Meeka Metals Limited’s Post

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#ASXNews Development Update – Approvals and Project Progress Meeka Metals Limited is pleased to advise the approval of the mine dewatering and clearing permits. The Company acknowledges the current high level of permitting activity under assessment by DEMIRS (approximately 400 open applications) and expects the final permit, the open pit Mining Proposal, early in the September 2024 quarter. • Two permits required for the development of the Company’s 100% owned Murchison #Gold Project have been approved.  • A final permit, the open pit Mining Proposal, is expected to be received early in the September 2024 quarter.  • Site works are progressing with infrastructure arriving and the establishment of services and water supply for the camp and administration complex.  • The $2.2M secured, bridging loan facility (ASX announcement, 17 June 2024) has been drawn down, with $1.34M funding the purchase of a camp, administration complex and associated infrastructure including: • 116-person camp; • 200-person change house and ablutions for the Andy Well mining centre; • 36.5m x 14.5m fully fitted-out administration complex for the Andy Well mining centre; • 12m x 9m open pit mining office form the Turnberry mining centre; and • 110kL fuel storage tank. • Full credit approval for a larger project development facility remains targeted for July 2024. • Site activities including relocation and installation of the above infrastructure to ramp up post funding. Commenting on the progress, #MEK’s Managing Director Tim Davidson said: “Pleasingly we have received approval for several activities, with only one permit remaining to transition our Murchison Gold Project from development ready to full execution. Infrastructure and equipment mobilisation to site are ongoing. Preparation works are also underway in anticipation of installing the camp, administration complex, and underground mining change house in July 2024.” See the full announcement: https://bit.ly/3xM0XWK #MeekaMetals #MiningNews #ASX

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