Meeka Metals Limited provided an update on activities currently underway in the Murchison and at Circle Valley. RC drilling has commenced at St Anne's, part of the 100% owned Murchison Gold Project, with all holes intersecting the quartz lode at target depth. Hole 22SARC005 returned positive indications with visible gold observed in the RC chips.

Currently, 5,282m of shallow extensional and RC drill samples are being processed or in transit to the laboratory. Diamond drilling will commence in early October 2022 and target primary mineralisation below and along strike from hole 22SARC005. An initial St Anne's Mineral Resource remains on track for release in the December 2022 quarter.

Due to the potential for St Anne's to have a meaningful impact on the production profile and financial outcomes of the Study, it has been decided to defer the Pre-feasibility Study until the June 2023 quarter to allow the inclusion of St Anne's. The first diamond hole intersected a high grade metamorphic folded assemblage intruded by late narrow pegmatitic intrusions. Silica flooding and potassic alteration with biotitic zones is observed in the core, as well as potassic feldspar associated with zones of migmatisation. Diamond drilling is ongoing and will provide valuable information in advance of a larger drill program commencing in January 2023.