Trigon Further Expands Mineralized Zones at Kombat Mine, Namibia – Intersects 8 Metres at 10.44% Cu and 35.34 g/t Ag
Trigon Metals (TSX-V: TM, OTCQB: PNTZF) has announced significant drilling results from its Kombat mine in Namibia, revealing high-grade copper and silver intersections across multiple levels. Notable findings include 8 metres at 10.44% Cu and 35.34 g/t Ag at Level 1, and 3 metres at 6.81% Cu and 87.83 g/t Ag at Level 3.
The drilling program targeted orebodies adjacent to historic workings and near existing underground development at Shaft 1, with holes drilled at levels 1, 3, and 4. The results have extended known mineralization and mineable tonnes in the upper levels. The company also issued a correction regarding previous disclosure about the planned sale of its interest in the Kombat Mine to Horizon , clarifying that Trigon holds an 80% interest in five mining licenses in the Otavi Mountainlands.
Trigon Metals (TSX-V: TM, OTCQB: PNTZF) ha annunciato risultati significativi di perforazione dal suo miniera Kombat in Namibia, rivelando intersezioni di rame e argento di alta qualità su più livelli. I risultati notevoli includono 8 metri a 10,44% di Cu e 35,34 g/t di Ag al Livello 1 e 3 metri a 6,81% di Cu e 87,83 g/t di Ag al Livello 3.
Il programma di perforazione ha mirato ai corpi minerari adiacenti ai lavori storici e vicino allo sviluppo sotterraneo esistente presso il Pozzo 1, con fori perforati ai livelli 1, 3 e 4. I risultati hanno ampliato la mineralizzazione conosciuta e le tonnellate estraibili nei livelli superiori. La società ha anche emesso una correzione riguardo a una precedente comunicazione sulla vendita prevista della sua partecipazione nella miniera Kombat a Horizon, chiarendo che Trigon detiene un interesse dell'80% in cinque licenze minerarie nelle Otavi Mountainlands.
Trigon Metals (TSX-V: TM, OTCQB: PNTZF) ha anunciado resultados significativos de perforación de su mina Kombat en Namibia, revelando intersecciones de cobre y plata de alta calidad en múltiples niveles. Los hallazgos notables incluyen 8 metros a 10,44% de Cu y 35,34 g/t de Ag en el Nivel 1, y 3 metros a 6,81% de Cu y 87,83 g/t de Ag en el Nivel 3.
El programa de perforación se centró en cuerpos minerales adyacentes a trabajos históricos y cerca del desarrollo subterráneo existente en el Pozo 1, con perforaciones realizadas en los niveles 1, 3 y 4. Los resultados han ampliado la mineralización conocida y las toneladas extraíbles en los niveles superiores. La compañía también emitió una corrección sobre la divulgación previa acerca de la venta prevista de su participación en la Mina Kombat a Horizon, aclarando que Trigon posee un interés del 80% en cinco licencias minerales en las Tierras Altas de Otavi.
트리곤 메탈스 (TSX-V: TM, OTCQB: PNTZF)는 나미비아의 킴바트 광산에서 중요한 채굴 결과를 발표하며, 여러 층에서 고품질 구리와 은의 교차점을 드러냈습니다. 주목할 만한 발견으로는 1층에서 10.44% 구리와 35.34 g/t 은에 해당하는 8미터와 3층에서 6.81% 구리와 87.83 g/t 은에 해당하는 3미터가 있습니다.
채굴 프로그램은 역사적인 작업에 인접한 광체와 현재 1번 샤프트의 지하 개발 근처를 목표로 하였으며, 1층, 3층, 4층에서 홀을 천공했습니다. 이 결과는 상부 층에서 알려진 광물화 및 채굴 가능한 톤수를 확장했습니다. 회사는 또한 호라이즌에 대한 킴바트 광산 지분 매각 계획에 대한 이전 공시와 관련하여 수정을 발표하며, 트리곤이 오타비 산맥에서 다섯 개의 광산 라이센스에 대한 80%의 지분을 보유하고 있다고 명확히 했습니다.
Trigon Metals (TSX-V: TM, OTCQB: PNTZF) a annoncé des résultats de forage significatifs de sa mine Kombat en Namibie, révélant de hautes intersections en cuivre et en argent à plusieurs niveaux. Les résultats notables incluent 8 mètres à 10,44 % Cu et 35,34 g/t Ag au Niveau 1, et 3 mètres à 6,81 % Cu et 87,83 g/t Ag au Niveau 3.
Le programme de forage a ciblé des gisements adjacents à des travaux historiques et à un développement souterrain existant au Puits 1, avec des trous forés aux niveaux 1, 3 et 4. Les résultats ont étendu la minéralisation connue et les tonnes exploitables dans les niveaux supérieurs. La société a également publié une correction concernant la divulgation précédente au sujet de la vente prévue de son intérêt dans la mine Kombat à Horizon, précisant que Trigon détient un intérêt de 80 % dans cinq licences minières dans les montagnes d'Otavi.
