Meridian Mining Reports High-Grade Drilling Results at Cabaçal Project

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Meridian Mining Reports High-Grade Drilling Results at Cabaçal Project

Meridian Mining SE ( (TSE:MNO) ) has issued an announcement.

Meridian Mining SE announced significant drilling results from its Cabaçal Cu-Au-Ag VMS project, confirming high-grade mineralization extensions. These findings support the company’s strategic focus on advancing the Cabaçal project and related studies, backed by a recent CAD 17.2M capital raise to bolster resource development and exploration efforts.

More about Meridian Mining SE

Meridian Mining SE is involved in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with copper, gold, and silver, targeting advanced projects like the Cabaçal VMS project in Brazil. Meridian aims to enhance its market position through targeted exploration and resource development programs.

YTD Price Performance: 15.00%

Average Trading Volume: 208,590

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$140.2M

Learn more about MNO stock on TipRanks’ Stock Analysis page.

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