Stocks of the Hour: Australian Rare Earths, Burley Minerals, Trigg Minerals
A snapshot of the stocks on the move, featuring Australian Rare Earths (ASX:AR3), Burley Minerals (ASX:BUR) and Trigg Minerals (ASX:TMG).
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Trigg Minerals Limited is an ASX-listed exploration and development company focused on gold and base metals exploration in the Drummond Basin and Charters Towers region of Far North Queensland.
Trigg owns 100% of the Drummond epithermal gold project and has entered into binding agreements to acquire 90% of the Clarke Reward and Mt Carmel projects in the Drummond Basin and 90% of the West Ravenswood and Bosworth projects in the Charters Towers region, which are located on the northern perimeter of the Drummond Basin region.
Drummond Basin and Charters Towers regions are highly prospective for epithermal and intrusive-related gold mineralisation.
Trigg also owns the Lake Throssell sulphate of potash (SOP) project in Western Australia. Trigg has strategically focused on solving critical technical roadblocks to SOP processing. If successful, current testwork will expand to building a demonstration-scale plant. The strategic value of solving pre-processing salt homogeneity issues has the potential to unlock the value of existing production processes and resolve the recovery issues that have hindered the SOP industry. The success of this innovative processing technology will potentially open the value of the Lake Throssell project and will possibly reignite the SOP industry as a whole.
The Company has considerable resource industry experience across all disciplines and key areas, and it intends to manage its growth to ensure cost-effective leadership and deliver maximum value.
A snapshot of the stocks on the move, featuring Australian Rare Earths (ASX:AR3), Burley Minerals (ASX:BUR) and Trigg Minerals (ASX:TMG).
WATCH VIDEOA snapshot of the stocks on the move, featuring Australian Rare Earths (ASX:AR3), Burley Minerals (ASX:BUR) and Trigg Minerals (ASX:TMG).
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Trigg Minerals (ASX:TMG), an Australian potash explorer, has released its Quarterly Activities Report for the period ending 30 June 2023, highlighting significant developments in its Lake Throssell Sulphate of Potash Project in Western Australia and corporate restructuring measures.
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Trigg Minerals Limited (ASX:TMG) Managing Director Keren Paterson discusses the company's latest assay results and its new technology for producing sulphate of potash.
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Keren Paterson - Managing Director & CEO - Trigg Minerals Limited is exploring for the essential potassium mineral fertiliser, sulphate of potash or potassium sulphate, which provides necessary nutrients for agricultural production and human nutrition.
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In all the hype the ongoing shift to renewable energy has created, potash has somewhat flown under the radar. What is it, and why is it important? Well, we’re glad you asked.
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