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Trigon Metals Expands Kombat Mineral Resource From 7 Million to 39 Million Tonnes
TORONTO, Sept. 28, 2020 (GLOBE NEWSWIRE) -- Further to Trigon Metals Inc.’s (TSX-V: TM) (“Trigon” or the “Company”) announcement regarding the potential for a s
About this update from Safi Silver Corp.
[{"type":"text","content":" TORONTO, Sept. 28, 2020 (GLOBE NEWSWIRE) -- Further to Trigon Metals Inc.’s (TSX-V: TM) (“Trigon” or the “Company”) announcement regarding the potential for a significant increase in the Mineral Resources reported on the Company’s Kombat copper project in Namibia (see press release dated September 8, 2020), the Company is now pleased to announce a 456% increase in the total Mineral Resources reported at Kombat, from 7.0 million tonnes, as at February 28, 2018 (“2018 Mineral Resource”) to 39.1 million tonnes (including inferred resources). A total of 3,758 additional mineralized underground drill holes have been incorporated outside of the holes utilized in the 2018 Mineral Resource database, leading to a 152% increase in the volume of the resource shell and 3 dimensional confirmation of ore not removed by historic mining. The previous total Inferred and Indicated Mineral Resource of 7 million tonnes represented between 18% of the pre-existing geological model used for resource reporting, with the remaining 82% of the tonnage based on drill holes not previously included. Additional work was undertaken including improvement of the level of accuracy of depletions in the underground areas. Total Mineral Resources include Indicated and Inferred Mineral Resources on the open pit and underground areas at Kombat, Asis and Gross Otavi. Updated Mineral Resource Estimate The updated Mineral Resource estimate (“2020 Mineral Resource”), as presented in detail in Tables 1, 2 and 3 below, has been prepared and classified by technical consultants Minxcon (Pty) Ltd (“Minxcon”) in accordance with the reporting guidelines as set out in National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”) as required by the Canadian Securities Administrators. A technical report will be filed under the Company’s profile on SEDAR within 45 days of this press release. For further information with respect to the key assumptions, parameters, risks, the mineral resource estimate, data verification, quality assurance and quality control (“QA/QC”) and other technical information, please refer to the technical report, when available. Open Pit The previous 2018 Mineral Resource estimate for the open pit areas (Kombat and Gross Otavi) comprised an Indicated Mineral Resource of 1.529 m...