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Trek Metals Ltd.

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Summary

Project:

Kroussou

Deposit:Dikaki
Location:Gabon
Commodities:Lead-Zinc
Date:8/28/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:28-8-2018: Trek Metals Ltd. announces an Exploration/Drilling Update report for its Dikaki deposit at the Kroussou project. Drilling results incl. 15.1m @ 2.6% Zn, 3.5% Pb from 0.7m. Trek is delighted to advise that it has now received the first assay res
Resources:x
CP/QP:[Overall Report]: Bradley Drabsch (Internal)
ABSTRACT:Trek is delighted to advise that it has now received the first assay results from the exploration drilling programme at its flagship Kroussou Project in Gabon (Figure 1). To date, approximately 90% of the planned 2,000m of diamond drilling has been completed, with the results discussed herein being the first to be returned. Holes DKDD010, DKDD012 and DKDD013 have highlighted the potential for a significant open‐pit discovery with results including 20.8m @ 4.2% zinc + lead (from 2.4m in DKDD010) including 4.7m @ 9.7% zinc + lead, 12.7m @ 4.6% zinc + lead (from 25.1m in DKDD012) including 3.5m @ 9.8% zinc + lead and 15.1m @ 6.1% zinc + lead (from 0.7m in DKDD013) including 6.0m @ 10.0% zinc + lead (Figures 2,3 and 4). Most importantly, these results demonstrate the continuity, both along strike and down‐dip, of the mineralisation at the Nzahou Target within the Dikaki channel. The mineralised zone remains open in both directions along strike and down‐dip. P a g e | 2 TKM recognised early on, that the historic work completed by the BRGM, being solely focussed on very shallow lead mineralisation, had the potential to significantly underestimate the zinc potential at Kroussou. Both drilling programmes now completed by Trek, have clearly demonstrated this. Mineralised widths are much broader than the selective sampling conducted by the BRGM indicated. The latest drilling has demonstrated that almost the entire package of channel sediments is mineralised with unconstrained intervals of 52.7m @ 1.46% zinc + lead and 68.8m @ 1.1% zinc + lead returned from holes DKDD011 and DKDD015 respectively. Drilling continues both within, and outside the Dikaki Channel, with holes completed within Bimbome, Bouambo East, Bouambo South and Niambokamba Channels. Initial geological observations from these holes are in line with expectations and TKM remains confident of the successful identification of several new mineralisation centres along the basin margin. The results from these holes will continue to be released as they are received over the coming weeks.

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