Meeka Metals Drills St Anne’s High-Grade Gold Confirmation

THE DRILL SERGEANT: Meeka Metals (ASX: MEK) reported some healthy gold hits from diamond drilling completed at St Anne’s, part of the company’s 100 per cent-owned Murchison gold project in Western Australia.

Meeka Metals anticipates the drilling results to support a Mineral Resource for St Anne’s, while providing samples for comminution testing and geotechnical information for open pit design.

The company explained the recent assay results confirmed high-grade intervals returned from RC and aircore drilling carried out during 2022.

Assay results included:

22SADD001
7.8m at 2.69 grams per tonne gold from 50.2m, including 2m at 8.2g/t gold (0.7m of core loss);

22SADD002
20.7m at 3.29g/t gold from 54.3m, including 12.8m at 5.21g/t gold (4.0m of core loss); and

22SADD003
19.3m at 1.27g/t gold from 39.7m, including 2.5m at 7.04g/t gold () (2.4m of core loss).

“This drilling, completed to support the St Anne’s Mineral Resource, comminution test work and geotechnical evaluation for open pit design has confirmed the high-grade nature of the mineralisation,” Meeka Metals managing director Tim Davidson said in the company’s ASX announcement.

“These high grades were evident even after accounting for between 0.7m and 4.0m of core loss, which is assigned zero gold grade when calculating the broader mineralised intercept.

“Additionally, the high gold recoveries, rapid leach kinetics and low cyanide consumption, reported in December 2022 point to St Anne’s making a meaningful contribution to the Pre-feasibility Study due in mid-2023.

“The initial St Anne’s Mineral Resource remains on track for the March 2023 quarter, allowing the impact of this additional Mineral Resource on our other mining centres and mill sizing to be optimised.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE