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Trigg Mining Ltd. ( (AU:TMG) ) has provided an update.
Trigg Mining Ltd. has discovered a new high-grade antimony-tungsten structure beneath its Wild Cattle Creek deposit, significantly enhancing the resource potential of the site. This discovery is particularly timely given China’s recent suspension of tungsten exports, which has disrupted global markets and increased the strategic importance of alternative sources. The Wild Cattle Creek deposit, already known for its high-grade antimony, now presents a crucial opportunity for securing domestic tungsten supply, potentially elevating Trigg Mining’s position in the critical minerals sector.
More about Trigg Mining Ltd.
Trigg Mining Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is particularly involved in the extraction of antimony and tungsten, with a significant focus on the Wild Cattle Creek deposit in Australia.
YTD Price Performance: -18.42%
Average Trading Volume: 26,792,541
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$28.64M
For an in-depth examination of TMG stock, go to TipRanks’ Stock Analysis page.
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