Meeka Metals (ASX: MEK)
Reported further high-grade assays from ongoing drilling at Turnberry, ahead of mining in the March 2025 quarter.
Highlights included 10m @ 15.71g/t Au from 114m including 1m @ 34.70g/t Au and 1m @ 113.00g/t Au and 10m @ 9.81g/t Au from 130m which ended in mineralisation.
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| Meeka Metals | ASX: MEK |
| Stage | Development, exploration |
| Metals | Gold |
| Market cap | A$248m @ A$0.97 |
| Location | Near Kalgoorlie, Western Australia |
| Website | https://meekametals.com.au |
ASX Announcement
16 January 2025
Meeka Metals Limited (ASX: MEK) (“Meeka” or the “Company”) is pleased to report further high-grade assays from ongoing drilling at Turnberry, ahead of mining in the March 2025 quarter.
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New results from Turnberry include:
• 10m @ 15.71g/t Au from 114m including 1m @ 34.70g/t Au and 1m @ 113.00g/t Au
(24TBGC053)
• 10m @ 9.81g/t Au from 130m including 1m @ 86.50g/t Au (24TBGC038) – hole
ends in mineralisation
• 13m @ 6.76g/t Au from 42m including 1m @ 10.10g/t Au and 1m @ 70.80g/t Au
(24TBGC034)
10m @ 15.71g/t Au – High-Grade Gold Continues at the Murchison
Drilling at Turnberry, part of the Murchison Gold Project (“Murchison”),
continues to intersect thick zones of high-grade gold, including a new gold
zone below the Stage 1 open pit.
RC drilling is ongoing at the Murchison where new results from Turnberry
include:
o 10m @ 15.71g/t Au from 114m including 1m @ 34.70g/t Au and
1m @ 113.00g/t Au (24TBGC053)
o 10m @ 9.81g/t Au from 130m including 1m @ 86.50g/t Au (24TBGC038) –
hole ends in mineralisation
o 13m @ 6.76g/t Au from 42m including 1m @ 10.10g/t Au and 1m @ 70.80g/t
Au (24TBGC034)
• Holes 24TBGC0034, 48, 53 and 64 were extended beyond the open pit shell and
have intersected a new gold zone on the western side of Turnberry South.
• Assays have now been received for 78 of the 145 holes drilled to December 2024
RC drilling will continue through the March 2025 quarter at both Turnberry and
St Anne’s.
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Commenting on the drilling, Meeka’s Managing Director Tim Davidson said:
“It is pleasing to see thick zones of consistent, high-grade gold at Turnberry following the bonanza gold grades, exceeding two ounces per tonne, that we reported at St Anne’s last week.
“The results continue to highlight the strong production these open pits will deliver in the coming months as we commence mining.
“We are also starting to see a new gold zone, with grades over an ounce per tonne, outside and to the west of the Stage 1 Turnberry South open pit. A total of 4 holes reported in this release intersected this new western zone.
“Further assays are expected in January 2025 from the remaining 67 holes drilled during the December 2024 quarter.
“Drilling remains ongoing and results from 2025 drilling are expected in the March 2025 quarter.”
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To read the full news release, please click HERE
The live Spot gold price can be found HERE
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Disclosure
At the time of writing the author holds shares in Meeka Metals.
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