Meridian Mining plc is advancing the Cabaçal gold-copper VMS belt in Brazil, a major undeveloped polymetallic district, with a 50 km land package and strong potential for a scalable economically robust mining operation.
Compelling Project Economics
A recent pre-feasibility study highlighted the potential for significant value creation, with strong projected returns driven by gold and copper production.
Significant
Exploration Upside
Exploration Upside
Beyond the initial development area, Meridian’s district-scale land package provides multiple targets for resource growth and new discoveries.
Experienced Leadership
Meridian is led by a team with extensive experience in mine development, exploration, and capital markets, with leadership based in London and Brazil.
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Cabaçal VMS belt
Reimagining a gold-copper mining district
Meridian controls licences covering 50 km of the 55 km Cabaçal VMS belt, a highly prospective volcanic massive sulphide district in the mining-friendly state of Mato Grosso, Brazil. The belt hosts multiple historic mines and significant mineralisation over a central 10 km mine corridor, providing substantial expansion potential.
Cabaçal was only discovered by BP Minerals in 1983 and historically mined as a small-scale, high-grade underground operation. Today, modern exploration and advanced development work are unlocking the scale of this polymetallic system.
Develop the Cabaçal Project
Engineering, permitting, and development planning to position Cabaçal as a modern, scalable copper-gold operation capable of supporting long-term production.
Expand resources
Continue systematic drilling across the main Cabaçal corridor to increase the mineral resource base and strengthen the long-term production profile.
Discover the next deposit
Systematically explore the broader 50 km VMS belt for additional gold-copper deposits capable of supporting future production growth.
Strategic partnerships
Build long-term relationships with global investors, strategic partners, and local communities to support project development and future expansion.
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Advancing the Cabaçal Gold-Copper Project in Brazil
Meridian Mining is dedicated to advancing and expanding the Cabaçal VMS gold-copper project, a highly developed asset located in Mato Grosso, Brazil. In addition to progressing this flagship project, the Company is actively pursuing regional exploration opportunities across the broader 50 km Cabaçal VMS belt. The Cabaçal deposit is rich in gold, copper, and silver, with strong potential to support a standalone mining operation.
On March 31, 2025, the Company filed its NI 43-101 Technical Report and Pre-Feasibility Study for the Cabaçal Gold-Copper Project, with an effective date of March 10, 2025. This report was prepared in support of the Company’s announcement released on March 10, 2025. Readers are encouraged to review the full Pre-Feasibility Study Technical Report for comprehensive details.
Investor presentation
View our latest investor presentation to learn more about Meridian’s copper-gold development strategy, portfolio, and growth potential.
Latest news & updates
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