A drainable inferred mineral resource of 6 Mt SOP at 5080mg/l SOP has been estimated based on results from Trigg’s exploration drilling, auger sampling and historical drill traverses. The total contained brine 25 Mt SOP is provided for peer comparisons.
The maiden Inferred mineral resource represents the mid-point of the company’s previously published exploration target for the Lake Rason Project and has been achieved within less than five months of the company’s AUS$4.5 million IPO and ASX listing in October last year.
The company has also announced that planning has commenced for an initial air-core drilling programme to map and sample the underlying palaeochannel at its recent high-grade SOP discovery at Lake Throssell.
Auger sampling completed at Lake Throssell towards the end of last year indicated very high SOP grades of up to 14 800mg/l SOP. The Lake Throssell SOP project area covers approximately 752 km2 and it is prospective for SOP mineralisation with a 106 km trend.
Trigg Mining’s Managing Director, Keren Paterson, said: “In just five months since listing Trigg Mining on the ASX, we’ve achieved the first major milestone in the development of our portfolio of SOP projects near Laverton in Western Australia with the announcement of an inaugural Inferred mineral source at Lake Rason. This demonstrates the excellent potential of our SOP projects and provides a solid platform for us to evaluate the broader potential of a new SOP production hub centred on our Lake Throssell discovery with Lake Rason likely to become a satellite or feeder project to what appears to be the higher-grade proposition at Lake Throssell to the north.
To that end, we are currently preparing for a major new air-core drilling programme to further evaluate the Lake Throssell project, with drilling targeted to commence next quarter. We look forward to providing further information on the upcoming drilling programme in the near future.”