Business

Meridian to Expand Cabaçal Drill Program and Provides Project Update

Meridian to Expand Cabaçal Drill Program and Provides Project Update Canad...

articleMeridian Mining PlcNovember 24, 20213/company/meridian-mining-uk-societas/news/meridian-to-expand-cabaandxe7al-drill-program-and-provides-project-update
Meridian to Expand Cabaçal Drill Program and Provides Project Update

About this update from Meridian Mining Plc

[{"type":"text","content":"\n \n \n \n Meridian to Expand Cabaçal Drill Program and Provides Project Update\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.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnbcc{\nBORDER-TOP-COLOR:; BORDER-COLLAPSE: COLLAPSE; BORDER-LEFT-COLOR:; BORDER-BOTTOM-COLOR:; BORDER-RIGHT-COLOR:\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \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 \n Fully financed Cabaçal drill program to be expanded by\n \n 15,000m\n \n and continued into 2022\n \n \n \n \n LONDON, United Kingdom\n \n ,\n \n Nov. 24, 2021\n \n /CNW/ - Meridian Mining UK S (TSXV: MNO) (\n \n Frankfurt\n \n : 2MM) (Tradegate: 2MM) (OTCQB: MRRDF) (\"Meridian\" or the \"Company\") is pleased to announce an extension of the drilling contract at its camp scale Cabaçal Copper-Gold VMS Project (\"Cabaçal\") in\n \n Mato Grosso, Brazil\n \n . Meridian has extended the drilling contract by a minimum\n \n 15,000m\n \n , to expand on the successful 1\n \n st\n \n phase of drilling at Cabaçal. The ongoing fully-financed\n \n 1\n \n drill program will target high-grade copper (\"Cu\") – gold (\"Au\") and silver (\"Ag\") open mineralization following the string of positive results since its inception\n \n 2\n \n , particularly the high-grade Cabaçal Northwest Extension, as well as infilling existing zones within the Cabaçal mine environment. The results of the program will be combined into the first NI 43-101 resource statement scheduled for the 2\n \n nd\n \n Quarter 2022.\n \n \n Meridian also announces the rollout of the 14-month Environmental Impact Study (\"EIA\"), whose results (ongoing or final) will be used in future critical studies such as the Pre-Feasibility Study (\"PFS\") and up to and including the future Cabaçal Bankable Feasibility Study (\"BFS\"). As part of the advancement of the data ne...

More updates from Meridian Mining Plc