Meeka Metals fires off more strong gold results as its Murchison gold project nears development-ready status

Meeka Metals receives more open pit infill results from drilling at the Turnberry deposit
The results expand the broad zones of high-grade gold in the Murchison project mineral resource
Development approval documentation is proceeding to plan with submission scheduled for this month

Special Report: Meeka Metals continues to tick off open pit infill drilling and final development approvals as it pushes the 1.2Moz Murchison gold project closer to development-ready status.

Meeka (ASX:MEK) is reeling in more high-grade gold assays from infill drilling carried out on the shallow Turnberry deposit at the Murchison gold project in WA.

Since the release of a robust feasibility study in July, MEK has been steaming ahead with drilling around the periphery of the open pit designs at Turnberry, as well as the infill holes punched into the high-grade St Anne’s discovery.

These latest results are from a further 18 holes in a drilling program that continues to demonstrate the continuity of mineralisation, as MEK looks to upgrade or expand the current 685,000oz at 2g/t gold resource at Turnberry.

Plan showing new Turnberry drill hole collar locations. Pic via MEK

New gold hits up to 26.1g/t

New oxide gold assays received from this drilling program include:

18m at 2.21 g/t gold from 60m, including 4m at 6.80 g/t gold;
7m at 4.46 g/t gold from 67m, including 1m at 26.3 g/t gold;
12m at 2.42 g/t gold from 76m, including 1m at 18.25 g/t gold; and
12m at 2.19 g/t gold from 57m, including 3m at 7.12 g/t gold.

MEK says these results continue to improve the understanding of the Turnberry deposit, demonstrating the continuity of shallow oxide gold in areas which have previously lacked sufficient drilling.

Long section showing new shallow, high-grade Turnberry drilling pierce points. Pic via MEK

Results expand broad zones of high-grade gold

“We continue to complete key works for our high-grade Murchison gold project, including this drilling, which is delivering strong results and supporting the company’s decision to position the asset for development,” MEK managing director Tim Davidson says.

“As with results from this infill program released over the previous three weeks, these assays confirm – and in some places expand – the broad zones of high-grade gold in the mineral resource.

“They will inform the open pit grade control model and updated production plan, further supporting the development ready status of Murchison in early 2024.”

More assays to come

Assays for a further three holes for 261m from around the periphery of the July 2023 feasibility study open pit designs at Turnberry are now expected in January 2024.

Results for 17 shallow infill holes for 1,340m at St Anne’s are also expected later this month.

MEK is now preparing submissions for the remaining development approvals in December 2023, with third-party reports supporting the submission being finalised.

Regional map showing the location of the Murchison gold project. Pic via MEK

 

This article was developed in collaboration with Meeka Metals, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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