Drummond Project, Queensland
The Drummond Project incorporates five granted exploration permits covering 540km² in the Drummond Basin, 150km south of Townsville, Queensland. At the Drummond Project, Trigg is exploring for epithermal and intrusion-related gold (-silver) deposits with existing advanced prospects plus further greenfield exploration potential.
Drummond gold and base metal project, northern Queensland
The Drummond Project is close to several major gold discoveries and producers. Significant gold endowment and historic production also occurs in several low-sulphidation epithermal (LSE) deposits within a 70km radius including Pajingo (~3.6Moz), Yandan (~0.9Moz), Wirralie (~0.3Moz) and Mount Coolon (~0.6Moz). Minor polymetallic skarn and porphyry copper-gold style mineralisation has also been reported. Pajingo produces up to 230,000 ounces of gold annually at a head grade of between 9g/t gold and 15g/t gold.
The Drummond Basin region also has excellent infrastructure and under-utilised plant capacity near the Drummond Project.
There has been considerable work completed to date, with ~$6.2 million spent by previous stakeholders, including Evolution Mining Limited (ASX: EVN). Historic exploration within the Drummond tenements has defined gold mineralisation at Limey, Breccia Hill, Quartz Ridge, and Bunyip with historic mining of silver-gold-base metals undertaken at Charlies. The substantial, high-quality historical database that exists has enabled Trigg to identify numerous high-priority targets for drill testing.
Exploration at the Drummond Project is targeting thick gold-bearing veins and breccias that is typical for the Drummond Basin and as seen at Pajingo. Work programs are already in place to explore these high-priority targets, with land access executed, native title settled and agreements in place with supportive landowners. Exploration will involve low-cost techniques such as grid-based regional soil sampling ahead of detailed geochemistry and potentially drilling of resultant anomalies.
Trigg will also assess the project’s prospectivity for high-quality base metals targets.