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Trek Metals Limited (ASX:TKM)

ALERT: Price-sensitive ASX Announcement for TKM
Current share price for TKM : $0.115 -0.01 (-8%)+
Announcement
Release
23 Jul 2026 8:45AM
Price at Release
$0.125
Full Release
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Summary
Trek Metals Limited has announced the completion of additional reverse circulation (RC) drilling at the Kuro manganese discovery, resulting in significant visual manganese intersections in 43 out of 51 holes. The drilling mainly targeted IP chargeability anomalies, proving effective even beneath shallow sand cover where surface indications were absent. The correlation between IP chargeability and visual manganese provides a practical exploration method for the basin. While assay results are pending, further IP surveys are underway to explore potential mineralisation pods akin to the Woodie Woodie style, with additional drilling planned to test regional targets.
Key Points
  • 51 additional RC holes have been completed targeting IP chargeability anomalies.
  • Significant visual manganese intersected in 43 of 51 holes.
  • IP chargeability and visual manganese correlation is strong.
  • Drilling beneath shallow sand cover with no surface indication.
  • Focus on discovering multiple pods of mineralisation.
  • Laboratory assays expected shortly.
  • IP survey crew continuing detailed surveying across new areas.
  • Testing of soil anomalies for REE, gold, and copper-gold ongoing.
  • Future work includes continued RC drilling and IP surveying.
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.