Announcement Date: 2022-07-06
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Meeka Gold Ltd.
Project name: Murchison
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 51m @ 1.64g/t Au from 264m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Advanced gold and rare earths company, Meeka Gold Limited (ASX:MEK) (“Meeka” or “the Company”) is pleased to report gold assays from the Murchison Gold Project. Drilling targeted Turnberry Central below the 2021 Scoping Study open pit shell, with assays demonstrating continuity of the thick zones of gold below the pit. This included hole 21TBRCDD015, which returned an intersection of 51m @ 1.64g/t Au, including 21m @ 3.44g/t Au. On the western side of these broad zones of gold mineralisation, drilling has intersected a high-grade lode, grading up to 62.80g/t Au (21TBRCDD011). This high-grade can be traced 150m south to hole 21TBRCDD026, where nuggety visible gold is evident in the core (Figure 1), and remains open to the north and south, and at depth. Assays for hole 21TBRCDD026 are pending. Lithologies at Turnberry Central are dominated by dolerites with the best section of mineralisation to date hosted within a magnetic quartz dolerite, which forms a discrete aeromagnetic anomaly. The magnetic dolerite is likely to represent a fractionated portion of a layered dolerite sill with a contribution of magnetite from alteration creating the anomaly within the hinge of a folded mafic unit.
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