Trigg Mining in strong position to advance Lake Throssell as potash prices climb

Trigg Mining (ASX: TMG) managing director Keren Paterson joins Small Caps to discuss the latest news in the development of its flagship Lake Throssell sulphate of potash (SOP) project in Western Australia.

Lake Throssell is a large, high-grade deposit estimated to hold a total drainable mineral resource of 14.4 million tonnes at 10.4 kilograms per cubic metre of potassium sulphate.

It also has an additional exploration target of 2.6-9.4Mt at 9.5-10kg/m3 potassium sulphate.

Trigg recently reported a positive March quarter underpinned by a $4 million capital raising to fund the next stages of a pre-feasibility study at Lake Throssell as well as initial exploration activities further south at Lake Yeo.

The company’s latest financial results have placed it in its strongest funding position since its IPO in 2019, providing a clear pathway for development against a backdrop of growing potash prices due to recent European sanctions.

Article:
https://smallcaps.com.au/trigg-mining-posts-strong-quarter-progress-lake-throssell-sop-project/

For more information on Trigg Mining:
https://smallcaps.com.au/stocks/TMG/

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