Meridian Mining Granted Trial Production License Califórnia, Eduardo Mendes & Calça Frouxato be brought into production
Meridian Mining Granted Trial Production
License
Califórnia, Eduardo Mendes & Calça Frouxato be brought into production
LONDON
,
Sept. 10, 2018
/CNW/ - Meridian Mining SE (TSXV: MNO) ("Meridian" or the"Company")
today announced that it has been granted a Guia de Utilização permit No. GU nº 19/2018 (the "GU")
by the National Department of Mineral Production ("DNPM"), valid until 19
th
of
May 2020
, Fig 1.The
GU allows for the extraction 6,000t of Mn oxide concentrate per annum fromthe exploration license
that covers the Califórnia / Eduardo Mendes/ Calça Frouxa prospects. These prospects have been
partially mined for colluvialmaterial in the past. Via the GU, the remaining colluvial and vein material
maynow be extracted.
The prospective areas forcolluvial and saprolite vein Mn oxide mineralisation are also centred on the
existing pre-screening facility at the Califórnia prospect. To further reduce cost, a second pre-
screening plant will be mobilised to the Eduardo Mendes area.
Fig. 1: Guia de Utilização permit No. 19/2018, on tenement 886.303/2009. (CNW Group/Meridian
Mining S.E.)
Mr Clark, Interim CEO & President, states, "The Espigão team has achieved a great result in
opening up another key area for extraction. Located in the northeast of the Espigão Project, the
Califórnia material once extracted will be first pre-screened on site. This results in a ~75% reduction
in the volume of material to be trucked to the plants and then processed; for the same volume of
concentrate. The Company is now moving towards 100% pre-screening of all manganese material
mined.
Qualified person
The technical informationabout the Company's exploration activity has been prepared under the
supervision of and verified by Dr.
Adrian McArthur
(B.Sc. Hons, PhD. FAusIMM),the Chief Geologist
of Meridian Mining, who is a "qualified person" within the meaning of National Instrument 43-101.
On behalf of the Board of Directors of Meridian Mining SE
Gilbert Clark
Interim CEO, President andDirector
ABOUT MERIDIAN
Meridian Mining SE is focused on the acquisition, exploration, development and mining activities in
Brazil. The Company is currently focused on exploring and developing theEspigão manganese and
gold projects, the Bom Futuro tin JV area, and adjacent areas in the state of Rondônia. Meridian is
currently producing high grade manganese at its project located at Espigão do Oeste.
Further information can befound at
www.meridianmining.co
FORWARD-LOOKING STATEMENTS
Some statements in this newsrelease 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 and development of its properties
and potential mineralization. These statement saddress 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 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 and development 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 has been established. In particular, because the
Company's production decision relating to Meridian Mineraçao Jaburi S.A,manganese project is not
based upon a feasibility study of mineral reserves,the economic and technical viability of the Espigão
manganese project has notbeen established.
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 definedin the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
SOURCE
Meridian Mining S.E.
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For further information:
Jonathon Richards, +1 604-681-0405, [email protected]
CO: Meridian Mining S.E.
CNW 18:59e 10-SEP-18