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Meridian Uncovers Cabaçal's Most Significant Copper Anomaly at Alvorada
Another frontier for copper opens at Cabaçal, found hidden in BP archives LONDON, UK / A...
About this update from Meridian Mining Plc
[{"type":"text","content":"Meridian Uncovers Cabaçal's Most Significant Copper Anomaly at AlvoradaAnother frontier for copper opens at Cabaçal, found hidden in BP archivesLONDON, UK / ACCESSWIRE / February 14, 2023 / Meridian Mining UK. S (TSX:MNO)(Frankfurt:2MM)(Tradegate:2MM)(OTCQB:MRRDF) (\"Meridian\" or the \"Company\") is pleased to provide an update on the uncovering of the most significant copper anomaly at the Cabaçal Project to date, and on its ongoing regional and near mine exploration programs.As a result of the ongoing digitisation and georeferencing of historical BP data, the most significant copper anomaly within the Cabaçal tenements \"Alvorada\" has been uncovered from these archives (\"Figure 1\"). Its peak copper stream threshold value of 164ppm Cu surpasses the original copper anomalies of Cabaçal at 56ppm Cu and Santa Helena with 36ppm Cu. With BP's 1980's exploration focus on gold, and Alvorada having no associated gold anomaly, it was not followed up at the time despite its high copper content. Today it presents a tremendous opportunity for the Company.Additionally, a drill rig will shortly be moved to C2 Trend where a number of strong Induced Polarization (\"IP\"), geochemical targets and extensions to the C4-A gold & silver discovery[1] will be tested by diamond drilling (\"Figure 2\"). Drilling continues at Cabaçal, and drill results are pending.Highlights Reported TodayMeridian uncovers BP's strongest copper anomaly to date at Alvorada;The Alvorada geochemical anomaly opens a new frontier for copper exploration at Cabaçal;Historical exploration focus for gold, has left Alvorada, as Cabaçal's most significant copper anomaly, untested since discovery;Drill rig moving to C2 Trend, relaunching 2023 near mine drill programs;Cabaçal PEA advancing with the engineering field visit concluded by Ausenco.Dr. Adrian McArthur, CEO, comments: \"Alvorada's uncovering as Cabaçal's most significant copper in stream anomaly, hidden in the thousands of pages of BP reports, has exposed a new prospect with exceptional upside potential. Our geologists have been methodically digitizing and georeferencing the extensive historical databases from the 1980's and the unlocking of this new copper prospect is a major achievement. As we know, BP's focus in the 1980's was on high-grade gold, and their explor...