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Trigon Metals

Building A Mid-Tier African Copper Producer

Silver Hill

Trigon Metals: Copper Silver Mineralization Intensifies in Fourth Fence Drilled at Silver Hill, Morocco

by

TORONTO, ON – June 14, 2021 – Trigon Metals Inc. (TSX-V:TM) (“Trigon” or the “Company”) announces assay results from holes S22 through S25. The holes complete the easternmost fence drilled to test the geometry and extent of the copper and silver mineralization at the Silver Hill project (“Silver Hill” or the “Project”) in Morocco. The results comprise the fourth of four fences drilled at the Project.

Each of the holes demonstrated strong copper and silver mineralization. Two of the four holes show 30 metres of continuous mineralization. This fence of holes was drilled at the eastern extent of the drilling of this campaign and suggests that mineralization is intensifying in this direction.

Highlights

  • Hole S23: 32 metres of 0.77% copper and 28.5 g/t silver including;
    • 11 metres @ 1.01% copper and 37 g/t silver; and,
    • 12 metres @ 0.96% copper and 41 g/t silver
  • Hole S24: 30 metres of 0.73% copper and 21 g/t silver, including;
    • 13 metres @ 0.91% copper and 39 g/t silver; and,
    • 5 metres @ 0.98% copper and 20 g/t silver

See Table 1 below for detailed assay results from holes S22 — S25.

The four fences of drilling cover a relatively shallow well-mineralized area of about 750 metres in length and 200 metres wide that appears to open to the east, west and north.

Jed Richardson, President and CEO of Trigon Metals, said, “These holes represent some of the strongest mineralization we have seen in the four fences drilled. Our high grade trench [13 metres 2.7% copper, 34.5 g/t silver and 82ppm cobalt (reported February 21,2021)] lies almost 2 km east of this last fence. Our work over the next months will be determining if the two zones form one continuous zone of mineralization, parallel structures or separate but related bodies.”

Diagram 1: Two-Dimensional Cross Section of Fence 4 Drilling and Location Map

 

Drill core was analyzed by AfriLab, an independent SGS accredited laboratory in Marrakech. The Company is pleased with its progress, as geologists are attaining a more comprehensive understanding of the nature and size of the mineralization at the Project.

