Trigon Reports a Shallow 8m Mineralized Intersection, Yielding 1.8% Copper and 121 G/t Silver at Silver Hill in Morocco
12 Janeiro 2021 - 9:30AM
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 PersonThe 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 NotesThis 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
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