Trek Metals Limited (ASX: TKM) is making waves in the gold exploration sector with its 100%-owned Christmas Creek Gold Project in Western Australia’s Kimberley region. Recent drilling and soil sampling results have elevated the Zahn and Coogan Prospects as high-priority targets, complementing the already high-grade Martin Prospect. With a focus on undercover exploration, Trek Metals is positioning itself as a key player in the hunt for the next major gold discovery.
Trek Metals’ Zahn Prospect at the Christmas Creek Gold Project in Western Australia’s Kimberley region has emerged as a standout target. Recent drilling revealed promising results, including 28 metres grading 0.18 grams per tonne of gold (g/t Au), with higher-grade zones such as 7 metres @ 0.35 g/t Au. Combined with reinterpreted magnetic data, these findings suggest Zahn shares geological traits with major orogenic gold camps. Antiformal structures adjacent to a large-scale shear further bolster its potential as a significant gold system. Zahn’s surface geochemistry has long been a focal point, representing the largest gold-in-soil anomaly at Christmas Creek. The recent drilling program confirmed low-level but significant gold mineralisation, with untested strike extents offering high-priority targets for future exploration. These results have elevated Zahn’s status, making it a key focus alongside the high-grade Martin Prospect.
Soil sampling at Christmas Creek has uncovered extensive gold anomalism at Zahn and Coogan, spanning multi-square-kilometre zones. These anomalies indicate large-scale mineral systems capable of significant gold accumulation. At Zahn, soil sampling revealed a new zone of anomalism to the north and north-east, targeted in the 2024 drill program. Coogan has shown multi-point lead-silver-zinc-copper-bismuth anomalism, potentially representing halos of undetected gold-copper mineralisation. These findings highlight the project’s untapped potential and provide a strong foundation for future drilling. While Zahn and Coogan are gaining attention, the Martin Prospect remains the star. Previous drilling intercepted high-grade gold, including 10 metres @ 12.66 g/t Au and 10 metres @ 7.34 g/t Au, solidifying its status as the top priority for the upcoming May drilling program. Martin’s success has set a high bar for Zahn and Coogan, with Trek Metals aiming to replicate this success across its pipeline. The company believes it is close to a significant greenfields discovery at Martin, with the upcoming program designed to further delineate high-grade zones.
Trek Metals’ exploration strategy leverages drilling results, soil sampling data, and magnetic reinterpretation to identify high-priority targets with precision. CEO Derek Marshall highlighted Zahn’s surface geochemistry and its potential to host a major gold system. Magnetic data reinterpretation revealed antiformal structures and large-scale shears, classic indicators of orogenic gold systems. These insights have refined drilling targets, with the upcoming May program aiming to unlock significant value. The Christmas Creek Project sits in the underexplored Kimberley region, a frontier for gold exploration. With strong gold prices and rising demand for new discoveries, Trek Metals is well-positioned to capitalise on this momentum. The project’s proximity to established infrastructure enhances its economic viability, making it a compelling prospect for investors.
The gold exploration sector in Western Australia remains robust, driven by a combination of favourable market conditions and technological advancements. Trek Metals’ progress at Christmas Creek positions it as a key contributor to the region’s exploration pipeline, with the potential to unlock significant value for shareholders. By leveraging advanced geological techniques and data interpretation, Trek Metals has identified high-priority targets with significant discovery potential. As the company prepares to resume drilling in May, all eyes will be on Christmas Creek, where the next major gold discovery could be just around the corner.
Trek Metals Limited is on the cusp of a potential breakthrough at its Christmas Creek Gold Project. With Zahn and Coogan joining Martin as high-priority targets, the company is building a robust exploration pipeline. The upcoming drilling program promises to deliver exciting results, reinforcing Trek Metals’ position as a rising star in Australia’s gold exploration sector. By leveraging advanced geological techniques and data interpretation, Trek Metals has identified high-priority targets with significant discovery potential. As the company prepares to resume drilling in May, all eyes will be on Christmas Creek, where the next major gold discovery could be just around the corner.
Chifley Tower, 2 Chifley Square,
Sydney NSW 2000
1300 854 151
© 2023 KOSEC | Kodari Securities Pty Ltd | ABN 90 147 963 755 | FSG | Terms & Conditions | Disclaimer & Legal
© 2023 KOSEC | Kodari Securities Pty Ltd
ABN 90 147 963 755
KOSEC - Kodari Securities does not provide any investment advice, nor is anything mentioned an offer to sell, or a solicitation of an offer to buy any security or other instrument. Anything discussed is for informational purposes only and does not address the circumstances or needs of any particular individual or entity. Investing in the stock market is high risk. Under no circumstances should investments be based solely on the information provided. We do not guarantee the security or completeness of information on this website and are not held liable. Kodari Securities PTY Ltd trading as KOSEC is a corporate authorized representative (AFSL no.246638) which is regulated by the Australian securities and investment commission (ASIC).