Meeka Gold has turned out an impressive 20m wide gold drill intercept going a solid 4.66 grams per tonne gold from just 12m downhole from the first RC drillhole completed in early January at its greenfields Circle Valley project in WA. The gold hit formed part of a wider 36m mineralised parcel that gave up 2.69g/t gold from 12m.
Meeka Gold Limited has turned out an impressive 20m wide gold drill intercept going a solid 4.66 grams per tonne gold from just 12m downhole from the first RC drillhole completed in early January at its greenfields Circle Valley project in WA. The gold hit formed part of a wider 36m mineralised parcel that gave up 2.69g/t gold from 12m.
The drilling consisted of only two RC holes at Circle Valley that aimed to follow up exciting results intersected in 2021 reconnaissance aircore drilling that included 12m grading 1.05g/t gold from 12m downhole and 4m going 1.49g/t gold, also from 12m downhole.
The two deeper RC drill holes were designed to test the mineralisation potential in the fresh rock below the shallow regolith profile that the aircore rig’s blade could not penetrate.
Circle Valley boasts a large mineralised footprint with a 1.2 kilometre by 400m gold in soil anomaly outlined to date that the company plans to systematically drill test.
On top of the massive gold in soil anomaly footprint at Circle Valley, multiple kilometres of magnetic features extending from each of the other known primary gold occurrences in the project area also remain to be tested.
Aircore drilling is also underway at Circle Valley with 6,000m of a planned 7,000m program completed to date. All AC assays are yet to be received and reported.
A follow up RC drill program is set to pick up where the AC rig left off once it has rounded out its 7,000m program.
The Circle Valley greenfields gold project is situated along the Albany-Fraser mobile Belt that runs from approximately 100km east of Esperance northeast to the 7.1 million ounce Anglogold Ashanti and Regis Resources owned Tropicana gold deposit.
Mineralisation at Circle Valley occurs below shallow transported cover within gently folded east-west trending magnetic fabrics within a magnetic fold closure.
The Circle Valley tenure is comprised of predominantly felsic and to a lesser extent, mafic gneissic rocks. Limited historical reconnaissance aircore drilling was completed prior to the current drilling barrage.
Meeka Gold Limited Chief Executive Officer, Tim Davidson said:
“The Circle Valley Project is an exciting greenfield exploration opportunity for us. We control a significant landholding, which is vastly unexplored yet has shown itself to be fertile for gold in at least two locations, 9km apart, at the Anomaly A and Fenceline prospects. Outside of those two prospects the total historical exploration drilling amounts to only 26 shallow aircore holes across the entirety of our 167km2 tenure.”
“The thick zone of gold mineralisation returned from the very first RC hole to be drilled at Anomaly A is a great result and validates the work we have done up until this point. We are also eagerly awaiting the results from the 6,000m of aircore drilling we have completed at Circle Valley since the beginning of January as part of the ongoing exploration program.”
Meeka looks to be buffing a serious shine into the unloved Circle Valley gold project from its shallow AC and RC drilling. With only two deeper RC drill holes completed there is still plenty left to find under the weathered cover sequence that Meeka plans to aggressively explore with the drill bit over coming months.
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