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Trigon Metals

Building A Mid-Tier African Copper Producer

kombat mine

Trigon Metals Commences Mining Operations at Kombat Mine, Namibia

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TORONTO, ON – October 19, 2021 – Trigon Metals Inc. (TSXV:TM) (“Trigon” or the “Company”) is pleased to announce that the Kombat Mine officially resumed production after 14 years of closure.

Trigon has successfully restarted the Kombat Mine with a successful blast in the Kombat open pit this morning at 11:30 a.m. Namibia time.

Jed Richardson, President and CEO of Trigon, commented, “Today marks a momentous milestone; for Trigon, the community of Kombat and country of Namibia, and of course our valued shareholders. Special thanks to our team for their diligence in moving the Company forward to this great day.”

For an up-close look at the first official blast at the Kombat open pit, please visit Trigon online in the upcoming days for pictures and videos on Facebook, Instagram, LinkedIn, YouTube and Twitter.

About Kombat Mine

The Kombat Copper Project is the flagship project of Trigon Metals Inc., with the Company’s mining and prospecting licence areas covering an area of more than 7,500 ha in the Otavi Mountainlands in Namibia. The Kombat Project is comprised of three mining licences, which produced approximately 12.46 million tonnes of Copper between 1962 and 2008, at a grade of 2.62%. The other two mining licences are within close proximity to Kombat at Gross Otavi and Harasib, which are believed to be highly prospective for lead and zinc. In addition, the Company also holds an interest in two exclusive prospecting licences, which represent a potential strike extension of Kombat.

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 Namibia and Morocco. In Namibia, 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 has redeveloped the previously producing Kombat Mine and continues to explore its licences. In Morocco, the Company is the holder of the Silver Hill project, a highly prospective copper and silver exploration project.

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding the restart of the Kombat Mine, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Kombat Project, and 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 6002
jed.richardson@trigonmetals.com
Website: www.trigonmetals.com

Trigon Metals Commences Mining Establishment at Kombat Open Pit in Namibia

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TORONTO, ON – September 22, 2021 – Trigon Metals Inc. (TSXV:TM) (“Trigon” or the “Company”) is pleased to announce that Tulela Mining & Construction CC (“Tulela”), the open pit mining contractor for its Kombat Mine in Namibia, has commenced with mining establishment at site.

Tulela has established an operational base at the Kombat site, including the refurbishment of offices and workshops, and has commenced with the delivery of mining equipment to site, including a dozer and a drill rig. In the upcoming weeks, initial work will include clearing of topsoil and training of employees, with open pit mining on track to commence by October 2021.

Tulela is a Namibian owned and operated company with extensive open pit operating experience in sub-Saharan Africa, and a strong knowledge of the area in which the Kombat Mine is situated.

Jed Richardson, President and CEO of Trigon, commented, “Activities at site continue to ramp up on a daily basis. We are excited to get started with the mining side of the operations now that the plant is already well on track to meet production timelines.”

About Kombat Mine

The Kombat Copper Project is the flagship project of Trigon Metals Inc., with the Company’s mining and prospecting licence areas covering an area of more than 7,500 ha in the Otavi Mountainlands in Namibia. The Kombat Project is comprised of three mining licences, which produced approximately 12.46 million tonnes of copper between 1962 and 2008, at a grade of 2.62%. The other two mining licences are within close proximity to Kombat at Gross Otavi and Harasib, which are believed to be highly prospective for lead and zinc. In addition, the Company also holds an interest in two exclusive prospecting licences, which represent a potential strike extension of Kombat.

About Tulela

Tulela Mining & Construction CC is a multidisciplinary Namibian solutions provider offering unrestrictive access to all business entities within the group including engineering, processing and mining. The members offer a combined mining industry related experience exceeding 85 years from which a solid foundation is formed to service the mining and private sectors. Although specifically focused on processing, engineering, projects and maintenance services, this collective experience ensures personal access to a specialized network of industry specific professionals while realizing industry leading solutions.

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 Namibia and Morocco. In Namibia, 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. In Morocco, the Company is the holder of the Silver Hill project, a highly prospective copper and silver exploration project.

