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Goldman Drilling at Martin Prospect reveals multiple high-grade zones, advancing potential for a major gold discovery
Trek Metals Limited (ASX: TKM) has reported high-grade gold intercepts from its maiden drilling program at the Martin Prospect within the Christmas Creek Gold and Rare Earth Element Project in Western Australia. Notable assay results include 10 metres at 12.66g/t Au from 59m depth and 10 metres at 7.34g/t Au from 94m depth, located close to a historical intercept of 2m at 9.65g/t Au by the previous operator, Newmont.
Drilling Highlights:
- 10m @ 12.66g/t Au from 59m, with 1m @ 32.6g/t Au and 3m @ 29.8g/t Au.
- 10m @ 7.34g/t Au from 94m, including 2m @ 31.1g/t Au and 1m @ 7.85g/t Au.
- Historic intercepts include 7m @ 4.9g/t Au from 24m and 2m @ 9.65g/t Au from 72m.
The recent Reverse Circulation (RC) drilling has outlined a robust gold mineralisation footprint measuring approximately 800m by 500m. Multi-element analysis identified two significant gold trends – one extending approximately 1km in a north-easterly orientation and the other about 1.5km to the south-east. These trends intersect at a high-grade target zone, strengthening the project’s prospectivity.
Further anomalous gold was also detected at the Zahn and Coogan prospects, with plans for follow-up exploration at Martin underway. The next phase may include down-hole televiewer and ground IP surveys, along with petrographic analysis, to refine target areas for future drilling.
Trek Metals CEO, Derek Marshall, said:
Given the wide-spaced and reconnaissance nature of our maiden drill program, we are very excited to have delivered such impressive results from Christmas Creek. The broad, high-grade intercepts at Martin confirm the potential for a significant orogenic gold system and, together with previously acquired data, have given us significant momentum towards unlocking what we believe could be a very significant greenfields gold discovery.
These results, combined with historical exploration data from Newmont, give us further important insights into the structure of the high-grade mineralisation, with our analysis suggesting a structural regime where the main mineralised trend/s may not have been effectively tested in the drilling completed to date, with significant upside interpreted both along strike and at depth.
We are now integrating this new drilling data into our structural models to help plan follow-up exploration, which will now likely include a combination of down-hole televiewer surveys and petrographic analysis ahead of drilling.
We are also excited about the greater potential of the project and have just received preliminary composite soil sampling data. We are now in the process of ranking target areas and choosing primary samples for analysis to generate the next round of greenfield drill targets in this extremely underexplored region of Western Australia.
