Proactive investorsLogo Proactive Investors UK Website

Search field
Get Adobe Flash Player Download
Flash
Player ►

And
Enable
Javascript

Additional information
Additional Information
Market: ASX
Sector: Gold Mining
Epic: MII
News: Latest news
Web Site: Meridian Minerals Ltd
Other Articles: 03-02-201020-01-201023-11-2009

RSS - Subscribe to the News Today on Proactive UK ▼

Monday March 15, 10:21Diamondcorp: a big cash injection and a lot of work to do

70% of the new money was raised from current shareholders, reflecting a hefty amount of faith in the management to deliver.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive NA ▼

Monday March 15, 11:38Calvin Klein owner buys Tommy Hilfiger for US$3 billion from Apax Partners

The New York listed shirt and neckwear company is paying €1.924 billion in cash and issuing €276 million in PVH common stock (approximately 8.7 million shares) to fund the transaction.

 

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

FULL ARTICLE ►
Meridian Minerals Ltd

Meridian Minerals Ltd

Meridian Minerals Ltd, formerly Bellevue Resources Limited, is an exploration company. On July 28, 2008, Bellevue Resources Limited completed the acquisition of Meridian Mineral Limited, a junior exploration company. Meridian Minerals has secured the right to acquire a portfolio of exploration licenses, including Lachlan Fold Belt, Gawler Craton, Koonenberry Inlet and Thomson Fold Belt. It has also commenced a search for gold or gold-copper projects to complement the existing projects.
Monday, November 23, 2009

Meridian Minerals Commences Drilling on the Lennard Shelf Zinc Project

company news image

Australian resources company Meridian Minerals (ASX: MII) has kick started drilling at the Kapok West mineral resource on the Lennard Shelf Zinc Project in Western Australia.

The Perth-based company's drill program is a key component of a feasibility study to determine if the Kapok mine can be profitably reopened and the Kapok West mineral resource put in to production.

It consists of infill drilling at Kapok West with the goal of allowing the Kapok West resource, currently an Inferred resource of 1.22Mt @ 4.3% Zn and 9% Pb at a 5% Zn cutoff, to be classified as an Indicated resource in accordance with JORC.

Extension drilling will also be completed at Kapok West, with the goal of increasing the Kapok West resource and understanding more thoroughly the link between the Kapok and Kapok West resources.

The Lennard Shelf region is one of the world’s premier Mississippi Valley Type (“MVT”) zinc-lead provinces containing pre-mining zinc-lead resources of 41 million tonnes (“Mt”) @ 7.9% zinc and 3.2% lead.

Meridian managing director Jeremy Read said the start of drilling at Kapok West marked the commencement of the Kapok/Kapok West feasibility study.

“Prior to the commencement of the drill program there has been over three months of planning and upgrading of our field operations base, so it is very satisfying to now have a drill rig onsite and running,” Mr Read said.

“Currently we have one drill rig at Kapok West and next week a second rig will commence drilling, significantly accelerating the pace of work.”

Mr Read anticipated the infill and extension drill program at Kapok West would take 4-5 months to complete, with drilling set to continue throughout the northern wet season, as much as practicable.

Initial results from the drill program should be available in late January or early February next year.

AddThis Feed Button
Register here to be notified of Proactiveinvestors One2One Forums.

Other Meridian Minerals Ltd news

More news ►

Investors interested in Meridian Minerals Ltd recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.