Trigg moves swiftly on antimony

Trigg Minerals (ASX: TMG) is rapidly working to restate the existing mineral resource estimate (MRE) and grow the potentially significant Wild Cattle Creek (WCC) resource at its recently acquired Achilles antimony project in NSW.

WCC contains 15,600t of antimony and is also enriched in tungsten and gold, making it NSW’s second-largest antimony deposit and the highest-grade undeveloped antimony project in Australia, according to Trigg.

Tungsten and gold were excluded in the original MRE as well as potentially significant antimony veins.

In addition to these potential enhancements, Trigg says antimony prices have surged 150% since 2013, a change not accounted for in the existing resource model.

Trigg minerals executive chair Timothy Morrison comments on the update.

“I am thrilled by the potential for significant early gains from our impending acquisition and the promising results from Anchor’s initial exploration efforts elsewhere on the property,” he said.

“The early indications of the Achilles project suggest a wealth of opportunity, and we are eager to unlock its full potential.

“It’s an exhilarating time for Trigg, and I look forward to sharing our progress as we explore and expand this exciting venture.”

Upon completion of the acquisition of the Achilles antimony project, Trigg says it will inherit a well-organised and comprehensive drilling database from Anchor Resources, facilitating a resource restatement with these considerations in mind.