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MERIDIAN MNG (MRRDF) Stock News, Nov 2023-May 2024

MRRDF OTC

Meridian Mining Plc develops and explores precious- and base-metal mining projects in Mato Grosso, Brazil, led by the Cabaçal Au-Cu-Ag project and the Santa Helena deposit. Company news commonly covers mineral resource updates, drilling results, preliminary licensing, feasibility-study work, and regional exploration across the Cabaçal, Jauru and Araputanga belts.

Updates also document corporate actions such as the completed conversion and name change to Meridian Mining Plc, governance-role changes, Brazilian subsidiary activity at Rio Cabaçal Mineração Ltda, mineral-right approvals by the Agência Nacional de Mineração, and disclosures tied to capital structure and operating results.

Rhea-AI Summary

Meridian Mining UK S reports high-grade mineralization at the Cabaçal copper-gold-silver VMS project in Brazil. Drill hole CD-470 yielded 16.0m @ 12.5g/t AuEq, including 6.4m @ 30.6g/t AuEq with visible gold. Results support resource conversion and indicate potential for optimized copper recoveries. Ongoing program aims to uncover missed high-grade zones. Company CEO optimistic about the project's value for shareholders.

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FAQ

What is the current stock price of MERIDIAN MNG (MRRDF)?

MERIDIAN MNG (MRRDF) last closed at $1.67.

What is the market cap of MERIDIAN MNG (MRRDF)?

The market cap of MERIDIAN MNG (MRRDF) is approximately $813.8M.