Trigon Metals

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Primary ticker: TSXV:TM
Stage of development: Exploration, Production
Primary minerals: Copper
Project to promote: Kombat Mine
Project location: Namibia
Website: www.trigonmetals.com

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 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 Kombat Mine and continues to explore its licences.

 

Cash: CAD 5M
Debt: CAD Nil

 

Major shareholders:
Institutional – 40%
Eric Sprott- 16.2%
Management and Directors – 5%

Financials

Management Profile

Jed Richardson, CEO & Executive Chairman

Mr. Richardson is a qualified mine engineer with a background that includes mine finance and resource development over a 25-year career. As CEO of Great Quest, a fertilizer resource developer active in Mali, West Africa, he gained valuable experience operating and creating shareholder value in Africa. He has also held an executive position at Amazon Mining developing resource assets in Brazil.

Mr. Richardson spent a large portion of his career in capital markets working as a research analyst at Sprott Securities and RBC Capital Markets. He also worked as a Mining Engineer for Alcan Aluminum after graduating from the University of Toronto. Mr. Richardson holds a B.A.Sc in Mineral and Geological Engineering.

 

Aidan Sullivan, VP Investor Relations

Mr. Sullivan has more than 20 years of experience building and financing both private and public companies in North America and China.

What is your rationale for taking part in 121 Mining Investment?

Seeking on market support as we continue exploration of our copper asset and expand production at our operating Kombat Mine. We are well-funded and focused on introducing the company to new investors now that we have successfully restarted the Kombat Mine in Namibia after 14 years of dormancy.

What recent news would you like to highlight to investors attending?

Trigon Metals Closes Acquisition of Kalahari Copperbelt Project in Namibia (3/14/2024)

Trigon Metals Announces Positive Feasibility for its Kombat Asis West Underground Mine (3/4/2024)

Trigon Metals Inc. Enters Arrangement Agreement to Spin-Out Moroccan Assets

(2/14/2024)

Trigon Metals Announces First Underground Mining Blast at Kombat (2/5/2024)

Trigon Metals: 15.5m with 5.56% Cu & 81.4 g/t Ag Mineralization Intercepted at Kombat, Namibia (1/23/2024)

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Expand underground mining of Kombat to 15,000 tonnes of ore

 

6 Months:
Advance drilling program at Kombat

 

12 Months:
12.5 Million tonnes of copper produced, mill expanded 60,000 tonnes per month

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Our company is a compelling investment offering excellent value as compared to other mining stocks with comparable share prices, however, we are relatively unknown at this stage. Copper price is unprecedently high and our share price does not reflect this.

What do you think makes your company such a compelling investment?

We are a junior explorer with a producing copper mine, operating in one of the most mine-friendly locales in Africa (Namibia).

What are the top 3 key investor takeaways?

Extensive land holdings to explore, strong balance sheet, cash flowing operating copper mine amidst low global supply and high copper prices.