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Meridian Assays Significant High-Grade Gold Zone of 26.5m @ 4.2g/t Au from 14.0m
LONDON, UK / ACCESSWIRE / November 21, 2022 / Meridian Mining UK. S ( TSX:MNO ), (Frankfurt/...
About this update from Meridian Mining Plc
[{"type":"text","content":"Meridian Assays Significant High-Grade Gold Zone of 26.5m @ 4.2g/t Au from 14.0mLONDON, UK / ACCESSWIRE / November 21, 2022 / Meridian Mining UK. S (TSX:MNO), (Frankfurt/Tradegate:2MM) (OTCQB:MRRDF) (\"Meridian\" or the \"Company\") is pleased to report further assays from drilling at the Cabaçal gold-copper VMS deposit (\"Table 1\"). CD-205 has returned 54.9m @ 2.1g/t Au, 0.1% Cu & 0.5g/t Ag from 12.3m depth including 26.5m @ 4.2g/t Au, 0.1% Cu & 0.2g/t Ag from 14.0m depth within Cabaçal's Northwest Extension's (\"CNWE\") high-grade zone (\"Figure 1\"). CD-205's broad gold zone hosts multiple veins with visible gold grading up to 73.6g/t Au. This result confirms that the shallowest horizons of the Cabaçal resource area host strong potential for further gold-copper mineralization (\"Figure 2\") and were not adequately assayed or tested via historical drilling. Additionally, Meridian is pleased to confirm a new shallow high-grade mineral trend (\"Figure 3\") completely outside the Cabaçal resource limits[1] with the final assays from CD-193, now including a new zone grading 9.3g/t Au & 3.0% Cu over 0.35m from 55.6m. Further assays from ongoing drilling at the Cabaçal project are pending.Highlights Reported Today[2]CD-205 assays significant shallow gold zone within the Cabaçal Northwest Extension;Ongoing assay results confirm further near-surface upside in areas not predicted by historical wide-spaced vertical drilling;Meridian defines over 1,000m of internal higher-grade trends to drill;Final assays for CD-193 confirm a strong new shallow Cu-Au corridor for follow-up drilling; andCD-193 is open, has over 500m of strike potential, and is down plunge from a strong and extensive surface Au in soil anomaly.Dr. Adrian McArthur, CEO and President comments: \"CD-205 demonstrates a clear example of how shallow high-grade mineralization is better delineated via the ongoing infill program using angled holes, and also just how much of Cabaçal's shallowest zones remain essentially untested. This represents a significant opportunity for Meridian to expand and upgrade the Cabaçal resource, as well as having over 1,000m of additional higher grade internal and external zones to infill and extend from.\"Cabaçal's Infill and Extensional Drill ProgramDrilling at Cabaçal continues to focu...