Meeka Metals Claims New Wood Lode Gold Discovery
THE DRILL SERGEANT: Meeka Metals (ASX: MEK) is pleased to report the discovery of a new lode at St Anne’s, part of the company’s 100 per cent-owned Murchison gold project in Western Australia.
Meek Metals’ recent shallow drilling at St Anne’s intersected a zone of strong oxide gold mineralisation, now called the ‘Wood’ lode, on a previously untested contact.
Assays include:
22SAAC165
16 metres at 3.48 grams per tonne gold from 48m, including 8m at 6.17g/t gold;
22SAAC164
12m at 2.48g/t gold from 76m, including 8m at 3.55g/t gold; and
22SAAC128
12m at 1.38g/t gold from 88m, including 4m at 2.27g/t gold.
Assays are pending for a further 25 shallow strike extension holes and drilling remains ongoing.
“The ongoing shallow drilling at St Anne’s continues to expand the footprint of high-grade oxide mineralisation within this large gold system,” Meeka Metals managing director Tim Davidson said in the company’s ASX announcement.
“The Wood lode is the first of a number of targets to be tested outside of the Driver and Iron lodes, which sit on the western mafic contact at St Anne’s and where we have been drilling since June 2022.
“This positive early result from the first target in our broader, but disciplined, target testing program highlights the growth opportunity available at our Murchison gold project.
“Reinforcing this is the success the team are having with deeper RC drilling at St Anne’s, which intersected high-grade and visible gold in fresh rock below the oxide horizon, and diamond drilling, which has intersected the shear zone with intervals of sulphides and quartz marking the lode position.
“Core processing is underway with first assay results from the diamond holes expected in December 2022.”
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