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ON-COUNTRY MEETING COMPLETED TO ADVANCE MCEWEN HILLS PROJECT


Strategically located tenement application in the West Arunta Critical Minerals Province contains similar geophysical signatures to WA1 Resources’ Niobium Project.

Highlights


  • On-country meeting completed with the Traditional Landowners at Nyirripi, in the Northern Territory.

  • The meeting is the first step in negotiating an access agreement and moving the tenure through to grant.

  • The application area is highly prospective for large-scale intrusion-related mineralisation.

  • ELA33191 is located along strike from WA1 Resources’ (ASX: WA1) high-grade Luni niobium-carbonatite discovery, within its West Arunta Project.

  • Recent discoveries by Encounter Resources (ASX: ENR) adjacent to WA1 indicate the prospectivity of the wider belt.

Trek Metals Limited (ASX: TKM) (“Trek” or the “Company”) is pleased to advise that it has attended an on-country meeting with the Traditional Owners of the land underlaying its tenement application ELA33191, located in the Northern Territory (Figures 1 and 2). This tenement forms the Company’s recently acquired McEwen Hills Project, located along strike from the world-class Luni niobium discovery of WA1 Resources (ASX: WA1).


Trek Metals CEO, Derek Marshall, said: “It is exciting to be in the Northern Territory to meet with the Traditional Owners of the land we wish to explore. This first meeting is an important step in the process of securing land access and embarking on exploring in this exciting frontier region.

“Trek intends to be active in this region for many years, and building a strong relationship with the Traditional Owners early will benefit all of us as we move forward. “Given that Newmont and other companies have conducted exploration in the region for nearly 20

years, we believe that the Traditional Owners understand what Trek is proposing. The recent meeting was well attended by the Traditional Owner group and allowed for good two-way engagement.

“Trek is optimistic of successful negotiations and achieving the timely grant of this highly prospective tenement. There is good understanding in the Northern Territory that the belt of rocks that hosts the numerous recently discovered carbonatites in Western Australia – including the incredible success of WA1 – continues across the border into the Northern Territory and remains acutely under-explored.

This is a huge opportunity for companies like Trek. “In anticipation of the grant of the tenement, Trek has made an application for co-funding assistance for a geophysical program over the tenement from the NT government under the Resourcing the Territory program.”


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