Trigg Minerals (ASX:TMG) advances critical minerals strategy with major U.S. acquisition
If critical minerals are the new oil, then Trigg Minerals (ASX:TMG) may have just acquired the equivalent of a gushing well.
With the acquisition of the Antimony Canyon Project in Utah, Trigg has positioned itself at the epicentre of North America’s future-facing materials push — and not by halves.
The project is believed to be the largest and highest-grade antimony deposit in the United States, according to historical data.
Key Highlights:
-
Acquisition of 49 unpatented lode mining claims in Utah, ranked the world’s top mining jurisdiction
-
Historical resource estimate: 12.7 million tonnes at 0.79% antimony (not JORC-compliant)
-
Mine grades of up to 3.6% Sb recorded in historic operations
-
Antimony Canyon complements Trigg’s Wild Cattle Creek deposit in NSW
-
Immediate plans to fast-track a JORC-compliant Mineral Resource Estimate
The project’s scale is impressive — and historic. First mined in 1879, Antimony Canyon was once Utah’s premier antimony producer.
Its past operations included multiple high-grade mines such as Emma and Nevada, where historical records suggest grades of up to 3.6% antimony in some zones. But it’s the sheer tonnage that elevates this project.
The 1949 U.S. Bureau of Mines report pegs the foreign resource at 12.7 million tonnes at 0.79% Sb, a figure Trigg intends to verify and, ideally, surpass under JORC 2012 guidelines.
Trigg Minerals Managing Director Andre Booyzen summed up the strategic value succinctly:
“Trigg Minerals is delighted to announce the strategic acquisition of the Antimony Canyon Project, an asset that significantly enhances our antimony portfolio. This acquisition positions us to become a meaningful domestic supplier of antimony and contribute to greater supply chain security in North America.”
With existing access in place and plans for geological mapping, geochemical sampling and confirmatory drilling, Trigg is wasting no time.
The company expects to advance the asset rapidly with minimal permitting delays, thanks in part to the claims’ location within a historically mined district and favourable jurisdiction.
It’s a timely move, antimony is classed by the U.S. Government as a critical mineral, essential for defence, energy, and electronics, yet the country remains wholly reliant on imports.
Trigg’s expansion into the United States also follows its recent OTCQB listing (TMGLF), giving it a foothold with North American investors likely to be receptive to a domestic antimony play.
With a healthy cash balance and a clear roadmap to JORC validation, Trigg isn’t just acquiring an asset — it’s carving out a leadership role in a geopolitically important market for critical minerals.