MERIDIAN MNG UK SOCIETAS - MRRDF STOCK NEWS

Meridian Mining UK has filed an independent Preliminary Economic Assessment (PEA) for its Cabaçal gold-copper deposit in Brazil. The PEA highlights an after-tax NPV5 of USD 573 million with a 58.4% IRR based on gold prices at USD 1,650/oz. Additional scenarios show a spot case NPV5 of USD 745 million at current market prices. The project could generate USD 204 million in free cash flow in the first year, achieving capital payback in 10.6 months. The report emphasizes significant potential for future optimization and resource identification through ongoing drill programs.

Meridian Mining UK (OTCQB: MRRDF) has announced significant progress in its drill program at Cabaçal. Drill hole CD-240 intersected a remarkable high-grade copper zone, yielding 34.5m @ 5.3% CuEq and 12.8m @ 12.7% CuEq results. These findings mark the highest-grade copper interval ever recorded at Cabaçal, with peak assay grades reaching 17.9% Cu and 34.1 g/t Au. The feeder zone remains open for further exploration, with ongoing drilling expected to enhance the existing resource base. This outcome may contribute positively to future economic studies.

Meridian Mining UK has released a promising Preliminary Economic Assessment (PEA) for its Cabaçal gold-copper project in Brazil. Key findings include a base case after-tax NPV₅ of $573 million and an impressive IRR of 58.4%. The project is expected to generate a first-year free cash flow of $204 million with a payback period of only 10.6 months. The PEA projects an average annual production of 131,100 ounces of gold over 22.3 years, alongside 353 million pounds of copper and 1.76 million ounces of silver. Future optimization studies aim to enhance economic returns by increasing throughput from 2.5Mt to ~4Mt.