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Trigg Minerals (ASX:TMG) will imminently kick off its maiden early-stage exploration campaign on-site its Taylors Arm antimony project in NSW after mapping 71 historical workings associated with eye-catching grades.
None of these historical targets of interest have been subject to modernised mining technologies, but Trigg reminded on Wednesday “exploration will focus on data compilation and … geophys.”
“Despite the widespread nature of [on-site] antimony occurrences … there has been no modern, systematic exploration since at least the 1990’s,” the company wrote.
“Due diligence completed by Trigg highlighted 71 historical workings, which have seen prior informal mining and extraction in two crucial periods: World War II and the early 1970s.”
Those historical workings are enveloped within the boundaries of the company’s exploration licence, with several highlighted by management on Wednesday.
First and foremost, providing the ability to talk of “ultra high grade,” the historical Testers Mine within Trigg’s exploration licence delivered Australia’s highest ever recorded antimony (Sb) grade of 63% Sb in massive stibnite veins.
The Swallows Nest mine, meanwhile, once extracted antimony “at a 40% concentration” from 1940-1955.
Another asset of interest called Little Purgatory produced stockpile samples of 28% Sb, and, a fourth called Real McKay boasts fault mineralisation reportedly as high as 53% Sb.
Antimony prices were recently pushed higher by a Chinese export curb; the somewhat obscure metal has been an increasingly popular theme on the ASX across the last few weeks. Especially for junior explorers.
You can read more about the antimony thematic here to get an idea of what’s going on in the space.
TMG last traded at 2.7cps.
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