Meridian Mining Se (TSE:MNO) has released an update.
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Meridian Mining has announced promising results from its Cabaçal copper-gold-silver VMS project in Brazil, with a significant drill intercept reporting 16.0m at 12.5g/t AuEq, including a high-grade segment of 6.4m at 30.6g/t AuEq. These findings are part of an ongoing pre-feasibility study infill drill program aiming to test and confirm historical drilling data. The results demonstrate the potential for substantial mineralization beyond previously mined areas, indicating a promising outlook for resource conversion and value generation for shareholders.
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