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An update from Trigg Mining Ltd. ( (AU:AT4) ) is now available.
American Tungsten & Antimony has begun low-cost refurbishment of its fully permitted Dutch Mountain tungsten processing facility in Utah, aiming to fast-track a restart to meet strong U.S. critical mineral demand. The mill, acquired in January and previously used to process ore from the historic Fraction Lode mine as recently as 2017, is the only proven tungsten processing plant in the Clifton Mining District and is expected to help unlock high-grade regional deposits currently constrained by processing bottlenecks.
The company has identified and ordered all necessary equipment, budgeting about US$400,000 for works such as plant cleanup, equipment relocation, new cyclones, upgraded crushing and sorting, and installation of monitoring systems, with completion targeted in roughly six months. AT4 has also appointed experienced mining professional Jack Webby as project manager for construction and is advancing permitting for exploration drilling at Fraction Lode, intended to confirm and extend known tungsten mineralisation and support future resource definition and development studies in the district.
The most recent analyst rating on (AU:AT4) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Trigg Mining Ltd. stock, see the AU:AT4 Stock Forecast page.
More about Trigg Mining Ltd.
American Tungsten & Antimony Ltd is an ASX- and OTCQB-listed resources company focused on tungsten and antimony, with a growing presence in the U.S. critical minerals sector. The company’s key assets include the Dutch Mountain tungsten processing mill and associated historic tungsten mines in Utah’s Clifton (Gold Hill) Mining District, positioning it as a potential regional processing hub.
Average Trading Volume: 13,010,611
Technical Sentiment Signal: Sell
Current Market Cap: A$104.8M
For a thorough assessment of AT4 stock, go to TipRanks’ Stock Analysis page.