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Meridian Reports New Trends of Gold and Copper Mineralization at Cabaçal

CNWE's drills new intervals grading up to 70.1 g/t gold and 6.2 % copper LONDON, UK / AC...

articleMeridian Mining PlcOctober 19, 20223/company/meridian-mining-uk-societas/news/meridian-reports-new-trends-of-gold-and-copper-mineralization-at-cabaandxe7al
Meridian Reports New Trends of Gold and Copper Mineralization at Cabaçal

About this update from Meridian Mining Plc

[{"type":"text","content":"Meridian Reports New Trends of Gold and Copper Mineralization at CabaçalCNWE's drills new intervals grading up to 70.1 g/t gold and 6.2 % copperLONDON, UK / ACCESSWIRE / October 19, 2022 / Meridian Mining UK S (TSX:MNO)(Frankfurt/Tradegate:2MM)(OTCQB:MRRDF), (\"Meridian\" or the \"Company\") is pleased to report further assays from the Cabaçal gold-copper VMS deposit (\"Table 1\"). Down-dip resource drilling has intercepted new strong gold-copper trends within the CNWE area, while infill drilling has continued to confirm the high-grade near-surface gold trend within the Indicated Resource envelope, designed to enhance its level of confidence in the evaluation of high-grade starter pits. Today's results include a new copper enriched trend within Cabaçal's Northwest Extension (\"CNWE\") located outside of the current Cabaçal Resource[1] model (\"Figure 1\") with one of the new gold-copper zones also overprinted by a new high-grade open gold structure. Further assay results are pending.Highlights Reported Today[2]Meridian drills multiple new high-grade gold veins and copper-gold layers at Cabaçal;Extension drilling defines new gold-copper rich trend with localized gold overprint;New trend graded 13m @ 3.4 g/t Au, 0.9% Cu, & 5.1 g/t Ag from 50.4m (CD-171);Intervals of 6.2% Cu over 0.7m and 27.7 g/t Au over 0.3m;CNWE extensional drilling hits new high-grade gold trend while infill drilling confirms the near-surface high-grade gold trend (\"Figure 2\");New down-dip high-grade gold trend drilled at the limit of the Indicated Resource;8.8m @ 4.8 g/t Au, 0.2% Cu and 0.8 g/t Ag from 46.7m (CD-194);Peak gold interval graded 70.1 g/t Au over 0.35m from 52.87m;Infill drilling confirms CNWE's shallow high-grade gold trend within the Indicated Resource envelope;28.4m @ 1.0 g/t Au, 0.2% Cu & 0.4 g/t Ag, from 23.5m (CD-185), including;4.3m @ 4.6 g/t Au, 0.1% Cu and 0.3 g/t Ag from 37.0m;Extension drilling intercepts further strong zones of copper enriched VMS mineralization within the CNWE (\"Figure 3\");Up-dip trend graded: 15.6m @ 0.8% Cu, 0.2 g/t Au & 1.1 g/t Ag from 42m (CD-193);Intervals of 6.0% Cu over 0.4m, 4.4% Cu over 0.35m and 3.8% Cu over 0.8m; andAssays results to be included in the 2023 Resource update. True widths are approximately 80-90% of downhole lengthsThe separate gold-dominant and copper-...

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