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Meeka pours first gold at Murchison on schedule

2nd July 2025

By: Creamer Media Reporter

     

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ASX-listed Meeka Metals has poured first gold at its Murchison gold project in Western Australia – just 12 months after breaking ground.

Commissioning of the processing plant has been completed and gold production is ramping up smoothly, in line with the company’s schedule. Ore stockpiles are building ahead of the mill, supported by the arrival of a third dig fleet in June that has accelerated openpit mining activities.

“It is an impressive achievement by the team to deliver first gold on time and within 12 months of breaking ground at the Murchison,” said MD Tim Davidson.

“We are now focused on ramping up gold production toward our targeted 80 000 oz a year with the arrival of the third dig fleet and expanded open pit mining plan underway, and first ore from underground at Andy Well in the September 2025 quarter,” he added.

The Murchison project, which hosts a 1.2-million-ounce resource at 3 g/t gold on granted mining leases, is centred around the fully permitted Andy Well mill. A definitive feasibility study released in December outlines a ten-year production plan peaking at 76 000 oz/y, with average production of 65 000 oz/y over the first seven years.

The study estimates an undiscounted pre-tax free cash flow of A$1-billion, with a net present value of A$616-million and an internal rate of return of 180%.

Underground mining is set to start in the September quarter, complementing ongoing openpit operations.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

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