Meridian Mining SE (TSE:MNO) has released an update.
Meridian Mining SE reports promising results from its ongoing shallow drilling programs at the Santa Helena and Cabaçal projects in Brazil, with significant mineralization intercepts indicating potential for open-pit development. The company is advancing environmental and metallurgical studies to optimize production, with over 50,000 meters drilled at Cabaçal contributing to an extensive project database. These developments underscore Meridian’s strategy to establish the Cabaçal VMS belt as a long-term multi-decade producer of high-grade copper and precious metals concentrates.
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