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Trigg Minerals Expands Antimony Operations with Strategic US Acquisition

Story Highlights
  • Trigg Minerals Ltd acquires 49 mining claims in Utah, enhancing its US antimony strategy.
  • The acquisition positions Trigg to validate and expand a major antimony resource in the US.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Trigg Minerals Expands Antimony Operations with Strategic US Acquisition

Confident Investing Starts Here:

An announcement from Trigg Mining Ltd. ( (AU:TMG) ) is now available.

Trigg Minerals Ltd has announced the acquisition of 49 unpatented lode mining claims at the Antimony Canyon Project in Utah, USA, which is currently the largest and highest-grade antimony project in the country. This acquisition aligns with Trigg’s strategy to strengthen its antimony division and expand its footprint in the US, leveraging the project’s historical resource estimate of 12.7 million metric tonnes at 0.79% antimony. The company plans to validate these estimates and explore the potential for a JORC-compliant Mineral Resource, enhancing its industry positioning and offering significant exploration upside for stakeholders.

More about Trigg Mining Ltd.

Trigg Minerals Ltd is a company engaged in the mining industry, focusing on the exploration and development of mineral resources. The company is particularly involved in antimony mining, with a strategic emphasis on expanding its operations in tier-one jurisdictions such as the United States.

Average Trading Volume: 10,519,783

Technical Sentiment Signal: Buy

Current Market Cap: A$36.03M

For an in-depth examination of TMG stock, go to TipRanks’ Stock Analysis page.

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