Meridian Mining has appointed Ausenco do Brasil Engenharia to conduct a definitive feasibility study for its Cabaçal Au-Cu project in Brazil. This study will help Meridian make a final investment decision for construction in 2026. The pre-feasibility study showed strong economic results, supporting the DFS, expected by mid-2026. Recent drilling yielded high-grade gold results, enhancing Cabaçal’s potential. Our initial share price target is CAD 1.50.
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