Meeka finds high-grade zones of gold at Murchison as open-pit plan gets going

The Market Herald
03-27

Meeka Metals (ASX:MEK) has intersected thick zones of gold grading nearly three grams per tonne at the Turnberry deposit of its Murchison Gold Project in Western Australia.

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Infill and extensional drilling at Turnberry Central picked a top intercept of 36 metres at 2.82 g/t Au, and thick mineralisation was also revealed through 20-metre plus intercepts like 36 metres at 2.82g/t Au from 89 metres, including 10 metres at 4.67g/t Au and 11 metres at 3.85g/t Au in one hole, and 24 metres at 1.89g/t Au from 46m including 11 metres at 2.67g/t Au in another.

There was also a series of shallow intercepts grading strongly, with these including 6m at 8.80g/t Au from 15m including 1m at 44.80g/t Au in one hole; and 12m at 2.68g/t Au from 71m including 6m at 4.12g/t Au in another.

Meeka is working towards stage one of open pit mining from Murchison, with reverse circulation (RC) drilling continuing ahead of this.

Managing director Tim Davidson said the results would provide strong underpinning for the production plans. “These broad zones of shallow high-grade gold will support high productivity, low-cost open pit mining.”

“Open pit mining continues to ramp up with the mining fleet currently operating atSt Anne’s,” Meeka’s MD added.

“Activities will expand further in the coming weeks with work commencing atTurnberry, initially at Turnberry South then moving to Turnberry Central, where these drillresults are from.”

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The first ore from the open pits is to be mined in April 2025, with Meeka undertaking a cluster of development activities in the lead-up. Completed activities include the installation of a haul road between the open pit and processing plant and the installation of an accommodation village.

Meeka has been trading at 13.5 cents.

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