Antimony Comparison In ASX, page-39

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Trigg Begins Exploration at Historic U.S. Antimony Site May 30, 2025 12:07 pm Trigg (ASX: TMG) launches maiden exploration at Antimony Canyon, aiming to unlock U.S. supply of this critical mineral with modern methods. OTCQB: TMGLF) Trigg Minerals (ASX: TMG) has launched its maiden exploration program at the Antimony Canyon Project (ACP) in Utah. The campaign will assess high-priority targets across historical antimony mines that lack modern exploration.Fieldwork will include geological mapping, prospecting, and ground-truthing historical mine workings such as Emma-Albion, Mammoth, Stebinite, and Pluto prospects. These activities aim to establish a JORC 2012-compliant mineral resource estimate.Focus on Scale and ModernisationThe ACP area was historically significant for domestic antimony supply during past conflicts. Yet, its vast mineralised footprint remains largely unexplored using contemporary methods.Trigg plans to resample mineralised trenches and adits, identify new zones, and confirm continuity of mineralisation along strike and depth.Smelter Plans and Federal EngagementIn parallel, Trigg is assessing sites within the license area for potential smelter development. This supports the company’s goal to become a vertically integrated, conflict-free supplier of antimony to the U.S. and allied markets.Trigg has begun engagement with U.S. government agencies to determine eligibility for federal incentives focused on domestic critical minerals.Financially Backed for ExpansionTrigg reports a strong balance sheet (reporting cash of $5.3M March 31, 2025) to advance both Antimony Canyon and its Achilles project. The company is also evaluating divestment of non-core exploration assets to further bolster liquidity.Managing Director Andre Booyzen said: “This initial site visit marks an important milestone in advancing our U.S. antimony strategy. The Antimony Canyon Project has a rich production history and a significant foreign resource estimate.”From Acquisition to Exploration in 10 DaysTrigg announced agreement to acquire the ACP on the 19th of May. It is reported to be the largest and highest-grade antimony project in the United States according to the U.S. Bureau of Mines and hosts a foreign resource estimate of 12.7 million tonnes at 0.79% antimony for 100,300 tonnes of contained metal.*High-grade historical mines within the project include Emma (1.5–2.2% Sb), Mammoth (1.5–2.4% Sb), and Nevada (2.2–3.6% Sb). However, Trigg sees significant potential to define a materially larger resource using modern methods.Tickers: ASX: TMG | OTCQB: TMGLF