Meridian Assays Significant High-Grade Gold Zone of 26.5m @ 4.2g/t Au from 14.0m

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Nov 21, 2022

LONDON, UK / ACCESSWIRE / November 21, 2022 / Meridian Mining UK. S (TSX:MNO), (Frankfurt/Tradegate:2MM) (OTCQB:MRRDF) ("Meridian" or the "Company") is pleased to report further assays from drilling at the Cabaçal gold-copper VMS deposit ("Table 1"). CD-205 has returned 54.9m @ 2.1g/t Au, 0.1% Cu & 0.5g/t Ag from 12.3m depth including 26.5m @ 4.2g/t Au, 0.1% Cu & 0.2g/t Ag from 14.0m depth within Cabaçal's Northwest Extension's ("CNWE") high-grade zone ("Figure 1"). CD-205's broad gold zone hosts multiple veins with visible gold grading up to 73.6g/t Au. This result confirms that the shallowest horizons of the Cabaçal resource area host strong potential for further gold-copper mineralization ("Figure 2") and were not adequately assayed or tested via historical drilling. Additionally, Meridian is pleased to confirm a new shallow high-grade mineral trend ("Figure 3") completely outside the Cabaçal resource limits[1] with the final assays from CD-193, now including a new zone grading 9.3g/t Au & 3.0% Cu over 0.35m from 55.6m. Further assays from ongoing drilling at the Cabaçal project are pending.