Trek Metals Limited (ASX: TKM) has unveiled the initial potential of its 100%-owned Pincunah Gold and Copper Project in the Pilbara region of Western Australia.
Executive Director, John Young, said the maiden Reverse Circulation drilling programme has delivered highly encouraging initial results, highlighting the potential for a large-scale VMS base metal system at Valley of the Gossans (VOG) prospect.
The drilling programme covered an extensive multi-element anomaly at VOG extending over a strike length of more than 2km, with a total of 13 holes for 2,662m of RC drilling completed. The drill rig, supplied by Orlando Drilling, then moved north-west to the Carlindi Prospect where a further eight holes were drilled for 1,054m, for a total of 3,716m.
Drill-holes VRC005 and VRC006 targeted a prospect called “The Gap” at VOG, located just 150m east of the IP target defined during the last field programme. A number of holes returned elevated levels of copper, zinc and arsenic from portable-XRF data (pXRF), with 4.0m composite samples and 1.0m split samples now submitted for gold and base metal assay. The samples will be sent to a commercial laboratory for gold and base metal assay.
The elevated copper values (pXRF) intersected in drill holes VRC001 to VRC013 lie both within and close to the sediment/ultramafic contact. PVC006 also intersected a 10m wide zone of semi-massive pyrite from 220-230m within or adjacent to the ultramafic just 100m east of to the VOG IP anomaly.
Executive Director, John Young, said the results from the maiden drill programme have been pleasing to date.
“The key takeaway for investors is that we now have enough evidence to be very confident that the Valley of the Gossans Project is likely to be large-scale VMS copper-zinc base metal system with an extensive footprint that extends over 2km.
“The geological similarities to the Sulphur Springs Project, located 30km to the east, which is currently being developed by Venturex Resources, are striking and show that we are in the right sort of environment to make a significant VMS-style base metal discovery.
“It’s not often that you see copper-zinc mineralisation as widespread as we have seen at the Valley of the Gossans. This is further supported by the strong correlation between our soil surveys conducted earlier this year and these drilling results.
“VMS deposits often have a relatively small footprint, so the next step is to focus in within the broad anomalous zone on potential accumulations of massive sulphide mineralisation. We will do this by undertaking down-hole EM surveys from the recent drill-holes to help us target VMS mineralisation at depth and along strike. This work will commence in the coming weeks and should provide us with targets to be tested with diamond drilling.”