Meeka Metals Limited · ASX:MEK
Meeka Metals — Investor Day (May 2026)
15 slides from Meeka Metals's investor day presentation, May 26, 2026
Slide 1: Long-life asset, extensive new infrastructure, growing production and margin
Long-life asset, extensive new infrastructure, growing production and margin Barrenjoey Emerging Gold Investor Day Presentation May 2026 ASX:MEK meekametals.com.au
Slide 2: Important Information
Important Information Disclaimer Mineral Resources This information contained in this presentation is issued by Meeka Metals Limited (“Meeka” or the “Company”). The The information that relates to the Mineral Resource for Turnberry was first reported by the Company on 6 May 2024. The information con
Slide 3: Long-life asset, extensive new infrastructure, growing production and margin
Long-life asset, extensive new infrastructure, growing production and margin Extensive, new infrastructure in place to support stable, long-life mines $128m1 invested over FY25 and FY26 to establish extensive mining, processing and support infrastructure necessary to deliver a stable, long life (10y
Slide 4: Corporate Overview
Corporate Overview Board Share Price (close 22 May 2026) $/share 0.115 Paul Chapman Non-Executive Chairman Shares on Issue m 2,946 Tim Davidson Managing Director Roger Steinepreis Non-Executive Director Market Capitalisation $m 339 Paul Adams Non-Executive Director Cash (31 March 2026) $m 50 Dan Lou
Slide 5: Period of sustained, aggressive capital investment is tapering and will drive improved margin through FY27
Period of sustained, aggressive capital investment is tapering and will drive improved margin through FY27 Actual / Forecast Quarterly Process Plant Ore Sources Capital investment phase tapering through FY27 Aggressive investment in mines and infrastructure to establish a stable, long life operating
Slide 6: Murchison Gold Project
Murchison Gold Project Site Layout ASX:MEK meekametals.com.au 6
Slide 7: Processing ramp-up ongoing, targeting nameplate in Sep-26 qtr
Processing ramp-up ongoing, targeting nameplate in Sep-26 qtr Production Weather and reduced open pit mining productivity resulted in increased reliance on processing lower grade stockpiles during Mar-26 qtr. Recovery 94% recovery in Mar-26 quarter, in line with DFS estimate. Unit Costs Continuing t
Slide 8: Open pit mining impacted by weather and lower than planned productivity
Open pit mining impacted by weather and lower than planned productivity Production Open pit mining continuing to be impacted by lower than planned productivity and delayed access to high-grade ore. Unit Costs $9/BCM all in open pit mining unit costs in Mar-26 qtr was impacted by lower productivity.
Slide 9: Stage 2 open pits – a significant medium-term opportunity under evaluation
Stage 2 open pits – a significant medium- term opportunity under evaluation Stage 1 oxide open pits optimised at A$2,350/oz Significant opportunity for Stage 2 open pits with open pit resource of ~300koz @ 1.4g/t Au Stage 2 open pits potentially support expanded milling capacity (2-3Mtpa) Growth dri
Slide 10: Positive results from ongoing exploration likely to deliver further resource growth
Positive results from ongoing exploration likely to deliver further resource growth, potentially supporting expanded milling scenario ASX:MEK meekametals.com.au 10
Slide 11: Underground mining continuing to ramp-up successfully
Underground mining continuing to ramp-up successfully Production Ore production currently 100% from development, stoping to commence late in Jun-26 quarter. Unit Costs Unit costs reducing as increased work areas become available productivity improves, targeting <$5,000/m all-in unit costs (currently
Slide 12: Underground mining continuing to ramp-up, will drive meaningful improvement in mill head grade through FY27
Underground mining continuing to ramp-up, will drive meaningful improvement in mill head grade through FY27 Cross Section First 18 Months of Production Mining schedule and capital investment brought forward to de-risk FY27 production plan. Suzie lodes Low capital re-start with existing Judy lodes de
Slide 13: Productivity and production to improve through 2026 as the mine continues to open up
Productivity and production to improve through 2026 as the mine continues to open up and increasing number of work areas become available • Three development drills currently operating at Andy Well, ore driving on the Wilber, and now the Judy lodes. • Stoping on the Wilber lode to commence late in t
Slide 14: Regional exploration – significant organic growth opportunity starting to be tested
Regional exploration – significant organic growth opportunity starting to be tested Large search space The 25km long Archean greenstone belt remains largely untested. Target rich Targeting second order structures off the major regional Boundary Shear Zone. Multiple coincident gold-arsenic pathfinder
Slide 15: Contact
Contact Tim Davidson | Managing Director +61 8 6388 2700 info@meekametals.com.au ASX:MEK meekametals.com.au