[ad_1]

The outcomes of the most recent testwork at Meeka Metals’ (ASX:MEK) WA-based 1.1Moz Murchison Gold Challenge have turned over common gold restoration grades of 98% for the smallcap explorer. 

Utilizing a gravity restoration centrifuge (a machine which spins crushed ore in such a fashion mineralised gold is separated from non-commercial materials) Meeka was in a position to additional log a median restoration of 49%. 

The corporate additionally provides right this moment that within the leach assessments it carried out (utilizing acid to extract gold from ore and cyanide to drift the gold to the highest), low volumes of hazardous chemical compounds have been wanted, as a result of success on the first two levels. 

All in all, Meeka suspects these developments to enormously profit the outcomes of a pending PFS for the Murchison mission on the radar for mid-2023. 

Steps forward 

The corporate says it’s assessing the concept of a attainable underground mine at Andy Properly (a prospect inside the Murchison mission envelope), in addition to a twin underground-open-pit mine on the Turnberry prospect. 

The Turnberry prospect is slated for an upgraded JORC compliant mineral useful resource later this month encapsulating some 16,000m of drilling performed because the final iteration.

In the meantime, the high-impact St. Anne’s prospect continues to catch the attention of the exploration staff, and that deposit may also have a maiden MRE connected to it within the first quarter of subsequent 12 months. 

Turnberry and St. Anne’s stay the main target of ongoing exploration campaigns at Murchison. 

St. Anne’s to spice up PFS 

“Excessive gold recoveries and low cyanide consumption, coupled with the shallow, high-grade oxide nature of the mineralisation, factors to St Anne’s making a significant contribution to the Pre-feasibility Research due in mid-2023,” Meeka chief Tim Davidson stated. 

“With this in thoughts, the preliminary St Anne’s Mineral Useful resource stays on monitor for the March 2023 quarter, permitting the influence of this extra Mineral Useful resource on our different mining centres and mill sizing to be optimised.”

The state of Meeka's three month charts

The state of Meeka’s three month charts
Disclaimer: Market Index helps small-cap ASX listed corporations join with Australian buyers via clear and concise articles on key developments. Meeka was a shopper on the time of publishing. All protection comprises factual data solely and shouldn’t be interpreted as an opinion or monetary recommendation.

 

[ad_2]