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Trigon Metals Announces High Grade Copper Results From Drilling At Silver Hill, Morocco

TORONTO, ON – May 20, 2021 / Trigon Metals Inc. (TSX-V:TM) (“Trigon” or the “Company”) announces assay results from holes S16 through S21. The holes complete the westernmost fences drilled to test the geometry and extent of the mineralization at the Silver Hill project (“Silver Hill” or the “Project”) in Morocco. The results comprise the second and third of four fences drilled at the Project.

Each of the holes demonstrated strong copper and silver mineralization. The most significant of the results was hole S20 showing 31 metres of 0.74% copper and 23 g/t silver with higher grade intervals. The hole is drilled at the western extent of the drilling of this campaign and suggests that mineralization remains strong.

Highlights

  • Hole S16: 10 metres @ 0.98% copper and 20 g/t silver
  • Hole S17: 3 metre @ 1.41% copper
  • Hole S20: 31 metre @ 0.74% copper and 23 g/t silver including:
    • 8 metre @ 1.35% copper and;
    • 6 metre @ 1.23% copper and 75 g/t silver

See Figure 1 below for detailed assay results from holes S16 — S21

Jed Richardson, President and CEO of Trigon Metals, said, “Silver Hill continues to meet our highest expectations. The strength of these intercepts are particularly striking since they come at the western extent of our drilling. This firmly shows that the deposit remains open in all directions.”

Diagram 1: Two-Dimensional Cross Section of Fence 2 Drilling and Location Map

Diagram 2: Two-Dimensional Cross Section of Fence 3 Drilling and Location Map

Drill core was analyzed by AfriLab, an independent SGS accredited laboratory in Marrakech. Trigon has completed the drilling of an additional fence, the results of which will be reported in the coming weeks. The Company is pleased with its progress, as geologists are attaining a more comprehensive understanding of the nature and size of the mineralization at the Project.

Figure 1: Continuous Sample Data from Fence 2 and Fence 3

Drill N°
From
To
Ref
Cu (%)
Ag (g/t)
S16
24
25
121013
0.25
4
25
26
121014
1.7
4
26
27
121015
2.16
8
27
28
121016
0.69
4
28
29
121017
0.51
12
29
30
121018
0.51
32
30
31
121019
0.24
16
31
32
121020
0.37
16
32
33
121021
0.71
52
33
34
121023
1.22
24
34
35
121024
1.67
32
35
36
121025
0.35
12
36
37
121026
0.43
1
37
38
121027
0.19
1
38
39
121028
0.04
1
S17
39
40
121029
0.48
1
40
41
121030
3.52
1
41
42
121031
0.24
1
S18
57
58
121032
0.01
1
58
59
121034
0.01
1
59
60
121035
0.01
1
S19
7
8
121036
0.03
1
8
9
121037
0.22
1
9
10
121038
0.6
1
10
11
121039
0.5
1
11
12
121040
0.03
4
S20
7
8
121041
0.31
4
8
9
121042
0.3
4
9
10
121043
0.16
1
10
11
121045
0.21
1
11
12
121046
0.35
1
12
13
121047
0.82
1
13
14
121048
0.8
4
14
15
121049
0.51
4
15
16
121050
2.83
17
16
17
121051
2.84
34
17
18
121052
0.86
9
18
19
121053
1.35
4
19
20
121054
0.79
1
20
21
121056
0.44
1
21
22
121057
0.25
1
22
23
121058
0.46
1
23
24
121059
0.58
30
24
25
121060
0.22
1
25
26
121061
0.09
4
26
27
121062
0.05
4
27
28
121063
0.51
34
28
29
121064
0.25
9
29
30
121065
0.65
38
30
31
121067
0.38
13
31
32
121068
0.63
38
32
33
121069
0.51
43
33
34
121070
4.58
242
34
35
121071
0.66
77
35
36
121072
0.21
4
36
37
121073
0.08
4
37
38
121074
0.18
4
38
39
121075
0.14
9
39
40
121076
0.04
4
40
41
121078
0.11
4
41
42
121079
0.05
4
42
43
121080
1.31
68
43
44
121081
0.2
9
44
45
121082
0.01
4
7
8
121041
0.31
4
8
9
121042
0.3
4
9
10
121043
0.16
1
10
11
121045
0.21
1
11
12
121046
0.35
1
12
13
121047
0.82
1
13
14
121048
0.8
4
14
15
121049
0.51
4
15
16
121050
2.83
17
16
17
121051
2.84
34
17
18
121052
0.86
9
18
19
121053
1.35
4
19
20
121054
0.79
1
20
21
121056
0.44
1
21
22
121057
0.25
1
22
23
121058
0.46
1
23
24
121059
0.58
30
24
25
121060
0.22
1
25
26
121061
0.09
4
26
27
121062
0.05
4
27
28
121063
0.51
34
28
29
121064
0.25
9
29
30
121065
0.65
38
30
31
121067
0.38
13
31
32
121068
0.63
38
32
33
121069
0.51
43
33
34
121070
4.58
242
34
35
121071
0.66
77
35
36
121072
0.21
4
36
37
121073
0.08
4
37
38
121074
0.18
4
38
39
121075
0.14
9
39
40
121076
0.04
4
40
41
121078
0.11
4
41
42
121079
0.05
4
42
43
121080
1.31
68
43
44
121081
0.2
9
44
45
121082
0.01
4
S21
45
46
121083
0.01
4
46
47
121084
0.01
4
47
48
121085
0.01
4


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 Morocco and Namibia. The Company recently finalized the acquisition of the Silver Hill project, a highly prospective copper and silver exploration project in Morocco. Namibia is one of the world’s most prospective copper regions, where Trigon has substantial assets in place. 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.

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding the Silver Hill Project, current and future exploration programs, the mineralization at the Project, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Silver Hill and Kombat Projects, 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:

Jed Richardson
+1 647-276-6001
jedr@trigonmetals.com
Website: www.trigonmetals.com

 

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