Meeka Metals Limited · ASX:MEK
Meeka Metals — Shareholder Meeting (November 2025)
16 slides from Meeka Metals's shareholder meeting presentation, Nov 25, 2025
Slide 1: Set for growth
AGM Presentation 25 November 2025 Set for growth meekametals.com.au ASX:MEK
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: FY25 – a strong year of development and growth
FY25 – a strong year of development and growth We received final regulatory permitting, funded and successfully developed Meeka’s first gold mine, the First mine development Murchison Gold Project, on time and within 12 months. First gold production We poured first gold on 1 July 2025, only 9 months
Slide 4: Capital Structure
Capital Structure $0.30 120.0 $0.25 100.0 $0.225 2,930m Price ($/share) Volume (m) $0.20 80.0 share price $0.15 60.0 (24 November 2025) shares $0.10 40.0 $0.05 20.0 $659m 13m $- - market cap options Ownership $59m 5% cash nil Board & Management (30 September 2025) debt 49% 51% Institutional Other Ho
Slide 5: Leadership
Leadership Have done it before and are well aligned (have invested $4m in the Company to date). Board Management Paul Chapman Chris Davidson - Chief Operating Officer Non-Executive Chairman MINING ENGINEER ACCOUNTANT Mine manager for Silver Lake Resources responsible for developing their newest Char
Slide 6: Murchison Gold Project
Murchison Gold Project Site Layout. ASX:MEK meekametals.com.au 6
Slide 7: Processing ramp-up on track, targeting ~600ktpa
Processing ramp-up on track, targeting ~600ktpa Ability to further expand processing capacity. Higher capacity secondary crusher Expansion study underway, targeted for Jun-26 quarter release. New cyclone structure and gravity gold circuit 2x new 600m3 CIL tanks Larger 750kW ball mill Upgraded gold r
Slide 8: Processing ramp-up in line with plan
Processing ramp-up in line with plan Production Processed ore tonnes 14% above DFS ramp-up plan in Sept-25 quarter. Unit Costs Processing unit costs 19% below DFS estimate ($43/t in Sept-25 quarter). Should trend lower as throughput continues to increase. Recovery Recovery averaging 98% in Sept-25 q
Slide 9: Open pits accelerated and growing
Open pits accelerated and growing Three pits now in production. Third mining fleet mobilised in July 2025 to accelerate open pit production. Fleet now operating at targeted production levels, ore stockpiles building. Meeka’s second underground mine at Turnberry commencing in the Jun-26 quarter follo
Slide 10: Open pit mining accelerated and performing well
Open pit mining accelerated and performing well Production 3 open pits currently in production, 2 new pits starting in FY26. Unit Costs $8.20/BCM all in open pit mining unit costs tracking in line with DFS estimate. Production Third open pit mining fleet (200t digger + trucks) mobilised in July 2025
Slide 11: Positive drilling results likely to deliver further open pit production growth
Positive drilling results likely to deliver further open pit production growth Total open pit Mineral Resource 360koz @ 1.4g/t Au (86% M&I). Stage 1 oxide open pits produce 55koz @ 2.6g/t Au (optimised at $2,350 AUD/oz). Significant opportunity to expand open pit production and the Resource with dri
Slide 12: Development commenced in July 2025 months ahead of plan
Development commenced in July 2025 12 months ahead of plan Mining schedule brought forward to de- risk FY26 and FY27 production plan. Cross Section First 18 Months of Production Portal infrastructure setup Suzie lodes Judy lodes Low capital re-start with existing decline to ~500m below surface. Wilb
Slide 13: Underground mining ramping up successfully
Underground mining ramping up successfully Production Owner-operator mining by Meeka is working well and ramping up, 3rd development jumbo commencing in Dec-25 quarter. Unit Costs Owner-operator underground mining is providing greater operating flexibility and a cost advantage over contract mining.
Slide 14: Andy Well Growth
Andy Well Growth Open down plunge, drilling from underground platforms starting in 2025. 14
Slide 15: 25km Long Archean Greenstone Belt
25km Long Archean Greenstone Belt Significant organic growth opportunity at Gnaweeda. Gnaweeda belt remains largely untested. 25km contact with major regional structure (Boundary Shear Zone). 90% of the greenstone belt has no drilling or ineffective, broad spaced reconnaissance RAB drilling from 199
Slide 16: Contact
Contact Tim Davidson | Managing Director +61 8 6388 2700 info@meekametals.com.au ASX:MEK meekametals.com.au