Trigon Metals Secures EU Funding and Advances Kombat Mine Sale

Trigon Metals Inc ( (TSE:TM) ) has provided an update.

Trigon Metals Inc.’s Kalahari Copper Project has been selected for the European Union’s €5 million UNDERCOVER research initiative, one of only three projects to receive support. This program is set to advance deep mineral exploration technologies over a three-year period, enhancing the responsible supply of raw materials. The strategic involvement in the UNDERCOVER project is expected to significantly benefit Trigon’s exploration efforts in the Kalahari Copper Belt, potentially improving its industry positioning. Additionally, Trigon is progressing with the proposed sale of the Kombat Mine to Horizon Corporation Ltd., indicating strategic portfolio adjustments.

More about Trigon Metals Inc

Trigon Metals Inc. operates in the mining industry, focusing on mineral exploration and development projects. The company is involved in the Kalahari Copper Project, a joint venture with Ongwe Minerals, situated in the Kalahari Copper Belt in Namibia. The project aims to utilize advanced exploration technologies to discover critical raw materials.

YTD Price Performance: -23.71%

Average Trading Volume: 82,615

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$16.33M

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