Quarterly Activities/Appendix 5B Cash Flow Report

Open PDF
Stock Trek Metals Ltd (TKM.ASX)
Release Time 28 Jul 2026, 8:49 a.m.
Price Sensitive Yes
 Trek Metals Commences Drilling at Kuro Manganese Discovery
Key Points
  • Maiden RC drill program commenced at Kuro Manganese Discovery
  • Visual manganese logged in 63 of 72 holes completed
  • Initial assay results expected in early August
  • IP surveys show strong correlation with visual manganese intercepts
  • Tony Leibowitz retired as Chair, succeeded by Andrew Reece
Full Summary

Trek Metals Limited has commenced its maiden reverse circulation (RC) drilling program at the Kuro manganese discovery within the Christmas Creek Project in the Kimberley region of Western Australia. The 72-hole drilling program has successfully logged visual manganese mineralisation in 63 of the holes, indicating broad zones of mineralisation across multiple locations. The company has also conducted Induced Polarisation (IP) surveys, which have shown a strong correlation with the visual manganese intercepts, validating IP as an effective targeting methodology. Initial assay results are expected in early August, and the company has remobilised the IP survey crew to extend coverage to the southeast, east, and west of existing drilling. The RC drill rig is currently testing other targets, including a high-priority IP target at Coogan, and will return to Kuro for further drilling once all assay and IP results have been received and interpreted. Additionally, Trek Metals has secured two co-funded geophysical survey grants as part of the Western Australian Government's Exploration Incentive Scheme (EIS) for exploration at Christmas Creek. The company also announced a board succession, with Tony Leibowitz retiring as Chair and Director, succeeded by Andrew Reece, a significant shareholder who joined the board in 2025.

Guidance

Initial assay results expected in early August

Outlook

Trek Metals expects to receive initial assay results in early August, which will provide further insights into the potential of the Kuro manganese discovery.