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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

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Post by TFSAfundson Sep 26, 2018 11:36am
88 Views
Post# 28693223

Should have stuck with John Harper... lol

Should have stuck with John Harper... lol

Maxtech Provides Update on All Brazilian Assets

 

New Joint Venture to Be Formed


Vancouver, British Columbia (FSCwire) - Maxtech Ventures Inc. (CSE: MVT) (Frankfurt: M1N) (OTC: MTEHF) (“Maxtech” or the “Company”) today provides an update on the Company’s strategic mineral asset projects in Brazil.

Peter Wilson, CEO Maxtech stated “We are pleased to bring our shareholders an update on our flagship assets in Brazil. Manganese and vanadium are globally high-value strategic metals. We will continue to build on our strategic metal asset base in Brazil as opportunities arise. Our current off-take partnerships stand ready to assist.”

Brasnorte Manganese Project: Juna, State of Mato Grosso / Trial Mining License Update

The Brasnorte project assayed results of high-grade manganese between 51.4% to 55.9% over 4 mineral claims totaling 40,000 ha remain the Company’s focus in the area. MLB DE Nogueira, our in-country asset and exploration management team, will be traveling today to Cuiab to meet with the Departamento Nacional de Produo Mineral (“DNPM”) to discuss the final stages of approval of the trial mining license (Guia) in order obtain the environmental and operating licenses that the Company needs  to further its exploration and trial production initiatives. The Guia documentation details how mining the manganese claims will be determined, using backhoes, rippers, draglines and other equipment. Once the first Guia is approved, Maxtech will coordinate the filing of the next Guia submissions on the remaining claims, so that the entire area in the Brasnorte Project can begin production.

Vanadium: Maracs, State of Bahia

A total of 3500 hectares located in the eastern state of Bahia close to Largo Resources’ producing Maracs Menchen Vanadium Mine and their Campbell pit deposit, were acquired on July 20th, 2018. The Company’s Brazilian based geologist and his vanadium experienced research team will be traveling to Bahia beginning the next stage of research on the claims. There are additional areas of interest in the area which Maxtech is presently investigating.

New Business

Santana do Pirapama, Minas Gerais

Maxtech has signed a non-exclusive letter of interest in Minas Gerais to joint venture with a Brazilian based company on claims where manganese mineralization has been proven under DNPM No. 830.839/2014. The Claimholders Group and the potential joint venture partner have filed for a Guia trial mining license. Maxtech and its in-country partners are assessing the project.

About Maxtech Ventures Inc.

Maxtech Ventures Inc. is a Canadian-based diversified industries corporation focused primarily on manganese and strategic mineral properties.


Read more at https://www.stockhouse.com/news/press-releases/2018/09/26/maxtech-provides-update-on-all-brazilian-assets#RyeEG3ET66GbdY7z.99

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