Trigg Minerals Limited (ASX: TMG) is an ASX-listed exploration and development company focused on gold and base metals exploration in the Drummond Basin and Charters Towers region of northern Queensland.
Trigg owns 100% of the Drummond epithermal gold project and has entered into binding agreements to acquire 90% of the Clarke Reward and Mt Carmel projects in the Drummond Basin and 90% of the West Ravenswood and Bosworth projects in the Charters Towers region, which are located on the northern perimeter of the Drummond Basin region.
Drummond Basin and Charters Towers regions are highly prospective for epithermal and intrusive-related gold mineralisation.
Trigg also owns three sulphate of potash (SOP) projects in Western Australia – Lake Throssell, Lake Rason and Lake Yeo projects. Trigg has strategically focused on solving critical technical roadblocks to SOP processing. If successful, current testwork will expand to building a demonstration-scale plant. The strategic value of solving pre-processing salt homogeneity issues has the potential to unlock the value of existing production processes and resolve the recovery issues that have hindered the SOP industry. The success of this innovative processing technology will potentially open the value of the Lake Throssell project and will possibly reignite the SOP industry as a whole.
The Company has considerable resource industry experience across all disciplines and key areas, and it intends to manage its growth to ensure cost-effective leadership and deliver maximum value.