Trigg Minerals (ASX:TMG) has secured tentative approval from the Utah Division of Oil, Gas, and Mining to begin maiden drilling at the Antimony Canyon project, with operations now expected to start as soon as late December.
Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.
Disclaimer: This content has been prepared as part of a partnership with Trigg Minerals Ltd and is intended for informational purposes only.
The DOGM approval Trigg had been waiting for allows the explorer to begin building 24 drill pads and start diamond core drilling across 20 claims.
Final approval is expected to come in after the Aussie explorer lodges a required bond scheduled for payment this week. With the site already prepared, only the on-paper signature remains before Utah drills start firing.
“Securing the drill permit for Antimony Canyon marks a significant milestone that shifts Trigg from an explorer to an active developer in… U.S. critmins,” the company’s managing director, Andre Booyzen, explained.
“Our strategy to focus on the Patented Claims is paying dividends, allowing us to leverage private land tenure to secure permits efficiently, avoiding any federal delays.
“This is an exciting milestone for us,” he added, “and this first phase of drilling will help inform our assessment of potential pilot-scale mining.”
Energold Drilling has already been appointed to conduct the impending December campaign. The company will bring in heli-portable S4 Ranger rigs, which will reduce the need for roadworks and minimise disturbances.
Phase one for the program in Utah will include at least 24 drill holes across 5,400 feet, with the “Salt n Pepper” tuff horizon host unit an early priority target.
At the Little Emma prospect, 21 close-spaced drill holes will assess down-dip and feeder extensions of previous workings. Those older works had previously seen channel sampling returning grades of up to 29.4% antimony.
Another three holes will also be staged at Gem, targeting structural feeders.
TMG has popped on the news, adding +7% to sell at 11.3cps.
Join the discussion. See what HotCopper users are saying about Trigg Minerals Ltd and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