Table 1: Continuous Sample Data from Fence 4

Drill No From To Ref Cu (%) Ag (g/t)
S22 40 41 221002 0.18 1.00
41 42 221003 0.16 1.00
42 43 221004 0.14 1.00
43 44 221005 0.05 1.00
44 45 221006 0.04 4.00
45 46 221007 0.17 4.00
46 47 221008 0.14 4.00
47 48 221009 0.11 4.00
48 49 221010 0.17 1.00
49 50 221011 0.3 4.00
50 51 221013 0.17 12.00
51 52 221014 0.41 18.00
52 53 221015 0.98 24.00
16 17 121201 0.06 1
17 18 121202 0.14 4
18 19 121203 0.11 4
19 20 121204 0.04 1
20 21 121205 0.06 4
21 22 121206 0.56 24
22 23 121207 0.67 24
23 24 121208 0.61 52
24 25 121210 0.68 48
25 26 121211 0.42 20
26 27 121212 1.00 36
27 28 121213 1.35 40
28 29 121214 1.91 60
29 30 121215 2.25 112
30 31 121216 0.91 36
31 32 121217 0.65 20
32 33 121218 0.58 24
33 34 121219 0.17 1
34 35 121221 0.69 1
35 36 121222 0.42 1
36 37 121223 0.39 1
37 38 121224 0.17 1
38 39 121225 0.01 1
39 40 121226 0.11 4
40 41 121227 0.08 1
41 42 121228 0.1 1
42 43 121229 1.34 48
43 44 121230 1.62 84
44 45 121232 1.41 52
45 46 121233 0.7 16
46 47 121234 0.64 24
47 48 121235 0.72 36
48 49 121236 0.9 32
49 50 121237 0.97 36
50 51 121238 1.77 36
51 52 221014 0.41 18
52 53 221015 0.98 24
S23 13 14 121198 0.13 1
14 15 121199 0.05 1
15 16 121200 0.12 1
16 17 121201 0.06 1
17 18 121202 0.14 4
18 19 121203 0.11 4
19 20 121204 0.04 1
20 21 121205 0.06 4
21 22 121206 0.56 24
22 23 121207 0.67 24
23 24 121208 0.61 52
24 25 121210 0.68 48
25 26 121211 0.42 20
26 27 121212 1.00 36
27 28 121213 1.35 40
28 29 121214 1.91 60
29 30 121215 2.25 112
30 31 121216 0.91 36
31 32 121217 0.65 20
32 33 121218 0.58 24
33 34 121219 0.17 1
34 35 121221 0.69 1
35 36 121222 0.42 1
36 37 121223 0.39 1
37 38 121224 0.17 1
38 39 121225 0.01 1
39 40 121226 0.11 4
40 41 121227 0.08 1
41 42 121228 0.1 1
42 43 121229 1.34 48
43 44 121230 1.62 84
44 45 121232 1.41 52
45 46 121233 0.7 16
46 47 121234 0.64 24
47 48 121235 0.72 36
48 49 121236 0.9 32
49 50 121237 0.97 36
50 51 121238 1.77 36
51 52 121239 0.39 8
52 53 121240 0.71 32
53 54 121241 0.29 16
54 55 121243 0.04 1
55 56 121244 0.13 1
56 57 121245 0.16 4
57 58 121246 0.45 8
58 59 121247 0.66 16
59 60 121248 0.41 4
60 61 121249 0.4 1
61 62 121250 0.58 1
62 63 121251 0.15 1
63 64 121252 0.21 1
64 65 121254 0.26 1
65 66 121255 0.14 1
66 67 121256 0.33 1
67 68 121257 0.05 1
68 69 121258 0.19 1
69 70 121259 0.35 1
70 71 121260 0.17 1
S24 79 80 121148 0.25 1
80 81 121149 1.7 16
81 82 121150 0.29 1
82 83 121151 0.68 12
83 84 121152 0.77 20
84 85 121153 1.46 52
85 86 121155 0.42 4
86 87 121156 0.02 1
87 88 121157 0.02 1
88 89 121158 0.22 1
89 90 121159 0.67 4
90 91 121160 0.24 1
91 92 121161 0.17 1
92 93 121162 0.14 1
93 94 121163 0.29 1
94 95 121164 0.09 1
95 96 121166 0.18 1
96 97 121167 0.11 1
97 98 121168 0.79 1
S25 38 39 121169 0.84 1
39 40 121170 0.15 1
40 41 121171 0.31 1
41 42 121172 0.3 1
42 43 121173 0.73 4
43 44 121174 0.58 4
44 45 121175 0.78 4
45 46 121177 1.21 4
46 47 121178 1.06 144
47 48 121179 0.74 28
48 49 121180 0.21 4
49 50 121181 0.04 1
50 51 121182 0.1 1
51 52 121183 0.11 1
52 53 121184 0.09 4
53 54 121185 0.14 4
54 55 121186 0.14 4
55 56 121188 0.01 1
56 57 121189 0.05 4
57 58 121190 0.03 1
58 59 121191 0.04 4
59 60 121192 0.14 4
60 61 121193 0.05 1
61 62 121194 0.07 1
62 63 121195 0.04 1
63 64 121196 0.01 1


Qualified Person

The technical information presented in this press release has been reviewed and approved for disclosure by Fanie Müller, P.Eng, VP Operations of Trigon, who is a Qualified Person as defined by NI 43-101.

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 Morocco and Namibia. In Morocco, the Company holds Silver Hill, a highly prospective copper and silver exploration project. Namibia is one of the world’s most prospective copper regions, where Trigon has substantial assets in place. 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.

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding Silver Hill, current and future exploration programs, the mineralization at the Project, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Silver Hill and Kombat Projects, 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
+1 647-276-6001
jedr@trigonmetals.com

Website: www.trigonmetals.com

Trigon Metals Announces High Grade Copper Results From Drilling At Silver Hill, Morocco

by

TORONTO, ON – May 20, 2021 / Trigon Metals Inc. (TSX-V:TM) (“Trigon” or the “Company”) announces assay results from holes S16 through S21. The holes complete the westernmost fences drilled to test the geometry and extent of the mineralization at the Silver Hill project (“Silver Hill” or the “Project”) in Morocco. The results comprise the second and third of four fences drilled at the Project.

Each of the holes demonstrated strong copper and silver mineralization. The most significant of the results was hole S20 showing 31 metres of 0.74% copper and 23 g/t silver with higher grade intervals. The hole is drilled at the western extent of the drilling of this campaign and suggests that mineralization remains strong.

