Meeka Discovers a New High-Grade Gold Zone
Meeka Metals (ASX: MEK)
Reported assays from a new zone of shallow high-grade gold on the western side of Turnberry South at the Murchison.
Highlights included 21m @ 5.13g/t Au from 51m including 5m @ 15.65g/t gold,
18m @ 3.61g/t Au from 83m including 4m @ 10.85g/t Au.
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| Meeka Metals | ASX: MEK | |
| Stage | Development, exploration | |
| Metals | Gold | |
| Market cap | A$325m @ A$0.13 | |
| Location | Near Kalgoorlie, Western Australia | |
| Website | https://meekametals.com.au |
ASX Announcement
7 March 2025
Meeka Metals Discovers a New Shallow High-Grade Gold Zone at Turnberry
South
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Meeka Metals Limited (ASX: MEK) (“Meeka” or the “Company”) is pleased to report assays from a new zone of shallow high-grade gold on the western side of Turnberry South at the Murchison.
Assays from the new gold zone include:
• 21m @ 5.13g/t Au from 51m including 5m @ 15.65g/t Au (25TBGC012)
• 18m @ 3.61g/t Au from 83m including 4m @ 10.85g/t Au (25TBGC011)
• 11m @ 4.04g/t
A new shallow high-grade gold zone has been intersected on the western side
of Turnberry South and is likely to drive an expanded oxide open pit.
• Assays from the new zone of shallow high-grade gold include:
o 21m @ 5.13g/t Au from 51m including 5m @ 15.65g/t Au (25TBGC012)
o 18m @ 3.61g/t Au from 83m including 4m @ 10.85g/t Au (25TBGC011)
o 11m @ 4.04g/t Au from 52m including 1m @ 22.50g/t Au and 2m @ 7.46g/t
Au (25TBGC010)
o 12m @ 1.81g/t Au from 38m including 1m @ 10.80g/t Au (25TBGC019)
o 14m @ 1.43g/t Au from 37m including 1m @ 4.40g/t Au (25TBGC013)
o 6m @ 2.03g/t Au from 52m including 1m @ 5.41g/t Au (25TBGC011)
o 7m @ 1.51g/t Au from 99m including 1m @ 8.34g/t Au (25TBGC007)
• This new zone of gold sits to the west of the current Turnberry South stage 1
oxide pit design.
The shallow high-grade gold is likely to result in an expansion of the Turnberry South stage 1 open pit with commensurate improvement in mining economics.
• RC drilling remains ongoing at the Murchison Gold Project (“Murchison”) with
further drilling along strike and up-dip of these new high-grade results to
ensure inclusion in an updated stage 1 pit design.
• Open pit mining commenced ahead of schedule in February 2025 at St Anne’s
with first ore expected in April 2025.
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Commenting on the drilling, Meeka’s Managing Director Tim Davidson said:
“We had not previously intersected this high-grade gold zone on the western side of Turnberry South due to the orientation of prior drilling.
“We are now prioritising drill delineation along strike to incorporate into an expanded grade control model and updated stage 1 open pit design.”
Open pit mining underway ahead of schedule at St Anne’s North.
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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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