- Meeka Metals (MEK) confirms high-grade gold mineralisation at the St Anne’s prospect within its WA Murchison gold project through recent diamond drilling
- The diamond drilling struck up to 8.2 grams per tonne (g/t) gold over a two-metre interval within a wider hit of 7.8 metres at 2.69 g/t gold
- Meeka says the new assay results support mineral resource modelling for St Anne’s and confirm high-grade reverse circulation and aircore gold hits from 2022
- Meanwhile, results from metallurgical tests completed in 2022 show average gold recoveries of 98 per cent from the St Anne’s area
- MEK shares are up 5 per cent and trading at 4.2 cents at 1:32 pm AEDT
Meeka Metals (MEK) has confirmed high-grade gold mineralisation at the St Anne’s prospect within its WA Murchison gold project through recent diamond drilling.
The diamond drilling struck up to 8.2 grams per tonne (g/t) gold over a two-metre interval within a wider hit of 7.8 metres at 2.69 g/t gold from 50 metres deep. Other results include 20.7 metres at 3.29 g/t gold from 54.3 metres, with this hit including a 12.8-metre zone at 5.21 g/t gold.
MEK said the new assays confirmed high-grade hits from RC and air-core drilling completed in 2022, even after accounting for four metres of core loss.
“This drilling completed to support the St Anne’s Mineral Resource comminution testwork and geotechnical evaluation for open-pit design has confirmed the high-grade nature of the mineralisation,” Meeka Managing director Tim Davidson said.
“These high grades were evident even after accounting for between 0.7 metres
and four metres of core loss, which is assigned zero gold grade when calculating the broader mineralised intercept.”
Meanwhile, Meeka said metallurgical test work conducted in December 2022 averaged a 98 per cent gold recovery.
MEK’s upcoming drilling work, set to begin in the coming weeks, will target gold-arsenic anomalies to the north and south of the existing 0.7-million-ounce mineral resource of the Fairway shear zone, which is home to St Anne’s.
The company said its initial mineral resource for St Anne’s remained on target for the March 2023 quarter.
Ninety per cent of the Gnaweeda greenstone belt area has not been tested nor drilled since vertical reconnaissance drilling in the 1990s and 2000s.
MEK shares were up 5 per cent and trading at 4.2 cents at 1:32 pm AEDT.