Slide 1: Cabaçal – Technical Presentation
Cabaçal – Technical Presentation: Targeting multi million ounce gold and billion plus pounds of copper discoveries Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM meridianmining.co
Slide 2: Cautionary Note Regarding Forward-Looking Statements
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This presentation does not constitute or form a part of, and should not be construed as an offer, solicitation or invitation to subscribe for, underwrite or otherwise acquire, any securities of Meridian Mining UK Societas (“Meridian”), nor shall i
Slide 3: Cabaçal Long Sections
Cabaçal Long Sections Technical Presentation, May 2022 TSXV: MNO / OTCQB: MRRDF / Frankfurt: 2MM meridianmining.co
Slide 4: Cabaçal Long Section & Photo Looking Northeast
CABAÇAL C ABAÇAL L ON S ECTION & P HOTO LOOKING N ORTHEAST ~2 km OPEN OPEN CNWE Cabaçal Mine OPEN CSEE Cabaçal has the potential to become a large open pit copper-gold-silver standalone operation 950 m 550 m OPEN OPEN CNWE Cabaçal Mine Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frank
Slide 5: Cabaçal Central – Drill Map
CABAÇAL C ABAÇAL C ENTRAL – D RILL M AP A CD-106 103.3m @ 0.6% CuEq Inc 5.8m @ 4.3% CuEq * See Meridian Mining UK S News Releases for more detail A’ Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 5
Slide 6: Cabaçal Long Section A-A' (Pre-Mining)
CABAÇAL C ABAÇAL L ONG S ECTION A-A’ (P RE -M INING ) A A’ ^ SECTION LOOKING NORTHEAST * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 6
Slide 7: Cabaçal Central – Drill and Cross-Section Map
CABAÇAL C ABAÇAL C ENTRAL – D RILL AND C ROSS - SECTION M AP C B D * See Meridian Mining UK S News Releases for more detail C’ D’ B’ Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 7
Slide 8: Long Section B-B' Through Cabaçal (Pre-Mining)
CABAÇAL L ONG S ECTION B-B’ THROUGH C ABAÇAL (P RE -M INING ) B B’ ^ SECTION LOOKING NORTHEAST * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 8
Slide 9: Long Section C-C' Through Cabaçal (Pre-Mining)
CABAÇAL L ONG S ECTION C-C’ THROUGH C ABAÇAL (P RE -M INING ) C C’ Historic Resource Barren Gabbro ^ SECTION LOOKING NORTHEAST Key intercepts: Key intercepts: CD-019 – 62.5m @ 0.6% CuEq – inc 2.5m @ 3.1% CuEq CD-114 – 15.5m @ 0.9% CuEq – inc 0.4 m @ 56.8 g/t Au, 0.4% Cu, 4.1 g/t Ag & 2.2m @ 3.5% CuE
Slide 10: Long Section D-D' Through Cabaçal (Pre-Mining)
CABAÇAL L ONG S ECTION D-D’ THROUGH C ABAÇAL (P RE -M INING ) D D’ Historic Resource Barren Gabbro ^ SECTION LOOKING NORTHEAST Key intercepts: Key intercepts: CD-019 – 62.5m @ 0.6% CuEq – inc 2.5m @ 3.1% CuEq & CD-008 – 12.2m @ 1.3% CuEq 2.2m @ 3.5% CuEq CD-114 – 15.5m @ 0.9% CuEq – inc 0.4 m @ 56.8
Slide 11: Cabaçal Central Cross Sections
Cabaçal Central Cross Sections Technical Presentation, May 2022 TSXV: MNO / OTCQB: MRRDF / Frankfurt: 2MM meridianmining.co
Slide 12: Cabaçal Central – Drill and Cross-Section Map
CABAÇAL C ABAÇAL C ENTRAL – D RILL AND C ROSS - SECTION M AP M’ L’ K’ J’ I’ H’ M G’ L F’ * See Meridian Mining UK S News Releases for more detail K E’ I J H G F E Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 12
Slide 13: Long Section E-E' Through Cabaçal (Pre-Mining)
CABAÇAL L ONG S ECTION E-E’ THROUGH C ABAÇAL (P RE -M INING ) E E’ Historic Resource Barren Gabbro ^ SECTION LOOKING NORTHWEST Key intercepts: CD-052 - 31.3m @ 1.0% CuEq – inc 8.2m @ 2.7% CuEq * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB:
