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Meridian Mining UK Societas T.MNO

Alternate Symbol(s):  MRRDF

Meridian Mining UK Societas is focused on development and exploration of the advanced stage Cabacal VMS gold-copper project, regional scale exploration of the Cabacal VMS belt and exploration in the Jauru & Araputanga Greenstone belts (the above all located in the state of Mato Grosso, Brazil). The Cabacal Project has licenses covering approximately 50 kilometers (km) of the 55 km VMS belt. The Espigao Project is located on the southwest margin of the Amazon Craton, in the western margin of the Proterozoic Rondonia-Juruena Province. The Company’s Espigao Project covers an area of 72,800 hectares. The Company holds mineral rights totaling 55,559 Ha in the Mirante da Serra Project. The licenses cover an area with an intracratonic basin in the Amazon Cratin, emplaced over crystalline basement rocks of the Jamari metamorphic complex and Mesoproterozoic Rapakivi granites. Its Ariquemes Tin Project comprises a land package in Brazil.


TSX:MNO - Post by User

Bullboard Posts
Comment by BC_Buddon Feb 02, 2012 3:07pm
218 Views
Post# 19481627

So in summary...

So in summary...

Wow - big news! But who's writing these things!!! In summary...

Cancana will start review of Valdirao Claim 6 (to hopefully establish a (43-101) report) at some point. Here's why...

In 2011 Cancana hired a local prospector to explore the claim. This 'prospector' suggested another look by a 'qualified person'.

Andris Kikauka - a 'qualified person' - took another look and saw manganite and pyrolusite laying around, as well as in situ (?) in some holes. Rocks that he grabed have graded up to 64% manganese & average 52%.

Mr. Kikauka will dig more holes where Christopher Morgan - a mining engineer and director of Cancana - tells him to, and then prepare a 43-101 report.

Once all this is done - and once they have received a permit, Cancana will look to commence trial mining.

 

Bullboard Posts