Highlights
- Zahn and Coogan prospects identified as significant large-scale targets after detailed assays.
- Christmas Creek in WA shows potential for becoming a major orogenic gold camp.
- Martin prospect prioritizes high-grade gold targets, with further exploration planned by May 2025.
Recent in-depth assays of individual metres from drilling have elevated the potential of the Zahn and Coogan prospects as significant, broad-scale targets within Trek Metals’ core Christmas Creek project in Western Australia. This discovery, notable in itself, gains additional significance as previous exploratory efforts into Zahn, the largest gold-in-soil anomaly in the area, had yielded limited results prior to the drilling conducted in 2024.
Drilling revealed several crucial, albeit low-grade, intersections at Zahn, peaking at 28m grading 0.18g/t gold from a 20m down-hole depth, including 7m at 0.35g/t starting from 26m (indicated by drill hole 24XCRC074). Coupled with a fresh analysis of magnetic data, Trek Metals (ASX:TKM) reports that these results underscore Zahn's alignment with typical geological hallmarks of a significant orogenic gold region, featuring antiformal structures adjacent to an extensive shear.
Crucially, the major intersections are suspected to be linked with magnetic dolerite units, which remain largely unexamined. These formations define crucial targets for forthcoming drills. This reinforces the company's confidence in the potential of Christmas Creek in the Kimberley region, which captured significant attention last year following impressive yields of 10m at 12.66g/t gold from 59m and 10m at 7.34g/t gold from 94m at the Martin prospect, hinting at a noteworthy greenfields gold discovery.
The analysis also strengthens the status of Coogan, another broad-scale soil anomaly that has exhibited significant low-grade anomalies in past drillings. The highlighted plan view of the Zahn prospect indicates key zones, drilling data with notable intercepts, and select soil samples exceeding 5ppb gold, as presented by Trek Metals.
"In addition to the high-priority gold targets at the Martin prospect, which is nearing a significant discovery, the refined targets at Zahn present a large-scale, crucial exploration opportunity for the upcoming field program," stated chief executive Derek Marshall. "The surface geochemistry of Zahn has always been prominent within the Christmas Creek Project, and these latest results are a pivotal advancement towards understanding the gold-in-soil findings."
Extensive project-wide soil geochemical data analysis uncovered two multi-kilometre scale targets within Christmas Creek, likely linked to substantial mineral systems capable of fostering notable metal accumulation. Drilling will commence at Christmas Creek as soon as possible, focusing on these large, high-priority targets.
In moving forward, Trek Metals emphasizes the Martin prospect, with the next phase of exploration including an evaluation of Zahn and Coogan. Identified through a new interpretation, these structures are linked to mineralised dolerite contacts adjacent to a significant regional structure, with one intersection in drill hole 24XCRC074 associated with a dolerite contact that remains untested for nearly 800m towards this structure.