Trek Metals Secures farm-in with Buxton Resources for Centurion Project
- Trek Metals (TKM) secures a farm-in deal with Buxton Resources to earn a majority stake in the Centurion Project
- The Centurion Project is located 400 kilometres south of Halls Creek in the Great Sandy Desert region of Western Australia
- According to Trek, the project presents a “compelling” iron oxide copper gold (IOCG) opportunity in a frontier mineral province
- Over two stages, Trek needs to spend at least $3.5M on exploration within three years to earn a 75 percent interest in the Centurion Project
- Trek shares are trading 9.86 percent higher at 7.8 cents and Buxton shares are also up 4.76 percent to trade at 11 cents
