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The latest announcement is out from Meeka Gold Limited ( (AU:MEK) ).
Meeka Metals Limited has announced promising exploration results from its Murchison Gold Project, specifically within the Fairway shear zone. The company reported high-grade gold intersections at the new Rosapenna target and Turnberry South, indicating significant potential for further discoveries in the underexplored 25km belt of Archean greenstones. These results support the company’s strategy to systematically explore the area, with ongoing drilling efforts aimed at expanding the resource base and preparing for future underground mining operations.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
More about Meeka Gold Limited
Meeka Metals Limited is a company operating in the gold mining industry, focusing on exploration and development of gold resources. Its primary market focus is on the Murchison Gold Project, which involves the exploration of gold deposits within the Fairway shear zone, a significant regional structure.
Average Trading Volume: 17,981,974
Technical Sentiment Signal: Buy
Current Market Cap: A$717.9M
Find detailed analytics on MEK stock on TipRanks’ Stock Analysis page.