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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 TradesIncon Dec 05, 2023 9:15am
125 Views
Post# 35768668

RE:Gold Resource

RE:Gold ResourceCurrent Cabasal NAV is Approx. 1 Billion CDN. Santa Helena RE and PEA due in 2024. If we combine Cabasal PEA update with Santa Helena. NAV potentially becomes $3 Billion CDN at current spot prices. Would be nice if the Feasibility Study can capture this tonnage. Feasibility due out Q2, 2024.  
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