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Trek Metals Limited (ASX:TKM)

ALERT: Price-sensitive ASX Announcement for TKM
Current share price for TKM : $0.125 -0.05 (-28.57%)+
Announcement
Release
5 May 2026 9:02AM
Price at Release
$0.175
Full Release
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Summary
Trek Metals Limited, through its subsidiary Archer X Pty Ltd, has been awarded two co-funded geophysical grants under the Western Australian Government’s Exploration Incentive Scheme (EIS). These grants, amounting to up to $188K, are designated for manganese and gold exploration at the Christmas Creek project. The initiatives include ground gravity surveys to identify buried manganese mineralization at the Kuro Prospect and Sub-Audio Magnetics (SAM) to delineate structures controlling gold mineralization at the Martin Prospect. Trek has completed heritage surveys with the Yi-Martuwarra Ngurrara representatives and plans to commence drilling and geophysical activities in mid-late May. Additionally, Trek has strengthened its team by appointing Fred Paulus as Exploration Manager, enhancing its capabilities for the upcoming field season.
Key Points
  • Trek awarded two EIS co-funded geophysical grants for Christmas Creek.
  • Ground gravity survey to identify manganese at Kuro Prospect.
  • Sub-Audio Magnetics to study gold structures at Martin Prospect.
  • Heritage surveys completed with Yi-Martuwarra Ngurrara representatives.
  • Drilling and geophysical activities to begin in mid-late May.
  • Appointment of Fred Paulus as Exploration Manager.
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.