Company Profile
Meeka Metals Limited (ASX:MEK) owns and operates the Murchison Gold Project, situated 50km north of Meekatharra in Western Australia\'s Murchison Gold Fields.
The project hosts a high-grade 1.2Moz at 3g/t Au Mineral Resource with both open-pit and underground mining operations feeding a central processing plant. Gold production commenced in July 2025, with operations rapidly ramping up.
The project's Definitive Feasibility Study (released December 2024) defines a 10-year production plan and strong economics, including peak annual production of 76,000oz, average annual production of 65,000oz over the first seven years, undiscounted pre-tax free cash flow of $1 billion, an NPV8% of $616 million, and an impressive 180% IRR (at A$4,100/oz gold price).