NSW Government Approves Licence Transfer for Trigg’s Wild Cattle Creek Antimony Deposit

Trigg Minerals Limited (ASX: TMG| OTCQB: TMGLF) ("Trigg" or the "Company") is pleased to announce it has received approval from the NSW Government for the transfer of Exploration Licence 6388 (“the Tenement”) to Trigg. This approval marks a significant milestone for Trigg, enabling the Company to advance exploration and development of the 29.9kt Wild Cattle Creek antimony deposit, a key asset within its Achilles Project in northern NSW. The approval also facilitates the registration of the licence transfer under section 122(4) of the Mining Act 1992, a critical final step that allows Trigg to formally execute access applications with various landholders. As the Mining Act requires land access arrangements to be made by the registered holder of an Exploration Licence, securing this approval within a short timeframe positions Trigg to swiftly implement several access agreements and exploration strategies across the Tenement.

HIGHLIGHTS

• The NSW Government has approved the transfer of Exploration Licence 6388 (the Achilles Project) to Trigg Minerals, securing ownership of the high-grade, high-tonnage Wild Cattle Creek antimony deposit (WCC).
• Registration of Trigg as the licence holder is the crucial final step in enabling the company to commence formal and legal applications for access and exploration activities. Under the Mining Act (1992), access applications cannot be submitted until ownership has been officially transferred and granted.
• In anticipation of the transfer, Trigg has progressed in preliminary access discussions with landowners within the Tenement area. Now that the transfer has been granted, Trigg is confident that these discussions can be consummated expediently.
• Trigg’s Achilles Project also features substantial Crown Land tenure, that includes several historic antimony mines along the Bielsdown Fault that hosts the WCC deposit.
• Trigg’s review of historical exploration data beyond the Wild Cattle Creek Deposit reinforces the view that the Bielsdown Fault and its subsidiary structures are mineralised along much of their 6km fault length within the tenement, providing a wealth of opportunity.
• While awaiting regulatory approval for the WCC licence transfer, Trigg has achieved several key milestones:
  • Expanded its portfolio by acquiring additional highly prospective, historically producing antimony tenements. TMG has established itself as one of the largest Tier 1 antimony tenure holders globally, backed by past commercial mining activity.
  • Strengthened its financial position by raising over A$8 million, ensuring a robust balance sheet to advance WCC as first priority while simultaneously advancing exploration on other high- potential antimony tenements.
  • Designed a comprehensive drill program targeting priority areas to grow the mineral resource base at WCC.
  • Enhanced its leadership team by appointing Andre Boozyen, a highly experienced antimony executive and former Mandalay VP, to the board.
  • Successfully listed on the US OTCQB market, expanding access to international investors.
  • Become the first ASX Listed company accepted into the International Antimony Organisation (i2a)
  • Upgraded and reinstated the WCC MRE¹ to 1.52Mt at 1.97% Sb, maintaining a high 1% cut-off grade, positioning it as one of the highest-grade and only primary antimony deposits in the Western world. As confirmed by historical drilling, the deposit also has potential tungsten credits and remains open along strike, down plunge and down-dip.

These achievements position Trigg as a leader in the antimony sector, with a strong foundation for future growth.

Trigg has completed land identification searches for the entire Tenement area and is now finalising land access applications throughout the Tenement footprint in accordance with the Mining Act 1992.

In anticipation of transfer approval, Trigg proactively engaged in negotiations with key landowners and is now finalising agreements for access to privately owned land parcels within the Tenement.

In addition, Trigg is finalising applications for permits with the relevant controlling bodies of Crown Land, including the Forestry Corporation NSW, one of the largest landholders within the Tenement area. With these preparations complete, Trigg is now positioned to execute multiple distinct access applications across the Tenement.

Trigg extends its appreciation to the NSW Government, particularly the Department of Regional Development and Primary Industries, for approving the transfer within the requisite timeframe.

Executive Chairman Timothy Morrison said, “The approval marks an important next step in developing the Wild Cattle Creek deposit. I am particularly pleased that the NSW Government has moved quickly to affect the transfer. This confirms that both the state and federal governments recognise the strategic importance of the project.

Having commenced discussions with landowners, with the transfer now granted, we are confident that these negotiations can be consummated expeditiously. We look forward to continuing to work closely with the Department and relevant agencies as we finalise access arrangements across the Licence area.

I would also like to commend the Trigg team for not wasting any time expanding the Wild Cattle Creek resource while the Government process completed, having achieved a long list of items to help us expedite our progress and strengthen our position as an emerging antimony-focused explorer.”

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