Trek Metals (ASX:TKM)
This junior exploration company has just acquired a highly promising West African lead and zinc project, leveraged to the strong demand and rising prices for these commodities.
The company has agreed to acquire 100% of the promising exploration project in Gabon — one of the most prosperous countries in Sub-Saharan Africa.
Gabon is a mining friendly jurisdiction that hosts abundant energy and mineral resources with indications of mineralisation everywhere that holds the potential for real scale, yet it remains largely untested.
This prospective yet underexplored geology boasts excellent historical datasets. And the project itself hosts significant potential for near surface mineralisation.
There are very real, large ore bodies and the company is conducting ground based geological testing in preparation for a drilling programme that’s due to begin later this quarter and continue into the second quarter of the year.
All this is backed by rising prices of both zinc and lead as the supply-demand equation is anticipated to continue to support the rising prices along with aspiring producers.
This lead and zinc project isn’t the extent of this company’s metals arsenal. It is exploring in other frontier locations with the aim of unlocking hidden value.
It has diversified portfolio of exploration projects in Africa and Australia’s Northern Territory, providing the company with exposure to various in-demand commodities including, copper, nickel, lithium and cobalt in addition to zinc and lead.
The information on this page should not be the only trigger for your investment decision. Click on the link below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.
Yet, it is the Gabon project which could be the most promising and as the company moves into the market at what looks to be just the right time.
Trek Metals Nabs Potential Zinc-Lead Behemoth: Drilling in Weeks
Apr 4, 2018
Having spent the past 12 months progressing exploration at the underexplored yet promising Kroussou Zinc-Lead Project as part of a JV, Trek Metals (ASX:TKM) is forging ahead with its zinc and lead ambitions.
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