TKM trek metals limited

Trek Metals brings in another drill rig to dive deeper at Christmas Creek

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    Trek Metals brings in another drill rig to dive deeper at Christmas Creek

    Trek Metals (ASX:TKM) is expanding operations at its Christmas Creek Gold Project in the Kimberley, bringing in another contractor to undertake diamond core drilling alongside the explorer’s ongoing RC drill program.

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    The explorer has been working at Christmas Creek since 2024, and while it’s spotted several “large-scale” targets, Trek believes there’s more to find down deeper.

    “The securing of this second rig to undertake diamond drilling at Christmas Creek represents an exciting milestone, providing the opportunity to get down deeper in the system and obtain a much clearer picture of the geology and structural controls of the gold mineralisation,” Trek’s CEO, Derek Marshall, explained.

    Most of the focus for this expanded drilling program, which is to be helmed by contractor DDH1 Drilling, will be around the company’s Martin Prospect area.

    Trek will get its hands on the new rig in early July and plans to start right away.

    These drilling expansion plans won’t impact Trek’s already-running RC program that’s been running since early June either; that is still firing away beneath and along strike at the Martin Prospect, at time of writing.

    Trek has been working on several intercepts already picked up in drill-hole 24XRC097, including 10 metres at 12.66 grams per tonne gold from 59 metres.

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    The overall objective at the Martin Prospect now, Mr Marshall explained, is to “delineate what we believe to be a significant stacked high-grade vein system.”

    As for how long all that will take to be in shareholders’ hands, he said: “The RC drilling is ongoing… we expect to test several prospects [soon]. We look forward to seeing what the current round of drilling reveals, with the first round of assay results expected to be reported to the market in coming weeks.”

    TKM closed at 8.2cps on Tuesday before this latest drilling news.

    The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please clickhere.

 
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