Trigon Identifies New Zone in the Vicinity of Shaft #3 of Kombat Mine, Namibia
Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) has announced positive drilling results from a new zone near Shaft #3 of the Kombat mine in Namibia. The drilling program, which includes approximately 3,500 meters planned by year-end, has yielded several high-grade copper intersections outside the current proven and probable reserves. Notable results include 3.32% Cu over 7 meters and 2.65% Cu over 3 meters.
CEO Jed Richardson emphasized the importance of expanding reserves at Shaft #3 to increase extraction capacity beyond the current 1,000 tpd limit. The company plans to increase plant throughput to 2,000 tpd next year. Trigon will calculate volumes and tonnes based on drilling intersections and continue drilling to upgrade the mineral resource estimate category. The variability in grades suggests heterogeneous mineralization, which requires further understanding for accurate resource estimation and extraction planning.
Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) ha annunciato risultati di perforazione positivi da una nuova zona vicino all'Ascensore #3 della miniera di Kombat in Namibia. Il programma di perforazione, che include circa 3.500 metri pianificati entro la fine dell'anno, ha prodotto diverse intersezioni di rame ad alta legge al di fuori delle riserve provate e probabili attuali. Risultati notevoli includono 3.32% di Cu su 7 metri e 2.65% di Cu su 3 metri.
Il CEO Jed Richardson ha sottolineato l'importanza di espandere le riserve nell'Ascensore #3 per aumentare la capacità di estrazione oltre il limite attuale di 1.000 tpd. L'azienda prevede di aumentare il throughput dell'impianto a 2.000 tpd il prossimo anno. Trigon calcolerà volumi e tonnellate basandosi sulle intersezioni di perforazione e continuerà a perforare per aggiornare la categoria di stima delle risorse minerali. La variabilità nei gradi suggerisce una mineralizzazione eterogenea, che richiede una comprensione ulteriore per una stima accurata delle risorse e una pianificazione dell'estrazione.
Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) ha anunciado resultados positivos de perforación de una nueva zona cerca del Eje #3 de la mina Kombat en Namibia. El programa de perforación, que incluye aproximadamente 3,500 metros planificados para fin de año, ha producido varias intersecciones de cobre de alta ley fuera de las reservas probadas y probables actuales. Resultados notables incluyen 3.32% de Cu sobre 7 metros y 2.65% de Cu sobre 3 metros.
El CEO Jed Richardson enfatizó la importancia de expandir las reservas en el Eje #3 para aumentar la capacidad de extracción más allá del límite actual de 1,000 tpd. La empresa planea aumentar la capacidad de procesamiento de la planta a 2,000 tpd el próximo año. Trigon calculará volúmenes y toneladas basándose en las intersecciones de perforación y continuará perforando para actualizar la categoría de estimación de recursos minerales. La variabilidad en las leyes sugiere mineralización heterogénea, lo que requiere una comprensión adicional para una estimación precisa de los recursos y la planificación de la extracción.
트리곤 메탈스 주식회사 (TSX-V: TM, OTCQB: PNTZF)는 나미비아의 콤바트 광산 샤프트 #3 근처의 새로운 지역에서 긍정적인 시추 결과를 발표했습니다. 연말까지 약 3,500미터의 시추 프로그램이 계획되어 있으며, 현재의 확인된 예상 매장량 외부에서 여러 고급 구리 교차점이 발견되었습니다. 주목할 만한 결과로는 7미터에서 3.32% Cu와 3미터에서 2.65% Cu가 있습니다.
CEO 제드 리처드슨은 샤프트 #3의 매장량 확장이 현행 1,000 tpd 제한을 넘어 채굴 능력을 증가시키는 것의 중요성을 강조했습니다. 이 회사는 내년에 공장 처리량을 2,000 tpd로 늘릴 계획입니다. 트리곤은 시추 교차점을 바탕으로 물량과 톤수 계산을 하고, 광물 자원 추정 범주를 업그레이드하기 위해 계속 시추할 것입니다. 등급의 변동성은 이질적인 광물화가 필요하다는 것을 나타내며, 이는 자원 추정과 채굴 계획을 위한 정확한 이해를 위해 더 많은 연구가 필요합니다.
Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) a annoncé des résultats de forage positifs d'une nouvelle zone près de l'Ascenseur #3 de la mine de Kombat en Namibie. Le programme de forage, qui prévoit environ 3.500 mètres d'ici la fin de l'année, a produit plusieurs intersections de cuivre de haute qualité en dehors des réserves prouvées et probables actuelles. Les résultats notables incluent 3,32 % de Cu sur 7 mètres et 2,65 % de Cu sur 3 mètres.
