Skip to main content

Samples Assayed at Silver Hill Extend Potential Strike Length to 2.0 km of High-Grade Mineralization

TORONTO, Oct. 05, 2020 (GLOBE NEWSWIRE) — Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) is pleased to report assay results from grab samples taken at the Company’s Silver Hill copper-silver project (“the Project”) in Morocco. Notably, surface sampling returned positive results from a newly identified area of mineralization, containing evidence of historical mining – sample J10 returned 112g/t silver and 6.80% copper. The new area is presumed to be an extension of the uppermost structure drilled and reported by Trigon on August 10, 2020. This result extends the known area of mineralization 1.2 km beyond the previous work, increasing the potential strike length to at least 2 km.
The remainder of the work focused on the second structure that to date has reported higher grade copper and lower silver grades than the first structure (upper most structure). Work included sampling of outcrop on a road cut in the area, notably sample J2 returned 5.84% copper and 1 g/t silver. Samples were taken from walls of a historical adit, approximately 20 m from the entrance. Notable results include sample J3 with 5.04% copper and 24 g/t silver and sample J5 with 14.32% copper and 280 g/t silver. Waste piles outside of the adit were also sampled returning extraordinary copper results – J6 returned 12.40% copper and 32 g/t silver, and J9 returned 21.39% copper and 24 g/t silver. Samples were analyzed for silver and copper using Inductively Coupled Plasma – Atomic Emission Spectroscopy (“ICP-AES”) prepared using four acid absorption in Marrakech, Morocco by African Laboratory for Mining and Environment (“AfriLab”).See below for table of results, map of locations and images of samples.Jed Richardson, president and CEO of Trigon Metals, commented, “We are very pleased with the new results from Silver Hill which demonstrate that the mineralization extends beyond the area that was initially identified. On the success of the sampling at J10, the upcoming drilling program will target this area in addition to testing down dip extensions from the mineralization identified by the previous shallow drilling.”Table 1Silver Hill SamplesFigure 1 – Silver Hill Global Map: https://www.globenewswire.com/NewsRoom/AttachmentNg/c6a39c7b-0c80-4add-8715-1e11d450bdbbSilver Hill Project OverviewThe Silver Hill Project is an 8 km2 property in the Anti-Atlas region of Morocco. The Project is located at a regional address well known for base metals occurrences in Morocco. Morocco has a mining history that spans in excess of 100 years and is well known for being a mining friendly jurisdiction. Preliminary surface exploration has revealed high-grade copper and silver mineralization distributed over a wide surface area. Slags from ancient workings indicate historical large-scale mining for silver.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, 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 continues to hold 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 sampling at Silver Hill and the results thereof, the future exploration plans for Silver Hill, the prospectivity of the Project, the Company’s ability to explore and advance the Project, the Company’s strategies and the Company’s abilities to execute such strategies, 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.Image 1Sample J2 – road outcrop: https://www.globenewswire.com/NewsRoom/AttachmentNg/81ee55bc-95d7-433b-8ffd-6814c9ab0dbeImage 2Sample J3 – taken from adit walls: https://www.globenewswire.com/NewsRoom/AttachmentNg/79322c0c-7c00-46e0-bc54-b3f6563c1bc9Image 3Samples J5 – taken from adit walls: https://www.globenewswire.com/NewsRoom/AttachmentNg/542b3a74-c82b-4eca-b8a8-0cad5e33b5e2Image 4Sample J6 – taken from waste piles at the entrance to adit: https://www.globenewswire.com/NewsRoom/AttachmentNg/e46d100e-42dd-43a8-afeb-a1830b600ce1Image 5Sample J9 – taken from waste piles at the entrance to adit: https://www.globenewswire.com/NewsRoom/AttachmentNg/6fd7daf2-2414-4112-aec8-2e1b565bfb28Image 6Sample J10 – historical workings 1.2 km from previous work: https://www.globenewswire.com/NewsRoom/AttachmentNg/9b2ef195-f3f7-427b-bc13-9a7c35bc99ab For further information, contact:

Jed Richardson
+1 416 566-8134

Website: www.trigonmetals.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.