Meridian Drills High-Grade Mineralization Visible Gold Zone Intercept Returns 6.4m @ 30.6g/t AuEq From 53.3m Depth
LONDON, UK / ACCESSWIRE / May 7, 2024 / Meridian Mining UK. S (TSX:MNO),(Frankfurt/Tradegate:2MM)(OTCQX:MRRDF) ("Meridian" or the "Company") is pleased to provide an update on its drilling and exploration activities at its advanced Cabaal copper-gold-silver VMS project ("Cabaal") in Mato Grosso, Brazil. Drill hole CD-470 has returned a zone of high-grade mineralization grading 16.0m @ 12.5g/t AuEq[1]Meridian Mining UK S (12.1g/t Au, 0.3% Cu & 0.6g/t Ag) including a high-grade zone hosting visible gold grading 6.4m @ 30.6g/t AuEq (29.9g/t Au, 0.5% Cu & 1.0g/t Ag) from 53.3m ("Figure 1"), within the Cabaal Mine's Southern Copper Zone ("SCZ"). CD-470 is part of an ongoing program[2] aimed at testing visible gold-rich areas within historical drilling records but with incomplete assay data, which were not incorporated into the Cabaal Mineral Resource Estimate[3]. Importantly, CD-470 is located below a mining void, confirming that zones of significant mineralization remain. Results are progressively being returned from the ongoing Pre-Feasibility Study's[4] ("PFS") infill drill program. Further results are pending.
Meridian Drills High-Grade Mineralization Grading 16.0m @ 12.5g/t AuEq at Cabaal (accesswire.com)