Highlights

  • Hole S16: 10 metres @ 0.98% copper and 20 g/t silver
  • Hole S17: 3 metre @ 1.41% copper
  • Hole S20: 31 metre @ 0.74% copper and 23 g/t silver including:
    • 8 metre @ 1.35% copper and;
    • 6 metre @ 1.23% copper and 75 g/t silver

See Figure 1 below for detailed assay results from holes S16 — S21

Jed Richardson, President and CEO of Trigon Metals, said, “Silver Hill continues to meet our highest expectations. The strength of these intercepts are particularly striking since they come at the western extent of our drilling. This firmly shows that the deposit remains open in all directions.”

Diagram 1: Two-Dimensional Cross Section of Fence 2 Drilling and Location Map

Diagram 2: Two-Dimensional Cross Section of Fence 3 Drilling and Location Map

Drill core was analyzed by AfriLab, an independent SGS accredited laboratory in Marrakech. Trigon has completed the drilling of an additional fence, the results of which will be reported in the coming weeks. The Company is pleased with its progress, as geologists are attaining a more comprehensive understanding of the nature and size of the mineralization at the Project.

Figure 1: Continuous Sample Data from Fence 2 and Fence 3

Drill N°
From
To
Ref
Cu (%)
Ag (g/t)
S16
24
25
121013
0.25
4
25
26
121014
1.7
4
26
27
121015
2.16
8
27
28
121016
0.69
4
28
29
121017
0.51
12
29
30
121018
0.51
32
30
31
121019
0.24
16
31
32
121020
0.37
16
32
33
121021
0.71
52
33
34
121023
1.22
24
34
35
121024
1.67
32
35
36
121025
0.35
12
36
37
121026
0.43
1
37
38
121027
0.19
1
38
39
121028
0.04
1
S17
39
40
121029
0.48
1
40
41
121030
3.52
1
41
42
121031
0.24
1
S18
57
58
121032
0.01
1
58
59
121034
0.01
1
59
60
121035
0.01
1
S19
7
8
121036
0.03
1
8
9
121037
0.22
1
9
10
121038
0.6
1
10
11
121039
0.5
1
11
12
121040
0.03
4
S20
7
8
121041
0.31
4
8
9
121042
0.3
4
9
10
121043
0.16
1
10
11
121045
0.21
1
11
12
121046
0.35
1
12
13
121047
0.82
1
13
14
121048
0.8
4
14
15
121049
0.51
4
15
16
121050
2.83
17
16
17
121051
2.84
34
17
18
121052
0.86
9
18
19
121053
1.35
4
19
20
121054
0.79
1
20
21
121056
0.44
1
21
22
121057
0.25
1
22
23
121058
0.46
1
23
24
121059
0.58
30
24
25
121060
0.22
1
25
26
121061
0.09
4
26
27
121062
0.05
4
27
28
121063
0.51
34
28
29
121064
0.25
9
29
30
121065
0.65
38
30
31
121067
0.38
13
31
32
121068
0.63
38
32
33
121069
0.51
43
33
34
121070
4.58
242
34
35
121071
0.66
77
35
36
121072
0.21
4
36
37
121073
0.08
4
37
38
121074
0.18
4
38
39
121075
0.14
9
39
40
121076
0.04
4
40
41
121078
0.11
4
41
42
121079
0.05
4
42
43
121080
1.31
68
43
44
121081
0.2
9
44
45
121082
0.01
4
7
8
121041
0.31
4
8
9
121042
0.3
4
9
10
121043
0.16
1
10
11
121045
0.21
1
11
12
121046
0.35
1
12
13
121047
0.82
1
13
14
121048
0.8
4
14
15
121049
0.51
4
15
16
121050
2.83
17
16
17
121051
2.84
34
17
18
121052
0.86
9
18
19
121053
1.35
4
19
20
121054
0.79
1
20
21
121056
0.44
1
21
22
121057
0.25
1
22
23
121058
0.46
1
23
24
121059
0.58
30
24
25
121060
0.22
1
25
26
121061
0.09
4
26
27
121062
0.05
4
27
28
121063
0.51
34
28
29
121064
0.25
9
29
30
121065
0.65
38
30
31
121067
0.38
13
31
32
121068
0.63
38
32
33
121069
0.51
43
33
34
121070
4.58
242
34
35
121071
0.66
77
35
36
121072
0.21
4
36
37
121073
0.08
4
37
38
121074
0.18
4
38
39
121075
0.14
9
39
40
121076
0.04
4
40
41
121078
0.11
4
41
42
121079
0.05
4
42
43
121080
1.31
68
43
44
121081
0.2
9
44
45
121082
0.01
4
S21
45
46
121083
0.01
4
46
47
121084
0.01
4
47
48
121085
0.01
4


