Welcome to our dedicated page for Meridian Mining Uk Societas news (Ticker: MRRDF), a resource for investors and traders seeking the latest updates and insights on Meridian Mining Uk Societas stock.
Meridian Mining UK Societas (MRRDF) is a mineral exploration company focused on advancing high-grade copper-gold-silver projects in Brazil's prolific VMS belt. This page provides investors with official press releases and verified updates on drilling programs, resource estimates, and technical studies.
Track Cabaçal project developments, Santa Helena exploration results, and Jauru belt discoveries through comprehensive coverage of operational milestones. Access critical updates including geophysical survey data, metallurgical test outcomes, and pre-feasibility study progress directly from company sources.
This resource serves as a centralized hub for analyzing Meridian Mining's strategic initiatives in Brazil's mining sector. All content reflects the company's data-driven approach to resource definition and infrastructure planning across its exploration portfolio.
Bookmark this page for streamlined access to Meridian Mining's latest announcements. Review regularly for essential updates on regional exploration activities and technical program advancements shaping the company's growth trajectory.
Meridian Mining UK has filed an independent Preliminary Economic Assessment (PEA) for its Cabaçal gold-copper deposit in Brazil. The PEA highlights an after-tax NPV5 of USD 573 million with a 58.4% IRR based on gold prices at USD 1,650/oz. Additional scenarios show a spot case NPV5 of USD 745 million at current market prices. The project could generate USD 204 million in free cash flow in the first year, achieving capital payback in 10.6 months. The report emphasizes significant potential for future optimization and resource identification through ongoing drill programs.
Meridian Mining UK (OTCQB: MRRDF) has announced significant progress in its drill program at Cabaçal. Drill hole CD-240 intersected a remarkable high-grade copper zone, yielding 34.5m @ 5.3% CuEq and 12.8m @ 12.7% CuEq results. These findings mark the highest-grade copper interval ever recorded at Cabaçal, with peak assay grades reaching 17.9% Cu and 34.1 g/t Au. The feeder zone remains open for further exploration, with ongoing drilling expected to enhance the existing resource base. This outcome may contribute positively to future economic studies.