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High Grade Drill Results Define New Zone Beside Kombat Central Pit Including 17m at 4.4% Copper

·3-min read

TORONTO, May 17, 2022--(BUSINESS WIRE)--Trigon Metals Inc. (TSX-V: TM) ("Trigon" or the "Company") announces the delineation of a new area of mineralization referred to as the Central Pit southwest extension, and results from recently drilled holes in the East 900 area. The drilling is part of 10,000m planned programme aimed at resource definition and new exploration for the central license area at the Kombat Mine.

Drilling Highlights

  • Central Pit SW Extension

    • C1DDT3-01 2 notable intercepts; [Azumith 359, Dip 55]

      • 4m @ 4.1% copper from 43m to 47m,

      • And 4m @ 6.9% copper from 58m to 62m

    • C1DDT3-03 2 notable intercepts; [Azumith 360, Dip 55]

      • 17m @ 4.4% copper from 60m to 77m,

      • And 3m @ 10.1% copper from 85m to 88m

  • East 900

    • E900-02 2 notable intercepts; [Azumith 80, Dip 27]

      • 8m @ 0.6% copper from surface to 8m,

      • And 3m @ 1.5% copper from 11m to 14m

    • E900-06 5 notable intercepts; [Azumith 257, Dip 45]

      • 2m @ 2.0% copper from 12m to 14m,

      • 2m @ 1.0% copper from 67m to 69m,

      • 1m @ 1.1% copper from 70m to 71m,

      • 2m @ 0.6% copper from 80m to 82m,

      • And 3m @ 2.1% copper from 85m to 88m

Drilling at the Central Pit SW extension has outlined newly discovered mineralization that is expected to be incorporated into a mining plan that will result in expansion of the planned central pit. The results illustrate continuity of the mineralization with a structure that runs the length of the central pit. It is notable that the resources of the central pit and extension do not sit above the old mined out areas but occur north of the underground mining cap and, as such, have properties distinct to those found underground.

East 900 is a highly prospective area with existing resources for open pit mining. Drilling continues in this area and to the east. Mineralization is very shallow and remains open in all directions. The exploration work is moving to the east on strike with main mine workings, as such this represents the greatest potential for an expansion of the current surface resource. East 900 is east of the historic mining at surface or underground and is on strike with the historic underground development, as such it appears to be very similar to the mineralized areas mined from underground.

Samples were prepared and analyzed using Inductively coupled plasma mass spectrometry by African Laboratory Services Namibia at Kombat Namibia.

Qualified Person

The technical information presented in this press release has been reviewed and approved for disclosure by Fanie Müller, P.Eng, VP Operations of Trigon, who is a Qualified Person as defined by NI 43-101.

Trigon Metals Inc.

Trigon is a publicly traded Canadian exploration and development company with its core business focused on copper and silver holdings in mine-friendly African jurisdictions. Currently the company has operations in Namibia and Morocco. In Namibia, the Company holds an 80% interest in five mining licences in the Otavi Mountainlands, an area of Namibia widely recognized for its high-grade copper deposits, where the Company is focused on exploration and re-development of the previously producing Kombat Mine. In Morocco, the Company is the holder of the Silver Hill project, a highly prospective copper and silver exploration project.

Cautionary Notes

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.

This news release may contain forward-looking statements. These statements include statements regarding the mineralization of the Company’s Namibian assets, the Company’s exploration program 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220517005841/en/

Contacts

For further information, contact:

Jed Richardson
+1 647 276 6002
jed.richardson@trigonmetals.com

Website: www.trigonmetals.com

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