Meeka Metals Unveils New High-Grade Gold Zone at Turnberry South

Key Highlights:

• Major Gold Discovery: 21m @ 5.13g/t Au from 51m, including 5m @ 15.65g/t Au.
• Strong Expansion Potential: Newly identified zone expected to expand the current open pit.
• Ongoing Drilling Success: High-grade intersections along strike and at depth.
• Mining Operations Ahead of Schedule: Open pit mining began in February 2025 at St Anne’s.
• Strategic Growth in Murchison Gold Project: Project advancing toward first ore production in April 2025.

Meeka Metals Limited has made a breakthrough at Turnberry South, unveiling a new shallow high-grade gold zone that is expected to significantly enhance its Murchison Gold Project. The latest drilling results, including an outstanding 21m at 5.13g/t Au from 51m, have confirmed the presence of a rich gold-bearing zone on the western side of Turnberry South. This discovery is likely to lead to an expansion of the existing oxide open pit, further strengthening the project’s economics.

Additional high-grade intersections reinforce the deposit’s growing potential, with 18m at 3.61g/t Au from 83m and 11m at 4.04g/t Au from 52m, including 1m at an impressive 22.50g/t Au. These results mark a significant advancement in defining the gold resource at Turnberry South.

With open pit mining already underway at St Anne’s ahead of schedule, Meeka Metals is accelerating exploration efforts to incorporate the new gold zone into an updated stage 1 pit design. Ongoing RC drilling will further test the extent of mineralization, ensuring that the newly discovered high-grade gold is fully accounted for in future mine plans.

As part of its broader development strategy, Meeka Metals is also progressing infrastructure works, including a 20km haul road and process plant upgrades, with first ore expected in April 2025. The company’s Murchison Gold Project continues to grow, reinforcing its status as a high-grade, long-life gold asset.

Meeka’s Managing Director, Tim Davidson, emphasized the significance of the discovery, noting that previous drilling orientations had missed this high-grade zone, and its inclusion in updated mine plans will enhance resource estimates and operational efficiencies.

With robust grades, expanding gold zones, and strategic mining developments, Meeka Metals is well-positioned for a strong year ahead.