4m @ 27.8gpt Au - Shallow High-Grade Gold at Andy Well UG

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Stock Meeka Metals Ltd (MEK.ASX)
Release Time 20 Nov 2025, 8:20 a.m.
Price Sensitive Yes
 4m @ 27.8gpt Au - Shallow High-Grade Gold at Andy Well UG
Key Points
  • Shallow high-grade drill results from Andy Well extend strike of Wilber lode by ~450m
  • Potential to grow Resource and Reserves in shallow (<200m) part of Andy Well mine
  • Underground diamond drilling from Andy Well underway, first results expected in Q1 2026
Full Summary

Meeka Metals Ltd has reported high-grade gold results from shallow (<200m depth) surface drilling at the Andy Well underground mine at the Murchison Gold Project. New assays include 4m @ 27.82g/t Au from 167m including 2m @ 54.43g/t Au, 8m @ 9.35g/t Au from 84m including 2m @ 34.88g/t Au, and 12m @ 3.80g/t Au from 44m including 4m @ 10.26g/t Au. These shallow high-grade intercepts have extended the southern strike of the Wilber lode by a further ~450m beyond the planned mining footprint. The company sees strong potential to further expand the Resource and production plan in this area, as the high-grade gold remains open down plunge. Underground diamond drilling from Andy Well is currently underway, with first results expected in the March 2026 quarter. Surface RC drilling also continues at the Turnberry prospect, following up on previous high-grade gold intersections.

Guidance

The Company is not providing any high-importance, price-sensitive forward-looking financial metrics or other company-specific metrics in this announcement.

Outlook

The Company plans to continue surface Resource growth drilling at Turnberry in the December 2025 quarter, followed by underground Resource growth drilling at Andy Well in the March 2026 quarter. The Company also plans to define the pathway for a Murchison process plant expansion in the June 2026 quarter.