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Meridian Surveys Strong Bedrock EM Conductor at Cabaçal West

Meridian Surveys Strong Bedrock EM Conductor at Cabaçal West Canada NewsWi...

articleMeridian Mining PlcJuly 8, 20213/company/meridian-mining-uk-societas/news/meridian-surveys-strong-bedrock-em-conductor-at-cabaandxe7al-west
Meridian Surveys Strong Bedrock EM Conductor at Cabaçal West

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[{"type":"text","content":"\n \n \n \n Meridian Surveys Strong Bedrock EM Conductor at Cabaçal West\n \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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./\n \n \n \n Cabaçal West conductor confirmed as priority target for massive sulphides.\n \n \n \n \n LONDON\n \n ,\n \n July 8, 2021\n \n /CNW/ - Meridian Mining UK S (TSXV: MNO) (\n \n Frankfurt\n \n : 2MM) (\"Meridian\" or the \"Company\") is pleased to report on first results from its Fixed-Loop Transient Electro-Magnetic (\"FLTEM\") surface survey, using its own modern in-house equipment at the Cabaçal Copper-Gold Project (\"Cabaçal\") in\n \n Mato Grosso, Brazil\n \n . The first survey over the Cabaçal West target has detected a significant bedrock conductor. The conductive response starts at shallow depths and increases with depth to form a deep-seated late channel response, and open to the north-west. The modelled plate (\"Plate\") is situated along the Cabaçal conductive trend, 1.5 km west-north-west of the historical Cabaçal mine and down dip from an extensive Cu-Au soil anomaly. The Company plans to drill test the Plate late July, interpreting the target to be potentially, the massive sulphide pile of the Cabaçal mines Volcanic Massive Sulphide (\"VMS\") system.\n \n \n Highlights of first results:\n \n \n \n Meridian detects large late channel bedrock EM conductor at Cabaçal West;\n \n \n The EM conductivity increases with depth and strengthens to the North-west\n \n \n Cabaçal West EM survey is ~40% completed and remains open.\n \n \n First FLEM results of modelled late channel conductor are\n \n \n \n An initial strike length of\n \n 485m\n \n open to the NW;\n \n \n A shallow depth starting from\n \n 235m\n \n below surface;\n \n \n It extends vertically\n \n 455m\n \n down to\n \n 690m\n \n below surface;\n \n \n Plate's conductance is 109 Siemens (\"S\");\n \n \n \n Cabaçal West's and Cabaçal South's bedrock conductors are ...

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