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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

Comment by Maybenow20on Dec 17, 2021 8:37am
98 Views
Post# 34239871

RE:RE:RE:RE:RE:Hole 075 was obviously a whiff too.

RE:RE:RE:RE:RE:Hole 075 was obviously a whiff too.I thought that the PR dated November 29 was clear on hole 075... I quote...

The Company is concluding a third hole targeting the Cabaal West electromagnetic (“EM”) anomaly. Drilling has intersected localized Cu-Au-Ag stringer mineralization and late – stage quartz vein overprinting structures with minor Zn-bearing stratiform sulphide horizons; typical of VMS alteration halos. CD-075 intersected a deformed and altered meta-felsic volcanic in a higher-than-expected position. The Company is encouraged by the level of alteration seen but it is yet to intersect a coherent massive Cu/Zn/Pb sulphide source associated with Cabaal West’s conductors. The three closely spaced holes show highly variable geology and coupled with the high-strain tectonic environment indicates a more complicated geology of folding / faulting of the host stratigraphy and boudinage of associated sulphides (as seen in the Cabaal and St Helena mines). This maybe be further influenced, by the complexity of the host volcano-sedimentary environment (with domal intrusions). As Cabaal West’s EM conductors are linear (Maxwell Plates) modelled by the strongest conductive units. These linear EM conductors are unable to replicate the geometry of the deformed host geology encountered by CD-058, CD-066 & CD-075 so more accuracy and information is needed to do so.

It seems to be a very complex geological environment compared to the rest of the area... an EM plate is not really a plate when it's deformed, folded, sheered, faulted... so not all negative...
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