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Meridian Mining UK Societas

Meridian Mining UK Societas

ISIN:  GB00BR3SVZ18

WKN: A3EUQY

Valor: 130353100

Resource focus:

  • Gold
  • Copper

Phase:

Exploration

Company presentation:

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Company description

Meridian Mining is a UK based development mining company listed on the TSX under the symbol MNO. And in Frankfurt under the symbol 2MM. The Cabaçal deposit is a potential open-pit standalone project in Brazil and the Mineralization extends over ~ 2km and remains open with near mine satellite prospects. The  Preliminary Economic Assessment (Base Case After-Tax) showed and NPV(5%) of 573 Mio USD and an IRR of 58.4%! The predefined Copper-Gold-Silver VMS mineralization with high-grade gold overprint shows an 11km mine corridor. The licenses cover 50km of the 55km VMS belt and host two previous selective high grade underground mines.

Brazil is a Tier 1 mining jurisdiction, with recent M&A for Copper and Gold assets.

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