Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Trek Metals (TKM) confirms the potential for hard rock lithium mineralisation at its Tambourah tenement in the Pilbara region of Western Australia
  • The company detected multiple lithium-bearing pegmatite dykes from its recent field exploration, which was supported by historical assays
  • Trek has collected samples of the area and is awaiting assays
  • In the meantime, it will relocate its remote field camp to commence follow-up work and map out drill targets
  • Shares are trading 15.1 per cent higher today at 8.4 cents each at 12:18 pm AEST

Trek Metals (TKM) has confirmed the potential for hard rock lithium mineralisation at its Tambourah tenement in the Pilbara region of Western Australia.

The company found multiple lithium-bearing pegmatite dykes from its recent field exploration, which was supported by historical assays.

Also underpinning its interpretation was an extensive stream sediment anomalism coincident with the mapped pegmatites.

Trek has collected samples of the area and is awaiting assays.

In the meantime, it will relocate its remote field camp to commence follow-up work and map out drill targets.

Chief Executive Officer Derek Marshall is confident in this discovery.

“Given that the lithium potential of the Tambourah Project fits squarely with our battery metals focus we decided to prioritise follow-up work as part of our ongoing 2022 field season,” he said.

Shares were trading 15.1 per cent higher today at 8.4 cents each at 12:18 pm AEST.

TKM by the numbers
More From The Market Herald
Wagners (ASX:WGN) - CEO and Managing Director, Cameron Coleman

" Wagners (ASX:WGN) promotes CEO to Managing Director

Building materials company Wagners (ASX:WGN) appoints its current CEO to the board as Managing Director, effective…
The Market Herald Video

" Australasian Metals (ASX:A8G) identifies tantalum mineralisation at Barrow Creek

Australasian Metals (A8G) identifies high-grade tantalum and tin mineralisation at the Barrow Creek Lithium Project in…
The Market Herald Video

" DDH1 (ASX:DDH) launches share-buy back

DDH1 (ASX:DDH) has launched an on-market share buy-back program of up to 10 per cent of…
The Market Herald Video

" Centrex (ASX:CXM) subsidiary signs agreement for beneficiated phosphate trial shipment

Centrex's (ASX:CXM) subsidiary Agriflex has executed an agreement for a trial shipment of beneficiated phosphate with…