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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 Jan 19, 2025 7:40am
80 Views
Post# 36410819

RE:RE:RE:RE:RE:RE:Q1 2025

RE:RE:RE:RE:RE:RE:Q1 2025

The review is great.  LOM will be shorter I believe with move to 4.5 mpta in year 4-5 which will be reflected in the PFS. When they add Santa Helena to the FS LOM one would believe will increase. 

Even though LOM is shorter the economics will be much better with shorter LOM in PFS. Now if the all the drilling done since PEA has increased the total resource maybe LOM does not decrease from PEA even with larger throughput.

mgmt needs to figure out the share price and seller manipulation.  Not later but now. 

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