Multiple Layers Of High-Grade Cu-Au-Ag Assayed at Cabaçal
Meridian Mining (TSXV: MNO) has reported further strong results from its ongoing 10,000m resource delineation programme at its Cabaçal Copper-Gold camp scale VMS project in Mato Grosso, Brazil.
Significant near-surface zones of Copper (Cu), Gold (Au) and Silver (Ag) mineralisation have been again assayed within and outside of the limits of the historical Cabaçal Mine, by holes CD-020 through to CD-025.
Multiple high-grade intervals continue to be intercepted from near surface to depths greater than 150m by the programme to date; further results pending.
Highlights of today’s results:
- Multiple high-grade intervals, including 4.6m @ 5.7% CuEq with peak assays of 11.4% Cu, 4.7g/t Au and 41.9g/t Ag.
Highlighted holes:
- CD-020 returned 43.8m @ 0.9% CuEq1 from 27.8m (0.6% Cu, 0.4/t Au & 2.8g/t Ag), including:
o 18.9m @ 1.7% CuEq from 52.7m (1.2% Cu, 0.7g/t Au & 6.3 g/t Ag); - CD-021 returned 27.6m @ 1.3% CuEq from 35.5m (0.8% Cu, 0.6/t Au & 3.8g/t Ag), including:
o 10.7m @ 2.4% CuEq from 55.9m (1.7% Cu, 1.0g/t Au & 8.5g/t Ag); and
o 1.3m @ 4.4% CuEq from 72.7m (3.8% Cu, 0.6g/t Au & 13.6g/t Ag); - CD-022 returned 76.4m @ 0.7% CuEq from 11.1m (0.5% Cu, 0.3g/t Au & 1.1g/t Ag), including:
o 16.8m @ 1.7% CuEq from 65.8m (1.2% Cu, 0.6g/t Au & 3.5g/t Ag); - CD-023 returned 29.4 @ 0.8% CuEq from 94.0m (0.4% Cu, 0.7g/t Au & 1.0g/t Ag), including:
o 9.1m @ 1.5% CuEq from 113.4m (0.6% Cu, 1.4g/t Au & 1.6g/t Ag); - CD-024 returned 44.5m @ 1.1% CuEq from 101.5m (0.6% Cu, 0.7g/t Au & 2.0g/t Ag), Including:
o 9.8m @ 3.6% CuEq from 134.8m (1.7% Cu, 2.8g/t Au, 6.4g/t Ag & 0.5% Zn); and - CD-025 returned 35.4m @ 1.4% CuEq from 106.0m (1.1% Cu, 0.5g/t Au & 4.5g/t Ag), including:
o 4.6m @ 5.7% CuEq from 118.7m (4.4% Cu, 1.7g/t Au, 18.2g/t Ag & 0.5% Zn).
“Meridian’s drill results continue to confirm the grades, prospectivity and excellent geometry of Cabaçal’s Cu-Au-Ag mineralisation,” CEO and President. Dr Adrian McArthur, said.
“The past selective mining of BP Minerals/Rio Tinto, left behind extensive tonnages and Meridian is now launching the first technical and infrastructure review via the Ausenco study, evaluating requirements for a future open pit operation.
“At the same time, Cabaçal’s camp scale blue-sky upside is now being defined via the evaluation of the historical exploration results in conjunction with the rollout of the Company’s Electromagnetic surface surveys.
“Meridian’s first geophysical results, like Cabaçal West, are highlighting multiple VMS targets. This mirrors the evolution of similar VMS camps like Canada’s Flin Flon field, where such targets drove discoveries that sustained production for decades. We look forward to additional results from the ongoing geophysical and drilling programmes.”
For further information please visit: https://meridianmining.co/
