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- Meeka Metals (MEK) flags “exceptionally” high-grade gold results from a recent drilling program at the St Anne’s prospect within its Murchison gold project in WA
- The company says assays from 38 holes drilled in the area show broad zones of high-grade gold at the northern end of St Anne’s
- Managing Director Tim Davidson says these zones of shallow gold continue to demonstrate the exceptional growth opportunity across the Murchison project
- The company is expecting further results in the coming weeks, with assays still pending for another 3614 metres of drilling at St Anne’s
- Shares in Meeka Metals are up 38 per cent and trading at 6.9 cents at 11:48 am AEST
Meeka Metals (MEK) has flagged “exceptionally” high-grade gold results from a recent drilling program at the St Anne’s prospect within its Murchison gold project in WA.
The company today reported assays from 38 holes drilled in the area and said the new results showed broad zones of high-grade gold at the northern end of St Anne’s.
Some of the best results include a 32-metre intersection at 16.07 grams per tonne (g/t) gold from 48 metres, including 16 metres at 28.59 g/t gold, in one hole and a 20-metre intersection at 20.74 g/t gold from 48 metres, including 16 metres at 24.86 g/t gold in another.
Meeka said it observed strong geological continuity between these two holes.
Further, new intersections from outside the high-grade quartz lode included four metres at 1.91 g/t gold from 52 metres and four metres at 1.16 g/t gold from 56 metres.
Meeka Managing Director Tim Davidson said the broad zones of shallow gold continued to demonstrate the “exceptional growth opportunity” at Murchison.
“Pleasingly, these results also demonstrate the significant high-grade potential as we continue to grow the footprint of this large gold system,” Mr Davidson said.
“Drilling is continuing at St Anne’s, targeting the largely untested central area immediately
along strike and to the south of these exceptional high-grade results.”
Meeka said further drilling results were expected in the coming weeks, with assays pending for another 3614 metres of drilling completed at the prospect.
Meeka confirmed St Anne’s was yet to be included in the current Murchison project mineral resource, which the company plans to update in the December quarter.
Shares in Meeka Metals were up 38 per cent and trading at 6.9 cents at 11:48 am AEST.
