Meeka Gold (MEK) -
Meeka Gold Murchison Project
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Meeka Gold (ASX:MEK) has reported broad zones of gold mineralisation at its Turnberry South prospect in the Murchison region of Western Australia
  • Samples for 36 holes targeting Turnberry remain untested
  • Latest drilling results confirm continuity of eastern zone of mineralisation at depth
  • Meeka Gold was down 2.44 per cent at $0.04 per share at Tuesday’s close

Meeka Gold (ASX:MEK) has reported broad zones of gold mineralisation at its Turnberry South prospect in the Murchison region of Western Australia.

The company’s phase 2 drilling program targeted a high-grade zone of mineralisation at Turnberry South, directly below the planned open pit outlined in the Meeka’s 2021 Murchison Gold Project Scoping Study which proposed an initial 443,000 ounce production plan.

Initial results include 13m @ 2.18g/t gold from 219m, including 4m @ 3.87g/t. The company says samples for 36 holes remain outstanding due to an industry wide issue with assay turnaround times.

Meeka Gold CEO Tim Davidson said drilling would be ongoing during 2022 and the company looked forward to updating shareholders over the coming months.

The latest drilling results confirm the continuity of the eastern zone of mineralisation at depth.

“We have strong conviction that the Fairway trend, which extends over 5km from
Turnberry to St Anne’s, is a large mineralised system that has yet to reveal its true
endowment,” said Mr Davidson.

“Our team has started to demonstrate this, and pleasingly the results
released in this announcement support this view, confirming thick, high-grade
mineralisation at depth below the planned open pit at Turnberry South.”

Diamond drilling was paused over Christmas and recommences today to test the depth potential of the high-grade zone.

Meeka Gold was down 2.44 per cent at $0.04 per share at Tuesday’s close.

MEK by the numbers
More From The Market Herald

" Latrobe Magnesium (ASX:LMG) progresses namesake plant in Q4

Latrobe Magnesium (ASX:LMG) progressed its namesake magnesium project in the December quarter.

" Live Verdure (ASX:LV1) partners with TruLife for US distribution

Food, skincare and nutraceutical company Live Verdure (ASX:LV1) has entered a non-executive national sales and distribution…
SECOS Group (ASX:SES) - CEO, Ian Stacey

" SECOS (ASX:SES) launches MyEcoBag and MyEcoPet through Pacchini

Sustainable packaging company, SECOS (ASX:SES) has launched MyEcoBag and MyEcoPet through Pacchini Sales and Distribution to…

" Solis Minerals (ASX:SLM) kicks off drilling at Mostazal copper project

Newly listed Solis Minerals (ASX:SLM) has hit the ground at its Mostazal copper project in Chile…