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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 14, 2023 12:13am
119 Views
Post# 35683363

RE:Thriller

RE:ThrillerI'm thinking we should still have around $10 million sitting in the coffers, so fortunately, we don't have to raise any funds in the short term. Next year, yes, but in the meantime we should get an update on the Cabacal resource, a revised PEA and the first Santa Helena resource estimate. Here's hoping that those three releases do something to the dire straits we find the S/P in. If not, it's most definitely time to get rid of the BoD and most of the management crew! If the current PEA is so f'cking fabulous with regard to Capex and ROI, why aren't the majors tripping over each other to buy us out. Why is it that the PEA only impresses us, no one else???
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