Caprice Resources (ASX: CRS)

Provided an update on its Phase 3 Reverse Circulation drill programme at the Island Gold Project.

The Company has received its first batch of Phase 3 assay results from New Orient and Vadrian’s, which represents 17 holes of the 43-hole Phase 3 Program, with assays for remaining 26 holes due to be received in coming weeks.

 

 

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	Caprice Resources	ASX: CRS
	Stage	Exploration
	Metals	Gold
	Market cap	A$31 million  @A$0.058 c
	Location	Western Australia
	Website	www.capriceresources.com/

 

 

 

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CAPRICE RESOURCES REPORTS EXCEPTIONAL HIGH-GRADE INTERCEPTS
AT THE ISLAND GOLD PROJECT

 

Caprice Resources Ltd (ASX: CRS) (Caprice or the Company) is pleased to provide an update on its Phase 3 Reverse Circulation (RC) drill programme at the Island Gold Project (IGP).

The Company has received its first batch of Phase 3 assay results from New Orient and Vadrian’s, which represents 17 holes of the 43-hole Phase 3 Program, with assays for remaining 26 holes due to be received in coming weeks.

 

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HIGHLIGHTS

• The first batch of phase 3 assays returned the best drill intercept to date of 11m at 17.3 g/t gold at Vadrian’s confirming the recent Evening Star1 discovery as a new high-grade lode, doubling the strike of the high-grade system to at least 350m and extending the mineralisation at depth where it remains open.
• Significant new high-grade gold intercepts at Vadrian’s include:
• 11m @ 17.3 g/t Au from 170m downhole in 25IGRC046, including:
▪ 9m @ 21.0 g/t Au from 170m downhole.
• 10m @ 11.7 g/t Au from 175m downhole in 25IGRC042, including:
▪ 8m @ 14.4 g/t Au from 176m downhole

• Gold mineralisation at Vadrian’s remains open in multiple directions – Further assay results expected in coming weeks.

 

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CEO, Luke Cox, commented:

“The Phase 3 RC drill programme has delivered one of our best Island Gold Project results to date, intersecting 11m at 17.3 g/t gold from 170m, highlighting the exceptional depth, width and grade expansion of the Vadrian’s gold deposit, noting that high-grade gold mineralisation remains open in all directions.

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“Drilling around New Orient also discovered significant new gold mineralisation 80m west of the main lode and confirmed the southern continuation of mineralisation under thin sediment cover which had not been previously drill tested, all leading the way for our next round of drilling.

 

“The focus is to deliver a significant maiden high-grade gold resource at Caprice’s Island Gold Project, which is strategically located between Ramelius Resources Ltd and Westgold Resources Ltd gold processing facilities in the highly prospective Murchison Goldfields district of Western Australia”.

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To read the full news release please click HERE

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.To View Caprice Resources’ historical news, please click here

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The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds shares in Caprice Resources

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Meeka Metals (ASX: MEK)

Announced that the first ore has been mined from the open pits at the Murchison Gold Project.

Open pit mining achieved a major milestone during April with first ore mined from the St Anne’s North open pit.

 

 

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	Meeka Metals	ASX: MEK
	Stage	Development, exploration
	Metals	Gold
	Market cap	A$401m   @  A$0.16
	Location	Near Kalgoorlie, Western Australia
	Website	https://meekametals.com.au

 

 

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Meeka Metals Murchison Development Update – April 2025

 

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Meeka Metals Limited (ASX: MEK) (“Meeka” or the “Company”) announces that the first ore has been mined from the open pits at the Murchison Gold Project.

First ore mined from the open pits at the Murchison Gold Project
(“Murchison”) as processing plant expansion works approach completion.

• Open pit mining achieved a major milestone during April with first ore mined
from the St Anne’s North open pit.
• Stockpiles of ore are now being built up on the ROM in preparation for process
plant commissioning in June 2025.
• Open pit mining also commenced at Turnberry Central during April, the
second of five Stage 1 high-grade oxide open pits to go into production.
• Strong progress continued to be made on the processing plant expansion with
major structural works completed, gold room upgrade well advanced and
electrical, air and water service installation progressed.
• Power station upgrade works commenced in April and will be completed in
the first week of May 2025.

 

 

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Commenting on the progress, Meeka’s Managing Director Tim Davidson said:

 

“We achieved an important milestone during April with the open pits producing first ore, which is being stockpiled in readiness for mill commissioning in June 2025.

 

“Open pit mining also commenced at Turnberry Central. This is the second of five Stage open pits to be mined concurrently to deliver consistent and surplus high-grade oxide ore for processing.”

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To read the full news release, please click HERE

 

To View Meeka Metal’s historical news, please click here

.

The live Spot gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds shares in Meeka Metals. 

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To read our full terms and conditions, please click HERE

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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

 

To View Meeka Metal’s historical news, please click here

.

The live Spot gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Meeka Metals. 

.

To read our full terms and conditions, please click HERE

.