Meridian's Cabaçal Project Reveals Promising Cu-Au-Ag Intercepts

Meridian Mining UK S has announced significant assay results from the Cabaçal copper-gold-silver project in Mato Grosso, Brazil. The latest drill results highlight multiple stacked zones of mineralization with notable intercepts such as CD-544 showing 38.2m at 3.2g/t gold equivalent from 78.9m and CD-595 with 12.4m at 3.3g/t from 99.9m.

These results emphasize the ongoing success of Meridian's drilling campaign, which seeks to better define the mineral resource and extend the known zones of copper, gold, and silver mineralization. Twenty-one intercepts surpassed the 10-gram meters gold equivalent threshold, indicating a viable deposit within the project's open pit plans.

CEO Gilbert Clark expressed optimism, noting that despite extensive drilling, the project continues to show potential as Brazil’s next major producer. Future development and resource expansion are anticipated as further drill results are pending.