Qualified Person

The technical information presented in this press release has been reviewed and approved for disclosure by Fanie Müller, P.Eng, VP Operations of Trigon, who is a Qualified Person as defined by NI 43-101.

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 Morocco and Namibia. The Company recently finalized the acquisition of the Silver Hill project, a highly prospective copper and silver exploration project in Morocco. Namibia is one of the world’s most prospective copper regions, where Trigon has substantial assets in place. 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.

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding the Silver Hill Project, current and future exploration programs, the mineralization at the Project, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Silver Hill and Kombat Projects, 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
+1 647-276-6001
jedr@trigonmetals.com
Website: www.trigonmetals.com

 

Trigon Metals Reports High Copper and Silver Grades in Four-Hole Fence Showing Continuity of Silver Hill Mineralization in Morocco

by

TORONTO, ON / April 5, 2021 / Trigon Metals Inc. (TSX-V:TM) (“Trigon” or the “Company”) announced assay results from holes S13, S14, S15 and S27. The holes are comprised of a 150m wide four-hole fence of drilling to test the geometry and extent of the mineralization at the Silver Hill project in Morocco.

Each of the holes demonstrated strong copper and silver mineralization. The most significant of the results was hole S27, a vertical hole drilled at the end of the program. The hole was prioritized after new insights on the geometry of the system were made with the completion of the trench reported on February 24, 2021.

Highlights

  • Hole S27: 5 metres @ 1.4% copper and 33.6 g/t silver, from 21 metres depth, plus 3 metres @ 0.61% copper and 40 g/t silver.
  • Hole S13: (previously reported January 12, 2021) 8 metre @ 1.8% copper and 121 g/t silver from 32.5 metre depth. Assay results included a 0.5 m interval of 14.87% copper, 1000 g/t silver and 173 ppm cobalt.
  • Hole S14: 2 metres @ 1.27% copper and 5 g/t silver, from 63 metre depth.

The fence of drilling shows that while Mineralization in the earlier angled holes was concentrated adjacent to the contact between the lower sandstone and upper schist, however, the vertical hole, drilled entirely in sandstone, is very well mineralized and the mineralization remains open to the north. This observation appears to corroborate mineralization recognized in trenches 1.5 km away. Please see Figures 1 – 4 below for detailed assay results from holes S13, S14, S15 and S27.

Diagram 1: Two-Dimensional Cross Section of Fence Drilling

Trigon Metals, Inc., Monday, April 5, 2021, Press release picture

Drill core was analyzed by AfriLab, an SGS accredited laboratory in Marrakech.Trigon has completed the drilling of three additional fences, the results of which will be reported in the coming weeks. The Company is pleased with its progress, as geologists are attaining a more comprehensive understanding of the nature and size of the mineralization.

Map 1: Four-Hole Fence in Relation to Other Drill Work at Silver HillJunior Mining Network

Jed Richardson, President and CEO of Trigon Metals, said, “These results have supported our high expectations at Silver Hill which is becoming the exploration focus of the Company to complement our production path at the Kombat Mine in Namibia. Trigon’s aim is to take advantage of what we believe to be sustainable higher copper prices by expediting production at Kombat that will generate cash flow to fund development of our portfolio of highly prospective high impact copper projects.”

