Ariquemes Tin Exploration Project
Tin mineralization was discovered at Ariquemes in 1987 and mining operations have since generated >300,000t of tin. The Company has acquired a highly prospective set of applications and approved exploration licences total 293,500 ha – a dominant land position.
Meridian has signed a Joint Venture Agreement with Orosur Mining Inc. The Agreement provides a mechanism for a staged earn-in by Orosur into the extensive Ariquemes land package. Geophysical and geochemical datasets highlight highly prospective signatures consistent with the tin-bearing granites within the Ariquemes area.
The Company welcomes the partnership with Orosur, which will allow it to pursue its particular strategic focus on its Cabaçal Cu-Au Project in the state of Mato Grosso while retaining exposure to Ariquemes’ long-term potential upside.
Orosur Mining is a TSXV and AIM listed company with a head office in Canada. It has interests in the Anza gold exploration project in Colombia (run in partnership with Newmont and Agnico Eagle), and has a strong technical management team, led by CEO Brad George, who has 30 years’ experience in global mineral exploration, development and financing with a long history in South America.