MEK 1.52% 3.4¢ meeka metals limited

Agree - it's been building beautifully since MEK acquired 100%...

  1. 38 Posts.
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    Agree - it's been building beautifully since MEK acquired 100% of the resource.

    Under Doray Minerals and Chalice Gold Mines in 2015, Turnberry started out with consistent yields that looked like this:
    (#2695720)

    https://hotcopper.com.au/data/attachments/4897/4897675-64396a7b4e7eafb7699a625b28cda95f.jpg


    In July 2016, Doray Minerals announced the Turnberry maiden resource of 4.6Mt @ 1.8g/t for 266,000 ounces.
    (#2816159)
    https://hotcopper.com.au/data/attachments/4897/4897826-4baa7a1f1607a0d6824af3acdc93c274.jpg


    And since acquiring in December 2020, MEK now has it looking like this:
    (#7081513)

    https://hotcopper.com.au/data/attachments/4897/4897681-43d9361fdde9bc3ff15f6b3c25df024c.jpg



    So the millions of ounces question is: If the results and shallow grades have been so consistent across these targets (plus whatever high grades are lurking below 200m) - just how much gold is there?


    St Anne's is already looking like a Turnberry doppelgänger.

    And once you start staring into that 3.5km abyss of under explored strike between Turnberry and St. Anne's - drawing on the consistency of assays across these targets - it is very hard to unsee a rich connected gold system that runs between them.

    I'll take these grades across 7kms (open in multi-directions) - any day of the week.

    Of course, the obligatory caveat - DYOR.

    Turnberry - May 2021: 610koz AU (#6064313)
    Turnberry - December 2022: ?
    St Annes - Turnberry - March 2023: ?

    2023 & Beyond? $$$$$$$$$

    GLTAH.

    Last edited by mofo21: 07/12/22
 
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