THE DRILL SERGEANT: Trigg Mining remains on track for a maiden JORC Resource at the company’s e 100 per cent-owned Lake Throssell sulphate of potash (SOP) project, located east of Laverton in Western Australia.
Trigg Mining had expanded the program from its original 38 holes to 54 holes, on the back of results achieved during the first stage of the program.
The recent program has covered the palaeovalley extent within tenement E38/3065 covering a strike length of approximately 36 kilometres of the 112km in the total project area.
Field analysis of salinity has indicated the recently drilled southern portion of the palaeovalley has comparable salinity to the northern portion where assay results returned grades of up to 11,519mg/L (11.5kg/m3) SOP equivalent.
Brine samples have been submitted to laboratory for analysis, with results expected at the end March / early April.
Geological modelling has commenced for a maiden JORC Inferred Mineral Resource estimate, which is expected to be completed next Quarter.
“The completion of our first-ever comprehensive air-core program at Lake Throssell is a significant milestone for the team and an important step towards unlocking the commercial potential of this large-scale, high-grade sulphate of potash deposit,” Trigg Mining managing director Keren Paterson said in the company’s ASX announcement.
“We are encouraged and excited by what we have seen in the drilling so far, with preliminary observations from the field confirming that we have a very large-scale palaeovalley system extending over a strike length of 36km within granted tenement E38/3065, up to 5km wide and up to 100m deep.
“Importantly, there is clear evidence of the presence of multiple aquifers across the profile – which suggests the potential for multiple production sources.
“We are now eagerly awaiting assay results from the drilling and work has already commenced on the geological model required to underpin a maiden JORC Mineral Resource estimate, which we expect to complete next quarter.
“This will provide a foundation for economic studies and is only the beginning of the resource story at Lake Throssell with roughly two thirds of the strike potential within the current project area still untested.
“We are continuing our systematic approach to unlocking the potential of this exciting high-grade sulphate of potash project, and we are looking forward to delivering a significant amount of news-flow for our shareholders and investors over the next few months.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE