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Trek Metals Limited (ASX:TKM)

ALERT: Price-sensitive ASX Announcement for TKM
Current share price for TKM : $0.053 -0.072 (-57.60%)+
Announcement
Release
6 Jul 2026 9:33AM
Price at Release
$0.125
Full Release
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Summary
Trek Metals Limited announced ongoing successful drilling activities at the Kuro manganese discovery, with significant new zones of visual manganese mineralisation identified. Multiple Reverse Circulation (RC) drill holes targeting IP chargeability anomalies confirmed the effectiveness of this targeting method. Significant findings include 11 meters of massive manganese in drill hole 26XCRC018 and 10 meters in 26XCRC020. The company plans to continue IP surveying in nearby areas and has dispatched the first batch of drill samples for laboratory analysis, with results expected within weeks. Visual estimates of mineralisation are cautioned as not a substitute for lab analysis, and further drilling is underway to assess manganese distribution across the prospect.
Key Points
  • Significant manganese mineralisation intersected in multiple drill holes at Kuro.
  • Validation of Induced Polarisation (IP) as an effective targeting method.
  • Drill holes 26XCRC018, 26XCRC020, and 26XCRC016 showed substantial manganese zones.
  • Moombarriga IP crew re-mobilised for further surveying.
  • First batch of drill samples sent for laboratory analysis with results expected in 3-5 weeks.
  • Further drilling required to assess manganese distribution at Kuro.
  • Drilling is ongoing, with continued exploration planned.
  • Data from recent IP surveys indicate potential for further mineralisation.
  • Caution regarding visual estimates of mineral abundance; laboratory analyses required.
  • Drilling highlights include massive manganese chips and semi-massive manganese in various drill holes.
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.