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Meridian Mining UK Societas T.MNO

Alternate Symbol(s):  MRRDF

Metals & Mining Industrial Metals & Minerals
Meridian Mining UK S is focused on the acquisition, exploration, and development activities in Brazil. The Company is currently focused on resource development of the advanced Cabaçal VMS gold-copper project, the regional scale exploration of the Cabaçal VMS belt, the exploration in the Jaurú & Araputanga Greenstone belts all located in the state of Mato Grosso and exploring the Espigão polymetallic project in the State of Rondônia Brazil.


TSX:MNO - Post by User

Meridian Mining UK Societas > Yeah Spin outs from sale !!!sounds leggit LOL
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Post by Grimey2on Oct 06, 2023 1:59pm
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Post# 35673595

Yeah Spin outs from sale !!!sounds leggit LOL

Yeah Spin outs from sale !!!sounds leggit LOL

Meridian Mining puts for sale non-core Brazil assets

Bnamericas
Prospecting, exploration and extraction of mineral resources Manganese Gold Silver Tin 
Meridian Mining puts for sale non-core Brazil assets

Brazil-focused Meridian Mining put up for sale some of its non-core assets as it is planning to concentrate on developing its Cabaal gold-copper-silver project.

The assets up for sale are the Espigo polymetallic project, the Ariquemes tin project and the Mirante de Serra manganese project, all in northern Brazil’s Rondnia state.

Capex for Cabaal, in Mato Grosso state, is put at US$180mn.

“We view these non-core assets as having strategic value as a portfolio of exploration projects hosting future facing metals in Brazil. The strategic review will allow Meridian to focus solely on the advanced stage Cabaal deposit and adjoining portfolio of copper-gold exploration prospects in Mato Grosso," CEO Gilbert Clark said in a statement.

 

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