Christmas tree concept
Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Trek Metals (ASX:TKM) has kicked off drilling for gold and rare earths on-site its project digs in the Kimberley region of WA.

The so-called Christmas Creek project will see an 8,000m RC drill run carried out over the coming days and weeks following the recent completion of pre-drill documents.

Multiple drill targets are to be tested in the coming weeks, including four high-priority gold targets and one rare earths target Trek is hopeful may contain niobium.

“The first holes are targeted at the Martin prospect, a large and well-defined gold target where previous drilling by Newmont returned significant high-grade intercepts,” Trek Metals CEO Derek Marshall said.

“The program will then advance to systematically test the Coogan, Zahn and Willis gold targets and the Zahn South Rare Earth target.

““Coogan is a large, well-defined gold mineralised system with only wide-spaced drilling completed previously … we are drilling the untested core of the system and stepping out to look for potential parallel structures.”

TKM last traded at 3.8cps.

TKM by the numbers
More From The Market Online
The Market Online Video

HotCopper Highlights, Week 50: 4DX above $2/sh, Nanoveu, Ovanti & more

Good Afternoon and welcome to HotCopper Highlights wrapping up Week 50 of the year, I’m Jon Davidson.

‘Potential is enormous’: GreenX likes what it’s found in Tannenberg, is activating acquisition option

GreenX Metals has activated an option to secure control of the Tannenberg Copper Project in Germany,…
The Market Online Video

ASX Market Open: Oz shares heading for W50 weekly gains with Friday rally | Dec 12

ASX today – The third-last week of CY25 may actually end on gains, with a late-on…

Listen: HotCopper Wire CY25 Wrapped – Looking back at Invictus, Kaili, DRO, and more

In the first half of the HotCopper Wire‘s CY25 end-of-year special, Isaac McIntyre and Jonathon Davidson look back over the year that was