Trigg Minerals starts the hunt for more antimony at Wild Cattle Creek

Trigg Minerals starts maiden exploration for more antimony at the Wild Cattle Creek deposit
Exploration will focus on several priority targets outside the current resource area
Company will also reexamine existing library of 21 diamond core holes to generate drill targets and highlight previously underexplored zones

Special Report: Trigg Minerals has started maiden exploration activities aimed at expanding resources at the Wild Cattle Creek antimony deposit within its recently acquired Achilles project in NSW.

Wild Cattle Creek, which is one of few primary antimony deposits globally with grades the company says are the highest in Australia, currently hosts a resource of 610,000t at 2.56% antimony.

Antimony is a critical mineral used heavily in military tech, battery technologies, semiconductors and to strengthen alloys. It commands prices well over US$25,000/t, far higher than the US$10,000/t price used in the original resource estimate.

Trigg Minerals’ (ASX:TMG) maiden exploration is focused on several priority targets, immediately outside the resource area and its extensions on strike, particularly west towards the Fletchers Mine.

This will seek to identify walk up drill targets to test the strike’s extent in a bid to deliver high-grade intersections outside the current resource.

Notably, the style of mineralisation and mineral assemblage observed at four of the prospects identified by the previous vendor closely resembles that of the Wild Cattle Creek deposit.

Adding interest, historical drilling has already indicated that there’s more mineralisation to be found with at least three known holes drilled outside the resource envelope intersecting ultra-high grade antimony.

The Achilles antimony project. Pic: Trigg Minerals

Further value could also be found in the deposit’s tungsten and gold enrichment, which were not included in the original resource estimate.

“This work will provide the basis for an updated scoping study. Given the current market price for antimony and anticipated expansion of MRE the scoping study is expected to deliver vastly improved modelling of the economic potential of Wild Creek,” executive chair Timothy Morrison said.

Other activities

TMG has also established that a secured library of 21 diamond core holes exists on site and is available for a comprehensive reinterpretation.

Results from this will be integrated with reinterpreted geophysical surveys to generate high-potential drilling targets and highlight previously underexplored zones.

This is aimed at providing clearer insights into the structure and mineralisation trends and an updated 3D geological model to assist exploration across the broader Achilles project.

Achilles contains a significant 6km long strike length with numerous high-grade antimony occurrences outside of the WCC deposit that have not been subjected to modern exploration and drilling.

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.