Business
Meridian Reports Gold and Base Metal Assays Up to 6.7% CuEq At Santa Helena
Santa Helena intercepts multiple zones of shallow high-grade copper-gold-silver and zinc minerali...
About this update from Meridian Mining Plc
[{"type":"text","content":"Meridian Reports Gold and Base Metal Assays Up to 6.7% CuEq At Santa HelenaSanta Helena intercepts multiple zones of shallow high-grade copper-gold-silver and zinc mineralizationLONDON, UK / ACCESSWIRE / October 23, 2023 / Meridian Mining UK S (TSX:MNO)(OTCQX:MRRDF)(Frankfurt/Tradegate:2MM) (\"Meridian\" or the \"Company\") is pleased to report further strong intercepts of shallow copper, gold, silver, and zinc mineralization at the Santa Helena mine (\"Santa Helena\"). New results include CD-329: 6.8m @ 4.9% CuEq from 38.7m; CD-332: 5.8m @ 4.5% CuEq from 32.2m, and CD-335: 7.2m @ 4.0% CuEq from 35.5m (\"Figure 1\"). Santa Helena is one of many high priority targets within the 55km Cabaçal Volcanic Massive Sulphide (\"VMS\") belt. Locally it is part of a highly prospective open trend, that through drilling, soil surveys, and geophysics has now been extended to over ~3.1km (\"Figure 2\").Drilling continues at Santa Helena and at the Cabaçal mine with further results pending.Highlights Reported TodayFurther shallow high-grade gold and base metals intercepted at Santa Helena;Santa Helena returns near-surface high-grade gold and base metal mineralization:CD-329: 6.8m @ 4.9% CuEq (1.2% Cu, 1.4g/t Au, 52.7g/t Ag & 10.5% Zn) from 38.7m;CD-332: 5.8m @ 4.5% CuEq (1.1% Cu, 0.7g/t Au, 36.0g/t Ag & 10.9% Zn) from 32.2m;CD-335: 7.2m @ 4.0% CuEq (1.5% Cu, 2.1g/t Au, 43.4g/t Ag & 5.4% Zn) from 35.5m;Including:1.7m @ 6.7% CuEq (3.0% Cu, 2.7%g/t Au, 63.6g/t Ag & 8.9% Zn from 36.4m;The prospective and open Santa Helena VMS trend now mapped over ~3.1km; andCabaçal infill and extension drilling continues to deliver robust gold and copper mineralization.True width is considered to be 80 to 90% of intersection width.Mr. Gilbert Clark, CEO, comments: \"The Company is very pleased with the continued flow of strong gold and base metal intersections from Santa Helena at depths within easy reach of a potential open pit development. In addition, our ongoing geophysical program continues to map the prospective VMS target horizon as the survey continues to extend southeast from Santa Helena. Santa Helena's host geology has now been mapped over a 3.1km, and is open along strike and down plunge, delivering more upside to test going forward. Santa Helena is evolving to be a second potential open pitable resource target within the ...