Trigg Minerals Limited (ASX:TMG) announces restatement and expansion of Wild Cattle Creek antimony resource

Trigg Minerals Limited (ASX:TMG) has swiftly moved to restate and expand the Wild Cattle Creek (WCC) antimony resource, part of the recently acquired Achilles Antimony Project. The Mineral Resource Estimate (MRE) for the WCC deposit includes an Indicated and Inferred Resource of 610 kt at 2.56% antimony (Sb), equating to 15,600 tonnes of contained antimony, making it the highest-grade undeveloped antimony project in Australia. The high-grade WCC antimony deposit is particularly sensitive to fluctuations in antimony prices, which have surged 150% since the JORC Resource announcement in 2013. Trigg aims to capitalize on this surge by restating the resource model to include additional volume and consider gold and tungsten content, potentially enhancing the MRE upon completion of the acquisition of the Achilles Antimony Project.

Executive Commentary on Achilles Antimony Project Restatement and Expansion

Trigg Minerals Executive Chair Timothy Morrison expressed his enthusiasm, stating, 'I am thrilled by the potential for significant early gains from our impending acquisition and the promising results from Anchor's initial exploration efforts elsewhere on the property. The early indications of the Achilles project suggest a wealth of opportunity, and we are eager to unlock its full potential. It's an exhilarating time for Trigg, and I look forward to sharing our progress as we explore and expand this exciting venture.'

Summary of Trigg's Restatement and Expansion of Wild Cattle Creek Antimony Resource

Trigg Minerals Limited (ASX:TMG) has taken swift action to restate and expand the Wild Cattle Creek (WCC) antimony resource, part of the recently acquired Achilles Antimony Project, in response to the surge in antimony prices. The restatement aims to include additional volume and consider gold and tungsten content, potentially enhancing the Mineral Resource Estimate (MRE). With access to a comprehensive drilling database from Anchor Resources Pty Ltd, Trigg anticipates completing the restatement by early to mid-November. Furthermore, exploration drilling west of the defined deposit is expected to further expand the WCC resource. Trigg is also encouraged by Anchor's broader exploration results, which have identified stibnite mineralisation in outcrops at six additional locations, offering significant exploration upside and resource potential. The amendment to the acquisition agreement with Anchor will see all consideration TMG Shares issued at completion, pending shareholder approval, marking a significant milestone in Trigg's development.