Meridian Announces Álamo Discovery & High Grades

Summary by AI BETAClose X

Meridian Mining plc has announced a significant gold discovery at its Álamo prospect, with drill hole CD-852 intersecting 3.5 meters grading 2.4g/t gold, 0.5% copper, 9.5g/t silver, and 0.7% zinc. This new mineralisation is structurally hosted and remains open in all directions. Additionally, infill drilling at Santa Helena Central has yielded high-grade results, including CD-854 with 10.7 meters grading 2.5g/t gold, 2.4% copper, 76.7g/t silver, and 11.7% zinc, which will contribute to a future resource upgrade. These results suggest the potential for a second operational hub at Santa Helena Central, strengthening the overall project outlook.

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