Trigg Mining: Confirms potential at Lake Throssel deposit

  • Trigg Mining has received encouraging results from ground-based gravity surveys completed across its Lake Throssell Sulphate of Potash Project
  • Modelling of the data acquired indicates the presence of a significant palaeovalley sequence below the main lake system
  • Trigg has also undertaken a heli-supported rotary drilling program at the site confirming the sequence
  • The company hopes the sequence beneath Lake Throssell contains large volumes of potentially high-grade potassium-rich brine
  • The drilling program will help establish a maiden mineral resource estimate for the project, with drilling to begin next month
  • Shares in Trigg are trading up 20 per cent at 15 cents each
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

Revolut’s Storonsky Strengthens Residency in UK After Filing Error

CEO Nik Storonsky clarifies residency status following administrative mistake.Highlights: Nik Storonsky corrects residency status following a filing error.Revolut's...

PicPay Strengthens Position with $25 Billion Valuation in New York IPO

The Brazilian payments platform PicPay goes public, marking a significant milestone.Highlights: PicPay valued at $25 billion following its...

Long-Term DEI Efforts Strengthen Business Outcomes

Exploring how diversity, equity, and inclusion impact corporate success.Highlights: Diversity, equity, and inclusion (DEI) enhance employee engagement.Companies with...

EBAday Fintech Zone Winners Strengthen Industry Presence

Insights into past winners and their ongoing impact on fintech.Highlights: EBAday 2023 showcased multiple fintech innovations.Winners are expanding...