Business
Meridian Drills Copper Dominated Layers of Ore Grading 28.6m @ 3.5 g/t AuEq (2.6% CuEq) at Cabacal
Highlights: Meridian drills more multiple stacked layers of shallow high-grade Au-Cu-Ag ore a...
About this update from Meridian Mining Plc
[{"type":"text","content":"Meridian Drills Copper Dominated Layers of Ore Grading 28.6m @ 3.5 g/t AuEq (2.6% CuEq) at CabacalHighlights:Meridian drills more multiple stacked layers of shallow high-grade Au-Cu-Ag ore at Cabaçal;— CD-702: 28.6m @ 3.5g/t AuEq (2.6% CuEq) from 127.6m; including:3.9m @ 6.1g/t AuEq (4.5% CuEq) from 136.7m;2.8m @ 9.4g/t AuEq (6.9% CuEq) from 143.8;1.8m @ 5.7g/t AuEq (4.3% CuEq) from 149.1m;2.8m @ 9.0g/t AuEq (6.7% CuEq) from 155.9m;Multiple zones of high-grade copper with peak grades assaying 10.6% Cu and 11.0% Cu;— CD-693: 14.3m @ 2.9g/t AuEq (2.1% CuEq) from 77.3m; including:2.3m @ 9.4g/t AuEq (7.0% CuEq) from 86.5m;— CD-678: 19.6m @ 2.0g/t AuEq (1.5% CuEq) from 67.4m;Drill results continue to be consolidated for the final stage of grade and density modelling for Cabaçal’s DFS;Exploration results indicate a potentially northern structural repeat of Santa Helena § Exploration programs continue to advance with two new exploration licences granted;— Including the permit for Cabaçal’s copper prospect “Alvorada” now open for exploration.London, United Kingdom--(Newsfile Corp. - July 9, 2025) - Meridian Mining UK S (TSX: MNO) (FSE: 2MM) (OTCQX: MRRDF) (\"Meridian\" or the \"Company\") is pleased to report the delineation of multiple stacked layers of Au-Cu-Ag ore, drilled at its advanced Cabaçal Au-Cu-Ag VMS project (\"Cabaçal\"). Results included CD-702's 28.6m @ 3.5g/t AuEq (2.6% CuEq) from 127.6m, in the more sparsely drilled southeastern sector of the Cabaçal PFS1 open-pit. Stronger than expected zones of copper ore have been encountered here that are expected to improve local grade continuity. Today's results provide further data to improve both grade and density modelling, as Cabaçal DFS's infill drilling program nears its final stages. Drilling continues and more results are pending.The Company has been granted two exploration licences (866.261/2021 and 866.753/2022). This opens up the Cabaçal belt's untested historical copper anomaly Alvorada2 to its first modern exploration program.Mr. Gilbert Clark, CEO, comments: \"Our infill program continues to delineate southeasterly projections of strong copper and gold ore within the PFS's open-pit model. These results will locally improve the ore grades but also the density...