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Trek Metals (ASX:TKM) launches maiden drilling program at Tambourah, WA

ASX News, Materials
ASX:TKM      MCAP $21.56M
26 June 2023 10:53 (AEST)

Drill rig on site at the Tambourah Lithium Project Source: Trek Metals

Trek Metals (TKM) has launched a maiden drilling program at its Tambourah lithium project in Western Australia’s Pilbara region.

The drilling is designed to test multiple spodumene-bearing pegmatite dykes identified last year, with high-grade lithium values in surface rock chip samples including 3.07 per cent lithium oxide and 2.69 per cent lithium oxide.

TKM CEO Derek Marshall said the start of the company’s first lithium-focused drill campaign marks an exciting milestone for Trek.

“It is the culmination of over a year of fieldwork in delineating what Trek believes is an exceptional greenfields lithium exploration opportunity at Tambourah.”

The program comprises 19 holes of reverse circulation drilling for a total of 3800 metres.

“It’s great to see the rig turning, testing beneath the high-grade rock chips we unearthed last year,” Mr Marshall said.

“The program has been designed to give us our first real look at the dimensions of the system at depth below the outcropping pegmatites, while also potentially helping us to vector into new discoveries at depth and under cover.”

The program is expected to last around one month, followed by a four-week wait for assays.

Should the exploration program have visible drilling success, Trek reported it is likely to extend the program, depending on drill rig availability.

“We have worked up and de-risked these exciting lithium targets – now it’s now time to let the drill rig to do the talking!” Mr Marshall expressed.

Trek Metals was up 1.32 per cent and trading at 7.7 cents at 10:53 am AEST.

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