Trigg Minerals finds high-grade antimony targets at Taylors Arm
Mining
Mining
Special Report: High resolution satellite imagery analysis at TMG’s Taylors Arm asset has turned up multiple targets in addition to the 71 historically producing antimony workings and mines across the project.
Trigg Minerals (ASX:TMG) is one of the ASX’s newest antimony explorers following a strategic pivot, which involved the transformative acquisition of the Taylors Arm portfolio and Spartan antimony project in NSW.
The acquisition, covering some 288km2 of turf with proven antimony production, gives the company leverage to a critical raw material and mineral used in solar cells, electric vehicles, lead-acid batteries and nuclear weapons, making Western government investment in the supply chain a national and international security imperative.
At its core are export controls planned by the Chinese government, which produces in the order of 55% of the world’s antimony and does most of its processing.
Prices have doubled this year to record highs of around US$25,000/t.
TMG has wasted no time in getting boots on the ground at Taylors Arm, with exploration activities generating new targets in addition to the 71 historically producing ultra-high grade antimony workings and mines.
Trigg is collating all relevant geological data, including historical exploration and production records, with the newly acquired remote sensing layers to assess and rank exploration targets.
This integrated approach allows the prioritisation of targets based on geological potential and exploration viability, supporting informed decision-making for the forthcoming exploration campaign.
Remote image processing specialist Dirt Exploration and its principal, Dr Neil Pendock, was engaged to acquire, process, and analyse Sentinel visible/near-infrared [VNIR], shortwave infrared [SWIR] and PULSAR synthetic aperture radar [SAR] satellite imagery.
The resulting exploration targets were generated by training a multivariate statistical classifier on several of the numerous (71) historical workings within the project area.
This work identified prospective areas of interest for antimony mineralisation, which are now being ranked and prioritised based on Sentinel and Radar responses, utilising existing geological mapping, and known rock geochemistry.
Exploration will now focus on completing the data compilation and geophysical surveys to prioritise exploration targets while minimising the impact on the environment and local communities.
This article was developed in collaboration with Trigg Minerals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.