Trigg Minerals Secures Historic Antimony Mine in New South Wales

2 min read | February 03, 2025 03:57 PM PST | By Team Kalkine Media

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:

  1. Bukkulla Mine, a former antimony-producing site.
  2. North Nundle Antimony Project, an extension of the historic Nundle Goldfield.
  3. 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.

 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.


Sponsored Articles


Investing Ideas

Previous Next