- Trigg Mining (TMG) is on track to update Lake Throssell’s mineral resource, after completing a brine pumping trial at the sulphate of potash (SOP) project
- The company says the trial tested the upper aquifer, finding it capable of supporting the modelling required to upgrade the project’s resource
- Lake Throssell’s Inferred Mineral Resource sits at 14.2 million tonnes of drainable SOP at 4,638 milligrams per litre potassium
- TMG is now commencing surficial aquifer resource modelling to create an Indicated Mineral Resource that’ll underpin a future Scoping Study
- Company shares ended Wednesday up 3.41 per cent at 9.1 cents each
Trigg Mining (TMG) is on track to update Lake Throssell’s mineral resource, after completing a brine pumping trial at the sulphate of potash (SOP) project.
TMG said the trial at the project, which is located east of Laverton, WA, aimed to estimate the aquifer properties of the lake surface aquifer.
The company was pleased to announce the testing was successful, finding the properties of the upper aquifer supported the modelling required to upgrade the resource.
Currently, Lake Throssell has an Inferred Mineral Resource of 14.2 million tonnes of drainable SOP at 4,638 milligrams per litre potassium.
Trigg wants to upgrade the project to an Indicated Mineral Resource via surficial aquifer resource modelling.
Managing Director Keren Paterson said following today’s positive results, that work will begin.
“This is a another significant and encouraging milestone that provides further evidence that we have a very large and potentially company-making
asset at Lake Throssell,” Ms Paterson said.
“The lake trenching and test pumping program has delivered highly encouraging
results, providing invaluable data on the key characteristics of the surficial aquifer.
“Work is now underway on a maiden Indicated Resource, which represents a critical input to our ongoing Scoping Study work.”
Trigg Mining shares have ended Wednesday’s trading session up 3.41 per cent at 9.1 cents each.