Trigg Minerals (ASX:TMG) Launches UAV Geophysical Technologies
Innovative Exploration Initiative
Trigg Minerals Limited (ASX: TMG) is set to implement cutting-edge unmanned aerial vehicle (UAV) geophysical technologies, including Sub-Audio Magnetics (SAM) and Very Low Frequency (VLF) Electromagnetic (EM) methods. This initiative aims to meticulously map antimony-gold mineralisation in the Bielsdown Fault, enhancing the exploration strategy at the Achilles Project.
These advanced techniques mark the first application of modern technology at the Achilles site. The UAV surveys will facilitate the delineation of high-value mineral targets along the 6 km long captured mineralised fault. This approach will offset drilling costs by enabling precise targeting of mineralised zones, thereby reducing the need for exploratory drilling in less significant areas. According to Trigg, this advancement will accelerate project timelines and optimise resource allocation.
Upcoming Developments
The updated Mineral Resource Estimate (MRE) will incorporate significant data previously overlooked due to inefficiencies. The company is in the final stages of completing the JORC Restatement, with an anticipated announcement once completed. Data acquisition for the UAV surveys is projected to commence in early 2025, with preliminary results expected in the second quarter.
Executive Insights
Timothy Morrison, Executive Chairman of Trigg Minerals, expressed enthusiasm about the initiative: “This innovative application of UAV-based geophysical technologies underscores our commitment to leveraging advanced exploration methods while minimising our environmental impact. The Wild Cattle Creek deposit provides an excellent benchmark, and we are optimistic about the prospectivity of this region.”
Morrison and Chief Geologist Jonathan King plan to visit the Achilles Project to consult with Deputy Secretary Georgina Beattie, highlighting the company’s proactive engagement with regulatory bodies.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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