Trigg Minerals Limited entered into a binding term sheet to acquire 90% stake in Four new tenements in northern Queensland from Boadicea Resources Ltd for AUD 0.32 million.

Trigg Minerals Limited is an Australia-based exploration and development company focused on gold and base metals exploration in the Drummond Basin and Charters Towers region of northern Queensland. The Company owns 100% of the Drummond epithermal gold project, which incorporates five granted exploration permits covering approximately 540 square kilometers (km2) in the Drummond Basin, over 150 kilometers (km) south of Townsville, Queensland. It also has a 90% interest in four new license areas comprising over 431km2 in northern Queensland. Clarke Reward (EPM27834) covers an area of 96km2 in Queensland’s Drummond Basin, and is 17km west of the Mt Coolon gold mine. Mt Carmel (EPM27991) covers over 118km2 of a highly anomalous magnetic feature in a structural position within Queensland’s Drummond Basin. West Ravenswood (EPM27752) covers over 117km2 southeast of Charters Towers in northern Queensland. It also owns the Lake Throssell sulfate of potash (SOP) project in Western Australia.