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Meridian Announces Discovery of New Gold-Silver System at Cabaçal
CD-139 and Trench 20 are part of a significant new precious metal system LONDON, UK / AC...
About this update from Meridian Mining Plc
[{"type":"text","content":"Meridian Announces Discovery of New Gold-Silver System at CabaçalCD-139 and Trench 20 are part of a significant new precious metal systemLONDON, UK / ACCESSWIRE / June 21, 2022 / Meridian Mining UK S (TSX:MNO)(Frankfurt:2MM)(OTCQB:MRRDF) (\"Meridian\" or the \"Company\") is pleased to announce that drilling has discovered a significant new gold-silver system at the C4-A prospect, 2km southeast of the Cabaçal Mine. This system's surface expression was initially defined by Trench 201. The Company is also reporting further assay results from the ECZ, CCZ, SCZ & CNWE zones2 from its ongoing drill program at the Cabaçal copper-gold VMS project (\"Cabaçal\") located in Mato Grosso Brazil.Three surface drill rigs and four drill crews are currently confirming, infilling, and expanding the extensive near-surface copper-gold mineralization of the Cabaçal Mine. Referenced images are presented at the end of this release as well as on the Company's website. Further results are pending.Highlights Reported Today:Meridian announces discovery of major new gold-silver system at C4-A, only 2km southeast of the Cabaçal Mine, opening a new resource development prospect for the Cabaçal project;26.4m @ 0.6g/t Au & 25.2g/t Ag from 56.2m (CD-139) - C4-A Discovery Hole;Discovery follow up CD-142 a 50m step-out to the northwest of CD-139 has intersected a 150m alteration zone with assays pending;Discovery hole is down dip from Trench 20's 44.0m @ 1.5g/t Au;Infill-drilling reported today from Cabaçal, confirms, and extends thick layers of strong copper-gold mineralization and into areas sparsely covered by historical drilling;50.6m @ 0.9% CuEq* (0.5% Cu, 0.5g/t Au & 2.8g/t Ag) from 49.0m (CD-115) - CCZ;Including 11.0m @ 1.7% CuEq (1.3% Cu, 0.5g/t Au & 8.3g/t Ag) from 88.1m;31.0m @ 0.7% CuEq (0.4% Cu, 0.2g/t Au, 2.5g/t Ag & 0.4% Zn) from 55m (CD-117) - ECZ;Including 16.8m @ 1.0% CuEq (0.6% Cu, 0.4g/t Au, 3.1g/t Ag & 0.5% Zn) from 59.0m;67.5m @ 0.5% CuEq (0.4% Cu, 0.1g/t Au & 1.3g/t Ag) from 3.1m (CD-119) - ECZ;and 17.6m @ 1.3% CuEq (0.8% Cu, 0.7g/t Au, 3.3g/t Ag & 0.4% Zn) from 81.4m;24.5m @ 0.6% CuEq (0.4% Cu, 0.2g/t Au & 1.1g/t Ag) from 39m (CD-125) - ECZ; andSoil sampling program extends CNWE's surface footprint by 300m to 1,250m, remains open.Dr Adrian McArthur, CEO and Presiden...