Slide 14: Long Section F-F' Through Cabaçal (Pre-Mining)
CABAÇAL L ONG S ECTION F-F’ THROUGH C ABAÇAL (P RE -M INING ) F F’ Historic Resource Barren Gabbro ^ SECTION LOOKING NORTHWEST Key intercepts: CD-002 – 22.7m @ 0.8 % CuEq – inc 2.7m @ 2.7% CuEq * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB
Slide 15: Cross Section G-G' Through Cabaçal (Pre-Mining)
CABAÇAL C ROSS S ECTION G-G’ THROUGH C ABAÇAL (P RE -M INING ) G G’ Historic Resource Barren Gabbro ^ SECTION LOOKING NORTHWEST Key intercepts: Key intercepts: CD-003 – 58.6m @ 1.2% CuEq – inc 17.2m @ 3.2% CuEq CD-025 – 35.4m @ 1.4% CuEq – inc 4.6m @ 5.7% CuEq CD-023 – 29.4m @ 0.8% CuEq – inc 9.1m @
Slide 16: Cross Section H-H' Through Cabaçal (Pre-Mining)
CABAÇAL C ROSS S ECTION H-H’ THROUGH C ABAÇAL (P RE -M INING ) H H’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: Key intercepts: CD-041 – 31.4m @ 1.2% CuEq – inc 10.3m @ 2.2% CuEq CD-068 – 45.0m @ 0.5% CuEq – inc 3.0m @ 2.6% CuEq * See Meridian Mining UK S News Releases for more det
Slide 17: Cross Section I-I' Through Cabaçal (Pre-Mining)
CABAÇAL C ROSS S ECTION I-I’ THROUGH C ABAÇAL (P RE -M INING ) I I’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: Key intercepts: CD-029 - 78.1m @ 1.0% CuEq – inc 6.9m @ 2.4% CuEq CD-098 – 32.9m @ 0.9% CuEq – inc 17.7m @ 1.3% CuEq * See Meridian Mining UK S News Releases for more det
Slide 18: Long Section J-J' Through Cabaçal (Pre-Mining)
CABAÇAL L ONG S ECTION J-J’ THROUGH C ABAÇAL (P RE -M INING ) J J’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: CD-005 – 30.7m @ 1.3% CuEq CD-008 – 12.2m @ 1.3% CuEq * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / F
Slide 19: Long Section K-K' Through Cabaçal (Pre-Mining)
CABAÇAL L ONG S ECTION K-K’ THROUGH C ABAÇAL (P RE -M INING ) K K’ JUSPD096 Historic Resource ^ SECTION LOOKING NORTHWEST * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 19
Slide 20: Long Section L-L' Through Cabaçal (Pre-Mining)
CABAÇAL L ONG S ECTION L-L’ THROUGH C ABAÇAL (P RE -M INING ) L L’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: JUSPD161 – Logged visible gold from 49.02 – 49.56m JUSPD168 – Logged visible gold from 57.46 – 58.59 & 70.5 - 71.52m * See Meridian Mining UK S News Releases for more deta
Slide 21: Long Section M-M' Through Cabaçal (Pre-Mining)
CABAÇAL L ONG S ECTION M-M’ THROUGH C ABAÇAL (P RE -M INING ) M M’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: Key intercepts: CD-112 – Pending CD-116 – Pending * See Meridian Mining UK S News Releases for more detail CD-115 - Pending Technical Presentation, May 2022 TSX: MNO / OTC
Slide 22: CNWE Cross Sections
CNWE Cross Sections Technical Presentation, May 2022 TSXV: MNO / OTCQB: MRRDF / Frankfurt: 2MM meridianmining.co
Slide 23: CNWE – Section Map
CABAÇAL CNWE – S ECTION M AP D1’ C1’ B1’ A1’ D1 Z’ Y’ X’ C1 W’ B1 V’ A1 U’ Z T’ Y X S’ R’ W V Q’ CD-106 U * See Meridian Mining UK S News Releases for more detail 103.3m @ 0.6% CuEq P’ Inc 5.8m @ 4.3% CuEq T O’ S R N’ Q P O N Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM
Slide 24: Cross Section N-N' Through CNWE
CABAÇAL C ROSS S ECTION N-N’ THROUGH CNWE N N’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: CD-086 – 28.8m @ 0.8% CuEq & 9.4m @ 1.8% CuEq * See Meridian Mining UK S News Releases for more detail CD-120 - Pending Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2
