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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 TFSAfundson Jul 05, 2017 5:30pm
128 Views
Post# 26437120

What about...

What about...the $12 million we must spend over the next few years to maintain our
options on the tin leases? What about the cost of that electrical grid we
are now committed to build? What about the cost of a plant to process
those tin tailings? What about the cost to upgrade RM to 30,000 tonnes?
We're talking $20++ million here. Our track record of getting financing from
anywhere but Sentient is not stellar! We had best hope that some pretty
impressive resource estimates are forthcoming or we'll be sitting at over
300 million shares... (assuming we still hold shares in this company!)
Bullboard Posts