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Meeka targets March for first gold from Murchison
Meeka Metals is gearing up for gold mining to begin in March with significant progress made with its processing infrastructure and accommodation village at the company’s Murchison gold project in WA. Its much larger “game-changing” processing plant equipment is on site and expected to dramatically increase its pre-feasibility numbers in the upcoming definitive-feasibility-study due in December.
Meeka swaps debt for $35m equity to fully fund WA gold mine
Meeka Metals has deftly rid itself of a proposed debt facility and 12,000 gold call options that would have encumbered its soon to be completed gold mine near Meekatharra as investors stump up $35m in equity. A DFS tabled in May that showed the project will spit out pre-tax free cash of $577m is set to be enhanced in December with updated modelling.
Meeka Metals WA mine construction running ahead of schedule
Meeka Metals' Murchison gold project, 50km north of Meekatharra, is ahead of schedule with its 136-man camp and haul road nearing completion, targeting a mid-2025 first gold pour. And with 88 of the 136 accommodation rooms now fully commissioned, Meeka has importantly, created the opportunity to save some valuable time by ensuring space for the expanding workforce on-site.
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As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Meeka
Contact Meeka, search articles and posts on X, monitor coverage, and track replies from one place.
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