Trigon Metals restarts concentrate production at Kombat mine

August 11, 2023

Trigon Metals Inc. has announced the full restart of milling and processing operations at the Kombat Mine, marking significant progress toward achieving commercial production targets by the end of September.

"The Company has achieved a major milestone by initiating operations in the mill's crushing facility and initiating the flotation circuit. The plant is currently operating in three-hour intervals as the Trigon team meticulously fine-tunes the equipment and prepares for a continuous 24-hour, 7-day operation. Concentrate levels in the thickeners are steadily increasing, with the first concentrate production on the horizon. This achievement not only propels our Company forward but also holds great significance for the Kombat community, as we transition into a cash-flow positive operation. We eagerly anticipate the ongoing growth of our operations at Kombat, which will further enhance the value we bring to our committed shareholders," said Jed Richardson, President and Chief Executive Officer of Trigon.

Jeremy Hangula, Local Director of Trigon Namibia, praised the exceptional dedication of the Trigon Namibia team for commencing production.

“Support from our local shareholders and stakeholders has proven to be invaluable and has contributed greatly to the hundreds of jobs created, and currently adding value to the Kombat community,” he said.

This comes as the Canadian exploration and mining development company resumed operations at the mine in March after suspending operations last year.

The hiatus according to the company, was utilized to reconfigure the mine plan and prioritize higher-grade and more consistent orebodies found in the Kavango pit and Kombat trend mineralization.

Trigon Metals achieved a significant milestone by producing its inaugural copper concentrates at the Kombat Mine in January 2022, concluding a 14-year closure.

The first shipments of copper concentrate were subsequently dispatched in March of the same year.

In 2021, Trigon entered into a strategic agreement with IXM to acquire full ownership of the production from the Kombat Mine. In exchange, IXM provided a project finance facility of US$5 million, instrumental in facilitating the restart of mining operations.

Trigon is a publicly traded Canadian exploration and development company renowned for its focus on copper and silver holdings. Presently, the company maintains operational activities in Namibia and Morocco.

In Namibia, Trigon holds an 80% interest in five mining licenses located within the Otavi Mountainlands, an esteemed region renowned for its abundant high-grade copper deposits.

 

 

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Last modified on Monday, 14 August 2023 14:39

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