Continuous Sample Data from Fence

Figure 1: Drill No S13

Drill N°

From

To

Ref

Cu (%)

Ag (g/t)

S13

 27 27.5

13002

0.19

2
27.5 28

13003

0.25

2
28 28.5

13004

0.18

2
28.5 29

13005

0.15

2
29 29.5

13006

0.31

4
29.5 30

13007

0.44

4
30 30.5

13008

0.46

4
30.5 31

13009

0.50

8
31 31.5

13010

0.47

8
31.5 32

13011

0.44

16
32 32.5

13013

0.30

4
32.5 33

13014

0.98

44
33 33.5

13015

0.95

56
33.5 34

13016

0.81

32
34 34.5

13017

14.87

1000
34.5 35

13018

2.08

128
35 35.5

13019

0.26

24
35.5 36

13020

0.60

40
36 36.5

13021

0.32

20
36.5 37

13022

0.92

72
37 37.5

13024

0.26

16
37.5 38

13025

0.22

12
38 38.5

13026

0.23

16
38.5 39

13027

1.14

91
39 39.5

13028

2.74

184
39.5 40

13029

1.56

176
40 40.5

13030

0.48

28
40.5 41

13031

0.21

4
41 41.5

13032

0.63

20
41.5 42

13033

0.39

12
42 42.5

13035

0.18

4
42.5 43

13036

0.01

4
43 43.5

13037

0.07

2
43.5 44

13038

0.02

2
44 44.5

13039

0.55

20
44.5 45

13040

0.05

3
45 45.5

13041

0.06

4
45.5 46

13042

0.16

8
46 46.5

13043

0.76

36
46.5 47

13044

0.35

28
47 47.5

13046

0.19

4
47.5 48

13047

0.34

8
48 48.5

13048

0.32

12
48.5 49

13049

0.38

16
49 49.5

13050

0.35

20
49.5 50

13051

0.78

24
50 50.5

13052

0.3

4
50.5 51

13053

0.37

12
51 51.5

13054

0.48

16
51.5 52

13055

0.25

12
52 52.5

13057

0.31

12
52.5 53

13058

0.23

8
53 53.5

13059

0.45

16
53.5 54

13060

0.08

3
54 54.5

13061

0.17

2
54.5 55

13062

0.14

2
55 55.5

13063

0.69

3
55.5 56

13064

1.20

4
56 56.5

13065

0.41

3
56.5 57

13066

0.16

2
57 57.5

13068

0.13

1
57.5 58

13069

0.16

1
58 58.5

13070

0.42

4
58.5 59

13071

0.09

1
59 59.5

13072

0.06

1
59.5 60

13073

0.36

2
60 60.5

13074

0.07

1
60.5 61

13075

0.06

1
61 61.5

13076

0.15

2
61.5 62

13077

0.44

3
62 62.5

13079

0.32

3
62.5 63

13080

0.75

3
63 63.5

13081

1.33

4
63.5 64

13082

0.46

3
64 64.5

13083

0.24

2
64.5 65

13084

0.13

2
65 65.5

13085

0.01

1
65.5 66

13086

0.20

1

Figure 2: Drill No S14

Drill N°

From

To

Ref

Cu (%)

Ag (g/t)

S14

 62.5 63

14002

0.04

4
63 63.5

14003

0.17

3
63.5 64

14004

4.22

10
64 64.5

14005

0.15

4
64.5 65

14007

0.55

4
65 65.5

14008

0.02

3
65.5 66

14009

0.01

3
66 66.5

14010

0.01

4
66.5 67

14012

0.02

2
67 67.5

14013

0.03

2
67.5 68

14014

0.02

2
68 68.5

14015

0.05

2
68.5 69

14017

0.04

4
69 69.5

14018

0.05

2
69.5 70

14019

0.05

2
70 70.5

14020

0.15

3
70.5 71

14022

0.05

2
71 71.5

14023

0.06

2
71.5 72

14024

0.11

3

Figure 3: Drill No S15

Drill N°

From

To

Ref

Cu (%)

Ag (g/t)

S15

 18 19

121002

0.01

1
19 20

121003

0.02

1
20 21

121004

0.03

1
21 22

121005

0.19

1
22 23

121006

0.11

1
23 24

121007

0.16

1
24 25

121008

0.14

1
25 26

121009

0.08

1
26 27

121010

0.13

1
27 28

121011

0.07

1

Figure 4: Drill No S27

Drill N°

From

To

Ref

Cu (%)

Ag (g/t)

