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Trek Metals on track to start zinc drilling in June


Published 01-MAY-2018 12:36 P.M.


2 minute read

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Following 12 months of exploration, Trek Metals (ASX:TKM) is now preparing to commence its maiden exploration drilling programme during June 2018 in Gabon.

The company has undergone a program of constant re‐interpretation and re‐examination of historic data and combined with its own exploration, has found excellent opportunities for an open pit zinc and lead discovery.

“It was obvious during my recent site visit to Kroussou that the guys have been working extremely hard in preparation for drilling, following unavoidable delays due to rain, and continue to unlock the historic data package to assist with our drill targeting,” Trek's Managing Director Bradley Drabsch said. “The Nzahou target is a prime example of where BRGM has left us a great opportunity to quickly piece together a significant zinc‐lead resource at Kroussou.”

Examples from drilling the Nzahou target have found the following:

  • 8.2m @ 7.7% Zn + Pb from 13.6m in DK040 (Hist)
  • 16.0m @ 4.3% Zn + Pb from 11.0m in DKDD001 (TKM)
  • 12.5m @ 6.2% Zn + Pb from 3.9m in DK156 (Hist)
  • 15.8m @ 3.3% Zn + Pb from 19.1m in DKDD008 (TKM)

This target remains open down-dip and along strike towards TKM’s Mgene target to the west and the Mbome target to the east.

Each target is considered to have excellent potential.

It should be noted that TKM is an early stage play and anything can happen, so seek professional financial advice if considering this stock for your portfolio.

TKM will build on BRGM’s past exploration in the knowledge that historical drilling only targeted the delineation of lead deposits within the top 20 metres of surface and gave little attention to the zinc potential, nor the depth potential of the numerous significant zones of mineralisation that were discovered.

The figure below shows historic drilling conducted by BRGM was limited to very shallow holes and their interest in lead mineralisation.

Kroussou drilling map

The down‐dip potential of the mineralisation at Nzahou was not investigated or was not encountered due to the shallowness of the drilling. A more in-depth analysis of Kroussou can be found in the Next Mining Boom (a related entity of S3 Consortium) article Trek Metals Nabs Potential Zinc-Lead Behemoth: Drilling in Weeks.

Trek has shown that with complete hole assaying, the metal content is far greater than that indicated by the BRGM work. This is evidenced by TKM’s drillhole, DKDD001, indicating a much broader zone of mineralisation than suggested by the historic drilling.

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S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.

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