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Trek Metals Ltd.
Summary
| Project: | Kroussou | |
|---|---|---|
| Deposit: | Kroussou | |
| Location: | Gabon | |
| Commodities: | Lead-Zinc | |
| Date: | 10/23/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-10-2018: Trek Metals Ltd. announces an Exploration/Drilling Update report for its Kroussou deposit at the Kroussou project. Drilling results incl. 7.8m @ 1.1% Zn, 1.4% Pb from 33.0m. Trek Metals Limited (“Trek” or the “Company”) (ASX:TKM) is p | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bradley Drabsch (Internal) | |
| ABSTRACT: | Trek Metals Limited (“Trek” or the “Company”) (ASX:TKM) is pleased to present further highly encouraging results from the recent drilling completed at its flagship Kroussou Project in Gabon (Figure 1) (“Kroussou”). These latest drill results continue to demonstrate the presence of highly significant, sulphide dominated zinc‐lead mineralisation that has been intersected at or very near to surface, and offers potentially very large scale, open pitable ore systems. affirms the Company’s belief that there is potential for Kroussou to host several large deposits within multiple channels contained within the project area. Assays from the remaining holes into the Bouambo South channel are expected to be received in the coming weeks. Key to the potential of the Kroussou Project, is understanding the very large scale and the broad nature of the anomalism and mineralisation that is present in the channels along the basin margin. These windows into the basin present, in themselves, very large tonnage targets with the volume of rock present in the broader basin to the west, offering an opportunity for the discovery of potentially super‐ giant base metal deposits. Trek has clearly demonstrated with the limited drilling undertaken to date, that the mineralising system is in the order of several tens of kilometres long and present within vast thicknesses of the sediment pile, providing all the ingredients for a very significant orebody to have developed under the right conditions. Further results from the remainder of the recently completed drilling programme are anticipated in the coming weeks. TKM’s Managing Director Bradley Drabsch commented: “The latest results continue to validate our exploration approach and signal that we are genuinely onto an ore forming system of significance that could produce numerous, very large mineralised bodies located at or very close to the surface. Dominated by sulphide ore minerals, these deposits would potentially be very easy to mine and process and present real company‐making opportunities. We have yet to explore the broader basin to the west, which is potentially where even larger, even more significant mineralisation could be hidden under cover.” | |
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