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Merida Minerals Holdings Inc ( (TSE:ESPN) ) has shared an announcement.
Hispania Resources has completed preliminary on-site work at its past-producing Lumbrales tin project in Salamanca, Spain, including a site visit to the Maria Tere mine to engage local stakeholders, review infrastructure and finalize its 2026 work program. The company has outlined a confirmation drilling campaign at Maria Tere and plans to begin drilling and surface rehabilitation within weeks, while new geological investigations south of the main mine have identified additional artisanal workings that will be further evaluated. Management highlights the strong existing infrastructure and current supportive pricing for tin and tungsten as strategic reasons for advancing Lumbrales, which historically operated at 400 tonnes per day and closed with a significant remaining resource, positioning the asset as a potentially important contributor to critical minerals supply.
More about Merida Minerals Holdings Inc
Hispania Resources Inc. is a Toronto-based mineral exploration company focused on mining opportunities in Spain. Its portfolio includes three core assets: the copper-zinc Otero project, the formerly producing tin project Lumbrales, and the copper-zinc Puebla de la Reina project. The company is led by a management team with more than 120 years of combined mineral exploration and production experience across multiple jurisdictions, including prior involvement in building Iberian Minerals in Spain, leveraging the country’s established transportation and mining infrastructure.
Average Trading Volume: 188,902
Technical Sentiment Signal: Buy
Current Market Cap: C$7.01M
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