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ASX listing

Trigg-ered

Trigg managing director Keren paterson hopes to produce
POs have been barren on the ASX this year and while the path Sop sustainably through solar evaporation of potassium-rich
Ito market was not easy, Trigg Mining Ltd announced itself on the hypersaline brine water, without the need for large open
bourse in early October. pits or waste rock dumps
Trigg has been planning to bring the SoP vehicle to market for
some time and its presence comes at an exciting moment in the
sector.
The likes of Kalium Lakes Ltd, which has the Beyondie SoP
project in the Pilbara under construction, Danakali Ltd (Colluli in
Eritrea) and Salt Lake Potash Ltd (Goldfields salt lake project) are Exploring
receiving strong market support with each finalising big debt facil-
ities in August, suggesting a growing appetite for potash players. together for success
“The sector is maturing very fast and it is quite a new sector in
Australia, with the likes of Kalium Lakes progressing very quickly
and now in construction phase. It is very exciting for the sector,”
Trigg managing director Keren Paterson told Paydirt.
“It is quite exciting that we are one of the very few [IPOs in
2019] so far and probably the only non-metalliferous one [listing].”
Trigg’s $4.5 million at 20c/share IPO was largely taken up by
Australian investors and the agriculture community. The interest
shown by agricultural machinery suppliers, broadacre farmers
and horticulturalists indicates a desire to lessen Australia’s reli-
ance on imported potassium fertilisers.
Trigg is hoping to be part of Australia’s sustainable agricultural
future through the exploration and development of SoP projects
at Laverton Links and Lake Throssel, Western Australia, which
cover 2,640sq km of granted tenure containing over 400sq km Established in 1993 Bostech Drilling has successfully
of salt lake playas and 300km of ancient undergound rivers pro- completed exploration and mining projects across
spective for SoP. Australia and overseas.
Lake Throssel is near Australian Potash Ltd’s Lake Wells (DFS Whether it be the Deserts of central Australia or the
completed and final investment decision pending), Salt Lake’s Forests of South Western Australia Bostech can assist
Lake Way and Kalium Lakes’ Lake Carnegie projects. you with your drilling requirements.
Trigg’s immediate focus at Lake Throssel is completing a herit-
age survey and initial in-pit sampling. Industry leaders in:
Meanwhile, primary activities at Laverton Links will be expand- RAB/Aircore - GradeControl - Reverse Circulation
ing the exploration target and gathering more data, as Trigg aims Complex Remote Exploration - Zero Impact & Tight Access
to develop a resource at the project.
29a Clayton St, Bellevue WA 6056
– Mark Andrews e: admin@bostech.com.au w: www.bostech.com.au 08 9250 4252

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