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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 TFSAfundson Jun 21, 2023 11:44am
192 Views
Post# 35507299

RE:Podcast

RE:PodcastWhile this all sounds so good, my question is "Why?", at this stage. Do we have a 43-101 on St. Helena? Do we have a PEA on St. Helena? I thought Cabacal was supposed to be the mine! Is this not a major distraction? Why not develop the Cabacal resource and start that mine, then use that revenue to further explore additional mine opportunities? Aren't you tired of funds being raised at these current levels? Clark uses terms like "conservative industry standards", well if industry standards are not followed... you CAN'T REPORT THE RESULTS!!! How often does he use "possibility", "should", "opportunity"? Are these "paid for" promotional chats following every NR not a waste of time? Who's he trying to convince or bring on board with these? Same ol', same ol' ... has no effect on the S/P. 

Why not dedicate all resources to Cabacal... get moving on what's necessary to start that mine or at the very least, expand that resource estimate. That will influence our S/P... not diddling around other distant future targets. Haven't we seen this same approach with the manganese, then the tin? An expression comes to mind... Sh't or get off the pot! If the mission is to start the Cabacal mine... DO IT!!!
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