Trigg Minerals Ltd Launches Maiden Exploration in Utah’s Antimony Canyon to Expand Domestic Critical Antimony Supply and Drive Vertical Integration
Thursday, May 29, 2025
at
9:28 am
Trigg Minerals Ltd has kicked off its first exploration program in Utah’s historic Antimony Canyon. The company is targeting key antimony deposits and potential smelter sites, aiming to boost its domestic supply of this critical mineral and drive future growth in a vertically integrated supply chain.
Trigg Minerals Limited has initiated its inaugural exploration program at the Antimony Canyon Project in Utah, marking a significant step in the company’s strategy to secure a domestic, conflict‐free supply of antimony. The project, steeped in historical production and once pivotal during periods of geopolitical tension, includes several legacy mines such as Emma-Albion, Mammoth, and others. The fieldwork will involve broad site reconnaissance, detailed geological mapping, and systematic prospecting aimed at verifying historical mine workings and assessing the full potential of the mineralized zones.
The exploration initiative is designed to target both areas within established resource models and regions beyond them, with a focus on confirming and expanding the company’s historical records into a JORC 2012-compliant Mineral Resource Estimate. Trigg Minerals is also evaluating potential sites for smelter development, an integral part of its goal to become a vertically integrated supplier of antimony to the U.S. and the broader western economy. The company has mobilized its U.S.-based team and is engaging with relevant federal agencies to secure incentives for domestic critical mineral exploration and development. Additionally, a healthy balance sheet supports both the ongoing efforts at Antimony Canyon and adjacent projects, while divestment of non-core exploration ground is being explored to further bolster financial stability.
Investor sentiment may lean bullish due to the company’s proactive approach in tapping into historically proven mineral assets and the strategic emphasis on vertical integration and government-backed initiatives. The program’s potential to significantly enlarge the resource base, combined with strong financial positioning, may be viewed favorably by beginner traders. However, caution is warranted given the inherent risks associated with early-stage exploration and the uncertainty surrounding the conversion of historical data into current, compliant resource estimates. This dual perspective suggests that while the outlook is promising, measured attention to evolving results and external market factors will be essential.