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Meeka Metals Limited (ASX:MEK)

ALERT: Price-sensitive ASX Announcement for MEK
Current share price for MEK : $0.130 0.025 (23.81%)+
Announcement
Release
22 Jul 2026 9:17AM
Price at Release
$0.105
Full Release
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Summary
Meeka Metals Limited reported significant high-grade gold assays from drilling conducted about 200 meters below the Turnberry Underground Reserve. The drilling results indicate the presence of substantial high-grade gold mineralization, including a notable intersection of 52.3 meters at 3.0 grams per tonne (g/t) gold, further highlighting the potential extension and growth of the current Turnberry Mineral Resource. This gold mineralization is associated with a strongly sheared dolerite unit of Archaean age and suggests an orogenic gold system with a likely hotter, more metal-rich zone at depth. The company has recommenced diamond drilling to explore these encouraging findings further.
Key Points
  • Significant gold intersections found 200m below Turnberry Underground Reserve.
  • 52.3m @ 3.0g/t Au from 474.1m, including 30.6m @ 3.4g/t Au.
  • Potential for extension and growth of Turnberry Mineral Resource.
  • Gold associated with a sheared dolerite unit, suggesting an orogenic gold system.
  • Diamond drilling recommenced to explore further potential.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.