Meridian Mining is pleased to announce the upsize of its previously announced bought deal public offering of common shares in the capital of the Company. Under the amended terms of the Offering, Beacon Securities Limited and BMO Capital Market , on behalf of a syndicate of underwriters, have agreed to purchase, on a bought deal basis pursuant to the filing of a prospectus supplement, an aggregate of 50,000,000 Offered [...]
Meridian is pleased to announce that it has entered into an agreement with Beacon Securities Limited and BMO Capital Markets, on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, with a right to arrange for substitute purchasers, 42,860,000 common shares of the Company at a price of $0.35 per Offered Share for aggregate gross proceeds to the Company [...]
Meridian Mining UK. S is pleased to announce the initial findings from positive metallurgical trials using a more selective reagent for copper sulphides. Preliminary results using Solvent 3418A achieved higher recoveries of copper than the ~92.4% achieved by the reagent PAX used in the 2023 PEA. Solvent 3418A is a common Cu reagent, engineered to also be an efficient collector of gold and silver , which may lead to [...]
Meridian Mining UK. S is pleased to report further strong drill results from its resource delineation program at the Santa Helena Au-Cu-Ag & Zn VMS deposit . Drilling has intercepted multiple bands of shallow mineralization highlighted by CD-421's 11.3m @ 3.7g/t AuEq[1] from 35.0m, including 3.4m @ 8.6g/t AuEq from 42.9m. CD-421's high-grade mineralization projects outside of the modelled limits of Santa Helena's Exploration [...]
Meridian Mining is pleased to announce that the ongoing Pre-Feasibility Study drill program continues to produce robust results at its Cabaçal Au-Cu-Ag deposit. Multiple wide zones with internal high-grade cores, such as CD-400's 25.8m @ 1.4 g/t AuEq including 9.5m @ 2.9 g/t AuEq & CD-399's 15.3m @ 1.7 g/t AuEq including 5.1m @ 4.0 g/t AuEq1 . The ongoing PFS drill program continues with the aim to convert in-pit [...]
Extensive down-dip EM responses beyond high-grade Cu-Au-Ag & Zn mineralization Meridian Mining UK. S is pleased to announce strong results from its first Bore Hole Electromagnetic surveys at its Santa Helena high-grade deposit . BHEM has modelled conductive plates as down-dip extensions of high-grade Cu-Au-Ag & Zn mineralization recently reported by the Company. This includes a 175m projection of CD-359's higher-grade [...]
Santa Helena returns 11.0m @ 5.2g/t AuEq & 6.8m @ 3.3g/t AuEq in newly discovered layer of Au-Cu-Ag and Zn VMS mineralization. Meridian Mining UK S is pleased to report its strategy to further advance multiple prospects within the Cabaçal VMS Belt as part of a "Hub and Spoke" strategy to maximise value for shareholders. The Cabaçal Project's current engineering and drill programs will be upgraded to complete a [...]
Meridian Mining UK S is pleased to report that it has assessed the geological potential of the Santa Helena mine area based on new and historical data, generating an initial Exploration Target with a tonnage range of 3.2 -7.2 Mt grading between 3.0 - 3.2g/t AuEq* , which gives a potential high-grade metal inventory range of between 306,000 to 763,000 AuEq ounces, located within 10km of the proposed Cabaçal mill site 1 [...]
is pleased to report further strong intercepts of shallow copper, gold, silver, and zinc mineralization at the Santa Helena mine . New results include CD-351: 11.7m @ 1.3% CuEq from 27.0m, and CD-336: 30.7m @ 0.8% CuEq from 6.0m, including 5.7m @ 1.5% CuEq from 7.0m and 3.3m @ 1.2% CuEq from 33.3m . These drill holes are targeting a soil geochemical anomaly in the western sector of the deposit, up-dip from the historical [...]
Meridian Mining UK S is pleased to announce the appointment of Mr. Bruce McLeod as a new independent director to the Board of Directors , with immediate effect. Mr. McLeod has also been appointed as the new Chairman of the Board. Mr. McLeod is a Mining Engineer with over 30 years of experience in all areas of the mining industry. Most recently, he was the President and CEO of Sabina Gold & Silver Corp. until Sabina was [...]
Santa Helena intercepts multiple zones of shallow high-grade copper-gold-silver and zinc mineralization Meridian Mining UK S is pleased to report further strong intercepts of shallow copper, gold, silver, and zinc mineralization at the Santa Helena mine . New results include CD-329: 6.8m @ 4.9% CuEq from 38.7m; CD-332: 5.8m @ 4.5% CuEq from 32.2m, and CD-335: 7.2m @ 4.0% CuEq from 35.5m . Santa Helena is one of many high [...]
Meridian Mining UK S announces that pursuant to the Company's Omnibus Incentive Plan, the Company has granted stock options to certain directors, officers and employees of the Company to acquire an aggregate of 950,000 common shares of the Company, exercisable at C$0.50 per common share, for a period of 5 years. About Meridian Meridian Mining UK S is focused on: The development and exploration of the advanced stage [...]
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