Overview of Meeka Metals' recent announcement

Meeka Metals Limited (ASX: $MEK) has announced the return of shallow oxide gold assay results from the final 7 infill holes at St Anne's, part of the Murchison Gold Project. The results will support a grade control model for the St Anne's open pits in the March 2024 quarter. Additionally, the company has submitted development approval documentation in December 2023, with approval expected in early 2024.

Executive commentary on the infill drilling results and development approval

Meeka's Managing Director Tim Davidson commented, 'This drilling, which continues to deliver strong results, and the submission of the development approval documentation in December 2023 positions our high-grade 1.2 million ounce Murchison Gold Project for development. We expect the remaining development approvals in early 2024 and are now updating our Mineral Resource and economic models in order to advance funding arrangements.'

Summary of the announcement and outlook

Meeka Metals (ASX: $MEK) has reported high-grade gold assays from infill drilling at St Anne's, confirming the location and continuity of mineralisation in the shallow part of the Mineral Resource. The results will support a grade control model for the St Anne's open pits in the March 2024 quarter. The company has also submitted development approval documentation, with approval expected in early 2024, positioning the Murchison Gold Project for development. Meeka Metals aims to update its Mineral Resource and economic models to advance funding arrangements, indicating a positive outlook for the company's development and growth.