Trigon Metals, through its Namibian subsidiary Manila Investments, holds an 80% interest in five mining licenses in the Otavi Mountainlands, an area of Namibia particularly known for its high-grade copper deposits
Three of these licences comprise the flagship Kombat Mine, which produced approximately 12.46 million tonnes of Copper between 1962 and 2008, at a grade of 2.62%*. Other significant metals include Silver and Lead.
The other mining licences are within close proximity to Kombat at Gross Otavi, which we believe to be highly prospective for Lead and Zinc.CLICK HERE FOR OUR TECHNICAL REPORT
* Trigon Metals is not treating the historical estimate as current mineral resources or mineral reserves and the historical estimate should not be relied upon. Additional metallurgical and engineering studies are required.
Namibia is a southern African country bordering the Atlantic ocean on the west, Zambia and Angola to the north, Botswana to the east and South Africa to the south.
With a land area of 825,418 sq. km and a population of 2.46 million, the large, arid Namib Desert has resulted in Namibia being one of the least densely populated countries in the world
The country is governed by a stable parliamentary democracy resulting in high political, economic and social stability.
The Namibian economy is based on mining, agriculture, herding and tourism, with mining being the keystone of the economy, providing 25% of the country’s revenue. Namibia is the fourth largest exporter of non-fuel minerals in Africa and the world’s fourth largest producer of uranium, with the mineral environment also including mining for gem diamonds, gold, silver and base metals.The country boasts excellent transportation infrastructure, including road, rail and a port at Walvis Bay.
Commitment to Namibia
Mining, including mining for gem diamonds, uranium, gold, silver, and base metals, is the cornerstone of the Namibian economy, providing 25% of Namibia’s revenue.
European explorers saw Ovambo people smelting copper from surface deposits near Otavi in 1851, and the first official mining activities were established in 1855 in the Walvis Bay area. Historically, copper and other base metals were mined and smelted at Tsumeb.
Namibia is a stable, democratic, and mining-supportive country, with well-established government, private sector partnership models and a track record of mining success.
Epangelo is a private company with the Government of the Republic of Namibia as the sole shareholder, which seeks to ensure national participation in the discovery, exploitation, and beneficiation of Namibia’s mineral resources, whilst developing and consolidating a portfolio of high quality assets and services for the benefit of its stakeholders.