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We've updated the MRE for the Wild Cattle Creek #Antimony Deposit at our Achilles Project. The resource has grown by ~92% to 𝟏.𝟓𝟐𝐌𝐭 𝐚𝐭 𝟏.𝟗𝟕% 𝐒𝐛, 𝐜𝐨𝐧𝐭𝐚𝐢𝐧𝐢𝐧𝐠 𝟐𝟗,𝟗𝟎𝟐 𝐭𝐨𝐧𝐧𝐞𝐬 of antimony. This confirms the deposit's status as a significant, high-grade antimony asset.
The updated $TMG MRE retains the high-grade 1% cutoff and excludes #Tungsten and #Gold, which present additional upside potential. We plan to evaluate the contribution of Tungsten and Gold in a future MRE.
This significant Resource upgrade reaffirms the Achilles Antimony Project as a premier asset with strong potential for further expansion and value growth.
Executive Chair Timothy Morrison said, "The near doubling of the Mineral Resource at Wild Cattle Creek is a great achievement for the entire team at Trigg. I want to thank everyone involved. The substantial upgrade of the Mineral Resource at Wild Cattle Creek, part of the Achilles Project, reinforces its status in Trigg's portfolio. The deposit elevates Trigg to a globally significant position in securing antimony supply and offers substantial exploration potential within and beyond the resource area. As our flagship project, Achilles underscores our commitment to driving growth and meeting the critical demand for antimony."
Read the full $TMG #ASX announcement here: https://t.co/GqAfJrmAOV
#ASXNews
We've appointed Andre Booyzen, former VP of Mandalay Resources, as Senior #Antimony Strategic Advisor. With 20+ years of mining expertise, including full strategic and operational control at the Costerfield Gold-Antimony Mine and overseeing product sales, offtakes, and negotiations, Andre will play a key role in exploring and advancing potential strategic offtake and global partnerships for our antimony portfolio. This includes the Wild Cattle Creek deposit within the Achilles Project, positioned as a critical Western supply amid China's export restrictions.
We anticipate strong newsflow through 2025, with plans to restate the Mineral Resource Estimate at the Achillies Antimony Project and advance exploration and drilling across our portfolio.
Executive Chairman Timothy Morrison said: "Mr Booyzen's appointment came at an important time as Trigg positioned its expansive NSW antimony portfolio for development, in particular its Achilles Project, which hosts Australia's highest grade undeveloped antimony resource at the Wild Cattle Creek deposit.
Andre's extensive experience at Mandalay Resources' Australian operations, as one of the Western world's only antimony producers, will be invaluable to Trigg as we look to develop our antimony projects in NSW. We are focused on delivering value to our Shareholders and see the current antimony market environment, which has experienced record prices of up to US$38,000 per tonne in 2024, and continued tightening of antimony export restrictions by China, as the sign that we need to unlock the potential of these projects as quickly as possible, and we believe Andre can help us achieve that."
Read the full $TMG #ASX Announcement here: https://t.co/JckfpAj3mc
#CriticalMinerals #ASXNews $TMG #TriggMinerals
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