Meeka Metals Ltd (ASX:MEK) has hit “exceptionally high-grade gold” at the St Anne’s target, part of the wholly-owned Murchison Gold Project in WA.
Some of the best intersections include:
- 32 metres at 16.07 g/t gold from 48 metres, including 16 metres at 28.59 g/t; and
- 20 metres at 20.74 g/t from 48 metres, including 16 metres at 24.86 g/t.
What’s more, Meeka has observed strong geological continuity in surrounding holes to the south, although assays for these holes remain pending.
Drilling to date has intersected thick zones of quartz veining, which hosts the exceptionally high grades and coarse nuggety gold along the prospective St Anne’s area.
With results for another 3,600 metres of drilling to come back from the lab, St Anne’s is yet to be included in the Murchison mineral resource, meaning there’s scope to incorporate the gold ore in an update later this year.
St Anne’s got “high-grade potential”
Commenting on these results, Meeka managing director Tim Davidson said: “The broad zones of shallow gold prevalent at St Anne’s continue to demonstrate the exceptional growth opportunity at our Murchison Gold Project.
“Pleasingly, these results also demonstrate the significant high-grade potential as we continue to grow the footprint of this large gold system.
“Drilling is continuing at St Anne’s targeting the largely untested central area immediately along strike and to the south of these exceptional high-grade results.
“We are also working toward the inclusion of St Anne’s in our next mineral resource update, targeted for the December 2022 quarter.”
Shallow drilling continues across St Anne’s, targeting the prospect’s central zone. Further results are expected in the coming weeks.