Stocks in play: Meridian Mining UK. S
Provided an update on the ongoing drill program at Cabaçal. Drill hole CD-240 has intersected a wide high-grade copper zone that grades 34.5m @ 5.3% CuEq / 7.9g/t AuEq (4.0% Cu, 1.7g/t Au & 22.4g/t Ag) with the core of the high-grade feeder zone returning 12.8m @ 12.7% CuEq / 19.0g/t AuEq (9.7% Cu, 4.0g/t Au & 55.8g/t Ag). This is the highest-grade copper interval ever drilled in the history of Cabaçal, with peak assay grades of 17.9% Cu and 34.1 g/t Au, and multiple copper assays grading greater than 17.0% Cu. This rich feeder zone is considered open, with further drill results from Cabaçal to be released in the near future. Meridian Mining UK. S shares T.MNO are trading up $0.07 at $0.73.
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