Meeka Metals - MEK (ASX) News & Expert Insights from Stockhead

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.

KEY PEOPLE

Paul is a chartered accountant with over thirty years experience in the resources sector gained in Australia and the United States. Paul has experience across a range of commodity businesses including gold, rare earths, nickel, uranium, manganese, bauxite/alumina and oil/gas.

Tim is a qualified mining engineer with extensive resource industry experience, both within Australia and internationally, working with prominent mining companies including Newmont, BHP and Silver Lake Resources. Tim was instrumental in the acquisition of Meeka’s 1.1Moz Murchison Gold Project from Silver Lake Resources.

Roger has a law degree from the University of Western Australia, was admitted as a barrister and solicitor for the Supreme Court of Western Australia in 1987, and has been practicing as a lawyer for over 25 years. He is the legal adviser to a number of public companies on a wide range of corporate-related matters, with a focus on company restructures, initial public offerings and takeovers.

Paul is a qualified geologist and finance professional with over 30 years experience across capital markets, exploration and mining. Paul was Managing Director of Spectrum Metals Limited prior to it being taken over by Ramelius Resources and previously served as Director – Head of Research and Natural Resources at DJ Carmichael Pty Ltd for 12 years.

Morgan Barron is a Chartered Accountant with over 20 years’ experience in finance and corporate advisory. Morgan has advised and guided many ASX companies undertaking fundraising activities and corporate and compliance matters.