Meeka Metals (ASX:MEK) has poured the primary gold at its flagship Murchison mission in Western Australia.
The pour occurred on Tuesday (July 1), and in a Wednesday (July 2) press release, the corporate mentioned the mission’s manufacturing is in keeping with schedule, occurring inside 12 months of breaking floor.
Murchison sits close to a number of multimillion-ounce gold mines and hosts a big, high-grade useful resource of 1.2 million ounces at 3 grams per tonne (g/t) gold on granted mining leases.
Meeka launched a definitive feasibility research in December 2024, outlining a ten yr manufacturing plan for the mission. As much as 76,000 ounces every year are focused, with a mean of 65,000 ounces approximated for the primary seven years.
The research additionally centered on restarting the Andy Nicely mill, with web site exercise commencing throughout Q1 2025. Course of plant commissioning adopted within the subsequent quarter, with the primary gold pour following its projected schedule of mid 2025.
“It’s a formidable achievement by the workforce to ship first gold on time and inside 12 months of breaking floor on the Murchison,” mentioned Managing Director Tim Davidson. “We at the moment are centered on ramping up gold manufacturing towards our focused 80 kilo ounces every year with the arrival of the third dig fleet and expanded open pit mining plan underway.”
Drilling at Turnberry Central, a part of Murchison, was introduced on June 10. Outcomes embrace 30 metres at 1.09 g/t gold from 29 meters, together with 9 meters at 2.45 g/t gold.
The corporate introduced in mid-June that process plant commissioning was underway at Murchison.
Underground mining at Murchison’s Andy Nicely mill is about to start within the third quarter of 2025. As per a company presentation shared by Meeka on June 19, Andy Nicely hosts a mineral useful resource of 505,000 ounces at 8.6 g/t gold.
First ore from Andy Nicely is anticipated within the third quarter of this yr.
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Securities Disclosure: I, Gabrielle de la Cruz, maintain no direct funding curiosity in any firm talked about on this article.