Trigg Minerals Limited (ASX: TMG) ("Trigg" or the "Company") is pleased to report excellent results from recent Induced Polarisation (IP) geophysical surveys at its Drummond epithermal gold-silver project in Northern Queensland. HIGHLIGHTS
• Trigg completes IP geophysics programs at the high-priority Breccia Hill and SW Limey targets within its Drummond Basin Project in Queensland
• Technical expert Global Ore Discovery has successfully integrated Trigg’s IP geophysics results with historical datasets.
• Several promising drill targets are now defined for Trigg’s upcoming drilling program, including -
i. SW Limey: strong chargeability and resistivity anomalies defined, which compare favourably to the IP signature of the nearby world-class Pajingo epithermal gold deposit. Anomalies indicate the potential for newly recognised, well-preserved epithermal quartz vein structures.
ii. Breccia Hill: resistivity and chargeability anomalies consistent with deeper ‘feeder’ structures defined.
• 3D reprocessing of historical IP data at the Quartz Ridge target has revealed a significant resistivity and chargeability anomaly at a key structural intersection, which is untested by historic drilling and provides a clear target for Trigg’s drill program
• Trigg’s initial drilling program will test all of these highest priority targets defined at SW Limey, Breccia Hill and Quartz Ridge as soon as practically possible
Trigg Minerals Executive Chair Timothy Morrison said: “Identifying compelling new high-priority targets at SW Limey, with an IP signature analogous to the nearby world class Pajingo gold deposit validates the thorough approach our team have taken at Drummond.
Furthermore, potentially identifying newly recognised, well-preserved epithermal quartz vein structures is an exciting discovery that allows us to finalise our targets for the upcoming drill program which will commence as soon as the necessary heritage survey is completed.”