Slide 25: Cross Section O-O' Through CNWE
CABAÇAL C ROSS S ECTION O-O’ THROUGH CNWE O O’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: CD-071 – 29.5m @ 0.6% CuEq – inc 10.2m @ 1.0% CuEq * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian
Slide 26: Cross Section P-P' Through CNWE
CABAÇAL C ROSS S ECTION P-P’ THROUGH CNWE P P’ Historic Resource ^ SECTION LOOKING NORTHWEST * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 26
Slide 27: Cross Section Q-Q' Through CNWE
CABAÇAL C ROSS S ECTION Q-Q’ THROUGH CNWE Q Q’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: CD-054 – 54.4m @ 2.6 g/t Au, 0.4% Cu, 1.7 g/t Ag * See Meridian Mining UK S News Releases for more detail CD-095 – 22.8m @ 0.6%CuEq – inc 6.3m @ 1.6% CuEq Technical Presentation, May 2022 TSX
Slide 28: Cross Section R-R' Through CNWE
CABAÇAL C ROSS S ECTION R-R’ THROUGH CNWE R R’ Historic Resource ^ SECTION LOOKING NORTHWEST * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 28
Slide 29: Cross Section S-S' Through CNWE
CABAÇAL C ROSS S ECTION S-S’ THROUGH CNWE S S’ Historic Resource ^ SECTION LOOKING NORTHWEST * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 29
Slide 30: Cross Section T-T' Through CNWE
CABAÇAL C ROSS S ECTION T-T’ THROUGH CNWE T T’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: CD-056 – 4.0m @ 1.6 g/t Au, 0.1% Cu, 0.8 g/t Ag * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Min
Slide 31: Cross Section U-U' Through CNWE
CABAÇAL C ROSS S ECTION U-U’ THROUGH CNWE U U’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: CD-064 – QAQC Check * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 31
Slide 32: Cross Section V-V' Through CNWE
CABAÇAL C ROSS S ECTION V-V’ THROUGH CNWE V V’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: CD-106 – 103.3m @ 0.6% CuEq – inc 5.8m @ 4.3% CuEq * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian
Slide 33: Cross Section W-W' Through CNWE
CABAÇAL C ROSS S ECTION W-W’ THROUGH CNWE W W’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: JUSPD216 – 3.2m @ 237.7 g/t Au, 0.3% Cu * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S
Slide 34: Cross Section X-X' Through CNWE
CABAÇAL C ROSS S ECTION X-X’ THROUGH CNWE X X’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: CD-046 – 11.7m @ 5.7 g/t Au, 0.3% Cu, 1.9 g/t Ag * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mi
Slide 35: Cross Section Y-Y' Through CNWE
CABAÇAL C ROSS S ECTION Y-Y’ THROUGH CNWE Y Y’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: CD-101 – 36.2m @ 1.0% CuEq – inc 7.8m @ 3.9% CuEq * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian M
Slide 36: Cross Section Z-Z' Through CNWE
CABAÇAL C ROSS S ECTION Z-Z’ THROUGH CNWE Z Z’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: CD-074 – 2.8m @ 0.5 g/t Au, 1.1 Cu, and 2.8m @ 1.8 g/t Au, 0.6% Cu * See Meridian Mining UK S News Releases for more detail CD-127 - Pending Technical Presentation, May 2022 TSX: MNO / OTCQB:
Slide 37: Cross Section A1-A1' Through CNWE
CABAÇAL C ROSS S ECTION A1-A1’ THROUGH CNWE A1 A1’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: CD-100 – 50.8m @ 1.0% CuEq – inc 15.0m @ 1.78% CuEq * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meri
Slide 38: Cross Section B1-B1' Through CNWE
