Meeka Metals (ASX: MEK)

The company reported strong gold grades in the first underground ore from Andy Well, at the Murchison Gold project, Western Australia.

Ore development grade from Andy Well, is exceeding expectation with the lode grading +100 g/t Au in multiple faces.

 

 

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	Meeka Metals	ASX: MEK
	Stage	Development, exploration
	Metals	Gold
	Market cap	A$584m   @  A$0.20
	Location	Near Kalgoorlie, Western Australia
	Website	www.meekametals.com.au

 

Strong Grades in First Underground Ore – Andy Well Underground Development Update . Ore development grade from Andy Well, at the Murchison Gold Project (Murchison), is exceeding expectation with the lode grading +100 g/t Au in multiple faces on the 1350 level, the first ore development level to commence.

 

Meeka Metals Limited  (ASX: MEK) (“Meeka” or the “Company”) is pleased to provide an update on the strong start to underground mining and ore development at Meeka’s first underground mine, Andy Well.

Highlights Underground development commenced at Andy Well in July 2025 with ore development subsequently commencing in September 2025.   Ore development is currently focussed on southern extensions to the Wilber lode where development grade is exceeding expectation but is typical of the high-grade Andy Well mineralisation and often +100g/t Au within the lode.   Wilber 1350 level ore development face grades include: 4.4m @ 14.8g/t Au including 0.3m @ 215.6g/t Au (WLB 1350 200OD_4) 4.2m @ 30.2 g/t Au including 0.4m @ 276.0g/t Au (WLB 1350 200OD_5)  Three levels are currently being developed in ore, four additional levels are planned to come online in the December quarter (total seven levels in ore development by December 2025).   A third development jumbo will start in the December 2025 quarter with ore development planned to increase commensurately.   Gold production and processing throughput continue to increase with the addition of high-grade fresh ore from underground to the blend in October and the Murchison is on track to produce ~3,800oz in October 2025.

Managing Director Tim Davidson said: “These +100g/t gold grades are typical of the Andy Well mineralisation and reinforce the potential grade upside from this mine.   “Historically, there was a positive reconciliation between the mine and the Resource, +23% more gold was recovered from the mine between 2013 and 2017 than predicted in the Resource. , “The grade outperformance we are seeing in this initial ore development supports this. . “While the Resource (500koz @ 8.6g/t Au) has been drilled down to ~800m below surface our focus over the coming 12 months are the shallow lodes, within ~200m of surface, that can be accessed from the existing decline (low capital intensity) and will generate strong cash flow.”

 

To read the full news release, please click HERE

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At the time of writing the author holds shares in Meeka Metals. 

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