/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE U.S./
LONDON, March 11, 2021 /CNW/ - Meridian Mining UK S
(TSXV: MNO) ("Meridian" or the "Company") has formed an Advisory
Board to counsel the Company's Executive Management and Corporate
Board of Directors in matters related to continuing exploration and
development of its Cabaçal Copper-Gold VMS project ("the Project")
in Mato Grosso Brazil. Six
preeminent mining executives have accepted to be appointees to the
Advisory Board bringing considerable depth of experience not only
at the Project level but in their respective fields.
The Advisory Board Members are:
- Mr. Afonso Manoel de Figueiredo,
a geologist with over 50 years of international and Brazilian
experience and former Regional Exploration Manager for BP Minerals
Guaporé Project which discovered the Cabaçal copper-gold
deposit;
- Mr Grant "Rocky" Osborne, a
geologist with over 40 years of international and Brazilian
experience and the former Underground-Mine and Exploration
geologist with BP Minerals' Cabaçal project;
- Mr Mike Ounpuu, a Geological
Engineer with over 40 years of industry leading experience and is
considered an expert at base and precious metal flotation and
processing.
- Dr Phillip Mackey, a
metallurgist and with over 50 years of industry leading experience
an expert in his field and an author of numerous technical
papers;
- Mr Gilson Teixeira, a geologist
with over 40 years of experience and formerly the Chief Geologist
of the Cabaçal Mine with BP Minerals until its closure by Rio
Tinto; and
- Dr John Waghorn, A geologist
with 54 years of international experience including working for
Billiton in Brazil, southern
Africa and Europe and Rio Tinto in South America.
The members of the Advisory Board present to the Company a suite
of Brazilian and or international, technical knowledge and
experience, combined with actual operational experience of the
former Cabaçal Gold mine and regional exploration operations by BP
Minerals and Rio Tinto.
Mr Gilbert Clark, Executive
Chairman states "We are very pleased that such distinguished
Brazilian and international industry professionals have agreed to
join our Advisory Board and provide advice to our Executive team
and Board of Directors on the future of the Cabaçal project. To
successfully develop our camp scale Cabaçal Cu-Au project,
experienced hands will be needed, and the Advisory Board having
either worked extensively in Brazil, on the Cabaçal project itself or on
similar large scale projects internationally will give a tremendous
boost to our future success at Cabaçal."
On behalf of the Board of Directors of Meridian Mining UK S
Mr. Gilbert Clark
Executive Chairman
Meridian Mining UK S
Email: info@meridianmining.net.br
Ph: +1 (778) 715-6410 (PST)
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Further information can be found at www.meridianmining.co
ABOUT MERIDIAN
Meridian Mining UK S is focused on the acquisition, exploration
and development activities in Brazil. The Company is currently focused on
developing the Cabaçal VMS Copper-Gold project in the state of
Mato Grosso; exploring the Espigão
polymetallic project, the Mirante da Serra manganese project, and
the Ariquemes tin portfolio in the State of Rondônia Brazil.
FORWARD-LOOKING STATEMENTS
Some statements in this news release contain forward-looking
information or forward-looking statements for the purposes of
applicable securities laws. These statements include, among
others, statements with respect to the Company's plans for
exploration, development and exploitation of its properties and
potential mineralisation. These statements address future
events and conditions and, as such, involve known and unknown
risks, uncertainties and other factors, which may cause the actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the statements. Such risk factors include, among others,
failure to obtain regulatory approvals, failure to complete
anticipated transactions, the timing and success of future
exploration and development activities, exploration and development
risks, title matters, inability to obtain any required third party
consents, operating risks and hazards, metal prices, political and
economic factors, competitive factors, general economic conditions,
relationships with strategic partners, governmental regulation and
supervision, seasonality, technological change, industry practices
and one-time events. In making the forward-looking
statements, the Company has applied several material assumptions
including, but not limited to, the assumptions that: (1) the
proposed exploration, development and exploitation of mineral
projects will proceed as planned; (2) market fundamentals will
result in sustained metals and minerals prices and (3) any
additional financing needed will be available on reasonable
terms. The Company expressly disclaims any intention or
obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise
except as otherwise required by applicable securities
legislation.
The Company cautions that it has not completed any feasibility
studies on any of its mineral properties, and no mineral reserve
estimate or mineral resource estimate has been established.
Geophysical exploration targets are preliminary in nature and not
conclusive evidence of the likelihood of a mineral deposit.
The TSX Venture Exchange has neither approved nor disapproved
the contents of this news release. Neither TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE Meridian Mining S.E.
