Meridian Mining UK S , is pleased to announce that it has entered into an agreement with Beacon Securities Limited and Raymond James Ltd. 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, 16,000,000 common shares of the [...]
Meridian Mining UK S is pleased to announce that the Company has filed an independent Preliminary Economic Assessment technical report for the Cabaçal gold-copper deposit in Brazil , in support of the Company's news release dated March 6, 2023, entitled: "Meridian Delivers Strong Economics for Cabaçal's PEA: After-Tax NPV5 of USD 573 million, 58.4 [...]
Meridian Mining UK. S is pleased to provide an update on the ongoing drill program at Cabaçal . Drill hole CD-240 has intersected a wide high-grade copper zone that grades 34.5m @ 5.3% CuEq[1] / 7.9g/t AuEq with the core of the high-grade feeder zone returning 12.8m @ 12.7% CuEq / 19.0g/t AuEq . This is the highest-grade copper interval ever drilled [...]
After-Tax NPV5 of USD 573 million, 58.4% IRR & 10.6 Month Payback Meridian Mining UK S is pleased to announce the positive results of the Preliminary Economic Assessment led by Ausenco Engineering Canada Inc. for the Cabaçal gold-copper deposit in Brazil . The PEA study confirms the economic potential of the project, positioning it as a promising [...]
Another frontier for copper opens at Cabaçal, found hidden in BP archives Meridian Mining UK. S is pleased to provide an update on the uncovering of the most significant copper anomaly at the Cabaçal Project to date, and on its ongoing regional and near mine exploration programs. As a result of the ongoing digitisation and georeferencing of [...]
Meridian Mining UK S is pleased to announce the promotion and appointment of Mr. Martin McFarlane as the Company's President, effective immediately. Dr. Adrian McArthur, who has served as the Company's President since July 2020, will continue to serve as the Company's Chief Executive Officer and Director of the Company. In addition, Mr. James [...]
Untested targets for further Cu-Zn-Au-Ag massive sulphide and feeder zones defined Meridian Mining UK. S is pleased to provide an update on its successful geophysical exploration programs within the Cabaçal mine corridor. Recently completed surface electromagnetic surveys have outlined multiple EM plates down dip from the high-grade Cu-Zn-Au-Ag [...]
CD-210 returns 26.8m @ 1.6g/t AuEq, including 4.5m @ 5.3g/t AuEq Meridian Mining UK. S is pleased to report the granting of the highly prospective Álamo exploration licence . Álamo hosts multiple open copper-gold soil geochemical targets, VTEM anomalies, and large alteration systems . Meridian's initial reconnaissance and field portable XRF [...]
Meridian Mining UK S , is pleased to announce that it has closed the brokered private placement previously announced on November 28, 2022 and December 7, 2022, for gross proceeds to the Company of C$5,862,549.70, pursuant to the terms of the agency agreement dated December 30, 2022 between the Company and the Agents . Pursuant to the Offering [...]
Meridian Mining UK S , announces the voting results from the Company's General Meeting of Shareholders held on Friday, December 30, 2022 . A total of 73,819,095 common shares were voted, representing 40.39% of the Company's issued and outstanding common shares as at the record date of December 2, 2022. Each of the matters voted upon is discussed in [...]
Meridian Mining UK S , announces that it expects to close on approximately C$5.9 million of common shares at $0.35 per Common Share , an increase from the previously announced minimum size of C$3.25 million . The Offering may be further increased to the maximum permitted under the Listed Issuer Financing Exemption as originally announced. The [...]
Nov. 28, 2022 /CNW/ - Meridian Mining UK S , is pleased to announce that it has entered into an agreement with Beacon Securities Limited , as lead agent and sole bookrunner on behalf of a syndicate of agents , in connection with a best efforts private placement of 9,286,000 common shares of the Company at a price of $0.35 per Common Share for [...]