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding the restart of the Kombat Mine, the commencement of open pit mining, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Kombat Project, and 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 0002
jed.richardson@trigonmetals.com
Website: www.trigonmetals.com

Trigon Metals Files NI 43-101 Technical Report on Updated Kombat Mineral Resource

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TORONTO, ON – September 17, 2021 / Trigon Metals Inc. (TSX-V:TM) (“Trigon” or the “Company”) has filed an updated NI 43-101 technical report covering the Kombat copper project in Namibia.

The updated NI 43-101 technical report reports an Indicated Minerals Resource of 12.22 million tonnes and an Inferred Mineral Resource of 1.91 million tonnes, representing a 66% increase in the Indicated Mineral Resource from the previous estimate reported at October 1, 2020 (see press release dated August 3, 2021).

Combined Mineral Resource (Open Pit & Underground) as at 3 August 2021

Area Mineral Resource Category Tonnes Density Grade Content
Cu Pb Ag Cu Pb Ag
Mt t/m3 % % ppm t t kg
Total Indicated 12.22 2.81 1.94 0.70 13.67 237,505 85,649 167,017
Total Inferred 1.91 2.87 2.19 1.79 6.13 41,738 34,209 11,699

Notes:

  1. The open pit Mineral Resource is limited at depth of 160 m for Kombat and 150 m for Gross Otavi with a CuEq cut-off of 0.65% for Kombat and 0.77% for Gross Otavi.
  2. The underground Mineral Resource is below the depth limit and is declared at a CuEq cut-off of 1.5%.
  3. The Mineral Resource has been depleted with historical mined voids.
  4. No additional geological losses have been applied.
  5. Mineral Resources are reported as total Mineral Resources and are not attributed.

Open Pit Mineral Resources as at 3 August 2021

Area Mineral Resource Category Tonnes Density Grade Content
Cu Pb Ag Cu Pb Ag
Mt t/m3 % % ppm t t kg
Kombat East Indicated 2.92 2.79 0.95 0.54 5.94 27,900 15,769 17,349
Kombat Central 2.36 2.78 1.05 0.21 6.59 24,798 4,924 15,543
Total Indicated 5.28 2.79 1.00 0.39 6.23 52,698 20,693 32,892
Otavi Inferred 0.64 2.84 0.93 2.50 0.85 6,006 16,053 546
Total Inferred 0.64 2.84 0.93 2.50 0.85 6,006 16,053 546

Notes:

  1. The open pit Mineral Resource is limited at depth of 160 m for Kombat and 150 m for Gross Otavi with a CuEq cut-off of 0.65% for Kombat and 0.77% for Gross Otavi.
  2. The Mineral Resource has been depleted with historical mined voids.
  3. No additional geological losses have been applied.
  4. Mineral Resources are reported as total Mineral Resources and are not attributed.

Underground Mineral Resources as at 3 August 2021

Area Mineral Resource Category Tonnes Density Grade Content
Cu Pb Ag Cu Pb Ag
Mt t/m3 % % ppm t t kg
Kombat East Indicated 0.10 2.83 1.69 1.55 11.50 1,667 1,526 1,133
Kombat Central 0.23 2.84 1.90 1.55 19.80 4,344 3,538 4,524
Kombat West 0.76 2.85 2.27 1.45 13.04 17,295 11,101 9,954
Asis West 5.53 2.83 2.79 0.87 20.78 154,337 48,224 114,823
Gap 0.32 2.79 2.25 0.18 11.58 7,164 568 3,691
Total Indicated 6.93 2.83 2.66 0.94 19.34 184,807 64,957 134,126
Kombat Central Inferred 0.01 2.88 2.02 2.74 0.01 187 254 0
Kombat West 0.13 3.68 5.01 10.53 0.06 6,371 13,389 8
Asis West 0.09 2.83 2.90 0.84 16.12 2,557 741 1,423
Gap 0.00 2.79 2.51 0.27 55.40 122 13 270
Asis Far West 1.04 2.80 2.55 0.36 9.11 26,495 3,758 9,452
Total Inferred 1.27 2.89 2.82 1.43 8.80 35,732 18,156 11,153

Notes:

  1. The underground Mineral Resource is below the depth limit and is declared at a CuEq cut-off of 1.5%.
  2. The Mineral Resource has been depleted with historical mined voids.
  3. No additional geological losses have been applied.
  4. Mineral Resources are reported as total Mineral Resources and are not attributed.

