Stocks in play: Meridian Mining UK. S
Provided an update on its drilling activities at the Cabaçal and Santa Helena mines, part of the greater 50km Cabaçal Cu-Au-Ag VMS belt-scale project in Mato Grosso, Brazil. At the Santa Helena Cu-Au-Ag & Zn project, first results are starting to be received following re-initiation of the drilling program, with CD-472 returning a strong interval of 5.0m @ 4.0g/t AuEq from 24.1m. Meridian is initiating the environmental impact studies for open-pit development at Santa Helena, as part of its hub and spoke development strategy for the broader belt. Meridian Mining UK. S shares T.MNO are trading down $0.03 at $0.51.
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