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Meeka Metals Accelerates Murchison Gold Project with $1B Feasibility Boost
8:18am on Wednesday 29th of January, 2025 AEDT
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Mining
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Meeka Metals Accelerates Murchison Gold Project with $1B Feasibility Boost
8:18am on Wednesday 29th of January, 2025 AEDT
Key Points
Expanded feasibility study shows 31% ore reserve growth and 40% production increase
First gold production expected mid-2025, with open pit mining starting March 2025
Institutional placement raised $35 million, eliminating need for debt or hedging
Significant infrastructure upgrades including new ball mill, tanks, and haul road
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