CABAÇAL C ROSS S ECTION B1-B1’ THROUGH CNWE B1 B1’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: CD-049 – 26.7m @ 21.5 g/t Au, 0.2% Cu, 1.8 g/t Ag * See Meridian Mining UK S News Releases for more detail CD-113 – 64.1m @ 0.8% CuEq – inc 20.5m @ 1.6% CuEq Technical Presentation, May 2
Slide 39: Cross Section C1-C1' Through CNWE
CABAÇAL C ROSS S ECTION C1-C1’ THROUGH CNWE C1 C1’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: CD-072 – 12.4m @ 16.6 g/t Au, 1.0% Cu, 1.8 g/t Ag * See Meridian Mining UK S News Releases for more detail CD-110 – Pending Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Fran
Slide 40: Cross Section D1-D1' Through CNWE
CABAÇAL C ROSS S ECTION D1-D1’ THROUGH CNWE D1 D1’ Historic Resource ^ SECTION LOOKING NORTHWEST Key intercepts: Key intercepts: CD-070 – 1.1m @ 4.0% Cu, 0.8 g/t Au, 6.5 g/t Ag CD-108 – Pending * See Meridian Mining UK S News Releases for more detail CD-099 – 32.4m @ 1.3% CuEq – inc 15.0m @ 2.3% CuE
Slide 41: Historic Sections
Historic Sections Technical Presentation, May 2022 TSXV: MNO / OTCQB: MRRDF / Frankfurt: 2MM meridianmining.co
Slide 42: Cabaçal Central – Historic Cross Sections – Mason & Kerr Report 1990
C ABAÇAL C ENTRAL – H ISTORIC C ROSS S ECTIONS – M ASSON & CABAÇAL K ERR R EPORT 1990 * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 42
Slide 43: Mason & Kerr (1990) – Section ST-400-NW
CABAÇAL M ASON & K ERR (1990) - S ECTION ST-400-NW HISTORIC SECTIONS MASON AND KERR * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 43
Slide 44: Mason & Kerr (1990) – Section ST-380-NW
CABAÇAL M ASON & K ERR (1990) - S ECTION ST-380-NW HISTORIC SECTIONS MASON AND KERR * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 44
Slide 45: Mason & Kerr (1990) – Section ST-360-NW
CABAÇAL M ASON & K ERR (1990) - S ECTION ST-360-NW HISTORIC SECTIONS MASON AND KERR * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 45
Slide 46: Mason & Kerr (1990) – Section ST-340-NW
CABAÇAL M ASON & K ERR (1990) - S ECTION ST-340-NW HISTORIC SECTIONS MASON AND KERR * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 46
Slide 47: Mason & Kerr (1990) – Section ST-320-NW
CABAÇAL M ASON & K ERR (1990) - S ECTION ST-320-NW HISTORIC SECTIONS MASON AND KERR * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 47
Slide 48: Mason & Kerr (1990) – Section ST-300-NW
CABAÇAL M ASON & K ERR (1990) - S ECTION ST-300-NW HISTORIC SECTIONS MASON AND KERR * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 48
Slide 49: Mason & Kerr (1990) – Section ST-280-NW
CABAÇAL M ASON & K ERR (1990) - S ECTION ST-280-NW HISTORIC SECTIONS MASON AND KERR * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 49
Slide 50: Mason & Kerr (1990) – Section ST-260-NW
CABAÇAL M ASON & K ERR (1990) - S ECTION ST-260-NW HISTORIC SECTIONS MASON AND KERR * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 50
Slide 51: Mason & Kerr (1990) – Section ST-240-NW
CABAÇAL M ASON & K ERR (1990) - S ECTION ST-240-NW HISTORIC SECTIONS MASON AND KERR * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 51
Slide 52: Mason & Kerr (1990) – Section ST-295
CABAÇAL M ASON & K ERR (1990) - S ECTION ST-295 HISTORIC SECTIONS MASON AND KERR * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 52
Slide 53: Mason & Kerr (1990) – Section ST-245
CABAÇAL M ASON & K ERR (1990) - S ECTION ST-245 HISTORIC SECTIONS MASON AND KERR * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 53
Slide 54: Mason & Kerr (1990) – Section ST-200
