Meeka Metals gets REE Mineral Resource Drilling Underway at Circle Valley

THE DRILL SERGEANT: Meeka Metals (ASX: MEK) has commence infill drilling for rare earths at the company’s 100 per cent-owned Circle Valley project in Western Australia.

Meek Metals reported the 2023 infill program will focus on the north-western zone where high total rare earth oxide (TREO) grades, up to 6,894ppm, are coincident with shallow cover.

The company said the mineralisation at Circle Valley demonstrates a high proportion of the grade, up to around 30 per cent of the TREO grade, as valuable neodymium and praseodymium (NdPr) magnet rare earths.

Meeka indicated it would also be looking to build on the high-grade gold results achieved at Anomaly A.

Delivery of an initial rare earth Mineral Resource is targeted for the June 2023 quarter.

“Results received in 2022 show a shallowing cover profile to the northwest at Circle Valley, corresponding with a +1,000ppm high-grade component of the rare earth mineralisation, rich in NdPr magnet rare earth elements,” Meeka Metals managing director Tim Davidson said in the company’s ASX announcement.

“This shallow high-grade mineralisation trends northwest into an undrilled part of Circle Valley, which will be the focus for Mineral Resource drilling now underway.

“Confidence to advance our rare earth projects to the Mineral Resource development stage is bolstered by the positive results from our ongoing metallurgical test program.”

 

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