70% probability of MEK's significant share price appreciation in the next three months
Possible 3x or A SPR style run
:
Development Timeline
Mining fleet mobilization in February 2025
Open pit mining starts March 2025
First ore mining in April 2025
Clear pathway to first gold in mid-2025
Recent High-Grade Results
Bonanza grade intersection: 23m @ 26.73g/t Au including 10m @ 52.79g/t Au
33m @ 3.07g/t Au from 42m including 8m @ 4.51g/t Au
Nine holes with grades better than 10g/t gold up to 35.2g/t Au
Near-term Catalysts
Results pending from:
36 remaining holes from original 145-hole program
45 holes at St Anne's South stage one open pit
Resource model update ahead of mining contractor mobilization
Infrastructure Progress -
20km haul road construction underway2
Processing plant upgrades ongoing2
Accommodation village commissioning2
New administration facilities at Turnberry mining centre
St Anne's Expansion Potential -
Recent high-grade hits support expanded oxide open pit at St Anne's North
Stage 1 open pit being expanded to the north
Multiple zones remain open for further resource growth
MEK Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held
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