Meridian's Santa Helena Drilling Delivers Promising Results

Meridian Mining SE has reported multiple promising intersections of shallow high-grade mineralization at its Santa Helena project. Among the notable results, CD-660 demonstrated 11.6m @ 5.9g/t AuEq from 42.0m, while CD-700 recorded 17.6m @ 3.6g/t AuEq from 4.6m. The drilling campaign aims to boost confidence in the geometry and grade continuity of the deposit, contributing to the upcoming resource estimate.

The company also drilled its highest-grade gold intersection to date, with CD-701 revealing 25.4g/t Au from 48.1m. In response to robust geochemical and geophysical anomalies, exploration programs at Santa Fé are being expanded. The resource delineation efforts align with plans to establish Santa Helena as a potential second processing hub.

These findings are expected to enhance the valuation of Cabaçal Belt, viewed as a leading VMS Au-Cu development project in South America. Geological studies and metallurgical work continue to refine the mineralization models and optimize resource estimates.