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Meeka Metals Ltd (ASX:MEK) has today reported a suite of strong gold assays from drilling at its Murchison gold project in Western Australian, including 16 metres at 9.45 grams per tonne (g/t) of gold.
The drilling – which is reverse circulation – focused specifically on St Anne’s, with high-grade intersections found in the prospect’s northern extension, such as eight metres at 11.83g/t of gold from 51 metres including six metres at 15.28g/t; and six metres at 2.72g/t Au from 45 metres including one metre at 10.65g/t Au.
High-grade gold had also previously been reported in this targeted area in January; these results represent an extension of the latter.
“The assays continue to demonstrate thick zones of high-grade gold and confirm the base
case production plan from the open pits and point to potential upside in this plan,” Managing Director Tim Davidson said.
“The high-grade assays from the northern extension of St Anne’s are of particular interest. They are in the same orientation as hole 24SAGC002 (from January 8) which intersected some of the best gold we have drilled at St Anne’s.”
“This north-western trend remains open to the north and has not previously been
tested by drilling,” he added.
Company shares moved up on Meeka’s news, and at 10:24 AEDT, they were trading at 12.5 cents – a rise of 4.17% since the market opened.
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