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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 > Numbers
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Post by TradesIncon Oct 20, 2023 11:07am
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Post# 35692977

Numbers

NumbersTFSA. It has to be noted that your favorite stat is at an All Time High...lol. Gold in $CDN Terms last traded at $2,728 Oz. But I digress. Cabasal first year all in cost is $600 US to produce. At current Gold Price. $1400 US Profit Per Oz. Estimated first year production at Cabasal 200,000 OZ.  Almost $300 Million US Profit first year. MNO has to be the cheapest stock on the TSX. IGWT!
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