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- Meeka Metals (MEK) hits thick zones of gold at its St Anne’s prospect within its Murchison project in Western Australia
- Shallow aircore drilling completed last month returned a peak intersection of 32 metres grading 2.2 grams of gold per tonne (g/t) from 48 metres downhole
- The gold mineralisation at St Annes spans over a one-kilometre strike length, within a seven-kilometre gold shear system that also hosts the Turnberry gold deposit
- The mineralisation remains open and further drilling will test extensions to the north and south, with results expected in the coming weeks
- Company shares have ended the day 3.77 per cent in the red at 5.1 cents
Meeka Metals (MEK) has hit thick zones of gold at its St Anne’s prospect within its Murchison project in Western Australia.
Shallow aircore drilling completed last month has returned a peak intersection of 32 metres grading 2.2 grams per tonne (g/t) gold from 48 metres downhole which included 20 metres grading 3.3 g/t gold.
The results build on drilling completed earlier this year which returned up to 20.3 g/t gold over a four-metre interval.
The gold mineralisation is now confirmed to span over a one-kilometre strike length, within a seven-kilometre gold shear system.
This system also hosts the Turnberry gold deposit, 3.5 kilometres north of St Anne’s where the company last week announced gold was intersected in a previously untested area to the north of the resource area.
Meeka Managing Director Tim Davidson said the persistent shallow and high-grade assays present an “exceptional” opportunity for growth.
“Results are showing St Anne’s has good geological and grade continuity and drilling continues to expand the footprint of this high-grade system,” he said.
The mineralisation at St Annes remains open and drilling will now test extensions to the north and south. MEK hopes to report results from this work in the coming weeks.
Results from St Annes will be incorporated into a mineral resource update in the second half of this year.
Company shares were trading 3.77 per cent in the red at 5.1 cents at market close.
