Meridian Mining is pleased to announce that it has entered into an agreement with Stifel, BMO Capital Markets and Beacon Securities, for and on behalf of a syndicate of agents, in connection with a "best-efforts" private placement of up to 64,102,564 common shares of the Company at a price of C$0.78 per Common Share for aggregate gross proceeds of up to C$50 million, with the Common Shares to be issued pursuant to the [...]
Meridian drills more multiple stacked layers of shallow high-grade Au-Cu-Ag ore at Cabaçal; CD-702: 28.6m @ 3.5g/t AuEq from 127.6m; including: 3.9m @ 6.1g/t AuEq from 136.7m; 2.8m @ 9.4g/t AuEq from 143.8; 1.8m @ 5.7g/t AuEq from 149.1m; 2.8m @ 9.0g/t AuEq from 155.9m; Multiple zones of high-grade copper with peak grades assaying 10.6% Cu and 11.0% Cu; CD-693: 14.3m @ 2.9g/t AuEq from 77.3m; including: 2.3m @ 9.4g/t AuEq [...]
Meridian Mining announces the voting results from the Company's Annual and Special Meeting of shareholders held on Tuesday, June 24, 2025. A total of 151,648,508 common shares were voted, representing 43.11% of the Company's issued and outstanding common shares as at the record date of May 20, 2025. Each of the matters voted upon is discussed in detail in the Company's Management Information Circular dated May 20, 2025 [...]
Highlights: Meridian drills multiple intersections of shallow high-grade Au-Cu-Ag & Zn mineralization at Santa Helena: CD-660: 11.6m @ 5.9g/t AuEq from 42.0m*; Including 7.5m @ 8.0g/t AuEq from 44.5m; CD-700: 17.6m @ 3.6g/t AuEq from 4.6m; Including 7.8m @ 5.6g/t AuEq from 13.5m; CD-691: 8.3m @ 3.8g/t AuEq from 39.5m; Including 4.5m @ 6.3g/t AuEq from 39.5m; CD-686: 8.3m @ 3.7g/t AuEq from 53.0m; Including 4.2m @ 6.8g/t [...]
Highlights: Meridian has engaged Ausenco do Brasil Engenharia Ltda. to undertake a definitive feasibility study of the Cabaçal Au-Cu project; DFS targeted to be completed prior to the end of 1H 2026. Meridian Signs Corporate Agreement with Aurubis AG, Europe's largest smelter group; Meridian and Aurubis to establish technical exchange to optimize Cabaçal's Cu + Au-Ag sulphide concentrates: Optimize Cabaçal's Cu +Au-Ag [...]
Highlights: Meridian drills more stacked layers of shallow high-grade Au-Cu-Ag ore at Cabaçal; CD-654: 9.9m @ 14.8g/t AuEq from 29.3m; including: 1.9m @ 71.4g/t AuEq from 30.1m; CD-667: 38.6m @ 1.4g/t AuEq from 13.4m including: 15.6m @ 2.2g/t AuEq from 18.3m Results confirm additional shallow resource potential with drilling at Cabaçal continuing; and Core samples for DFS phase of Cabaçal's metallurgy to be dispatched [...]
Highlights: Meridian drills into a VMS pile hosting massive to semi-massive Cu-Au-Zn & Ag sulphides on the western edge of Santa Helena: CD-651: 33.4m @ 2.0g/t AuEq from 151.0m; Including: 13.1m @ 4.2g/t AuEq from 151.4m; 4.4m @ 6.5g/t AuEq from 214.0m; Santa Helena mine area infill drilling returns more shallow high-grade mineralization; CD-655: 9.9m @ 5.6g/t AuEq from 3.8m; Meridian announces discovery of "open" 2,200m [...]
Meridian Mining UK S is pleased to announce the filing of its independent Pre-Feasibility Study technical report for its advanced Cabaçal Au-Cu-Ag Project located in Mato Grosso, Brazil, with an effective date of March 10, 2025, , in support of the Company's news release dated March 10, 2025 . There are no material differences in the PFS Technical Report from the information disclosed in the News Release. The PFS [...]
Cabaçal 2025 Pre-Feasibility Study Highlights: Meridian delivers exceptional economics from the Cabaçal Pre-Feasibility Study; Base case after-tax NPV5 of USD 984 million and 61.2% IRR; Spot case after-tax NPV5 of USD 1.41 billion and 79.5% IRR; Cabaçal Establishes a Mid-Tier Production Profile: Average annual production of 141,000 AuEq ounces over 10 years; First 5 years production of 178,000 AuEq ounces annually; Low [...]
HIGHLIGHTS: Meridian drills layers of shallow Au-Cu-Ag high-grade mineralization at Cabaçal CD-639: 20.9m @ 6.5g/t AuEq from 95.3m; including: 7.1m @ 9.2g/t AuEq from 104.0m CD-636: 26.6m @ 2.6g/t AuEq from 176.3m including: 15.7m @ 4.1g/t AuEq from 187.2m CD-606: 7.3m @ 5.9g/t AuEq from 78.7m Near surface up-dip extensions of high-grade Au-Cu-Ag mineralization added High-grade gold dominant zone grading up to 56.7g/t Au [...]
HIGHLIGHTS: Meridian drills layers of shallow Au-Cu-Ag high-grade mineralization at Cabaçal CD-639: 20.9m @ 6.5g/t AuEq from 95.3m; including: 7.1m @ 9.2g/t AuEq from 104.0m CD-636: 26.6m @ 2.6g/t AuEq from 176.3m including: 15.7m @ 4.1g/t AuEq from 187.2m CD-606: 7.3m @ 5.9g/t AuEq from 78.7m Near surface up-dip extensions of high-grade Au-Cu-Ag mineralization added High-grade gold dominant zone grading up to 56.7g/t Au [...]
This news release is related to the common shares of Meridian Mining UK Societas. Ithaki Limited announces that it acquired 25,641,025 common shares of the Issuer at a price of $0.39 per Common Share for a total subscription price of $9,999,999.75 through a non-brokered private placement. Immediately prior to the Acquisition, the Acquiror owned and/or had control over an aggregate of 14,285,000 Common Shares, representing [...]
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