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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 randys1on Mar 13, 2024 11:17am
101 Views
Post# 35930548

RE:RE:RE:Copper enjoying a nice run

RE:RE:RE:Copper enjoying a nice runPatience Grasshopper.  LOL.  Confusious say you cant score a goal if you pass the puck..

Well while the paint continues to dry on our share price the sensitivity table from the PEA produces some nice numbers with 2150 Gold and 4.50 copper which are more than reasonable in the upcoming 52 weeks hell maybe Copper 4.50 by end of year.

NPV -953 million US and IRR of over 80%.   

Gilbert and mgmt working hard.  The stars are aligning I believe, but slowly..
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