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     165  0 Kommentare Trigon Metals Announces May 2024 Production Highlights and Provides FY2025 Guidance

    Trigon Metals Inc. (TSX-V: TM, OTCQB: PNZTF) ("Trigon" or the "Company") is pleased to announce highlights of its May 2024 underground production at Kombat and provides production guidance for the remainder of its 2025 financial year (“FY2025”).

    May 2024 Production Update

    At the Kombat mine, May 2024 was marked by several record-breaking underground mining days, leading to a production average of 12.1 tonnes of copper per day. Underground ore mined for the month totalled 19,664 tonnes at an average grade of 2.16%, leading to the production of 386 tonnes of copper. The Company wishes to acknowledge its dedicated Namibian team for this outstanding achievement.

    Further to the announcement of Commercial Production from the underground mine (see press release dated May 23, 2024), the Company is pleased to report that the underground mine has continued to perform and exceed the production targets defined in its feasibility study (the “Feasibility Study”). The Feasibility Study was prepared by SRK Consulting South Africa (Pty) Ltd (“SRK”) in accordance with Canadian Securities Administrators’ National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”).

    Financial Year 2025 Guidance

    The Company’s focus for FY2025 remains on underground production from the Asis West underground complex. Underground production is expected to amount to between 250,000 and 280,000 ore tonnes mined for the year, at an average grade between 1.95% and 2.3% copper. From the ore mined, Trigon projects its copper metal production to range between 5,500 tonnes (12.1 M lbs) and 6,100 tonnes (13.4 M lbs) for the year.

    Cash costs are expected to be an average of US$2.80/lb to US$3.15/lb for the full year, reducing on a quarter-by-quarter basis as production is ramped up to steady state.

     

     

    Q1 Guidance

    FY 2025 Guidance

    Description

    Unit

    Floor

    Ceiling

    Floor

    Ceiling

    Underground Mining

    tonnes

    52,000

    55,000

    250,000

    280,000

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    Trigon Metals Announces May 2024 Production Highlights and Provides FY2025 Guidance Trigon Metals Inc. (TSX-V: TM, OTCQB: PNZTF) ("Trigon" or the "Company") is pleased to announce highlights of its May 2024 underground production at Kombat and provides production guidance for the remainder of its 2025 financial year (“FY2025”). May …