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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 lechmeiron Dec 02, 2023 10:42pm
83 Views
Post# 35765576

RE:RE:Metal prices

RE:RE:Metal prices

"Recall that we did the same price watching with manganese and then with tin"

OK..  Well, I did not.

At this point we have an RE and a PEA, both of which are pretty robust, and due to be updated.  These are the basic deliverables that were never delivered with the manganese or tin... Don't get me started on the diamonds, as they didn't really exist.

Mark Twain (an American writer) once quipped that a gold mine or an oil well was basically a hole in the ground with a liar on top.  Isn't that what your Instrument 43-101 was designed to change?

Sentient failed with the manganese.  They just didn't find what they had hoped for.  It's not like they walked off with the goods and the money.  They thought they had something there.  They did not.  I don't see where they had the appetite to try with the tin.

That's not where we are right now.  I'm as cynical as you are, but I don't think this is the same.

If it doesn't work out, I'll be happy to admit I was wrong.

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