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Meridian's Drilling Extends High-Grade Gold-Copper Ore Zone at Cabacal Via Gold Veins Grading up to 276g/t Au

Highlights: Meridian drills more stacked layers of shallow high-grade Au-Cu-Ag ore at Caba...

articleMeridian Mining PlcApril 29, 20254/company/meridian-mining-uk-societas/news/meridians-drilling-extends-high-grade-gold-copper-ore-zone-at-cabacal-via-gold-veins-grading-up-to-276gt-au
Meridian's Drilling Extends High-Grade Gold-Copper Ore Zone at Cabacal Via Gold Veins Grading up to 276g/t Au

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[{"type":"text","content":"Meridian's Drilling Extends High-Grade Gold-Copper Ore Zone at Cabacal Via Gold Veins Grading up to 276g/t AuHighlights:Meridian drills more stacked layers of shallow high-grade Au-Cu-Ag ore at Cabaçal;CD-654: 9.9m @ 14.8g/t AuEq (11.0% CuEq ) from 29.3m; including:1.9m @ 71.4g/t AuEq (53.1% CuEq) from 30.1m;CD-667: 38.6m @ 1.4g/t AuEq (1.0% CuEq) from 13.4m including:15.6m @ 2.2g/t AuEq (1.6% CuEq) from 18.3mResults confirm additional shallow resource potential with drilling at Cabaçal continuing; andCore samples for DFS phase of Cabaçal's metallurgy to be dispatched shortly to a Canadian laboratory, including material for mini-pilot plant test to generate concentrate samples for marketing. LONDON, UK / ACCESS Newswire / April 29, 2025 / Meridian Mining UK S (TSX:MNO)(Frankfurt/Tradegate:2MM)(OTCQX:MRRDF) (\"Meridian\" or the \"Company\") is pleased to announce that it has drilled one of the highest grading gold veins to date at its advanced Cu-Au-Ag Cabaçal VMS project (\"Cabaçal\"). Targeting potential extensions to Cabaçal's Pre-Feasibility Study's (\"PFS\") high-grade ore reserves1, CD-654 drilled one of the best grading gold veins to date at Cabaçal, returning 276 g/t Au over 0.46m. This was within a broader shallow gold-copper-zone that returned 9.9m @ 14.8g/t AuEq from 29.3m. The Company is also reporting multiple stacked layers of Au-Cu mineralization within Cabaçal's PFS pit shell. These results continue to improve the strong upside that remains within Cabaçal and will be included into a future resource and reserve calculation for Cabaçal's Definitive Feasibility Study (\"DFS\"). Drilling continues and more results are pending.Mr. Gilbert Clark, CEO, comments: \"CD-654's high-grade gold-copper intercept has confirmed a potential extension to one of Cabaçal's shallow higher grade ore zones. The drilling of extremely high-grade gold veins grading up to 276g/t Au, is a tremendous result in itself, and for the future remodelling of this area. Having these high-grade results at shallow depths, and potentially more yet to be drilled, can only positively contribute to the soon to be launched Cabaçal DFS. Over the last few months, we have extended mineralization both at Cabaçal and Santa Helena while continuing to advance our regional exploration programs. These ...

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