Wednesday , April 24 2024

Kombat open pit mining granted clearance certificate

Trigon Metals has received the environmental approvals required to commence exploration at the company’s open pit mining project Kombat.

Government recently awarded the company an environmental clearance certificate for proposed exploration on the mining licences held by Manila Investments (Pty) Ltd, an 80% owned subsidiary of Trigon.

Valid for three years, the certificate allows the company to commence with its infill drilling program, focused on the Kombat Central and East open pit mining areas, with the objective of upgrading the current mineral resources from the inferred category to measured and indicated mineral resources.

Meanwhile the company is continuing its discussions with several potential offtake partners in order to assess the opportunities for marketing its product when production has recommenced.

“We are extremely pleased to announce yet another milestone in the process of bringing Kombat back into production. The outlook for the copper market remains strong and we are well placed to participate in this upside,” said Stephan Theron, President and Chief Executive Officer of Trigon.

Trigon is a publicly traded Canadian exploration and development company with its core business focused on copper operations in Namibia, one of the world’s most prospective copper regions, where it has substantial assets in place with significant upside.

The company continues to hold an 80% interest in five mining licenses in the Otavi Mountain lands, an area of Namibia widely recognized for its high-grade copper deposits.

Within these licences are three past producing mines including the company’s flagship property, the Kombat Mine.

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