Business
Trigon Metals Confirms 76m at 1.48%Cu and 8.9g/t Ag – 22 metres from the planned East 600 pit at its Kombat Mine, Namibia
TORONTO / Jun 08, 2023 / Business Wire / Trigon Metals Inc. (TSX-V: TM; OTCQB: PNTZF) (“Trigon” or the “Company”) announces drill results from the East 600 plan
About this update from Safi Silver Corp.
[{"type":"text","content":"TORONTO / Jun 08, 2023 / Business Wire / Trigon Metals Inc. (TSX-V: TM; OTCQB: PNTZF) (“Trigon” or the “Company”) announces drill results from the East 600 planned open pit, at the Kombat mine in Namibia (the “Project”). These holes were drilled to confirm known historical mineral resources drilled previously by the prior owner from the underground. These results are new to the East 600 area and represent some of the longest mineralized intercepts drilled from surface. East 600, also referred to as the ore capping zone, is located 400m east of the main pit and has been incorporated into our resource plan and mine plan. Highlights of the Drill Results Hole 2 Intersected 4.34m, 1.56% Cu, from 37m Hole 3 Intersected 10m, 1.14% Cu, from 40m Hole 4 Intersected 76m at 1.48%Cu, 8.9g/t Ag from 22m, including: - 13m, 1.46% Cu, 5.7g/t Ag, from 3m, and - 21m, 3.54%Cu, 17.9g/t Ag from 49m, and - 11m, 1.39%Cu, 5.61g/t Ag from 87m. Mining Update Trigon has now completed one full month of mining at Kombat, and the ramp-up to full mining production is going well. The goal for May was 120,000t of mined rock, and 124,000t were mined. May was strictly waste tonnes, but high-grade mineralization has been exposed in several areas of the pit. The first ore tonnes are scheduled to be mined towards the end of June. Blasts have occurred on schedule once a week, this schedule will be maintained until the mill starts at the end of July, whereupon blasts are scheduled twice a week. We anticipate mining rates will average 8,000 tpd when the mine is in full operation. However, in start-up mode mining rates have reached up to 10,000t on days when the team has pushed to test capacity. Jed Richardson, Trigon’s President and CEO, commented, “Current drilling at East 600 is increasing our confidence of adding more hig-grade ore and reducing our overall strip ratio. We will continue to test areas around the planned open pits; East 400, East 600, and East 900 as potential sources for adding near surface high-grade ore. In addition, drilling is planned for the Otavi area, 12km west of the Kombat mining permit to test the limbs of our 35km of mineralized strike-length corridor.” The assays have been prepared and classified by Trigon Mining (Namibia)(Pty) Ltd in accordance with the reporting guidelines as set out in National Instrument 43-101 – Standards of Disclosure...