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Mineralised Extensions to Cabacal High Grade Zones: DDH CAIK-211 of 29.3m @ 6.04 % Cu, 3.10 g/t Au, 28.81 g/t Ag and 0.65% Zn To Be First Focus for Meridian
Southern high grade extensions to Cabacal to be one of the priorities for future confirmation,...
About this update from Meridian Mining Plc
[{"type":"text","content":"Mineralised Extensions to Cabacal High Grade Zones: DDH CAIK-211 of 29.3m @ 6.04 % Cu, 3.10 g/t Au, 28.81 g/t Ag and 0.65% Zn To Be First Focus for MeridianSouthern high grade extensions to Cabacal to be one of the priorities for future confirmation, infill and extension drill programsLondon, United Kingdom--(Newsfile Corp. - November 11, 2020) - Meridian Mining SE (TSXV: MNO) (\"Meridian\" or the \"Company\") today announces that it has advanced the program to identify future priority areas for the planned confirmation infill and extensional drill program over the historical Cabaçal Cu-Au mine. An open southern zone of high grade Copper (Cu) Gold (Au), Silver (Ag) and Zinc (Zn) Volcanogenic Massive Sulphide (\"VMS\") mineralisation was intercepted by the historical drilling completed by BP Minerals and Rio Tinto (Figure 1). This provides a low risk, high priority area to advance the future Cabaçal resource delineation and confirmation program.Highlights of the Historical* southern drill results at Cabaçal:Underground Diamon Drill Hole (\"DDH\") CAIK-211 returned:29.3 m @ 6.04 % Cu, 3.10 g/t Au, 28.81 g/t Ag and 0.65% ZnSurface Diamon Drill Hole (\"DDH\") DDH 482 returned:15.0 m @ 5.50 % Cu, 1.31 g/t Au, 24.72 g/t Ag and 1.20 % ZnHistorical surface DDH 596 intercepted:13.4 m @ 5.2% Cu, 2.66 g/t Au, 9.54 g/t Ag and0 0.49 % ZnMeridian's southern zone focus is aided by an independent report prepared for Rio Tinto by the Geology Department of Queens University, Kingston Ontario1. The report was completed in mid-1990 just prior to the mines' closure used exploration and mining databases provided by Rio Tinto at the time. This southern Cu-Au zone extension's potential as defined by the DDH CAIK-211, DDH 482, and DDH 596 within the report will be one of the initial focus areas for the Company's advance of the project.The Company sees the future use of a Bore Hole Electromagnetic Survey (\"BHEM\") down hole tool to direct the targeting of these high-grade zones of Cu-Au VMS mineralisation as a major advantage compared to historical DDH programs. The use of BHEM tools is a standard practice in today's exploration and resource delineation programs for sulphide hosted bodies.Figure 1: Location of Cabaçal drill holes with significant results at beyond the limits of underground development, viewed to the north-east. Also ...