Announcement Date: 2022-03-07
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Meridian Mining SE
Project name: Cabacal
Location: Brazil
Commodities: Gold,Silver,Copper
Highlight: Drilling results incl. 64.3m @ 0.7% Cu, 1.9g/t Au, 2.6g/t Ag from 22.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: LONDON, United Kingdom, March 7, 2022 / CNW / Meridian Mining UK S (TSXV: MNO), (Frankfurt/Tradegate: 2MM) & (OTCQB: MRRDF), (“Meridian” or the “Company”) is pleased to provide assay results from CD‐0941 drilled at the Cabaçal copper‐gold VMS project in Mato Grosso, Brazil (“Cabaçal”). CD‐094 drilled through Cabaçal’s mine sequence and intercepted some of the strongest intervals of copper (“Cu”) ‐ gold (“Au”) mineralization seen to date and is one of the few angled holes in the central zone able to hit the over‐printing sub vertical gold veins. The 64.3m interval graded 1.9% CuEq from 22.0m and confirms that the vast majority of high‐grade copper‐gold mineralization remained unmined at Cabaçal, and locally, the higher‐grading gold overprint has been poorly defined by historical drilling. Drilling is ongoing with assays pending. CD‐094 was collared within the historical mine’s limits (Figure 1) and followed the general pattern of Cabaçal’s VMS mineralization, with shallow copper‐dominant layers passing down into deeper copper‐gold‐silver bearing mineralization, locally overprinted by sub‐vertical gold bearing structures. Mineralization (Table 1) was encountered 22.0m below CD‐094
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