Trigon Metals – Closed A $37.5mil Silver Streaming Deal, Increased $10mil, Updates On The Mine Restart
Jed Richardson, CEO of Trigon Metals (TSX.V:TM – OTC:PNTZF) joins me to provide an update on the closing of a silver stream from Sprott Streaming for a total of $37.5million. This was a $10milllion increase on the initial amount announced. I also have Jed provide an update on the Kombat Mine restart in terms of the work that still needs to be done and when the mine could be up and running.
In terms of the silver stream deal I have Jed outline the $10mil increase in the stream deal and how the money will be allocated all with the goal of restarting the mine. There was also a couple adjustments made to the silver and new copper stream. It’s all about restarting the mine so we spend time layout the path to restart.
On other news we recap drill results from September 15th as well as an update on the Silver Hill Project in Morocco where drilling is planned in the near term.
If you have any follow up questions for Jed please email me at Fleck@kereport.com.