Meeka Metals reported gold production of 7,237oz for the September 2026 quarter, compared with 6,424oz in the June quarter. The company said processing throughput totalled 150kt, while metallurgical recovery averaged 95%.
The company reported 149,462t of ore processed at a 1.6g/t gold mill grade, with 7,279oz of gold sales generating A$44.1 million in revenue. It reported all-in sustaining costs of A$4,147/oz for the quarter.
Meeka said surface infrastructure and portal establishment for the Fairway decline at Turnberry were completed in September, with decline development beginning in early October. The company expects first ore in January 2027, subject to the risks associated with forward-looking statements.
At 30 September, Meeka reported A$51 million in cash. It said tranche one of a two-tranche placement completed on 25 September, with net proceeds of A$30 million received during the quarter; the proposed second tranche remains subject to shareholder approval.
Source: Download MEK official ASX announcement, 2026-10-29.
Photograph of the Fairway decline at Turnberry from Meeka Metals' 29 October 2026 quarterly activities announcement.