By: Ecofin agency

On March 3, Canadian junior miner Trigon Metals announced the launch of its first exploration campaign at the Addana silver project in Morocco. The initiative marks a new step in the company’s investment strategy in the country, which it considers a “key destination for new silver deposit discoveries.”

Trigon selected Addana as its flagship Moroccan asset, although the company is already active in the country with the Silver Hill project. The exploration program includes 12 diamond drill holes totaling 2,100 meters and targets the Antenna Hill and Addana Southwest prospects. Although the company did not disclose the total cost of the campaign, it referred in July 2025 to an initial $350,000 budget allocated to exploration activities at Addana.

For Trigon, which initiated the sale process of its Kombat copper mine in Namibia last year, the acceleration of activities at Addana carries strategic significance. The company is repositioning its portfolio at a time when Morocco ranks among the most attractive mining jurisdictions in Africa. The Fraser Institute ranked Morocco second on the continent in 2025.

Morocco already hosts leading silver operations, including Managem’s Imiter mine and Aya Gold & Silver’s Zgounder mine. Meanwhile, prolonged strength in international silver prices is supporting renewed exploration momentum.

Andreas Rompel, Exploration Manager at Trigon Metals, stated: “Morocco continues to consolidate its position as a favorable jurisdiction for mining thanks to modern infrastructure, a clear regulatory framework, and a growing presence in the precious metals sector. With global silver prices remaining high [...], Addana benefits from a strategic location in a region that is home to Africa's largest silver mine [Imiter, Ed.]."

However, the Addana project remains at an early stage. The company must now await initial drilling results to assess the potential for significant discoveries. Several years may pass before Trigon defines exploitable resources and confirms the economic viability of a future mine.