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Meridian Mining UK Societas T.MNO

Alternate Symbol(s):  MRRDF

Metals & Mining Industrial Metals & Minerals
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

Meridian Mining UK Societas > Lol ....... quit tickling it for a few shares .......
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Comment by FreddieSanfordon Feb 26, 2021 12:50pm
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Post# 32672061

RE:RE:Lol ....... quit tickling it for a few shares .......

RE:RE:Lol ....... quit tickling it for a few shares .......TFSAfunds, comparables? It's about looking at one deal and seeing if there is anything relatable that can be gleaned from it.

Mt.Milligan needed over $1,600,000,000 to get into operations ........... and the tonnage there was many many many multiples of Cabacal's historical numbers.

Cabacal gold is lower but copper is higher.

I'm more interested in the cost to build the mine and whether a mid-tier would have the prowess to do anything like what Mt. Milligan required or is Cabacal way less onerous in that department?

What do you think?
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