Meridian Mining (OTCMKTS:MRRDF) Stock Soars After The Key Update

Meridian Mining (OTCMKTS:MRRDF), a company focusing on acquisition , exploration and development activities in Brazil, on September 9, 2021 announced primary results of the drill program aiming at 750 m long high-grade gold of Cabacal Mine.

This was a part of Cabacal Copper-Gold project in Mato Grosso, Brazil. Intercepting high-grade gold zone including copper and silver rich zone, the hole was 59m from BPs diamons drill hole. The High grade gold was extending from Cabacal Mine and is over-printed that is sub-vertical in nature .

Drilling was less and mainly vertical , covering sub-vertical high grade gold structures hosting high gold values.

The holes have been drilled through upper bedrock and saprolite and samples were analysed at SGS laboratory. Samples for cabacal drill were analysed for gold by 50g Fire Assay . Half core was dried and pulverised to 150 in a ring mill. BP Mineral’s quality control program includes duplicate analyses as well as periodic checks using independent laboratories.

Holes have been drilled HQ through the saprolite and upper bedrock and reduced to NQ – mineralized intervals represent half NQ drill core. Samples have been analysed at the accredited SGS laboratory in Belo Horizonte. Gold analyses have been conducted by FAA505 (fire assay of a 50g charge), and base metal analysis by methods ICP40B and ICP40B_S (four acid digest with ICP-OES finish).


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