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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
Post by Silverado1on Mar 26, 2014 9:51pm
224 Views
Post# 22373465

Waiting again

Waiting againThought I would do some dreaming.  Was looking back at the 43-101 report on the Valdirao.  35,000 tons over 4.4 hectares, approx 8000 tons/hectare.  When the deal is done (not if, positive thinking) we should be cresting 140,000 Hectares (including Jaburi) in total Manganese bearing land mass.  Being conservative, say only half of that land mass is worth mining, 70,000 hectares.

70,000 hectares x 8,000 tons/hect = 560,000,000 tons

560,000,000 tons  x  $ 200/ton  =    $ 112,000,000,000
 
Even thinking on the low side of things, it doesn't take long to add up.
Bullboard Posts