Meeka Metals Ltd (ASX:MEK) has struck abundant visible gold from reverse circulation (RC) drilling at St Anne’s, further boosting the potential of the 100%-owned Murchison Gold Project in Western Australia.
The results of up to 16 metres at 28.59 g/t gold within 32 metres at 16.07 g/t gold from 48 metres confirm the continuity of shallow high-grade gold at the system, where assays are pending for five drill holes and a further 38 aircore holes from 5,282 metres of drilling.
Drilling targeting below previously-reported shallow, high grade intersections in the oxide horizon also hit 20 metres at 20.74 g/t of the yellow metal from 48 metres, including 16 metres at 24.86 g/t gold.
RC chips from 22SARC005 showing visible gold from 172-173 metres down hole.
More drilling
Shallow strike extensional drilling into the oxide zone to the north of St Anne’s is ongoing, while diamond drilling along strike from hole 22SARC005, where the visible gold was observed, is planned to begin early next month.
An initial St Anne’s mineral resource is on track for release in the December quarter.
Murchison pre-feasibility study to include St Anne's
“The positive results from the ongoing drilling at St Anne’s gives us confidence this large gold system will continue to grow,” Meeka managing director Tim Davidson said.
“Given the shallow, high grade nature of mineralisation at St Anne’s and the potential for this to have a meaningful impact on the outcome of the (pre-feasibility) study (for the Murchison Gold Project), we have decided to defer the release of the study.
“The expanded study incorporating St Anne’s will now be released in mid-2023. This will allow us to optimise the impact of St Anne’s on our other mining centres and mill sizing.”
Follow-up drilling
Diamond drilling underway at Anomaly A, Circle Valley.
In addition to drilling underway in the Murchison, a short diamond drilling program has commenced at Circle Valley to follow up on high-grade gold results from RC drilling in the first half of this year.
The first diamond hole intersected a high-grade metamorphic folded assemblage intruded by late narrow pegmatitic intrusions. Silica flooding and potassic alteration with biotitic zones is seen in the core, as well as potassic feldspar associated with zones of migmatisation.
Diamond drilling is ongoing and will provide valuable information for a larger drill program commencing in January 2023.
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