Trigg Mining Reports Maiden Lake Throssell SOP Resource

THE DRILL SERGEANT: Trigg Mining (ASX: TMG) stamped its credentials for developing a new long-term sulphate of potash (SOP) production hub in the Laverton district of Western Australia with delivery of a substantial maiden Inferred Mineral Resource Estimate (MRE) for the company’s Lake Throssell SOP project in Western Australia.

Trigg Mining reported a Drainable Inferred Mineral Resource for Lake Throssell of 14.21 million tonnes SOP at 4,638mg/L potassium (K) (or 10.34kg/m3 potassium sulphate [K2SO4]) has been estimated based on results from thorough exploration programs completed at the project.

The company explained the only additional data required to increase the confidence category of the MRE to Indicated is test pumping to evaluate additional aquifer properties.

The company also updated its Exploration Target, which it said indicates strong potential to expand this MRE.

The new Exploration Target, in addition to the MRE, has been defined as a range of 2.6 to 9.4 million tonnes at 9.5 to 10.3kg/m3 K2SO4.

“This is a fantastic result for our shareholders which puts Trigg Mining front and centre of the new-generation SOP industry in Western Australia,” Trigg Mining managing director Keren Paterson said in the company’s ASX announcement.

“The maiden 14.2 million tonnes at 10.3kg/m3 SOP Mineral Resource clearly shows that Lake Throssell has the scale and grade to underpin a sustainable long-term SOP production hub, particularly when considering its Tier-1 location and proximity to high-quality energy and transport infrastructure.

“In addition to delivering a sizeable maiden Mineral Resource, we have also demonstrated the upside potential with an updated Exploration Target of 2.6 to 9.4 million tonnes of SOP, encompassing tenements to the north and south which are awaiting grant.

“Together with our Lake Rason project, the company now has a Total Mineral Inventory of more than 20 million tonnes of SOP with substantial upside to expand on this even further.

“The publication of a maiden Mineral Resource for Lake Throssell marks the beginning of an exciting journey for Trigg.

“We will immediately start the next phase of work, which includes a program of trenching and test pumping aimed at converting a portion of the Inferred Mineral Resource to the higher confidence Indicated category.

“This will in turn provide the foundation for a Scoping Study, which we are aiming to complete by the end of this year.”