Key appointment and project development update

Meeka Metals Limited (ASX: $MEK) has appointed Matthew O'Hara as the Senior Site Executive to lead the operations team for its 100% owned Murchison Gold Project. The company is progressing with the development of the project, including finalizing credit approved documentation for a larger secured project development facility, relocating infrastructure, and planning to increase processing capacity with a targeted update in the December 2024 quarter.

Executive commentary on key appointment and project progress

It is a significant achievement to secure highly regarded mine builder and operator, Matthew O'Hara, to the team and to lead the Murchison through development and into production. Having worked with Matt at Silver Lake, I have firsthand experience of his ability to execute and it is great to have him onboard. Infrastructure and equipment mobilisation to site continues and will accelerate in the coming weeks with implementation of the larger project development credit facility.

Project outlook and future milestones

Meeka Metals has made a key appointment in Matthew O'Hara to lead the Murchison Gold Project, demonstrating its commitment to project development. The company is progressing with infrastructure and equipment mobilization, with plans to relocate a larger ball mill to the site and update the production plan for increased processing capacity. The targeted milestones for the project include finalizing credit approved documentation, construction of a haul road, relocation of infrastructure, commissioning of infrastructure, and a DFS update for the increased processing capacity. Meeka Metals aims to commence open pit mining in the first quarter of 2025 and establish services to the high-grade Andy Well underground mine. The company's forward-looking statements emphasize the uncertainties and risks involved in future operating results and financial position.