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Trigg Mining Ltd. ( (AU:TMG) ) has provided an update.
Trigg Minerals Ltd has expanded its tungsten portfolio by securing claims in the historic Nightingale Tungsten District in Nevada, gaining control over a 3-mile mineralised trend of past-producing mines. This strategic move positions Trigg to develop a significant tungsten asset in the U.S., enhancing its industry positioning by establishing a domestic supply chain for this critical metal. The company is preparing for major drilling initiatives at its Tennessee Mountain Tungsten Project and Antimony Canyon Project, which could further define a substantial JORC-compliant resource, benefiting stakeholders by potentially increasing the company’s market value and operational capabilities.
More about Trigg Mining Ltd.
Trigg Minerals Ltd is a mining company focused on expanding its portfolio of high-grade tungsten projects. The company operates in the mining industry, with a primary focus on tungsten, a metal essential for military, aerospace, and high-tech sectors. Trigg aims to establish a stable, domestic supply chain for tungsten in the United States.
Average Trading Volume: 20,970,811
Technical Sentiment Signal: Buy
Current Market Cap: A$195M
Learn more about TMG stock on TipRanks’ Stock Analysis page.