Meeka Gold Limited (AU:MEK) has released an update.
Meeka Gold Limited has made a strategic acquisition of essential infrastructure for its Murchison Gold Project at a significant discount, which will expedite the project’s development. The company has arranged a $2.2M bridging loan to finance this purchase and its subsequent relocation, with full credit approval for a larger project development facility expected soon. This move is set to considerably reduce capital expenditures while advancing towards the projected 9-year production plan with robust financial projections.
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