06:59 AM EDT, 09/19/2024 (MT Newswires) -- Trigon Metals ( PNTZF ) on Thursday said it mined an average of 980 tonnes of ore a day from its underground operations over a 30 day period, 13 months ahead of schedule.
The company said the result is a key milestone as required under the streaming agreement with Sprott Private Resource Streaming, Royalty (B), and Sprott Mining, by exceeding average production of 900 tonnes per day from its underground operations over 30 consecutive days. This threshold was required to be met by October 31, 2025.
Open pit operations at the Kombat Mine in Namibia will be paused at the end of September.
The current milling capacity constraint at the Kombat mine limits plant throughput to 1,000 tonnes per day, which leads to the preferential feeding of higher-grade underground ore, the company said.