Meeka Metals Powers Up Murchison Plant Ahead of Mid-2025 Gold Start

Murchison Project Nears Key Milestone

Meeka Metals Limited has signaled a significant advance in its Murchison Gold Project with the processing plant upgrade and expansion works now nearing completion. The company has energized the plant following the recent commissioning of its power station, setting the stage for full commissioning targeted for June 2025. This progress aligns with Meeka’s plan to produce first gold by mid-2025, a critical milestone for the project’s development phase.

Mining Operations and Infrastructure Expansion

Open pit mining continues robustly at the St Anne’s North and Turnberry Central sites, with ore stockpiles steadily building in anticipation of processing plant start-up. Concurrently, Meeka has expanded its accommodation village, adding 24 ensuite rooms to bring total capacity to 160. This expansion supports the growing workforce required for simultaneous open pit and underground mining operations, reflecting the company’s strategic push to accelerate ore throughput and grade streaming.

Underground Development Gains Momentum

At the Andy Well underground mine, establishment works are nearing completion. Essential infrastructure such as power and services have been installed, alongside the Stage 1 primary ventilation system. The company plans to commence ore drive development and growth drilling in mid-2025, marking a transition from preparatory activities to active underground mining. Recruitment efforts have been largely successful, with onboarding of skilled personnel continuing to ensure operational readiness.

Strategic Outlook and Financial Context

These operational advances come on the back of Meeka’s Definitive Feasibility Study released in late 2024, which outlined a 10-year production plan averaging 65,000 ounces of gold annually in the first seven years. The study projects strong financial returns, including an undiscounted pre-tax free cash flow of $1 billion and an internal rate of return of 180%. The current ramp-up activities are critical to realizing these forecasts and underpin the company’s growth trajectory.

With the processing plant commissioning imminent and underground mining preparations well underway, Meeka Metals is positioning itself to capitalize on its high-grade resource base in Western Australia. The company’s methodical approach to infrastructure, workforce, and operational readiness suggests a disciplined path toward sustained production.