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Trigg Mining Ltd. ( (AU:TMG) ) has issued an update.
Trigg Minerals Ltd has announced the discovery of a large-scale, high-grade tungsten system at its Tennessee Mountain Project in Nevada. Historical data from 1956 reveals significant tungsten mineralization potential, with intercepts indicating a bulk-tonnage skarn system. The project, located in a tier-1 mining jurisdiction, offers the potential for a domestic US source of tungsten, a critical mineral. The historical work provides a strong technical foundation for modern exploration, potentially saving time and resources in developing the project. However, the data does not meet current JORC Code standards, necessitating further verification and exploration.
More about Trigg Mining Ltd.
Trigg Minerals Ltd is a company operating in the mining industry, with a focus on exploring and developing mineral resources. The company is currently engaged in projects involving critical minerals, such as tungsten, which are essential for defense, aerospace, and industrial applications.
Average Trading Volume: 28,014,269
Technical Sentiment Signal: Buy
Current Market Cap: A$107.9M
See more insights into TMG stock on TipRanks’ Stock Analysis page.