Highlights
- Trigg Minerals acquires landholding with a historic high-grade antimony mine.
- Three new exploration licence applications submitted in the New England Orogen.
- Systematic exploration to begin, including geophysical surveys, sampling, and drilling.
Trigg Minerals Ltd (ASX:TMG) has expanded its exploration footprint by securing a landholding in New South Wales, which includes the historic Bukkulla Mine—known for producing high-grade antimony exceeding 25%.
The company has applied for three exploration licences in the New England Orogen, covering:
- Bukkulla Mine, a former antimony-producing site.
- North Nundle Antimony Project, an extension of the historic Nundle Goldfield.
- Tia Antimony Project, containing deep leads and reef gold occurrences, which remain largely underexplored.
Historic High-Grade Antimony Discovery
Rock chip sampling at the Bukkulla Mine has returned antimony grades of around 23%, reinforcing confidence in the site’s rich mineralization, where past production saw grades exceeding 25%. The deposit also contains arsenic, silver, and elevated gold values, drawing comparisons to Larvotto Resources' (ASX:LRV) Hillgrove antimony-gold project.
Strategic Exploration Plans
Trigg Minerals plans to conduct geophysical surveys, geochemical sampling, and drilling campaigns to further assess the mineral potential of its newly acquired projects.
Executive Chairman Tim Morrison emphasized the significance of this acquisition, stating:
"This package strengthens our investment in antimony, a critical mineral with growing demand. We look forward to unlocking its full potential through systematic exploration."
Market Response
Trigg Minerals' stock has been trading at 4.1 cents, with anticipation building over the upcoming exploration activities.