Meridian Mining UK Societas is a mineral mining company that operates in the metal and mining industry. Meridian Mining is focused on the acquisition, evaluation, exploration, mining and development of precious metal and base metal assets, primarily copper-gold properties located in Brazil.
Meridian Mining UK Societas is a publicly listed company on the Toronto Venture Stock Exchange, with its common shares trading under the ticker symbol MNO. In addition to the TSXV Market, the metal mining company lists and trades its common shares on the OTCQB Market (since July 14, 2021) and Frankfurt Stock Exchange under the stock symbols MRRDF and 2MM, respectively.
The London-based natural resource mining company operates three mineral exploration and development projects:
• The Cabaçal Project consists of volcanogenic massive sulphide deposits infused with polymetallic mineralization, including copper (Cu), gold (Au), silver (Ag), zinc (zinc) and lead (Pb) in Mato Grasso, Brazil. The project is equipped with proper infrastructure, including road connectivity, rail lines, power supply and support from the nearby communities.
• The Espigão Project comprises copper-infused manganese, gold anomalous veins, and base metal mineralization extending to a total area of 200 square kilometers. Meridian Mining owns a 100 per cent stake in the copper-gold polymetallic project, including exploration and mining licenses, situated in Rondônia, northwest Brazil.
• The Ariquemes Project consists of exploration claims covering a total land area of 293,500 hectares. Meridian Mining owns a 100 per cent stake in the project situated in Rondônia, northwest Brazil.
In a press release dated July 20, 2021, Meridian Mining UK Societas reported that it started the initial drill operations on the Cabaçal West target at the Cabaçal Cu-Au Project site. The Brazil-focused mineral miner is conducting various drill operations to identify and evaluate new target zones for exploration and development operations for the advancement of the current project’s portfolio.