Trek Metals Limited (ASX: TKM) has identified multiple high-priority base metal targets across its 100%-owned Pincunah Projectin the Pilbara region of WA following the completion of a highly successful maiden helicopter-borne electromagnetic (EM) survey.
The preliminary data and results interpreted from the high-resolution Xcite EM and magnetic survey have further reinforced the prospectivity of the Pincunah Project for significant new discoveries, particularly in light of recent encouragement from the emerging Valley of the Gossans VMS system.
Chief Executive, Derek Marshall, said the survey has defined 10 high priority zones with anomalous conductive responses that represent compelling volcanogenic massive sulphide (VMS) copper-zinc-lead (Cu- Zn-Pb), magmatic nickel-copper (Ni-Cu) and intrusive-related copper-gold (Cu-Au) targets.
We are very encouraged by the results of what is the first-ever EM survey to be conducted over this highly prospective and yet remarkably under- explored ground package at Pincunah. Preliminary results and interpretation have revealed a number of compelling base metal targets,” Mr Marshall said.
“The recently discovered copper-zinc mineralisation observed at Valley of the Gossans is typical of a VMS system and is related to massive sulphides. The best way to remotely detect massive sulphides is with EM, and utilising NRG’s Xcite system we have defined numerous conductive responses across the project area.
“Several of the targets are highly encouraging. One group (A) is located directly along strike from Valley of the Gossans, and another (B) consists of a strong bedrock response across four adjacent flight lines, outlining a very compelling VMS target extending over a strike length of 600m.
“We have secured a drill rig which is currently following up the highly encouraging base metal mineralisation defined in our maiden drilling at Valley of the Gossans earlier this year, plus we are testing a chargeability anomaly centrally located at the Valley of the Gossans drill area.
“A down-hole EM crew has also been locked in to conduct a maiden down-hole EM survey at Valley of the Gossans. With so many exploration activities advancing in parallel, this is an exciting time for Trek shareholders.”
Trek’s maiden drilling earlier this year delivered highly encouraging results at Valley of the Gossans (VOG), highlighting the potential for a large-scale VMS base metal system.
The current drilling programme comprises a programme of approximately 900m of Reverse Circulation drilling to test the recently defined base metal mineralised stratigraphy, as well as a chargeability anomaly detected in a ground Induced Polarisation survey.
Given the success of Trek’s previous soil sampling program in defining the significant multi-element anomaly that has proven to be related to a large VMS system, the company has decided to extend the soils coverage along strike to define the extent of the system.