Trigon Metals Announces First Underground Mining Blast at Kombat

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TORONTO — Trigon Metals Inc. (TSX-V: TM, OTCQB: PNZTF) (“Trigon” or the “Company”) is pleased to announce the commencement of operational training for the underground mine at the Kombat project ahead of schedule, marked by the successful blasting of the first block.

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The early initiation of the underground operational training underscores Trigon’s commitment to operational excellence and efficient project delivery. The first blast was initiated on Thursday, February 1, 2024 at the Asis West shaft’s No. 1 level.

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The first underground blast represents a key step towards unlocking the full potential of the Kombat project and realizing its strategic importance in the copper market. The significant milestone sets the stage for enhanced project economics as the Company enters a new operational phase that is expected to exploit higher copper grades at depth as indicated by the resource statement and resource models which were reconfirmed through surface and underground confirmatory drilling, an important step towards positioning Trigon as a key player in the copper market and facilitating the long-term sustainability and profitability of the Kombat Mine.

Fanie Müller, Vice President of Operations at Trigon Metals, remarked, “Congratulations to our team who managed to achieve this milestone earlier than anticipated after months of detailed design and planning. The focus now is on safely mining the higher-grade ore from the upper levels of the Asis West shaft complex and building on the underground ramp-up profile over the next couple of months.”

Knowledge Katti, Namibian Businessman and local partner of Trigon Metals, commented, “We extend heartfelt congratulations to the entire team for their exceptional efforts in accelerating the commissioning process. This achievement is a testament to the commitment and proficiency of our Namibian personnel. We are confident that this early success sets the stage for a…