaciones han expandido las zonas de mineralización conocidas y aumentado los grados cerca del desarrollo existente, lo que permite la posibilidad de minería a corto plazo mientras la empresa se centra en las operaciones subterráneas.

Los puntos destacados incluyen:

  • Nivel 3 (105m de profundidad): 5m a 11.21% Cu y 117.89 g/t Ag
  • Nivel 5 (120m de profundidad): 4m a 2.83% Cu y 49.75 g/t Ag

Los resultados han ampliado la mineralización en 8-16m en el Nivel 3 y en 80-84m en el Nivel 5 desde los interceptos históricos previos. El CEO Jed Richardson señaló que estos hallazgos demuestran un valor significativo no realizado en la mina, mientras que el VP de Exploración, Dr. Andreas Rompel, expresó confianza en aumentar los grados con la profundidad.

트리고 메탈스 Inc. (TSX-V: TM, OTCQB: PNTZF)은 나미비아의 콤바트 광산에서 1번 샤프트의 3층 및 5층에서 최근 지하 굴착에서 중요한 결과를 발표했습니다. 이 굴착은 지속적으로 알려진 광물화 구역을 확대하고 기존 개발 근처의 등급을 증가시켜 회사가 지하 작업에 집중함에 따라 단기 채굴 가능성을 허용했습니다.

주요 하이라이트는 다음과 같습니다:

  • 3층 (105m 깊이): 5m에서 11.21% Cu 및 117.89 g/t Ag
  • 5층 (120m 깊이): 4m에서 2.83% Cu 및 49.75 g/t Ag

이 결과는 이전 역사적 인터셉트에 비해 3층에서 8-16m, 5층에서 80-84m 만큼 광물화를 확장했습니다. CEO 제드 리차드슨은 이러한 발견이 광산에서 실현되지 않은 중요한 가치를 보여준다고 언급했으며, 탐사 부사장 안드레아스 롬펠 박사는 깊이에 따라 등급이 증가할 것이라는 자신감을 나타냈습니다.

Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) a annoncé des résultats significatifs des récents forages souterrains au puits 1, niveaux 3 et 5, de la mine Kombat en Namibie. Les forages ont élargi les zones de minéralisation connues et augmenté les teneurs près des développements existants, permettant une exploitation minière potentielle à court terme alors que l'entreprise se concentre sur les opérations souterraines.

Les points clés incluent :

  • Niveau 3 (105m de profondeur) : 5m à 11.21% Cu et 117.89 g/t Ag
  • Niveau 5 (120m de profondeur) : 4m à 2.83% Cu et 49.75 g/t Ag

Les résultats ont étendu la minéralisation de 8 à 16m au niveau 3 et de 80 à 84m au niveau 5 par rapport aux précédents intercepts historiques. Le PDG Jed Richardson a noté que ces découvertes démontrent une valeur significative non réalisée dans la mine, tandis que le VP Exploration Dr. Andreas Rompel a exprimé sa confiance dans l'augmentation des teneurs avec la profondeur.

Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) hat bedeutende Ergebnisse aus den kürzlich durchgeführten Untertagebohrungen im Schacht 1, Ebenen 3 und 5, der Kombat-Mine in Namibia bekannt gegeben. Die Bohrungen haben die bekannten Mineralisierungszonen erweitert und die Gehalte in der Nähe bestehender Entwicklungen erhöht, was potenzielle kurzfristige Abbaumöglichkeiten eröffnet, während das Unternehmen sich auf Untertagebetriebe konzentriert.

Wichtige Höhepunkte sind:

  • Ebene 3 (105m Tiefe): 5m mit 11.21% Cu und 117.89 g/t Ag
  • Ebene 5 (120m Tiefe): 4m mit 2.83% Cu und 49.75 g/t Ag

Die Ergebnisse haben die Mineralisierung um 8-16m in Ebene 3 und um 80-84m in Ebene 5 im Vergleich zu vorherigen historischen Interzepten erweitert. CEO Jed Richardson stellte fest, dass diese Erkenntnisse einen signifikanten, unausgeschöpften Wert in der Mine zeigen, während VP Exploration Dr. Andreas Rompel sein Vertrauen in die zunehmenden Gehalte mit der Tiefe äußerte.

Positive
  • High-grade copper and silver intercepts discovered, including 5m at 11.21% Cu and 117.89 g/t Ag
  • Expansion of known mineralization zones, potentially increasing mineable resources
  • Proximity to existing development allows for near-term mining opportunities
  • Results confirm prediction of increasing grades with depth
Negative
  • None.

