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Meridian Reports Multiple Zones of Mineralization Including 13.4m @ 4.6g/t AuEq at Cabaçal
Commencement of Cabaçal mine-corridor exploration program to test multiple Cu-Au targets ...
About this update from Meridian Mining Plc
[{"type":"text","content":"Meridian Reports Multiple Zones of Mineralization Including 13.4m @ 4.6g/t AuEq at Cabaçal Commencement of Cabaçal mine-corridor exploration program to test multiple Cu-Au targets LONDON, UK / ACCESSWIRE / July 22, 2024 / Meridian Mining UK. S (TSX:MNO)(Frankfurt/Tradegate:2MM)(OTCQX:MRRDF) (\"Meridian\" or the \"Company\") is pleased to announce further intersections of strong Au-Cu-Ag mineralization from its ongoing drill program at its flagship Cabaçal Cu-Au-Ag project (\"Cabaçal\"). Recent drill results have returned strong zones of gold-copper-silver mineralization within the open pit shell1, highlighted by CD-492's 13.4m @ 4.6g/t AuEq (3.1% CuEq) from 73.8m, part of a broader zone grading 35.4m @ 2.2g/t AuEq (1.5% CuEq) from 51.8m. Multiple higher-grade zones of Au-Cu-Ag mineralization grading between 17.0 and 18.6g/t AuEq, including zones of visible gold, are also being reported. Exploration drilling of the mine corridor is commencing with a program to test multiple Cu-Au VMS targets as part of Meridian's strategy to develop the 50km Cabaçal VMS belt. Drilling and resource definition continues at both the Cabaçal and Santa Helena deposits respectively and further assays are pending.Highlights Reported TodayMeridian returns strong Au-Cu-Ag mineralization at Cabaçal grading 13.4m @ 4.6g/t AuEq*;CD-492: 35.4m @ 2.2g/t AuEq (1.5% CuEq*) from 51.8m; Including13.4m @ 4.6g/t AuEq (3.1% CuEq) from 73.8m; including1.1m @ 18.6g/t AuEq (12.5% CuEq) from 85.4m);CD-493 : 6.9m @ 2.0g/t AuEq (1.3% CuEq) from 106.5m;Included a 51cm zone of hosting visible gold grading 17.0g/t AuEq from 109.7m;CD-498 : 8.2m @ 1.7g/t AuEq (1.1% CuEq) from 45.9m;Cabaçal's PFS geotechnical drilling required for mine and mill infrastructure engineering largely completed;Drilling continues at Santa Helena, with a new bore hole geophysics program commenced; andCommencement of mine-corridor Cu-Au-Ag & Zn exploration drill program testing multiple targets.*See technical note for true thickness estimate and separate AuEq and CuEq equations.Mr. Gilbert Clark, CEO, comments: \"Our drilling continues to deliver strong intervals of robust grades at shallow depths as seen by CD-492's 13.4m @ 4.6 g/t AuEq. As we advance towards the mining decision at Cabaçal, these wider zones - up to 35.4m at 2.2g/t AuEq - will become th...