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The Pincunah Project is located in the heart of the world class Pilbara mining district in Western Australia.

Soil sampling and drilling indicate the potential for a large-scale base metal system at Valley of the Gossans, aka VOG. 

Drilling in early 2024 targeted an interpreted epithermal gold system at Champagne Pool. 

The tenements also contain the Carlindi gold trend, interpreted to represent and extension of the gold mineralisation at Kairos' (ASX:KAI) Mt York gold deposit. 

Trek has been active at the Pincunah Project since 2020 with a drilling program completed in 2021 that highlighted the potential for a large-scale VMS base metal system (refer ASX: TKM 13th October 2021). The drilling at VOG intersected multiple horizons of mineralisation and alteration, with highly anomalous zinc, copper and silver, plus multiple pathfinder elements indicating a very fertile volcanic environment.

Subsequent to the drilling, Trek completed an airborne EM survey and extended surface geochemistry to cover the EM targets, with assay results confirming coincident EM and geochemical anomalies. The surface geochemistry results significantly upgrade the prospectivity of airborne EM conductive target ‘A’ (refer ASX: TKM 16th November 2021) as a compelling target along strike from the VOG discovery.

Ongoing analysis of the surface geochemistry over ‘Conductor A’ has revealed a more compelling target with the element association consistent with a low temperature epithermal ‘cap’, with the refined target at the prospect renamed ‘Champagne Pool’. Defined by the combination of Zn-Hg-Te- (Fe-In), with low level gold, the Champagne Pool target is a discrete bullseye target that covers an area of 750m x 200m, with a halo of Hg grading out to lower temperature antimony.

Trek drill tested Champagne Pool in Q2 2024. The results confirm that an active low temperature mineral system has operated within the bedrock at this location, although the recent drilling has not intersected any significant gold mineralisation. These systems are known to have sharp boundaries between gold bearing and barren mineralisation and the company is working on additional drill targeting. Refer ASX announcement via link below for additional information on the 2024 drilling: 