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
Monument in Mombasa, Kenya

ILuka, RareX join consortium to develop Kenyan REE project

RareX Ltd has formed a consortium with Iluka Resources Ltd for the intended acquisition and development…
A nurse in blue gloves treating a person's foot

Recce adds 20 more people to trial for R327G foot gel

Recce Pharmaceuticals Ltd has received Human Ethics Approval to add 20 more patients with diabetic foot…
Thief concept

Lindian catches two mysterious Chinese geos stealing samples in case echoing Cassius Mining

In a case that echoes Cassius Mining's gold theft debacle, Lindian has accused two Chinese nationals…
HotCopper Daily Market Trends Graphic

Tuesday’s HotCopper Trends: Errawarra advances, Iluka-RareX collab | April 22, 2025

The ASX200 has been flat, down 0.1% at 7,812 points in early afternoon trades.