Meridian Reports Encouraging Drilling Results at Santa Helena

Meridian Mining has announced new drilling results from the Santa Helena Cu-Au-Ag & Zn deposit, demonstrating continued high-grade VMS mineralization. Recent assays from drill hole CD-612 revealed a 58.9m interval with an AuEq of 3.6g/t, including a notable 26.8m zone with an AuEq of 4.1g/t. These findings extend the potential for open pit development west of the existing site, highlighting the ongoing exploration success.

The company has also secured new licenses in the Cabaçal, Jaurú, and Araputanga greenstone belts, aiming to enhance its exploration footprint. This expansion aligns with Meridian's strategy to identify new opportunities and update the Santa Helena resource estimation in early January 2025.

Meridian continues its regional exploration to define additional resources, focusing on the underexplored terrains south-east of the Cabaçal belt. These efforts may pave the way for further discoveries and resource upgrades in the company's strategic exploration areas.