Meeka Metals (ASX:MEK) said assays from ongoing reverse circulation drilling at the Murchison gold project supported its open pit production plan, according to a Monday Australian bourse filing.
Mining is scheduled to start in the March quarter and process plant commissioning in the June quarter.
It has received assays for 42 of the 145 holes drilled to December 2024.
Ongoing drilling at the open pit mining area in the Western Australia project resulted in 6 meters at 26.47 grams per tonne of gold from a depth of 59 meters including 1 meter at 154.5 grams per tonne of gold, 4 meters at 30.2 grams per tonne of gold from a depth of 81 meters including 2 meters at 58 gram per tonne of gold as well as 9 meters at 12.8 gram per tonne of gold from a depth of 51 meters including 1 meter at 27.9 gram per tonne of gold and 1 meter at 43.6 gram per tonne of gold.
It also resulted in 7 meters at 12.6 grams per tonne of gold from a depth of 107 meters including 3 meters gram per tonne of gold and 12 meters at 6.3 grams per tonne of gold from a depth of 103 meters including 2 meters at 28.3 grams per tonne of gold.
The company's shares were up almost 4% in recent Monday trade.
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