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The latest update is out from Meeka Gold Limited ( (AU:MEK) ).
Meeka Metals Limited has reported promising results from its ongoing drilling at St Anne’s within the Murchison Gold Project, indicating thick zones of high-grade gold. These findings, including multiple assays with gold concentrations greater than 1oz per tonne, support the company’s production plan and suggest potential for further resource expansion ahead of scheduled open pit mining in March 2025. The continued success in drilling enhances Meeka’s position in the gold mining sector and could have positive implications for its stakeholders.
More about Meeka Gold Limited
Meeka Metals Limited, operating in the gold mining industry, focuses on the exploration and development of high-grade gold deposits. The company is actively involved in the Murchison Gold Project, with a significant emphasis on its St Anne’s site, targeting the advancement of open pit mining operations.
YTD Price Performance: 60.47%
Average Trading Volume: 6,803
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €164.3M
Find detailed analytics on MEK stock on TipRanks’ Stock Analysis page.
