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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 Oct 06, 2023 3:07pm
125 Views
Post# 35673736

RE:Yeah Spin outs from sale !!!sounds leggit LOL

RE:Yeah Spin outs from sale !!!sounds leggit LOLGrimey, Clark's podcast clearly indicates spin-off, but it isn't 100%. Did whoever write that article listen to the podcast? The Rondonia assets have "strategic value as a portfolio of exploration projects". "portfolio" means something owned by a single entity! Would not a spin-off fall into that category and you would still be a shareholder? The "for sale" here is just jumping to an obvious and hasty conclusion based on the initial NR! Let's wait and see! Anyway Grimey, don't get your panties in a knot, there's nothing you can do about it... not to mention nothing you're going to hear about it till it's done! lol
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