Meeka Metals Ltd. has released a corporate presentation detailing ongoing ramp-up activities at its 100%-owned Murchison Gold Project in Western Australia. The company reported a market capitalization of $663 million as of February 2026, with $67 million in cash and gold and no debt. The Murchison Gold Project has a mineral resource of 1.2 million ounces at 3.0g/t gold and an ore reserve of 400,000 ounces at 3.1g/t gold. Production ramp-up is continuing, with underground mining progressing and stoping scheduled to commence late in the June 2026 quarter. The company is targeting reduced all-in unit costs as productivity improves and expects to complete ore development and establish infrastructure in FY26, ahead of planned FY27 production. Positive drilling results are expected to support further open pit production growth. No hedging is in place, allowing full exposure to gold price movements. You can access the full presentation through the link below.
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