![]() ![]() Results continue to deliver broader than expected extensions of mineralization beyond historical resource envelops, within which higher-grade structures continue to be encountered.Īcross-strike drilling in the CNWE continued to define extensions to the gold-dominant trend previously reported CD-099, CD-110 and CD-113. Three rigs continue to remain active, with a particular focus on extensions to the Cabaçal Mine area. Infill-drilling results reported today, continue to extend the footprint of copper-gold mineralization into sparely drilled areas. Today's results further confirm Cabaçal's incredible potential to deliver new discoveries in this under-explored greenstone belt."Ĭabaçal Drilling Continues to Intersect Broad Widths, Hosting Robust Grades of Copper-Gold-Silver The C4-A discovery has the footprint to potentially become a major contributor to the Cabaçal project's significant upside potential. C4-A's high grade precious metal zone found running along the surface has a large alteration zone in the footwall and we see further potential along strike and at depth to repeat or even intercept higher grades, potentially along the lines of those gold intercepts of the CNWE. C4-A, our major new precious metal discovery has a high-grade gold-silver core that has been extended 50m to the northwest and is open in all directions. We will be releasing our first resource statement in September, and todays high grade veins, infill drilling and the emerging layer of gold dominate mineralisation, again in the CNWE, via CD-127 and CD-132 will all be contributing to Cabaçal's tonnage potential. The strength of a new 2.3m gold vein grading at over half-an-ounce gold is significant, in being one of a new array of structures identified over the length of the CNWE. Including 6.6m 3.2% CuEq (0.6% Cu, 4.4g/t Au & 2.2g/t Ag) from 66.8m.ĭr Adrian McArthur, CEO and President comments: "The Cabaçal Northwest extension is now confirmed to host multiple vein sets of very high-grade gold overprinting the copper-gold VMS system, and we are confident more veins will be delineated. Multiple high-grade sub-vertical gold veins now defined along the CNWE Ĭabaçal's major new gold-silver discovery C4A, extended 50m along strike, remains open ġ0.7m 1.8g/t Au & 33.7g/t Ag from 45.7m (CD-142) -C4A Ĭabaçal's results continues to confirm, and extends layers of strong copper-gold mineralization ĥ4.2m 0.9% CuEq (0.4% Cu, 0.9g/t Au & 1.6g/t Ag) from 11.0m (CD-147) - CNWE ![]() Meridian intercepts another high-grade gold vein overprinting the Cabaçal Northwest Extension Ģ.3m 2.2% Cu, 16.7g/t Au & 3.6g/t Ag from 21.0m (CD-147) -CNWE Referenced images are presented at the end of this release as well as on the Company's website. The Company is also reporting further assay results from the ECZ, SCZ & CNWE zones from its ongoing drill program at the Cabaçal copper-gold VMS project ("Cabaçal") located in Mato Grosso Brazil. The C4A gold-silver discovery is 2km from the Cabaçal mine and is open in all directions. Meridian is also pleased to report that its C4-A gold-silver discovery, has been extended from the discovery hole CD-139 by 50m to the northwest, with CD-142 returning 10.7m 1.8g/t Au & 33.7g/t Ag from 45.7m. CD-147's high-grade gold vein assayed 2.3m 16.7g/t Au, and provides yet another example of a new high-grade domain found within the prospective 1,250m strike length of the CNWE. LONDON, UK / ACCESSWIRE / J/ Meridian Mining UK S ( TSX:MNO)(Frankfurt/Tradegate: 2MM)(OTCQB: MRRDF), ("Meridian" or the "Company") is pleased to announce that another high-grade gold vein set overprinting the VMS copper-gold layer of the Cabaçal Northwest Extension ("CNWE") has been delineated ( Figure 1). New High Grade Au Vein in the Northwest Extension and C4A Au-Ag Zone Extended ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |