Trigg Minerals (ASX:TMG) hits the ground running in the global antimony race

Trigg Minerals (ASX:TMG) hits the ground running in the global antimony race

February 17, 2025 Off By MarketOpen

It’s not often that a junior explorer gets an open runway to secure a foothold in a critical minerals market, but Trigg Minerals (ASX:TMG) has just set the wheels in motion for what could be a defining chapter in its evolution.

With the NSW Government approving the transfer of the Wild Cattle Creek (WCC) antimony deposit licence, the company has gone from waiting in the wings to leading the charge in a global race for strategic metals.

A Timely Win in the Antimony Game

The approval of the transfer of Exploration Licence 6388, covering the Achilles Project, positions Trigg as one of the largest holders of Tier-1 antimony tenements worldwide.

The timing couldn’t be better.

With China and Russia dominating supply, Western economies are scrambling for secure sources of this critical element, which is essential in defence applications, batteries, and flame retardants.

“The approval marks an important next step in developing the Wild Cattle Creek deposit,” said Trigg Minerals Executive Chairman Timothy Morrison.

“I am particularly pleased that the NSW Government has moved quickly to effect the transfer. This confirms that both the state and federal governments recognise the strategic importance of the project.”

What Makes Wild Cattle Creek Stand Out?

The numbers tell the story: a 1.52Mt resource grading 1.97% Sb, making it one of the highest-grade and only primary antimony deposits in the Western world.

The Bielsdown Fault, which hosts the deposit, stretches over six kilometres and remains largely underexplored, giving Trigg ample room to expand its footprint.

Unlike many ASX juniors that sit on tenements for years before serious exploration, Trigg has wasted no time. Even while awaiting the formal transfer, the company:

  • Raised over $8 million to fund immediate work programs.
  • Designed a comprehensive drill program to expand the resource.
  • Secured additional historically producing antimony tenements.
  • Appointed seasoned antimony executive Andre Boozyen to the board.
  • Listed on the US OTCQB market to broaden investor reach.
  • Became the first ASX-listed company accepted into the International Antimony Organisation (i2a).

A Near-Term Path to Development?

With ownership formalised, the next crucial steps involve finalising land access agreements and securing exploration permits.

Trigg has already engaged key landowners and Crown Land authorities, including Forestry Corporation NSW, in negotiations, paving the way for accelerated on-ground activity.

“We are confident that these negotiations can be consummated expeditiously,” Morrison noted, reinforcing Trigg’s intent to move swiftly.

With antimony’s role in energy storage and national security becoming increasingly apparent, Western governments are eager to back projects that reduce dependence on foreign supply chains.

Trigg’s ability to deliver a high-grade, strategically important resource positions it as a potential frontrunner in this overlooked but vital segment of the critical minerals market.

For investors searching for ASX-listed exposure to the next wave of critical minerals demand, Trigg might just be one to watch.

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