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Meeka Metals Limited (ASX:MEK) is gold and rare earths company with a portfolio of high quality 100% owned projects across Western Australia.
Gold
Meeka’s flagship Murchison Gold Project has a combined 343km² landholding in the prolific Murchison Gold Fields and hosts a large high-grade 1.2Moz Mineral Resource. The Company is actively growing these mineral resources while also progressing toward production. The Company has achieved exploration success in 2022 with the definition of multiple new high-grade lodes at St Anne’s and high-grade extensions to Turnberry.
In addition, Meeka owns the Circle Valley Project in the Albany-Fraser Mobile Belt (also host to the Tropicana gold mine – 3Moz past production). Gold mineralisation has been identified in four separate locations at Circle Valley and presents an exciting growth opportunity for the Company.
Rare Earth Elements (REE)
Meeka controls the Cascade Rare Earths Project (2,068km²) and Circle Valley Project in a region that is rapidly emerging as a highly prospective clay rare earths province. Drilling has defined widespread REE mineralisation at both Circle Valley and Cascade with Mineral Resource infill drilling planned for 2023. Importantly, the results to date contain high levels of permanent magnet metals being Neodymium-Praseodymium oxides. These critical metals are used in wind turbine generators and motors for electric vehicles.
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