Trigg Minerals (ASX:TMG) sharpens focus with patented claims at Antimony Canyon

Trigg Minerals (ASX:TMG) has taken a decisive step in reshaping its strategy, moving from broad regional exploration towards a targeted development pathway at its Antimony Canyon Project in Utah.

By announcing an Exploration Target that is entirely centred on its newly acquired patented claims, the company has shifted the narrative from a conceptual growth story to one that carries tangible near-term development potential.

This change combines geological confidence with regulatory clarity, two factors that are often in short supply in the critical minerals sector.

Highlights

• Exploration Target defined at 6.1–6.9 Mt grading 1.4–2.3% Sb, containing 86,000–158,000 tonnes of antimony metal

• 20 patented claims secured, providing full ownership of both surface and mineral rights

• Historical workings confirmed high-grade results, including 1.5m at 33.2% Sb

• Streamlined permitting under Utah’s Mined Land Reclamation Act fast-tracks pilot-scale mining ambitions

• Strong balance sheet following recent capital raising supports the accelerated strategy

The Exploration Target of between 6.1 and 6.9 million tonnes grading 1.4–2.3% antimony, equating to 86,000 to 158,000 tonnes of contained metal, is supported by detailed historical work conducted by the U.S. Bureau of Mines and by more recent sampling campaigns.

These recent results have returned standout grades, including 33.2% Sb in channel sampling, with many samples exceeding 10% Sb, highlighting the high-grade potential that places Antimony Canyon in rare company within Western supply chains.

The acquisition of 20 patented claims represents a major change in Trigg Minerals risk profile because it grants fee simple ownership of both surface and mineral rights, which not only insulates the company from future shifts in federal land policy but also provides a simplified and more predictable permitting process under Utah’s state framework.

As Managing Director Andre Booyzen stated,

We now control not only the mineral rights but also the land surface, giving us the ability to advance exploration and development without delays and allowing the company to pursue its near-term, pilot-scale mining ambitions aggressively.” This control allows Trigg to plan infrastructure such as processing facilities and access roads without lengthy federal reviews, while also strengthening its ability to engage directly with local communities and state regulators, both of which are critical to maintaining momentum.

The strategy directly aligns with the United States government’s call for secure domestic supplies of critical minerals, with antimony (used in defence, energy storage and flame retardants) currently dominated by China and Russia, and Trigg’s sharpened focus on the most de-risked portion of its asset positions the company as a potential first mover in rebuilding U.S. production capacity.

Supported by a strong balance sheet after a recent capital raise, Trigg is well placed to implement a program of mapping, geophysics, trenching and drilling designed to validate historical results and deliver a maiden JORC and S-K 1300 compliant Mineral Resource.

For investors, the shift is important because it transforms the story from a conceptual exploration play into a more concrete development proposition.

The move towards pilot-scale mining carries the prospect of early cash flow, which in turn could reduce dilution by funding further exploration across the wider district.

At a time when geopolitical tensions and supply chain fragility continue to elevate the importance of critical minerals, Trigg Minerals’ decision to accelerate Antimony Canyon demonstrates both timing and strategy that appear carefully aligned with broader market and policy trends.

Please note the following valuable information before using this website. 

Independent Research 

Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified.