Join our daily newsletter At The Bell to receive exclusive market insights
- Trek Metals (TKM) has identified several new gold-copper-arsenic and multi-element anomalies at its Pincunah Gold and Copper Project in WA
- In April, the company completed a 1218 soil and rock chip sampling program and has so far received 70 per cent of the results
- So far, up to 18 per cent copper, 0.5 per cent nickel and 69g/t silver has been intercepted
- Furthermore, the results have extended the two-kilometre-long Valley of the Gossan anomaly to the west-northwest
- Trek will now undertake a drilling program across eight high-priority targets with work set to begin in June
- Shares in Trek are up a healthy 8.82 per cent on the market and are trading at 7.4 cents
Trek Metals (TKM) has identified several new gold-copper-arsenic and multi-element anomalies at its Pincunah Gold and Copper Project.
The Pincunah Project lies in the Pilbara region of Western Australia, 120 kilometres south of Port Headland.
In April, Trek completed an 1186 soil and 32 rock chip sampling program and has so far received 70 per cent of the results.
Of the results received so far, several have returned high copper and base metal levels with up to 18 per cent copper, 0.5 per cent nickel and 69g/t silver intercepted.
Furthermore, the results have extended the two-kilometre-long Valley of the Gossan anomaly to the west-northwest.
Trek will now undertake a drilling program across eight high-priority targets with work set to begin in June.
A minimum of 4000 metres will be completed by Orlando Drilling.
“These encouraging new soil and rock sampling results have further reinforced the prospectivity of the Pincunah Project and helped refine our selection of priority drill targets,” Executive Director John Young commented.
“With a number of high-quality targets now defined, we look forward to our maiden drilling program which is scheduled to begin later this month with a minimum of 4000 metres of drilling planned across eight highly prospective targets,” he added.
Shares in Trek are up a healthy 8.82 per cent on the market and are trading at 7.4 cents at 1:58 pm AEST.
