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Meridian's 500th Drill Hole Delivers High-Grade Gold Results at Santa Helena

Meridian Mining SE announced multiple strong Cu-Au-Ag intercepts from its ongoing drill programs at the Cabaçal and Santa Helena projects in Brazil. The noteworthy intersection included 2.7 m at 12.3 g/t Au from 65.0m at Cabaçal.

At Santa Helena, shallow, high-grade mineralization was discovered. The 500th drill hole (CD-500) returned 14.3m at 3.7 g/t AuEq from 49.0m, and 3.0m at 8.2 g/t AuEq from 50.2m. Other key results included CD-497 with 5.1m at 7.2 g/t AuEq from 41.2m and CD-479 with 6.0m at 3.5 g/t AuEq from 37.3m.

Infill drilling at the Cabaçal project yielded strong results too. Highlights included CD-481 with 2.7m at 12.3 g/t AuEq from 65.0m and CD-495 with 7.1m at 2.1 g/t AuEq from 52.9m. These results will feed into Cabaçal's Preliminary Feasibility Study, which advances into the detailed engineering phase.

Further exploration continues with additional assays pending, reinforcing the projects' potential within the 50km Cabaçal VMS belt.

R. P.

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