Meridian Mining Identifies 650m Corridor of Cabaçal Copper Feeder Zone through Geophysical Survey
Meridian Mining SE, a mineral exploration and development company, has announced that its subsidiary, Mineraçao Cabral, has used innovative geophysical survey techniques to identify a significant 650m corridor of the Cabaçal copper feeder zone. This is a culmination of a multi-year exploration program, which involves the acquisition of mineral rights, geological and geophysical surveys, and mapping aimed at establishing the merit of the Cabaçal copper-gold system.
The Importance of the Geophysical Survey for Meridian Mining
The newly identified corridor is of top-priority as it contains high-grade copper mineralization, which has been traced to a depth of over 200m. The geophysical surveys also indicate the possibility of discovering additional copper-rich bodies within the immediate surroundings of the newly discovered corridor. Meridian Mining views the result of these surveys as a game-changer, as it provides more insights into the discovery of copper mineralization in large quantities, with high unit values.
The Implication of the Result on Meridian Mining’s Operations
Meridian Mining plans a follow-up program aimed at drilling the newly found copper-bearing zones and testing the lateral extensions of the important copper targets within and around the identified 650m corridor. The company aims to gain more insight into the characteristics of the copper-rich mineralization and to continue to expand upon the resource base ahead of the initiation of the advanced economic study.
The Cabaçal Copper System
The Cabaçal Copper System is located in the Brazilian state of Mato Grosso. It is an established mining district, having been mined by Brazilian mining giants Vale and Paranapanema between 1950 and 1980. The mineral reserve was believed to be low grade, and both companies abandoned the site. Meridian Mining acquired the rights to the site and has invested $7 million in exploration work so far, with a view to establishing the merit of the site and bringing it into full production.
Meridian Mining has shown its commitment to exploring the mineral sector with the recent surveys indicating the discovery of significant copper mineralization. With operations centered in the highly mineralized region of Brazil, Meridian Mining’s objective is to identify deposits of economically viable minerals.
#MeridianMining #CabaçalCopperFeederZone #MineralExploration #GeophysicalSurvey #MiningDistrict #Brazil
Meridian Mining has discovered a corridor of high-grade copper mineralization in Brazil, following the use of innovative geophysical survey techniques by its subsidiary, Mineraçao Cabral. The discovery has potentially significant implications for the company’s operations, and it plans to begin drilling the newly found copper-bearing zones as it continues to expand upon the resource base. The Cabaçal Copper System had been previously mined by Brazilian companies, but Meridian Mining aims to breathe new life into it. #TECH