The above Mineral Resource estimate is the culmination of 18 months of work, first mapping historical drilling and historic mine production in three dimensions, and the re-logging and assaying of 50 years of stored drill core. Work was able to confirm historic assay results for copper, and assay silver for the first time, converting 86.5% of the global resource to Measured and Indicated confidence level of an NI 43-101 Mineral Resource estimate, which represents a robust open pit and underground Mineral Resource estimate that is projected to deliver more than 20 years at planned production levels.

The updated Mineral Resource 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. 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.

The technical report titled “NI 43-101 Mineral Resource Report on the Kombat Project, Namibia” dated September 16, 2021, has been filed on the SEDAR website at www.sedar.com and on the Company website at www.trigonmetals.com .

Qualified Person

Mr. Uwe Engelmann (BSc (Zoo. & Bot.), BSc Hons (Geol.), Pr.Sci.Nat. No. 400058/08, MGSSA) of Minxcon, is a “qualified person” as such term is defined in NI 43-101 and has reviewed and approved the technical information and data included in this press release. As a director of Minxcon, Mr. Engelmann is considered independent.

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 Namibia and Morocco. In Namibia, 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. In Morocco, the Company is the holder of the Silver Hill project, a highly prospective copper and silver exploration project.

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding the Company’s Mineral Resources and Reserves, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Kombat operations, the Company’s ability to restart the Kombat operations, the Company’s ability to obtain adequate investment and other financing, and 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 6002
jed.richardson@trigonmetals.com
Website: www.trigonmetals.com

Click to open the NI 43-101 Mineral Resource Report on the Kombat Project, Namibia

Trigon Metals Announces the Completion of Long Lead Orders from Xinhai for Kombat Mine Restart, Namibia

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TORONTO, ON – August 23, 2021 – Trigon Metals Inc. (TSX-V:TM) (“Trigon” or the “Company”) announces the completion of the manufacture of long lead equipment items for the Kombat processing plant by Yantai Xinhai Industry & Trade Co., Ltd (formerly Xinhai (Yantai) Mining Engineering Co., Ltd) (“Xinhai”).

As announced previously (see press release dated May 6, 2021), Trigon has procured various equipment items, including new flotation cells, from Xinhai. Completed items will be shipped from China to Namibia over the course of the next few weeks.

Other long lead orders from local Namibian and South African suppliers are also nearing completion, and various key plant components are expected to be delivered during August and September.

At the Kombat Mine, preparations are well advanced to receive and install the new equipment, and the project remains on track for commissioning of the plant by the end of the year.

Jed Richardson, President and CEO of Trigon, commented, “Our engineering team has made significant progress on the plant refurbishment to date and is ready to receive the new equipment. We have worked closely with Xinhai over the past few months, and we’re excited to see everything coming together as planned, on time and on budget.”

About Kombat Mine

The Kombat Copper Project is the flagship project of Trigon Metals Inc., with the Company’s mining and prospecting licence areas covering an area of more than 7,500 ha in the Otavi Mountainlands in Namibia. The Kombat Project is comprised of three mining licences, which produced approximately 12.46 million tonnes of copper between 1962 and 2008, at a grade of 2.62%. The other two mining licences are within close proximity to Kombat at Gross Otavi and Harasib, which are believed to be highly prospective for lead and zinc. In addition, the Company also holds an interest in two exclusive prospecting licences, which represent a potential strike extension of Kombat.

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 Namibia and Morocco. In Namibia, 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. In Morocco, the Company is the holder of the Silver Hill project, a highly prospective copper and silver exploration project.

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding equipment for the Kombat Mine, the restart of the Kombat Mine, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Kombat Project, and 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
+1 647 276-6002
jed.richardson@trigonmetals.com
Website: www.trigonmetals.com

Trigon Metals Secures Power Supply for Kombat Mine Restart, Namibia

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TORONTO, ON – August 18, 2021 – Trigon Metals Inc. (TSX-V:TM) (“Trigon” or the “Company”) is pleased to announce the signature of a Power Supply Agreement (“PSA”) with local power distributor, CENORED (Pty) Ltd (“CENORED”).

On August 13, 2021, representatives of Trigon attended a rebranding launch hosted by CENORED, at which the formal PSA between Trigon and CENORED was signed.

This follows an earlier agreement between the parties on the terms and conditions of the PSA and the payment by Trigon for the installation of the power supply, on which preliminary work has already commenced.

