Meeka’s got even more to aim at after extending the strike at St Anne’s prospect. Pic via Getty Images.
Mining
Meeka continues to intersect broad zones of shallow, high-grade gold which extend the strike of the St Anne’s prospect within its Murchison gold project in Western Australia.
Notable results are 8m grading 11.78 grams per tonne (g/t) gold within a broader 24m zone at 4.73g/t gold from a down-hole depth of 52m (22SAAC100) and 8m at 11.07g/t gold within a 36m intercept at 3.61g/t gold from 44m (22SAAC083).
These follow results released since the beginning of 2022 such as 32m at 16.07g/t gold from 48m including 16m at 28.59g/t gold (22SAAC058) and 20m at 20.74g/t gold from 48m including 16m at 24.86g/t gold (22SAAC061).
And there’s likely more to come for Meeka Metals (ASX:MEK) given that assays are pending for a further 28 holes totalling 3,062m while shallow strike extensional drilling into the oxide zone is ongoing.
The company has also started reverse circulation drilling targeting primary mineralisation in fresh rock with assay results expected in mid-October 2022 while diamond drilling will begin in early October.
“The ongoing shallow drilling at St Anne’s continues to expand the footprint of high-grade oxide mineralisation within this large gold system,” managing director Tim Davidson said.
“The drilling is also affording the team an improved understanding of controls on mineralisation at St Anne’s and highlighting excellent drill targets to the north of St Anne’s where historical drilling has intersected mineralisation, however no follow up work has ever been completed.
“Importantly, diamond drilling will provide information necessary for the initial St Anne’s Mineral Resource, targeted for release in the December 2022 quarter.”
The latest assays were returned from a further 46 aircore holes drilled at St Anne’s last month.
The new assays extend the broad zones of high-grade gold by 85m at the northern end of the prospect where drilling continues to intersect a sequence of felsic volcaniclastics and mafic rocks.
Besides the current RC drilling, the company has also engaged a diamond drilling contractor who are mobilising to site to provide additional capacity to target primary mineralisation in the fresh rock, while also gathering important structural information about the St Anne’s mineralisation.
Additionally, metallurgical samples have been collected from mineralised intervals at St Anne’s and an initial test work program has been commissioned with results expected in the December 2022.
Outside of the immediate zones of mineralisation at Turnberry and St Anne’s, just 54 holes have intersected the highly fertile 7km shear zone.
Where this limited drilling has intersected the shear zone, gold is present.
Additionally, drill records indicate the package of rocks that host gold at Turnberry and St Anne’s also strike in a similar trend.
Following extensional drilling at the two prospects, Meeka intends to make the shear zone the focus of work.
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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