Trigon Metals (TSX-V: TM, OTCQB: PNTZF) hat bedeutende Bohrergebnisse aus seiner Kombat-Mine in Namibia veröffentlicht, die hochgradige Kupfer- und Silberabschnitte in mehreren Ebenen zeigen. Zu den bemerkenswerten Ergebnissen gehören 8 Meter mit 10,44% Cu und 35,34 g/t Ag auf Ebene 1 und 3 Meter mit 6,81% Cu und 87,83 g/t Ag auf Ebene 3.
Das Bohrprogramm zielte auf Erzvorkommen in der Nähe historischer Arbeiten und bestehender unterirdischer Entwicklungen bei Schacht 1 ab, wobei Löcher auf den Ebenen 1, 3 und 4 gebohrt wurden. Die Ergebnisse haben die bekannten Mineralisierungen und abbaubaren Tonnen in den oberen Ebenen erweitert. Das Unternehmen gab auch eine Korrektur zu einer früheren Mitteilung über den geplanten Verkauf seiner Beteiligung an der Kombat-Mine an Horizon heraus und stellte klar, dass Trigon an fünf Bergbaulizenzen in den Otavi-Bergen einen Anteil von 80% hält.
- High-grade copper intersections discovered: 10.44% Cu over 8 metres
- Significant silver content in findings: up to 87.83 g/t Ag
- Successfully extended known mineralization zones
- Multiple promising intersections across different mine levels
- True intercept width of drilling results is unknown
- Planned sale of mine interest indicates potential divestment
Figure 1 : Shaft #1 Drill Core from Level 1 Sub-level 1 – KWO-239 -- Figure 1 shows massive bornite adjacent to a stope at the end of hole (KWO239). (Photo: Business Wire)
Highlights – Level 1 sub 1 (45 metres from surface)
-
KWO-238: 12 metres at
2.27% Cu and 30.41 g/t Ag -
KWO-239: 8 metres at
10.44% Cu and 35.34 g/t Ag
Highlights – Level 3 sub 1 (105 metres from surface)
-
KWO-242: 3 metres at
6.81% Cu and 87.83 g/t Ag -
KWO-256: 5 metres at
1.40% Cu and 21.89 g/t Ag -
KWO-257: 6 metres at
1.40% Cu and 13.95 g/t Ag
Highlights – Level 4 (120 metres from surface)
-
KWO04L-319: 6 metres at
2.15% Cu and 41.20 g/t Ag -
KWO04L-323: 5 metres at
3.08% Cu -
KWO04L-324: 9 metres at
1.94% Cu and 21.73 g/t Ag
Drillholes KWO-238 and KWO-239 were drilled on the eastern margin of the Sublevel 1.1 of the mined out orebody, about 45 metres from surface. These two holes intersected significant grade approximately 24 metres from the closest historical drillhole results known as OMEG orebodies (refer to Figure 4). These orebodies are conformed with the regional strike-length of the Kombat trend (E-W).
Drillhole KWO-242 was drilled southwards, defining the orebody thickness which is extending to the East of level 3 sub-1. This area is about 105 metres from surface and the intersections were 5m long (refer to Figure 5). Similarly, drillholes KWO-256 and KWO-257 were drilled at angles of 15ᵒ to 30ᵒ to outline vertical continuity of the orebody. These holes also intersected mineralization between 23 and 25 metres, defining a clear zone of mineralisation (refer to Figure 6).
Drillhole KWO04L-319 was drilled towards the western margin of the existing development on level 4, about 155 metres from surface. This drill hole was aimed at defining the vertical extend as a follow up to the closest historical intercepts. Similarly, drillholes KWO04L-323 and KWO04L-324 were drilled on the western margin of the Level 4, where multiple intercepts were drilled between 4 and 20 metres from their nearest historical intercepts (refer to Figure 7).
Jed Richardson, CEO and Executive Chairman of Trigon, commented, “This follow up drilling is very encouraging in grade and intersection width and further increases our confidence in our mineral resource and reserve models as we continue to open up new stopes with high grade copper ore.”
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,
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.
Correction Notice
The Company wishes to clarify disclosure in its press release dated January 20, 2025, regarding the planned transaction between Trigon and Horizon Corporation Ltd. ("Horizon"). The section previously titled “Proposed Strategic Sale of the Kombat Mine” has been revised to “Planned Strategic Sale of Trigon’s Interest in the Kombat Mine.”
Additionally, the statement “Trigon’s management team continues to advance the sale of the Kombat Mine to Horizon Corporation Ltd.” has been corrected to “Trigon’s management team continues to advance the sale of the Company’s interest in the Kombat Mine to Horizon Corporation Ltd. (‘Horizon’).”
Trigon currently holds an
Cautionary Notes
This news release may contain forward-looking statements. These statements include statements regarding the exploration drilling at the Kombat Mine, mineral resource estimate calculation, the Company’s ability to produce a NI 43-101 compliant mineral resource estimate, the prospectivity and mineralization at the Kombat Mine, the financial viability of Trigon, the Company’s ability to complete a sale of the Company’s interest in the Kombat mine, the Company’s strategies and the Company’s abilities to execute such strategies, the economic viability of the Kombat Mine, the Company’s expectations for the Kombat Mine, the potential transaction with Horizon, the Company’s ability to continue to obtain financing 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250123901758/en/
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.
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