Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

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.