CABAÇAL M ASON & K ERR (1990) - S ECTION ST-200 HISTORIC SECTIONS MASON AND KERR * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 54
Slide 55: Mason & Kerr (1990) – Section ST-150
CABAÇAL M ASON & K ERR (1990) - S ECTION ST-150 HISTORIC SECTIONS MASON AND KERR * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 55
Slide 56: Mason & Kerr (1990) – Section ST-100
CABAÇAL M ASON & K ERR (1990) - S ECTION ST-100 HISTORIC SECTIONS MASON AND KERR * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 56
Slide 57: Mason & Kerr (1990) – Section ST-50
CABAÇAL M ASON & K ERR (1990) - S ECTION ST-50 HISTORIC SECTIONS MASON AND KERR * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 57
Slide 58: Drill Data
Drill Data Technical Presentation, May 2022 TSXV: MNO / OTCQB: MRRDF / Frankfurt: 2MM meridianmining.co
Slide 59: Cabaçal Central, CNWE, Cabaçal West – Plan View
CABAÇAL C ABAÇAL C ENTRAL , CNWE, C ABAÇAL W EST – P LAN V IEW * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 59
Slide 60: Cabaçal Mine – 2021/22 Assay Results (1/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (1/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-114 -60 45 118.8 ECZ 32.7 0.3 0.2 0.1 0.8 0.0 0.0 13.0 15.5 0.9 0.1 1.4 0.6 0.0 0.0 53.0 Including 0.4 0.4 56.8 4.1 0.0 0.0
Slide 61: Cabaçal Mine – 2021/22 Assay Results (2/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (2/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-109 -46 47 109.78 SCZ/CCZ 50.7 0.5 0.2 0.6 0.6 0.0 0.0 14.0 Including 11.2 1.8 0.3 2.4 1.8 0.0 0.0 52.1 Including 6.9 2.1 0.
Slide 62: Cabaçal Mine – 2021/22 Assay Results (3/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (3/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-100 -50 60 115.4 CNWE 9.9 0.2 0.1 0.1 0.2 0.0 0.0 2.2 50.8 1.0 0.5 0.8 1.3 0.0 0.0 41.9 Including 15.0 1.8 1.0 1.3 2.5 0.0 0
Slide 63: Cabaçal Mine – 2021/22 Assay Results (4/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (4/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-100 -50 60 115.4 CNWE 9.9 0.2 0.1 0.1 0.2 0.0 0.0 2.2 50.8 1.0 0.5 0.8 1.3 0.0 0.0 41.9 Including 15.0 1.8 1.0 1.3 2.5 0.0 0
Slide 64: Cabaçal Mine – 2021/22 Assay Results (5/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (5/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-093 -50 60 133.1 CNWE 7.0 0.2 0.2 0.1 0.5 0.0 0.0 8.2 2.8 1.5 0.4 1.7 2.5 0.0 0.0 58.7 4.2 0.2 0.1 0.0 0.5 0.0 0.0 65.9 19.5
Slide 65: Cabaçal Mine – 2021/22 Assay Results (6/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (6/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-087 -90 0 81.0 ECZ 31.4 0.8 0.7 0.2 2.0 0.1 0.0 31.0 Including 13.3 1.6 1.3 0.4 4.0 0.2 0.0 49.1 CD-086 -50 60 124.1 CNWE 30
Slide 66: Cabaçal Mine – 2021/22 Assay Results (7/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (7/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-080 -50 60 145.5 CNWE 18.0 0.2 0.1 0.0 0.3 0.0 0.0 24.0 11.7 0.2 0.1 0.1 0.5 0.1 0.0 45.0 17.7 0.3 0.1 0.4 0.3 0.0 0.0 60.1
Slide 67: Cabaçal Mine – 2021/22 Assay Results (8/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (8/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-074 -50 60 130.1 CNWE 18.3 0.2 0.2 0.0 0.2 0.0 0.0 26.0 10.0 0.7 0.5 0.1 2.4 0.0 0.0 53.0 18.9 0.6 0.3 0.5 1.1 0.0 0.0 77.0
Slide 68: Cabaçal Mine – 2021/22 Assay Results (9/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (9/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-067 -50 45 99.8 ECZ 4.5 0.5 0.1 0.7 0.6 0.0 0.0 1.5 7.3 0.2 0.1 0.0 0.7 0.0 0.0 10.0 13.7 0.4 0.3 0.1 1.3 0.0 0.0 30.0 8.1 1
