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Trek Metals Limited (ASX:TKM)

ALERT: Price-sensitive ASX Announcement for TKM
Current share price for TKM : $0.095 -0.06 (-38.71%)+
Announcement
Release
30 Mar 2026 8:43AM
Price at Release
$0.155
Full Release
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Summary
Trek Metals Limited has announced significant progress in their exploration activities at the Kuro Prospect, part of their Christmas Creek Project in Western Australia. A major Induced Polarisation (IP) survey is planned, following encouraging petrophysical results from rock chip samples, which suggest strong IP responses from high-grade manganese mineralisation. The survey aims to identify extensions of the mineralised system, with a two-stage IP program including Gradient Array and Dipole-Dipole techniques. Additionally, the company has awarded a Reverse Circulation (RC) drilling contract to Precision Exploration Drilling, targeting extensions of high-grade mineralisation identified through ground gravity surveys. This drilling is expected to commence in April-May 2026, subject to weather and heritage clearances. These initiatives are part of Trek's strategy to rapidly advance the Kuro Prospect, supported by recent capital raising efforts.
Key Points
  • Major IP survey planned at Kuro after petrophysical testing.
  • Petrophysical results show strong IP response for manganese.
  • RC drilling contract awarded to Precision Exploration Drilling.
  • Drilling to commence April-May 2026, pending conditions.
  • Kuro Prospect located in Christmas Creek Project, Western Australia.
  • High-grade manganese assays of up to 60.1% Mn reported.
  • Two-stage IP survey includes Gradient Array and Dipole-Dipole methods.
  • Trek Metals is fully funded for the next phase of exploration.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.