Business
Meridian reports on high-grade assay results from manganese oxides collected for market scoping at the Mirante da Serra Project
Meridian reports on high-grade assay results from manganese oxides collected for market sc...

About this update from Meridian Mining Plc
[{"type":"text","content":"\n\n\n\nMeridian reports on high-grade assay results from manganese oxides collected for market scoping at the Mirante da Serra Project\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\nLONDON, July 24, 2020\n\n\n\nLONDON, July 24, 2020  /CNW/ - Meridian Mining SE (TSXV: MNO) (\"Meridian\" or the \"Company\") is pleased to announce the assay results from six manganese oxide samples taken from the Mirante da Serra sedimentary hosted manganese project (\"Mirante\") and analysed by ALS laboratories. The samples were split from a 110kg batch of manganese oxide concentrate collected for a market scoping exercise, with duplicate samples sent to historical and interested clients of the Mirante mineralization.\nHighlights of the assay results are:\nThe Mn oxide concentrates returned an average grade of 58.2% MnO (45.1% Mn) The grade is higher than the Tianjin benchmark of 44% Mn All concentrates returned below detection limits for lead (<0.01% PbO) - consistent with levels anticipated from Mirante.The preferred combination of high Mn content and below detection lead content outlines the potential of the project, from the largest composite sample yet collected from Mirante colluvial mineralization. The broken rock of the colluvial material provides an excellent medium for conventional gravity separation (wet and dry screening). \nThe six samples analysed by ALS were collected from the northern sector of Mirante, where manganese oxides are distributed at surface over a semi-continuous corridor extending over 4 km (Figure 1). The colluvial mineralization is characterized by a high abundance of densely packed coarse manganese oxide gravels and boulders. The colluvial horizon is interpreted to directly overlie the source sedimentary units. Historical pitting sites inspected during the Company's due diligence program provide good access to the top of the colluvial profile. At the sample site, the colluvial profile is at least 1.50m thick. Examples are seen elsewhere where the where the colluvial profile is up to 1.65m thick. \nThe concentrate returned high-gra...