Trigg Minerals Limited (Trigg, Trigg Minerals, ASX: TMG) is an Australian exploration company focused on high-grade antimony and gold, primarily in New South Wales. As of 4 February 2025, its share price was AUD 0.053. The company is expanding its strategic footprint, adding to its antimony assets at Wild Cattle Creek, Taylors Arm, and Spartan, targeting critical mineral supply amid rising global demand.
Bukkulla Acquisition Enhances Trigg’s High-Grade Antimony Strategy
The acquisition of the Bukkulla Mine and surrounding tenements significantly strengthens Trigg Minerals’ antimony portfolio, adding to its presence in one of Australia’s most prospective critical mineral regions. Bukkulla’s historical production grades exceeding 25%
Sb, alongside recent sampling results of ~23% Sb, confirm its potential as a high-grade, strategic asset. The mine’s proximity to Trigg’s existing projects enhances operational synergies, increasing its total NSW footprint to 1,026 km².
With no modern exploration conducted on Bukkulla, the asset presents a compelling growth opportunity, particularly in a market where antimony supply is increasingly constrained. Trigg’s focus will be on unlocking new high-grade mineralisation through advanced exploration techniques, positioning the project for potential resource expansion and economic assessment.
Nundle Goldfield Extension Unlocks Underexplored High-Grade Potential
The inclusion of the northern extension of the Nundle Goldfield adds a highly prospective exploration target to Trigg’s portfolio. The area, historically one of NSW’s most productive gold regions, also hosts multiple past-producing antimony mines, reinforcing its potential for high-grade antimony-gold mineralisation. Despite its rich mining history, the region has never been subjected to modern exploration techniques, presenting a significant upside for new discoveries.
The geological setting mirrors other high-grade antimony deposits, including the successful Hillgrove project in NSW, where antimony is commonly associated with gold. Trigg will focus on structural mapping and high-priority drilling to assess the economic potential of these underexplored extensions. Success here could further expand Trigg’s resource base, supporting a long-term growth strategy in the critical minerals space.
Trigg’s Exploration Plan Aims to Fast-Track Resource Definition
Trigg is executing a systematic exploration strategy to advance the Bukkulla and Nundle assets towards JORC-compliant resource classification. The company plans to implement high-resolution geophysical surveys, geochemical sampling, and targeted drilling programs to identify extensions of known high-grade mineralisation. With favourable metallurgy and high antimony grades already confirmed, Trigg’s focus will be on defining economic resources and accelerating the project development timeline.
Given the significant demand for domestic antimony supply, Trigg’s ability to rapidly advance high-grade assets could strengthen its position as a key supplier in the global critical minerals market.
Trigg Leverages Market Timing Amid Rising Antimony Demand
Trigg’s expansion into high-grade antimony assets aligns with a tightening global supply chain, as China currently dominates over 80% of antimony production. The growing need for secure, ethically sourced antimony for battery technologies, semiconductors, and military applications makes Australian deposits increasingly valuable. With commodity analysts predicting further price increases, Trigg is well-placed to benefit from this structural market shift.
Looking ahead, Trigg’s success will hinge on proving up additional high-grade resources, securing potential offtake agreements, and positioning itself as a long-term player in the critical minerals sector. As exploration results unfold, investor interest in strategically located, high-grade critical mineral assets is likely to increase, further enhancing Trigg’s growth potential.