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Meeka Metals secures $40 million for underground gold growth

9:26am on Friday 25th of September, 2026 AEST • Mining
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Meeka Metals secures $40 million for underground gold growth

9:26am on Friday 25th of September, 2026 AEST
Key Points
  • $40 million net institutional placement at $0.10 a share
  • Funding directed to Turnberry underground development, Mt Holland consideration and growth drilling
  • Provisional September-quarter gold recovery of 7,000 to 7,500 ounces
  • Expected cash balance of approximately $50 million after Tranche One
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