Trigg loads up Drummond exploration magazine

Trigg Minerals (ASX:TMG) plans to conduct a range of geophysical activities to further extend and understand the mineralisation footprint at the Leichhardt Mineral System, as part of the Sandalwood Creek Project in North Queensland. 

Sandalwood Creek makes up part of Trigg’s wholly owned, 540km-square Drummond Basin Gold Project. 

The company says it will also finalise additional drill testing of ‘high-priority’ targets to coincide with drilling at the Breccia Hill Mineral System, where it is also looking to integrate induced polarisation (IP) results into drillhole target processing to define targets for drilling in Q2 2024, as well as conduct a dipole dipole IP survey. 

This survey will also investigate other ‘high priority’ mineral systems, including the Limey Trend and newly discovered targets at Sandalwood Creek.

As of 10:45am AEDT, Trigg’s share price had risen 16.666% to $0.007.   

Trigg today (20 March 2024) also announces geological and technical consultancy Global Ore Discovery has completed integration of all historical datasets as part of a mineral systems analysis and targeting process. 

Additional third-party datasets continue to be reprocessed and incorporated into the targeting work, which has defined priority geophysical and drilling targets for follow-up by Trigg this month, ahead of the aforementioned drilling planned immediately thereafter. 

Datasets integrated during the comprehensive mineral system analysis include stream sediments, soil samples, rock chips, drilling, SpecTIR hyperspectral mineral mapping, magnetics, radiometrics, induced polarisation, geological mapping, state geological survey structures, and state mineral occurrences. 

Chairman Timothy Morrison says: “Several promising targets have been identified for Trigg for immediate follow up with further exploration, including geophysical surveying and drill testing over the next few months. 

The Drummond Basin, is a well-endowed mineral province with more than 7 million ounces of contained gold regionally, and we are excited to be accelerating our exploration efforts to uncover the potential of our newly acquired gold projects in Queensland.”

Trigg Minerals is a mineral explorer and developer focused on gold and base metals in northern Queensland. 

As of 31 December 2023, the company had $2.714 million cash at hand, according to its latest quarterly report. 

Global Ore is a geological expert in the technical analysis and discovery of epithermal gold systems in Queensland and is assisting Trigg with compilation and analysis of all available technical data.  

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Images: Trigg Minerals
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.