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Trek Metals (ASX: $TKM) set to drill champagne pool epithermal gold target

Trek Metals' 2024 Exploration Field Season Commencement


Trek Metals Limited (ASX: $TKM) is about to commence its 2024 exploration field season with a maiden drilling program at the Champagne Pool epithermal gold prospect within the Pincunah Project in Western Australia. The drilling is planned to commence in the coming weeks, following the completion of earthmoving and the securing of a drill contractor.

Executive Commentary on Champagne Pool Drilling


Trek Metals' CEO Derek Marshall expressed excitement about the imminent commencement of drilling at Champagne Pool, marking the start of a gold-dominated exploration field season in 2024. He highlighted the identification of a very promising new gold opportunity along the same geological horizon as the Valley of the Gossans (VOG) prospect, indicating the preservation of the entire epithermal gold system at Champagne Pool. Marshall also expressed anticipation for the upcoming drill program and extended best wishes to the TKM team and shareholders for this exciting endeavor.

Summary of Champagne Pool Drilling and Outlook


Trek Metals is gearing up to initiate a drill program at the Champagne Pool epithermal gold prospect, with the aim of testing beneath the coincident geochemical/geophysical anomaly and confirming the epithermal gold mineralization model. The company's CEO, Derek Marshall, expressed optimism about the potential of this new discovery and the preservation of the entire epithermal gold system at Champagne Pool. The identification of a compelling drill target and the resemblance to well-known deposits like the Pueblo Viejo deposit in the Dominican Republic provide an encouraging outlook for Trek Metals' exploration efforts. The upcoming drilling program represents a significant milestone in the company's 2024 exploration field season, signaling a focus on gold exploration and the pursuit of valuable mineralization opportunities within the Pilbara region of Western Australia.

TREK METALS LIMITED
TKM | ASX | Materials
0.0350.003(+9.38%)
At close 05/07 (AEDT)
Market cap
$16.4M
Volume
769,061
DY Yield
0
PE Ratio
0
52 Week Range
0.026 - 0.12
1YR Return
-70.833%

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