A 38 year old Newstead man and a 26 year old Mowbray woman remain in custody assisting police following a major police operation in Launceston yesterday targeting drug trafficking.

A 28 year old Kings Meadows man was charged with minor drug offences and will appear in the Launceston Magistrates Court at a later date.

About 60 members of Northern Drug Investigation Services and CIB, supported by general and specialist police including drug detection dogs, simultaneously executed a number of search warrants at a number of addresses in the Launceston area yesterday.

Today, police continued to search a number of residences and business premises in the Launceston area.

Significant seizures have been made as a result of the ongoing investigation. This includes:

• Traffickable quantity of drugs, including ICE, heroin, MDMA and cannabis
• More than $150,000 in cash
• Taser weapons

The searches relate to an extensive ongoing investigation targeting the organised trafficking of illicit drugs including crystal methylamphetamine (ICE) in Tasmania.

Investigations and searches of the properties are continuing. Anyone with information about drug crime should call police on 131444 or report anonymously to Crime Stoppers on 1800 333 000 or crimestopperstas.com.au