Mining Stock Daily Meridian Mining sees Brazil as an Opportunity with its Projects Well-Positioned for a Commodity Boom
Apr 10, 2025
Gilbert Clark, CEO of Meridian Mining, shares insights on the promising pre-feasibility study results for the Cabasal project, showcasing its potential in the VMS Copper Gold Belt. He discusses ongoing resource work at the Santa Helena deposit and addresses investor concerns about execution and market volatility. Clark emphasizes the significance of sound management in navigating the challenging investment climate in Brazil and highlights how strategic resource development can lead to exciting opportunities amidst fluctuating commodity prices.
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Gilbert Clark's Intense Travel
- Gilbert Clark shared he traveled across 12 time zones in six weeks for key mining conferences and site visits at the Cabasal project.
- He highlighted the project as one of the best PFS outcomes in recent times with outstanding economic metrics.
Hard Asset Focus in PFS
- The Cabasal PFS is based on proven and probable mining reserves, providing hard assets for valuation.
- Ongoing drilling and exploration at Cabasal and Santa Helena will improve and grow resource value.
Santa Helena Drilling Challenges
- Wet season slowed drilling at Santa Helena due to mobile rig movement challenges.
- Strong metallurgy results encourage plans to permit Santa Helena as a second processing hub for regional expansion.