Meridian Mining Makes First Option Payment on Cabacal Project
London, United Kingdom--(Newsfile Corp. - September 3, 2020) - Meridian Mining SE (TSXV: MNO) ("Meridian" or the "Company") today announces that it has commenced due diligence on the Cabaçal Copper-Gold Project ("Cabaçal"), in the state of Mato Grosso, Brazil (Figure. 1), following the first payment of the staged option agreement1. Initial reviews are focussed on the extensive diamond drill hole ("DDH") database to confirm Cabaçal's prospectivity. This has already generated indications that...
2020-09-03 4:10 PM EDT
Meridian Mining Signs Option Agreement on Advanced Cabaçal Cu-Au Project
London, United Kingdom--(Newsfile Corp. - August 26, 2020) - Meridian Mining S.E. (TSXV: MNO) ("Meridian" or the "Company") today announces that it has signed an option agreement ("the Agreement") to acquire a 100% beneficial interest in the Cabaçal Copper-Gold Project ("Cabaçal"), in the state of Mato Grosso, Brazil, located 330km west of Cuiabá (Figure. 1), for a total consideration of USD 8.75 M and 4.5 M Meridian shares (Table 1) from two private Brazilian companies Prometálica Mineração...
2020-08-26 1:44 PM EDT