• Acquisition of 71km2 of gold mining tenements surrounding Mt Holland in Western Australia
• Historical production of ~1.2Moz of gold @ 5.12g/t Au prior to 2001
• Significant exploration potential with limited modern exploration in the past 15 years

Meeka Metals Ltd has entered into a binding agreement to acquire various gold mining tenements surrounding the Mt Holland area in the Southern Cross Province of Western Australia. The mining tenements have a combined area of 71km2 and cover ~24km of north-south striking banded iron formation (BIF) units, the principal host of gold mineralisation at Mt Holland. The area has historically produced ~1.2Moz of gold at 5.12g/t Au prior to 2001 from the Bounty gold mine, but no significant gold-focused exploration has been conducted in the past ~15 years. The acquisition provides strong exploration potential, with little to no drilling below shallow gold intersections or testing of geochemically anomalous zones along the ~24km of north-south striking BIF units. Meeka plans to commence an initial 20,000m of systematic drilling targeting these BIF units post-completion of the acquisition, which is expected to occur within ~2 weeks. The mining tenements are strategically located near established regional infrastructure, including accommodation, sealed airstrip, regional grid power and water, and with direct access via the Marvel Loch-Forrestania road.

Meeka plans to commence an initial 20,000m of systematic drilling targeting the ~24km of north-south striking BIF units within the acquired mining tenements over the next 12-18 months.