Author Archive | lftfield

Trigon Metals Announces Private Placement Financing

Toronto, Canada – August 1, 2018 – Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) intends to complete a non-brokered private placement financing of up to 5,000,000 units (the “Units”) at a price of $0.15 per Unit for gross proceeds of up to $750,000 (the “Offering”). Each Unit will be comprised of one common […]

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Trigon Metals Files NI 43-101 Technical Report in Support of the Kombat Open Pits Feasibility Study Results and Mineral Reserves, and Updates PEA Results on the Kombat Underground Mines and Gross Otavi

HIGHLIGHTS NI 43-101 Mineral Resource estimate for the Kombat Mine, comprising both the surface accessible (targeted open pit) and underground, of 1.529 million tonnes of Indicated Mineral Resources at a grade of 1.14% copper, 0.72% lead and 2.88 g/t silver and 5.511 million tonnes of Inferred Mineral Resources (open pit and underground) at a grade […]

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Trigon Receives Environmental Clearance Certificate to Commence Open Pit Mining and Underground Dewatering

TORONTO, July 10, 2018 — Trigon Metals Inc. (TSX-V:TM) (“Trigon” or the “Company”) is pleased to announce that it has received the environmental approvals required to commence with open pit mining and dewatering for underground exploration activities at the Company’s Kombat project located in northern Namibia (“Kombat”). The Company has received notification from the Ministry […]

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Trigon Enters Into Loan Agreements

TORONTO, July 09, 2018 — Trigon Metals Inc. (TSX-V:TM) (“Trigon” or the “Company”) has entered into (i) a loan agreement with Aberdeen International Inc. (“Aberdeen”) pursuant to which Trigon has borrowed $200,000 from Aberdeen (the “200 Loan”); and (ii) a loan agreement with Aberdeen pursuant to which Trigon has borrowed CAD$275,000 from Aberdeen (the “275 […]

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TRIGON METALS ANNOUNCES RELEASE OF FEASIBILITY STUDY (THAT SHOWS A 103.4% IRR FOR ITS KOMBAT SURFACE MINING OPERATIONS AND PLANT RESTART

HIGHLIGHTS OF THE FEASIBILITY STUDY (PHASE 1) PRODUCTION RESTART: Positive Feasibility Study confirms Phase 1 of the restart program to self-fund mill refurbishment and the reopening of the AFW shaft Robust base case after tax IRR of 103.4% Start-up capital cost for the Kombat open pits of US$6.4 million, includes US$4.7 million for plant refurbishment […]

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TRIGON METALS FILES AN UPDATED NI 43-101 TECHNICAL REPORT INCLUDING PEA RESULTS CONFIRMING A FURTHER IMPROVED NPV FOR THE KOMBAT MINE

HIGHLIGHTS NI 43-101 Mineral Resource estimate for the Kombat Mine, comprising both the surface accessible (targeted open pit) and underground, of 1.529 million tonnes of Indicated Mineral Resources at a grade of 1.14% copper, 0.72% lead and 2.88 g/t silver and 5.511 million tonnes of Inferred Mineral Resources at a grade of 3.05% copper, 1.25% […]

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TRIGON CLOSES SECOND TRANCHE OF PRIVATE PLACEMENT FINANCING

Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) has closed the second and final tranche (the “Second Tranche”) of its previously announced non-brokered private placement of units (the “Offering”). In this Second Tranche, the Company issued 271,428 units (the “Units”) at a price of $0.35 per Unit for aggregate gross proceeds of $95,000. Each […]

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Trigon Metals