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 49: ASX Ltd shoots itself in foot again, NextDC-OpenAI & more

Good afternoon and welcome to HotCopper Highlights, I’m Jon Davidson, in this segment we go through the most viewed and most discussed stocks
ASX concept

ASX announcement outage issue all sorted on Tuesday, but reputational damages remain

More pain for the listed equities in ASX Ltd (ASX:ASX), the share market operator itself, after a Monday morning
A HotCopper-branded graphic image which reads "Insider Trades: Key director trades to watch" in front of an ASX-themed image which has been faded.

Pantoro, WEB, Energy One: All the biggest ASX director trades from the last week

Welcome to HotCopper’s Director Trades column, where we take a look at all the most interesting director transactions from across the past week and break