Latest Trek Metals (ASX:TKM) News

Trek Metals has won two co-funded geophysical grants under WA’s Exploration Incentive Scheme, advancing manganese and gold exploration at Christmas Creek with drilling set to start in May.

Trek Metals has confirmed exceptional manganese grades at its Kuro Prospect, secured expanded tenure, and completed a $15 million capital raise to fund maiden drilling starting May 2026.

Trek Metals has wrapped up the second tranche of its $15 million placement, issuing nearly 9.7 million shares to directors at 15 cents each after shareholder approval. The move bolsters the company’s capital ahead of its drilling campaign at the Kuro manganese prospect.

Critical minerals stole the spotlight as big project numbers, new processing results and fresh funding pushed several small caps sharply higher. A few capital raisings and legal headlines also hit hard, especially where early gains couldn’t hold.

A courtroom claim, a big feasibility study and a Greenland setback drove the week’s biggest share moves. Investors paid up for clearer funding and permits, but sold hard when project timelines looked shaky.

Trek Metals reports compelling petrophysical results at its Kuro manganese discovery, triggering a major Induced Polarisation survey and awarding a Reverse Circulation drilling contract to advance exploration.

Small caps stole the spotlight, with a handful of stocks doubling on deal news and early-stage project updates. Large miners were steadier, but even they couldn’t fully escape the week’s sharp gap moves.

Trek Metals has raised $15 million through a strongly supported share placement to fund a major drilling campaign at its promising Kuro manganese discovery in Western Australia’s Kimberley region.

Trek Metals has announced a breakthrough high-grade manganese discovery at its Christmas Creek Project in Western Australia, with rock chip assays reaching up to 60.1% manganese. A major drilling campaign is planned for early 2026 to explore the full potential of this promising find.

Trek Metals reports exceptional high-grade manganese rock chip assays up to 60.1% Mn at its Kuro Prospect, extending mineralisation over 750 metres and aligning with strong gravity anomalies. Drill preparations and heritage assessments are underway to unlock the discovery’s full potential.

Trek Metals has identified a significant high-grade manganese discovery at its Christmas Creek Project, supported by strong gravity anomalies indicating a large concealed mineralised system. Drill planning is underway to test these compelling targets.

Trek Metals has raised $1 million through a strategic placement to fast-track exploration at its Christmas Creek manganese project, with investor Andrew Reece committing $500,000 and joining the board.