S27

21

22

221025

0.01

1.00

22

23

221026

0.15

1.00

23

24

221027

0.3

12.00

24

25

221028

0.57

12.00

25

26

221029

0.83

12.00

26

27

221030

1.87

56.00

27

28

221031

1.3

80.00

28

29

221032

0.62

8.00

29

30

221033

0.19

4.00

30

31

221034

0.03

4.00

31

32

221036

0.03

4.00

32

33

221037

0.04

4.00

33

34

221038

0.47

20.00

34

35

221039

0.44

32.00

35

36

221040

0.91

68.00

36

37

221041

0.31

4.00

37

38

221042

0.15

4.00

38

39

221043

0.35

4.00

39

40

221044

0.15

4.00

40

41

221045

0.76

4.00

41

42

221047

0.76

4.00

42

43

221048

0.56

1.00

43

44

221049

0.66

1.00

44

45

221050

0.25

4.00

45

46

221051

1.1

36.00

46

47

221052

0.33

4.00

47

48

221053

0.01

1.00

48

49

221054

0.01

1.00

49

50

221055

0.01

1.00

50

51

221056

0.92

1.00

87

88

221057

0.8

1.00

88

89

221058

0.11

1.00

89

90

221059

0.02

1.00

90

91

221060

0.11

1.00

91

92

221061

0.02

1.00

Qualified Person

The technical information presented in this press release has been reviewed and approved for disclosure by Fanie Müller, P.Eng, VP Operations of Trigon, a Qualified Person as defined by NI 43-101.

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 Morocco and Namibia. The Company recently finalized the acquisition of the Silver Hill project, a highly prospective copper and silver exploration project in Morocco. Namibia is one of the world’s most prospective copper regions, where Trigon has substantial assets in place. 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.

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding the ongoing exploration program, future exploration programs, the potential mineralization of the Silver Hill project; the Company’s drill program and the results thereof, the Company’s ability to restart production at the Kombat project, the Company’s strategies and the Company’s abilities to execute such strategies, the price of copper, the Company’s expectations for the Silver Hill project and the Kombat project, 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

Investor Update Video | Trench Assay Results

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Click the video to view exclusive commentary on this news release from Trigon’s CEO.

Trigon Metals announced trench assay results from the Company’s exploration program campaign at the Company’s Silver Hill Project in Morocco. The company reported 13 m trench grading 2.7% copper and 34.5 g/t silver.

In case you missed it, click here to read the full press release.

Trigon Reports 13 Metre Trench Grading 2.7% Copper And 34.5 G/T Silver At Silver Hill In Morocco

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TORONTO, February 24, 2021 – Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) announced today trench assay results from the Company’s exploration program campaign at the Company’s 100% owned Silver Hill Project (“Silver Hill” or the “Project”) in Morocco.

A trench has been completed on fresh rock below the saprolite. Continuous samples were collected horizontally along the wall of the trench returning 13 metres of 2.7% copper, 34.5 g/t silver and 82 ppm cobalt. The trench exposed an area of intense sub-vertical hydrothermal alteration, giving geologists a unique look at the nature of the mineralization. The trench is located 1.5km away from the S1 discovery hole, in an area first identified by surface grab sample, J10 reported 6.8% copper and 116 g/t silver (see press release October 5, 2020). The zone was tested successfully with drill hole S9, 31 metres of 0.7% copper from 37 to 68 metres depth down the hole. Given the much higher grades in the trench, it now appears the original hole may not have penetrated the heart of the structure.

Continuous Samples from Trench

Sample # From (m) To (m) Ag (g/t) Cu (%) Co (ppm)
E1                –               0.5 4 2.2 80
E2               0.5               1.0 4 0.66 16
E3               1.0               1.5 4 1.88 16
E4               1.5               2.0 4 1.19 28
E5               2.0               2.5 28 1.95 116
E6               2.5               3.0 68 3.74 48
E7               3.0               3.5 64 2.92 36
E8               3.5               4.0 88 3.82 64
E9               4.0               4.5 108 3.94 104
E10               4.5               5.0 52 3.55 60
E11               5.0               5.5 52 3.43 76
E12               5.5               6.0 32 3.59 248
E13               6.0               6.5 32 4.11 380
E14               6.5               7.0 32 3.88 236
E15               7.0               7.5 28 3.43 252
E16               7.5               8.0 28 3.56 72
E17               8.0               8.5 104 3.93 84
E18               8.5               9.0 24 3.54 32
E19               9.0               9.5 40 2.76 24
E20               9.5             10.0 36 2.46 40
E21             10.0             10.5 20 1.73 16
E22             10.5             11.0 8 1.09 8
E23             11.0             11.5 8 1.98 12
E24             11.5             12.0 16 2.64 32
E25             12.0             12.5 8 1.26 32
E26             12.5             13.0 4 1.06 12

The trench exposed some old mining works where the richest silver mineralization appears to have been previously mined out. Given the limitations of ancient mining techniques, it is our view that the core of the structure at depth has not yet been investigated. Samples E14 and E15 are taken from the opposing wall of the trench avoiding the muddy fill from the mined-out area. Evidence around the site continues to point to silver being the focus of the ancient miners, suggesting the mined-out material may have been a high grade silver vein. Company geologists plan to target deeper in the structure where the vein may remain untouched, out of reach of ancient mining technology.

