Trigg Mining Ltd (ASX:TMG) managing director Keren Paterson has demonstrated her confidence in the companys sulphate of potash (SOP) strategy with an on-market share purchase.
On June 2, Paterson acquired 52,000 shares in a direct interest.
She now holds 52,000 fully paid ordinary shares in that direct interest and another 1.45 million loan shares in the same interest, which were acquired under a Loan Funded Plan.
The MD also holds 2.498 million shares in an indirect interest.
Shares last traded at 8 cents and since the close on April 1 have traded in the range from 2 cents to 8.7 cents.
Road sealing boost[hhmc]
Last week Trigg received an infrastructure boost for its Lake Throssell SOP Project in WA with a joint State and Federal government program to seal a 41-kilometre section of the Great Central Road.
The road is a key arterial route that runs from Leonora and Laverton towards Trigg's high-grade project and the $20 million road sealing contract will assist in future project development.
This work is expected to improve project access and future logistics in terms of the transport of people, equipment, materials and product to and from the project.
Travel restrictions eased[hhmc]
The WA Government also announced a further phased lifting of intrastate travel restrictions which is expected to clear the way for the resumption of field activities and for the companys maiden exploration aircore drilling program to begin next quarter.
SOP targets defined[hhmc]
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