Mr. Jed Richardson reports

NEW DRILLING AT KOMBAT MINE - EAST 400 PIT DELINEATES 9 METRES AT 7.9% CU AND 23.8 G/T AG

Trigon Metals Inc. has released results from confirmation drilling at the Kombat mine in Namibia with key highlights from the drilling campaign. The reported results are from the East 400 area and the Kavango North pit. The East 400 area is located 250 metres east of the Kavango pit where mining began in May, 2023. The Kavango North pit is an extension of the Kavango pit.

Highlights of the drill results

The team has drilled some confirmation holes in the East 400 area. East 400 is the smallest and shallowest of the planned pits at the Kombat mine. The holes did exhibit evidence of oxidization in the mineralized zone, but also returned some of the highest silver grades reported in drilling this year.

E400INF009 (3.7 azimuth, minus-53-degree dip):

• Intersected 11 metres, 1.75 per cent copper, 20.61 grams per tonne silver, from 31 m.

E400INF013 (186.4 azimuth, minus-58.7-degree dip):

• Intersected nine m, 7.89 per cent copper, 23.80 g/t silver, from 30 m.

At the Kavango North pit, where mining is currently active, the team drilled confirmatory holes within the planned resource envelope. The results of the drilling displayed a strong correlation to the resource model, supported the targeted head grade of 1.2 per cent copper and exhibited higher silver grades in excess of the resource average 6.2 g/t.

KVNINF005 (180 azimuth, minus-63-degree dip):

• Intersected 15 m, 1.59 per cent copper, 13.07 g/t silver, from 17 m.

KVNINF014 (171.8 azimuth, minus-62.1-degree dip):

• Intersected five m, 2.78 per cent copper, 36.99 g/t silver, from 35 m.

KVNINF017 (181.1 azimuth, minus-64.6-degree dip):

• Intersected 29 m, 1.19 per cent copper, 10.84 g/t silver, from 20 m.

These infill holes drilled at East 400 and Kavango North pit serve as confirmation of mineralization previously modelled; however, copper and silver grades are higher than expected.

Jed Richardson, Trigon's president and chief executive officer, commented: "Drilling is now focused on East 400 and East 600, completing resource confirmation and definition. One of the three drill rigs active at Kombat will be moved to Gross Otavi on the western limb of the Copper King extension later this month.

"Our mining ramp-up continues at Kombat. We have already moved 210,000 tonnes of ore and waste this month, exceeding the 124,000 tonnes moved in May, and our June target of 180,000 tonnes. At full production, monthly mined ore and waste will average 240,000 tonnes per month and our team has already shown this is a target they will be able to meet and exceed in the coming months. Mill start-up is planned for the end of July, with first concentrate shipment in August."

The assays have been prepared and classified by Trigon Mining (Namibia) Pty. Ltd. in accordance with the reporting guidelines as set out in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects as required by the Canadian Securities Administrators.

Quality assurance/quality control (QA/QC)

All sample assay results have been monitored through the company's quality assurance/quality control program following E2941-21 standard practices for extraction of elements from ores and related metallurgical materials by four-acid digestion with inductively coupled plasma optical emission spectroscopy finish. Drill core was sent to an independent laboratory, African Laboratory Specialists Namibia (ALS), for analysis. ALS is an independent laboratory, located in Kombat, Namibia. Core samples were prepared using the ASTM procedures. Sample size: three kilograms, crushed split to 250-gram weighed sample (plus/minus 0.5000 gram).

Qualified person

The technical information presented in this press release has been reviewed and approved for disclosure by Fanie Muller, PEng, vice-president, operations, of Trigon, who is a qualified person as defined by NI 43-101.

About Trigon Metals Inc.

Trigon is a publicly traded Canadian exploration and development company with its core business focused on copper and silver holdings in mine-friendly African jurisdictions. Currently, the company has operations in Namibia and Morocco. In Namibia, the company holds an 80-per-cent interest in five mining licences in the Otavi Mountainlands, an area of Namibia widely recognized for its high-grade copper deposits, where the company is focused on exploration and redevelopment of the previously producing Kombat mine. In Morocco, the company is the holder of the Silver Hill project, a highly prospective copper and silver exploration project.

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