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Meridian Mining's Bom Futuro JV Geophysical Program Identifies New Primary Bedrock and Palaeochannel Exploration Targets
Meridian Mining's Bom Futuro JV Geophysical Program Identifies New Primary Bedrock and Pal...
About this update from Meridian Mining Plc
[{"type":"text","content":"\n\n\n\nMeridian Mining's Bom Futuro JV Geophysical Program Identifies New Primary Bedrock and Palaeochannel Exploration Targets\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nAMSTERDAM, The Netherlands, May 30, 2017\n\n\n\nAMSTERDAM, The Netherlands, May 30, 2017 /CNW/ - Meridian Mining S.E. (TSX V: MNO) (\"Meridian\" or the \"Company\"), today provided an update on exploration results from its Bom Futuro tin joint venture in the state of Rondônia, in northwestern Brazil.\n\nHIGHLIGHTS\n\n\nGround orientation surveys identify target for concealed intrusive body underpinning the mineralized veins and pegmatites of the Bom Futuro Hill.\nNear-mine ground penetrating radar surveys confirm signature of undeveloped palaeochannels.\nFirst phase regional surveys identified new palaeochannel targets over the broader licence area. \n\n\"The Bom Futuro Joint Venture presents an outstanding opportunity to apply cutting edge geophysical exploration techniques to a very significant mineral centre,\" said Anthony Julien, President and CEO of Meridian. \"The historical production of 192,000t of tin ranks Bom Futuro as Brazil's second largest tin mine, and the area is yet to receive the full benefits of modern exploration. The results of these initial surveys show great promise for generating new targets to realize the full potential of the broader project area.\"\n\nMERIDIAN GEOPHYSICAL PROGRAM\n\nMeridian concluded a first phase of ground geophysics in March, trialing various methods to assist in the definition of primary bedrock and palaeochannel targets.\n\nThe Brazilian geophysical consultancy AFC Geofisica conducted ground-based gravity, magnetic, and chargeability / resistivity surveys. These surveys covered the northern half of the Bom Futuro Hill and extended northwards, covering an area of ~2km2 (Figure 1). The data has undergone processing by AFC and Company's independent geophysical consultancy Core Geophysics. Core Geophysics also supervised an 80 line kilometre trial Ground Penetrating Radar (GPR) survey, using cutting-edge UltraGPR technology deve...