Highlights: Meridian drills into a VMS pile hosting massive to semi-massive Cu-Au-Zn & Ag sulphides on the western edge of Santa Helena: CD-651: 33.4m @ 2.0g/t AuEq from 151.0m; Including: 13.1m @ 4.2g/t AuEq from 151.4m; 4.4m @ 6.5g/t AuEq from 214.0m; Santa Helena mine area infill drilling returns more shallow high-grade mineralization; CD-655: 9.9m @ 5.6g/t AuEq from 3.8m; Meridian announces discovery of "open" 2,200m [...]
Meridian Mining UK S is pleased to announce the filing of its independent Pre-Feasibility Study technical report for its advanced Cabaçal Au-Cu-Ag Project located in Mato Grosso, Brazil, with an effective date of March 10, 2025, , in support of the Company's news release dated March 10, 2025 . There are no material differences in the PFS Technical Report from the information disclosed in the News Release. The PFS [...]
Cabaçal 2025 Pre-Feasibility Study Highlights: Meridian delivers exceptional economics from the Cabaçal Pre-Feasibility Study; Base case after-tax NPV5 of USD 984 million and 61.2% IRR; Spot case after-tax NPV5 of USD 1.41 billion and 79.5% IRR; Cabaçal Establishes a Mid-Tier Production Profile: Average annual production of 141,000 AuEq ounces over 10 years; First 5 years production of 178,000 AuEq ounces annually; Low [...]
HIGHLIGHTS: Meridian drills layers of shallow Au-Cu-Ag high-grade mineralization at Cabaçal CD-639: 20.9m @ 6.5g/t AuEq from 95.3m; including: 7.1m @ 9.2g/t AuEq from 104.0m CD-636: 26.6m @ 2.6g/t AuEq from 176.3m including: 15.7m @ 4.1g/t AuEq from 187.2m CD-606: 7.3m @ 5.9g/t AuEq from 78.7m Near surface up-dip extensions of high-grade Au-Cu-Ag mineralization added High-grade gold dominant zone grading up to 56.7g/t Au [...]
HIGHLIGHTS: Meridian drills layers of shallow Au-Cu-Ag high-grade mineralization at Cabaçal CD-639: 20.9m @ 6.5g/t AuEq from 95.3m; including: 7.1m @ 9.2g/t AuEq from 104.0m CD-636: 26.6m @ 2.6g/t AuEq from 176.3m including: 15.7m @ 4.1g/t AuEq from 187.2m CD-606: 7.3m @ 5.9g/t AuEq from 78.7m Near surface up-dip extensions of high-grade Au-Cu-Ag mineralization added High-grade gold dominant zone grading up to 56.7g/t Au [...]
This news release is related to the common shares of Meridian Mining UK Societas. Ithaki Limited announces that it acquired 25,641,025 common shares of the Issuer at a price of $0.39 per Common Share for a total subscription price of $9,999,999.75 through a non-brokered private placement. Immediately prior to the Acquisition, the Acquiror owned and/or had control over an aggregate of 14,285,000 Common Shares, representing [...]
Meridian Mining UK S is pleased to announce that it has closed its previously announced non-brokered private placement of common shares. Pursuant to the Private Placement, the Company has issued 44,187,432 Common Shares at a price of CAD 0.39 for gross proceeds to the Company of CAD 17,233,098. Gilbert Clark, CEO, states: "I would like to thank Meridian's institutional and retail shareholders, both existing and new, for [...]
Meridian Mining UK S is pleased to announce that due to substantial interest, the non-brokered private placement of common shares at CAD 0.39 per Common Share, announced on January 28, 2025, has been increased from CAD 10M to CAD 17M . Pursuant to the Private Placement, the Company proposes to issue up to 43,589,744 Common Shares for gross proceeds of up to CAD 17,000,000. The net proceeds from the Private Placement are [...]
Meridian Mining plans transformational 2025 as an emerging Brazilian copper gold developer Driven by its flagship Cabaçal Au-Cu-Ag VMS mine development and expansion programs Resource growth from the Santa Helena infill and expansion program Belt scale exploration program along 50km Cabaçal VMS Belt CAD 10 million fully subscribed non-brokered financing at CAD 0.39 Subscribed by a single sophisticated European investor [...]
Shallow gold VMS mineralization continues to be defined west of Santa Helena mine Meridian Mining UK. S is pleased to provide a drilling update for the Santa Helena Cu-Au-Ag & Zn deposit . CD-612 has drilled another lateral extension, assaying 58.9m @ 3.6g/t AuEq * , including a higher-grade zone of 26.8m @ 4.1g/t AuEq , in the western gold domain of the Santa Helena deposit . This result extends the localized across [...]
Discovery of gold-rich VMS system creates potential game changing upside for Santa Helena Meridian Mining UK. S is pleased to announce the most significant high-grade gold-rich VMS drill intersection to date from the Santa Helena Au-Cu-Ag & Zn VMS deposit . CD-605 returned a lateral extension of75.6m @ 4.6g/t AuEq / 3.1% CuEq from 32.4m, where the deposit has moved towards hosting a high-grade gold rich VMS domain. CD-605 [...]
20+ intercepts of Cu-Au-Ag mineralization grading higher than 10 gram-meters AuEq Meridian Mining UK S is pleased to announce further strong results from its advanced Cabaçal Cu-Au-Ag project , located in the state of Mato Grosso Brazil. Multiple wide zones of stacked Cu-Au-Ag mineralization overprinted by a later stage gold event, continue to be defined and extended, highlighted by CD-544 assaying: 38.2m @ 3.2g/t AuEq or [...]