InvestSMART

Meeka Metals Limited (ASX:MEK)

ALERT: Price-sensitive ASX Announcement for MEK
Current share price for MEK : $0.130 0.015 (13.04%)+
Announcement
Release
21 Aug 2026 8:45AM
Price at Release
$0.115
Full Release
download
Summary
Meeka Metals Limited announced the discovery of visible gold in drilling conducted 300 meters below the Turnberry Underground Reserve. The discovery was made in drill hole 26TBRD010, which reached a depth of 632.8 meters. This marks the deepest drilling to date, showing visible gold along with chalcopyrite, pyrite, albite, and magnetite in a broad shear zone. The intensity of shearing and associated mineralization appears to increase towards the central zone, indicating potential for higher grades and wider mineralization with depth. To expedite further exploration, a second diamond drill rig was mobilized. While assays are pending, they are expected in September 2026. The company highlights that visible gold and mineral estimates are based on drill core inspections and laboratory assays will determine actual grades and widths.
Key Points
  • Visible gold found 300m below Turnberry Underground Reserve.
  • Drill hole 26TBRD010 reached 632.8m depth, showing significant mineralization.
  • Increased shearing and mineralization intensity towards central Turnberry zone.
  • A second diamond drill rig mobilized to accelerate exploration.
  • Pending assay results expected in September 2026.
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.