Trigg Mining: Receives encouraging SOP results from Lake Throssell

  • Trigg Mining (TMG) has received encouraging results from the 26-hole rotary drilling program
  • Drilling returned high-grade assay results of up to 14,500 milligrams per litre, or 14.5 kilograms per cubic metre of sulphate of potash
  • These results have also confirmed the presence of a high-grade surficial aquifer over an extensive area
  • These results compare favourably to the shallow hand auger sampling that was conducted late last year
  • That sampling program returned grades of up to 14,800 milligrams per litre
  • Company shares are up 15.1 per cent and are trading for 9.9 cents
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

IG Group Considers Switching Listing from London to New York

The financial services firm explores a potential move to enhance visibility.Highlights: IG Group is weighing a move from...

Huawei and Yowpay Launch Open Banking Smartwatch POS App

Innovative app combines open banking with smartwatch technology for payments.Highlights: Huawei partners with Yowpay to introduce a smartwatch...

UK Banks Reject Opportunity to Lift £100 Contactless Limit

Major UK banks choose not to increase contactless payment thresholds.Highlights: UK banks will not raise the £100 contactless...

Crypto.com Cuts 12% of Workforce Amid AI Shift

The company streamlines operations in response to evolving market dynamics.Highlights: Crypto.com reduces workforce by 12%Focus shifts to AI...