Jed Richardson, President and CEO of Trigon, commented, “CENORED has established themselves as a welcomed partner in our restart efforts at Trigon. The relationship between Trigon and CENORED began in April of this year with an agreement to install new power infrastructure, updating our grid connection, and electrifying the Kombat mine and mill. This new announcement gives us a formalized agreement that ensures a reliable and stable power supply for our foreseeable future at Kombat and extends power benefits separately to the people of Kombat Village.”

About CENORED

CENORED is the third licensed Regional Electricity Distribution Company to be established in Namibia, distributing power to three of Namibia’s fourteen legislative regions an area of approximately 120,000 square kilometres and 8,000 kilometres of line infrastructure. The CENORED distribution licence area covers the Oshikoto, Kunune and Otjozondjupa regions (where Kombat is situated).

CENORED recently launched its Strategic Business Plan where it places emphasis on supplying power to large commercial consumers such as Trigon.

About Kombat Mine

The Kombat Copper Project is the flagship project of Trigon Metals Inc., with the Company’s mining and prospecting licence areas covering an area of more than 7,500 ha in the Otavi Mountainlands in Namibia. The Kombat Project is comprised of three mining licences, which produced approximately 12.46 million tonnes of copper between 1962 and 2008, at a grade of 2.62%. The other two mining licences are within close proximity to Kombat at Gross Otavi and Harasib, which are believed to be highly prospective for lead and zinc. In addition, the Company also holds an interest in two exclusive prospecting licences, which represent a potential strike extension of Kombat.

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 Namibia and Morocco. In Namibia, 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. In Morocco, the Company is the holder of the Silver Hill project, a highly prospective copper and silver exploration project.

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding power supply at Kombat, the restart of the Kombat Mine, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Kombat Project, and 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
+1 647 276-6002
jed.richardson@trigonmetals.com
Website: www.trigonmetals.com

SOURCE: Trigon Metals, Inc.

Trigon Advances Its Kombat Open Pit Restart with Appointment of Mining Contractor

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TORONTO, ON, August 11, 2021 – Trigon Metals Inc. (TSX-V:TM) (“Trigon” or the “Company”) announced today the appointment of Tulela Mining & Construction CC (“Tulela”) as the open pit mining contractor for its Kombat Mine in Namibia.

Trigon has signed an agreement with Tulela to commence with equipment mobilization and site establishment from August 2021, with open pit mining planned to commence by October 2021.

Tulela was selected by Trigon in for its extensive open pit operating experience in sub-Saharan Africa, and in particular its knowledge of the area in which the Kombat Mine is situated, being a locally Namibian owned and operated company.

Tulela provides mining and construction services and has historically been involved in operations at Vedanta Zinc International’s Skorpion Zinc mine in Namibia well as at Chingola in Zambia. The group also offers processing, engineering and logistics solutions, which enables Tulela to provide a full suite of services to its clients across the value chain. In support of Trigon’s emphasis on local employment creation, Tulela aims to employ operational staff from the immediate region. The management team of Tulela has extensive experience in open pit mining and underground mining. A brand new fleet of trucks and shovels is destined for this project to ensure that efficient production volumes will support the business plan.

Jed Richardson, President and CEO of Trigon, said, “The appointment of Tulela as our open pit mining contractor is a milestone in our move towards production. Activities at site continue to advance daily and we remain on track to achieve our target of production by the end of the year.”

About Kombat Mine

The Kombat Copper Project is the flagship project of Trigon Metals Inc., with the Company’s mining and prospecting licence areas covering an area of more than 7,500 ha in the Otavi Mountainlands in Namibia. The Kombat Project is comprised of three mining licences, which produced approximately 12.46 million tonnes of Copper between 1962 and 2008, at a grade of 2.62%. The other two mining licences are within close proximity to Kombat at Gross Otavi and Harasib, which are believed to be highly prospective for lead and zinc. In addition, the Company also holds an interest in two exclusive prospecting licences, which represent a potential strike extension of Kombat.

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 Namibia and Morocco. In Namibia, 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. In Morocco, the Company is the holder of the Silver Hill project, a highly prospective copper and silver exploration project.

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding the appointment of a mining contractor, the restart of the Kombat Mine, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Kombat Project, and 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

+1 647 276-6002
jed.richardson@trigonmetals.com
Website: www.trigonmetals.com

SOURCE: Trigon Metals, Inc.