Le PDG Jed Richardson a souligné l'importance d'élargir les réserves au niveau de l'Ascenseur #3 pour augmenter la capacité d'extraction au-delà de la limite actuelle de 1.000 tpd. L'entreprise prévoit de faire passer le débit de l'usine à 2.000 tpd l'année prochaine. Trigon calculera les volumes et les tonnes en fonction des intersections de forage et continuera à forer pour mettre à jour la catégorie d'estimation des ressources minérales. La variabilité des teneurs suggère une minéralisation hétérogène, ce qui nécessite une compréhension supplémentaire pour une estimation précise des ressources et une planification de l'extraction.
Die Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) hat positive Bohrergebnisse aus einer neuen Zone in der Nähe von Schacht #3 des Kombat-Goldmine in Namibia bekannt gegeben. Das Bohrprogramm, das bis Ende des Jahres etwa 3.500 Meter umfasst, hat mehrere hochgradige Kupferintersektionen außerhalb der derzeit bewiesenen und wahrscheinlichen Reserven hervorgebracht. Erwähnenswerte Ergebnisse umfassen 3.32% Cu über 7 Meter und 2.65% Cu über 3 Meter.
CEO Jed Richardson betonte die Bedeutung der Erweiterung der Reserven am Schacht #3, um die Förderkapazität über das aktuelle Limit von 1.000 tpd hinaus zu erhöhen. Das Unternehmen plant, die Anlagenkapazität im nächsten Jahr auf 2.000 tpd zu erhöhen. Trigon wird Mengen und Tonnen auf der Grundlage der Bohrintersektionen berechnen und weiterhin bohren, um die Kategorie der mineralischen Ressourcenschätzung zu aktualisieren. Die Variabilität der Gehalte deutet auf eine heterogene Mineralisation hin, die ein tieferes Verständnis erfordert, um eine genaue Ressourcenschätzung und -planung zu ermöglichen.
- Discovery of a new mineralized zone near Shaft #3 with high-grade copper intersections
- Planned increase in plant throughput from 1,000 tpd to 2,000 tpd next year
- Ongoing drilling program with 3,500 meters planned by year-end to expand resources and reserves
- Potential to increase extraction capacity by utilizing the unused decline at Shaft #3
- Variability in grades suggests heterogeneous mineralization, which may complicate resource estimation and extraction planning
- Total volumes and tonnage for a mineral resource estimate have yet to be quantified
Figure 1: Underground drilling at #3 shaft
Drilling Results Overview
-
E600-017:
3.32% Cu over 7 meters -
E600-018:
2.08% Cu over 4 meters -
E600-044:
2.65% Cu over 3 meters -
E600-045:
2.48% Cu over 3 meters -
E600-047:
2.14% Cu over 5 meters -
E600-055:
2.61% Cu over 2 meters -
E600-056:
2.06% Cu over 2 meters -
E600-065:
2.21% Cu over 4 meters
Jed Richardson, CEO and Executive Chairman of Trigon, commented, “Expanding our reserves and mine plan at Shaft #3 is crucial because it opens up more working faces in an area with untapped extraction capacity. Right now, all our ore is being extracted from the decline ramp adjacent to Shaft #1, which limits us to 1,000 tpd. With the second unused decline at Shaft #3, bringing in new ore from this area will enable us to ramp up extraction. This is especially important as we plan to increase plant throughput from 1,000 tpd to 2,000 tpd next year.”
Dr. Andy Rompel, VP Exploration, adds, “Our drilling program to confirm resources, convert resources to reserves and identify new areas of higher grades continues underground. We believe there is potential for the deposit to expand in width further into the dolomites, not only along the dolomite phyllite contact. Soon, we will add exploration drilling to the resource drilling to develop a better understanding of the mineralization processes and consequently the predictability of the deposit.”
Next Steps by Trigon
1. Volume and Tonnes Calculation:
- Trigon will estimate block volumes based on drilling intersections and apply the mineralization zone’s s bulk density to convert these volumes into tonnes.
2. Mineral Resource Estimate Category Upgrading:
- Continue drilling within the indicated mineral resource estimate category.
- Consider follow-up drilling at closer intervals in high-grade areas to potentially upgrade to the measured mineral resource estimate category.
3. Ongoing Drilling Plan:
- Trigon plans to drill approximately 3,500 meters by year-end, providing additional data to refine mineral resource estimates and potentially increase confidence levels.
4. Grade Variability:
- The variability in grades suggests heterogeneous mineralization. Understanding mineralization distribution and continuity is critical for more accurate mineral resource estimation and extraction planning.
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, 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 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240829882857/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.
FAQ
What are the key drilling results from Trigon's new zone near Shaft #3 of Kombat Mine?
How much drilling does Trigon Metals (PNTZF) plan to complete by the end of the year at Kombat Mine?
What is Trigon's planned increase in plant throughput for the Kombat Mine?
Why is expanding reserves at Shaft #3 important for Trigon Metals (PNTZF)?
