Newsfile Corp
11 Aug 2026, 06:00 UTC · 3h ago
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Drill hole CD-878 at Santa Helena intersected multiple stacked layers of gold, copper, silver, zinc, and lead mineralisation that remain open in all directions. — Expanding the known limits of mineralisation with 'open' boundaries suggests significant potential for resource growth.
+0.60Meridian is approaching the publication of the Definitive Feasibility Study (DFS) for the Cabaçal project. — A DFS is a critical derisking milestone that determines the economic viability and potential production timeline of a mine.
+0.50The company has initiated new reconnaissance exploration programmes across its Jauru and Araputanga licence portfolios. — Diversification of the exploration pipeline increases long-term optionality, though immediate financial impact is low.
+0.30Continue reading
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Mineralisation in drill hole CD-878 showed a thickening from 7.2m in a previous hole (CD-869) to 11.3m. — Technical confirmation of widening mineralisation supports the thesis of a larger deposit, though the scale is still early-stage.
+0.20Which stocks this story touches
The company reported positive drilling results with multiple stacked layers of mineralisation and the opening of new exploration frontiers.
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