TORONTO--(BUSINESS WIRE)-- Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) (“Trigon” or the “Company”) is pleased to announce the results of drilling from recent underground drilling at Shaft 1 at levels 3 and 5 at the Kombat mine. These holes were intended as confirmation but have significantly increased the grade and extended the known mineralization in the zone (see Figure 1 and 2). The holes targeted orebodies adjacent to historic workings and close to existing development thus allowing for near-term mining as Trigon ramps up and focuses solely on underground operations.

Figure 1: Drill Core from KWO-217 -- Depiction of massive bornite with traces of chalcopyrite, occurring in a weak zone possible fault zone. (Photo: Business Wire)

Figure 1: Drill Core from KWO-217 -- Depiction of massive bornite with traces of chalcopyrite, occurring in a weak zone possible fault zone. (Photo: Business Wire)

Highlights – Level 3 (105 metres from surface)

  • KWO-217: 5 metres at 11.21% Cu and 117.89 g/t Ag
  • KWO-218: 8 metres at 2.55% Cu and 18.65 g/t Ag
  • KWO-221: 9 metres at 3.93% Cu and 56.13 g/t Ag

Highlights – Level 5 (120 metres from surface)

  • KWO-194: 2 metres at 4.36% Cu and 22.27 g/t Ag
  • KWO-198: 4 metres at 2.83% Cu and 49.75 g/t Ag

Drillholes KWO-217, KWO-218 and KWO-221 were drilled on the South-Eastern margin of the sublevel 3.1, about 105m from surface where they all intercepted significant intercepts of mineralization between 8 metres and 16 metres to the North-East, South-West of their closest historical intercepts. Similarly, drillholes KWO-194 and KWO-198 were drilled on the Southern margin of the Level 5, about 150m from surface where multiple intercepts found between 80 metres and 84 metres to the East-West from their nearest historical intercepts (refer to Figure 3 and 4).

Jed Richardson, CEO and Executive Chairman of Trigon Metals, commented, Even with 45 years of mining history at Kombat, the deposit continues to surprise us with new high-grade ore -- even adjacent to old developments. There is tremendous value in this mine yet to be realized in our market capitalization.”

Dr. Andreas Rompel, Trigon’s VP Exploration, adds, “We are very excited about the grade we are intersecting in these holes as we forecast that the grade increases with depth, and these results are the confirmation of the prediction. Higher grade, together with the current high copper price make us very confident of a great future for the mine.”

Quality Assurance & Quality Control (QA/QC)

All sample assay results have been monitored through the Company's quality assurance / quality control (QA / QC) program following E2941 − 21 Standard Practices for Extraction of Elements from Ores and Related Metallurgical Materials by 4 acid Digestion with ICPOES finish. Drill core was sent to an independent laboratory, African Laboratory Specialists Namibia (“ALS”), for analysis. ALS is an independent laboratory, located in Kombat, Namibia. Core samples were prepared using the ASTM procedures. Sample size: 3 kg, crushed split to 250g weighed sample (+/- 0.5000g).

Qualified Person

The scientific and technical information in this release has been reviewed and approved by Dr. Andreas Rompel, Pr.Sci.Nat. (400274/04), FSAIMM, the Company’s “qualified person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding the exploration drilling at the Kombat Mine, the prospectivity and mineralization at the Kombat Mine, the Company’s exploration and drilling program, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Kombat Mine, and the Company’s future plans and objectives. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, contact Tom Panoulias, VP Corporate Development:

+1 (647) 276-6002 x 1127

tom.panoulias@trigonmetals.com

Website: www.trigonmetals.com

Source: Trigon Metals Inc.

FAQ

What were the key drilling results at Trigon Metals' Kombat Mine?

The key drilling results at Trigon Metals' Kombat Mine included 5 meters at 11.21% Cu and 117.89 g/t Ag on Level 3, and 4 meters at 2.83% Cu and 49.75 g/t Ag on Level 5.

How has the recent drilling affected Trigon Metals' (PNTZF) Kombat Mine project?

The recent drilling has expanded known mineralization zones and increased grades near existing development, potentially allowing for near-term mining opportunities and demonstrating significant unrealized value in the Kombat Mine project.

What is the depth of the new mineralization zones discovered at Trigon's Kombat Mine?

The new mineralization zones were discovered at Level 3, approximately 105 meters from the surface, and Level 5, about 120 meters from the surface.

How far have the new drill results extended the mineralization at Trigon's Kombat Mine?

The new drill results have extended mineralization by 8-16 meters on Level 3 and 80-84 meters on Level 5 from previous historical intercepts at the Kombat Mine.

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