Slide 69: Cabaçal Mine – 2021/22 Assay Results (10/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (10/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-058 -70 45 441.1 CW 53.5 0.1 0.1 0.0 0.8 0.0 0.0 350.0 Including 0.4 2.0 1.7 0.4 2.6 0.0 0.0 381.0 0.6 1.3 0.3 0.1 65.6 1.1
Slide 70: Cabaçal Mine – 2021/22 Assay Results (11/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (11/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-050 -60 45 73.0 ECZ 18.5 0.3 0.2 0.1 1.2 0.0 0.0 5.5 CD-049 -50 60 132.3 NWE 53.7 6.8 0.3 10.8 1.3 0.0 0.0 39.0 Including 2
Slide 71: Cabaçal Mine – 2021/22 Assay Results (12/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (12/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-041 -89 238 115.4 ECZ 9.0 0.3 0.3 0.0 1.0 0.0 0.0 17.0 6.0 0.3 0.1 0.3 0.5 0.0 0.0 31.0 31.4 1.2 0.7 0.5 4.5 0.4 0.0 70.0 I
Slide 72: Cabaçal Mine – 2021/22 Assay Results (13/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (13/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-031 -89 45 145.2 SCZ 26.5 0.4 0.3 0.1 0.6 0.0 0.0 32.1 28.1 0.7 0.3 0.5 1.0 0.0 0.0 64.0 17.7 1.3 0.6 0.9 2.1 0.4 0.0 110.0
Slide 73: Cabaçal Mine – 2021/22 Assay Results (14/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (14/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-022 -89.2 3.7 133.3 CCZ 76.4 0.7 0.5 0.3 1.1 0.0 0.0 11.0 Including 16.8 1.7 1.2 0.6 3.5 0.0 0.0 65.8 CD-021 -87.9 8.3 82.8
Slide 74: Cabaçal Mine – 2021/22 Assay Results (15/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (15/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-014 -59 060 78.5 CCZ 26.4 0.4 0.3 0.2 0.4 0.0 0.0 20.0 20.5 0.8 0.6 0.3 0.4 0.0 0.0 54.0 Including 6.8 1.2 0.9 0.5 0.7 0.0
Slide 75: Cabaçal Mine – 2021/22 Assay Results (16/16)
CABAÇAL C ABAÇAL M INE – 2021/22 A SSAY R ESULTS (16/16) Hole ID Drill Data Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) CD-007 -65 045 115.5 ECZ 35.1 0.6 0.5 0.2 2.2 0.0 0.0 30.3 2.0 1.0 0.7 0.4 1.6 0.2 0.0 78.3 CD-006 -77 334 193.3 SCZ 7.3 0.4 0
Slide 76: Cabaçal Central – Historic Holes – Plan View
CABAÇAL C ABAÇAL C ENTRAL - H ISTORIC H OLES – P LAN V IEW Update MAP * See Meridian Mining UK S News Releases for more detail Technical Presentation, May 2022 TSX: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 76
Slide 77: Cabaçal Mine – Historic Assays (1/2)
CABAÇAL C ABAÇAL M INE – H ISTORIC A SSAYS (1/2) Hole Drill Data Drill Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) JUSPD-029 -60 60 126.6 SCZ 3.4 0.8 0.5 0.4 1.2 51.6 3.5 0.7 0.3 0.7 0.0 61.5 10.8 0.5 0.4 0.1 0.3 72.2 34.0 1.0 0.7 0.5 3.3 84.0 In
Slide 78: Cabaçal Mine – Historic Assays (2/2)
CABAÇAL C ABAÇAL M INE – H ISTORIC A SSAYS (2/2) Hole Drill Data Drill Intercept Grade From CuEq Cu Au Ag Zn Pb Dip Azimuth EOH Zone (m) (%) (%) (g/t) (g/t) (%) (%) (m) JUSPD-338 -90 0 100.4 CCZ 1.7 0.5 0.5 0.0 1.9 18.1 5.6 0.6 0.1 0.9 0.4 35.2 41.9 1.5 0.9 1.0 2.5 44.0 JUSPD-482 -86 58 142.0 SCZ 13
Slide 79: Meridian Mining Contact Details
Meridian Mining UK S Dr Adrian McArthur Gilbert Clark Investor Contact: Corporate Address: Chief Executive Officer Executive Chairman +1 778 715 6410 6th Floor, 65 Gresham Street, London Email: amcarthur@meridianmining.net.br Email: gclark@meridianmining.net.br EC2V 7NQ United Kingdom Technical Pres