Thomas Wood of Trinity Silver Corp. talks to Eric Coffin | Metals Investor Forum Sept. 2026
Metals Investor Forum Sep 25, 2026 9:03
Summary
Trinity Silver (TSX-V: TOM) is advancing historic silver projects in Chile and Ecuador, with Q4 drilling planned at Nueva Chañarcillo.
Nueva Chañarcillo was Chile's largest historic silver mine, yet had never been surveyed with geophysics before Trinity's first-ever drone magnetic survey.
A 2002 hole cut 2 metres at 2,390 g/t (grams per tonne) silver 58 metres down hole; twin and step-out drilling is planned for Q4.
The Silver-1 mine in Ecuador ran from 1989 to 1994; Trinity is rebuilding community relations first, with local elections due 29 November.
Trinity reports $3.9 million in cash and completed a 3D survey, 37-hole tailings auger program and drone magnetics in its first month.
Eric Coffin's takeaways
- Top takeaway Coffin frames Trinity Silver as an under-the-radar story: a very low market cap against its projects and cash balance, with news flow only starting now.
- Coffin recalls the Chile property's mid-1990s drilling history and presses on whether the prior operator's bulk tonnage results make sense at current silver prices.
Thomas Wood's takeaways
- Top takeaway Wood anchors Trinity's Q4 program on twinning and stepping out from a 2002 hole that cut 2 metres at 2,390 g/t silver 58 metres down hole at Nueva Chañarcillo.
- Wood says Trinity ran three programs in its first month at the Chile project, including drone magnetics that he says is the property's first-ever geophysics.
- Wood says tailings assay results are due within weeks but manages expectations, calling the tailings a low-cost test rather than the reason for the acquisition.
- Wood cites $3.9 million in cash at the last financials and says Trinity does not need to go back to market to fund the work.
- In Ecuador, Wood is prioritizing community relations at Silver-1 ahead of 29 November local elections and expects election-driven opposition to fade after the vote.