Trigg Mining Limited (ASX: TMG) has commenced its first-ever ground-based exploration activities on the Lake Yeo Sulphate of Potash (SOP) Project in Western Australia after securing the grant of the tenements covering this exciting growth opportunity immediately south-east of its flagship Lake Throssell SOP Project.
Gravity surveys are also underway at Lake Throssell itself as part of the next phase of work at the Project being undertaken as part of the current Pre-Feasibility Study.
Following the execution of a Heritage Protection and Land Access Deed with the Traditional Owners of the Lake Yeo SOP Project, the Nangaanya-ku, two Exploration Tenements (E38/3610 and E69/3851) covering the eastern portion of the Project have been granted.
Based on radiometric potassium intensity1 and the Aster Gypsum Index1 data, Trigg Mining believes Lake Yeo to have the potential to be a repeat of Lake Throssell, representing significant growth potential.
The maiden gravity survey is the first step in assessing this hypothesis and will be used to define future drilling targets.
In addition, following the successful Scoping Study at the Lake Throssell completed in October , work is underway to further define the basal aquifer, commencing with a 220 line-kilometre gravity survey.
Managing Director, Keren Paterson, said this will further refine the locations for the test water-bores to be drilled in 2022 to convert the Mineral Resource Estimate to an Ore Reserve as part of the Pre-Feasibility Study.
“The current in-fill gravity program at Lake Throssell signifies the formal start of the Pre-Feasibility Study and will assist with identifying potential resource extensions and help to refine the planning for the test-production bores expected to be drilled in the middle of 2022,” Paterson said.
“The grant of the tenements at Lake Yeo is also a major step in evaluating the broader regional potential for SOP mineralisation close to Lake Throssell – potential which we believe is very significant.
“Lake Yeo lies just to the south, along the same interpreted palaeovalley and has similar signatures for potassium and sulphate as Lake Throssell. The maiden gravity survey is designed to identify the palaeovalley and potential future drill-hole locations to test this exciting Project. If we are successful with our upcoming exploration activities, this could be a transformational development that results in a dramatic expansion of our growth pipeline in the district, around a central SOP processing hub based at Lake Throssell.”
For further information please visit: https://www.triggmining.com.au/