The trench was 30m in total length ramping down to the target area and samples were taken some 5 metres below the surface level. It was all free digging material, completed with a diesel hydraulic shovel, at a width of 3.8 metres. A rock breaker was used for the final 1.5 metres.

Diagram of Eastern Sector Trench at Hole S9

Jed Richardson, President and CEO of Trigon Metals, said, “This trench, at the site of the S9 Drill hole, has given us our best view of the nature of the mineralization and provides insight for our next steps. We will step out and test the structure at depth to explore whether this structure is a continuation of what we see in the area of the discovery hole S1 over 2km of strike length, or if this is a separate but related structure. This early result supports our excitement about the project and about the prospectivity of Morocco, along with Namibia, our other preferred jurisdiction for developing significant new copper projects.”

View of trench at end of first tier

Qualified Person

The technical information presented in this press release has been reviewed and approved for disclosure by Fanie Müller, P.Eng, VP Operations of Trigon, who is a Qualified Person as defined by NI 43-101.

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. Namibia is one of the world’s most prospective copper regions, where Trigon has substantial assets in place. 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. The Company also recently finalized the acquisition of the Silver Hill project, a highly prospective copper and silver exploration project in Morocco.

 

Cautionary Notes  

This news release may contain forward-looking statements. These statements include statements regarding the Company’s planned exploration program, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Silver Hill Project, the prospectivity of the Silver Hill Project, the mineralization of the Silver Hill 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
+1 416 566 8134
jed.richardson@trigonmetals.com

Website: www.trigonmetals.com

Trigon Metals Reports a Shallow 8m Mineralized Intersection, Yielding 1.8% Copper and 121 G/t Silver at Silver Hill in Morocco

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TORONTO, Jan. 12, 2021 — Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) is pleased to announce assay results from hole S13, the first hole of a planned 3000 m drill campaign at the Company’s Silver Hill Project in Morocco (the “Project”).

An 8 m interval grading 1.8% copper and 121 g/t silver was intercepted at a depth of 32.5 m. Assay results included a 0.5 m interval of 14.87% copper, 1000 g/t silver and 173 ppm cobalt. (Cobalt assays indicate the mineral is present to a degree that may be of value in a concentrate.)

Hole S13 is located at N 31°14’43,6″; W 004°46’53,3″; 70 degrees to N356, in the vicinity of Hole S1, which was drilled by Technomine (the previous owner of the Project) prior to Trigon’s acquisition of the Project. The intent of Trigon’s current drill program is to confirm the mineralization down-dip of the historic mined-out strike zone, identified by the drill program completed in November 2020 by Trigon. Additionally, it is hoped that this ongoing drill program will provide information as to the structural controls of the mineralization. Assay results are pending. During the last three weeks, 10 holes have been completed that targeted a structure believed to be the focus of historic mining, along 1.3 km of known strike length. The 0.5 m high grade interval mentioned above represents the highest silver assay reported on the property.

The exploration team is also designing a subsequent exploration program which will utilize geophysical survey results in order to identify new targets similar to the discovery at S9, drilled in the November 2020 program, which returned 31 m at 0.7% copper, at a depth of 37 m. (See press release dated November 12, 2020).

Qualified Person
The technical information presented in this press release has been reviewed and approved for disclosure by Fanie Müller, P.Eng, VP Operations of Trigon, a Qualified Person as defined by NI 43-101.

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 Morocco and Namibia. The Company recently finalized the acquisition of the Silver Hill project, a highly prospective copper and silver exploration project in Morocco. Namibia is one of the world’s most prospective copper regions, where Trigon has substantial assets in place. 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.

Cautionary Notes
This news release may contain forward-looking statements. These statements include statements regarding the ongoing exploration program, future exploration programs, the potential mineralization of the Project; the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Silver Hill Project and the Kombat Project, 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
+1 416 566 8134
jed.richardson@trigonmetals.com

Website: www.trigonmetals.com