Bullboard - Stock Discussion Forum 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... see more

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Meridian Mining UK Societas > Any talk about adding drill rigs

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Post by randys1 on Sep 19, 2021 1:41pm

Any talk about adding drill rigs

Are we adding more drill rigs?

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Comment by palfryville on Sep 19, 2021 6:59pm

Gilbert did address this and indicated that he is open to ramping up but..... only after covid has been brought under control. They are comfortable with the three rigs turning now and are able to keep the crews safe and somewhat isolated. Ramping up would bring greater risk than what they are comfortable with right now. He gave the example of bringing in several more rigs with ...more

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Comment by randys1 on Sep 19, 2021 7:17pm

Thanks Palfry. Sounds like hole 66 before 58. That sound correct. How far is hole 66 away. Any holes to report on this week?

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Comment by palfryville on Sep 19, 2021 7:38pm

Yes 66 before 58, not being there I am not sure how close but my understanding is that is is in the "hot" area, same as 58. He said "next week could be interesting" but I am not sure of the context as I was not in the room.... I got the feeling that he felt they would get a look at some core from 66 in the next couple weeks but not assays (which it seems are taking ...more

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Meridian Mining UK Societas